Financial products should absolutely be illegal. People just make all these scams up out of thin air and then lobby the government not to outlaw any of it. When you seriously look into the finance industry for the first time, your first question is “why is any of this legal?”
Good.
Tax the stock market into oblivion, it's all fake and gay anyway.
Financial products should absolutely be illegal. People just make all these scams up out of thin air and then lobby the government not to outlaw any of it. When you seriously look into the finance industry for the first time, your first question is “why is any of this legal?”
Financial products and globohomo are the only things the US has left. It's not like we make anything anymore.
It's not going to be taxed into oblivion though. It's going to be taxed to maximize the government's returns on the stock market.