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Index Page » Finance & Investment » Foreign Exchange
 

What If There Was A Huge Tax On Currency Trading?

 

What if currency traders when making money were also helping the wealth of a nation? What if currency traders were taxed on each trade and that money was used to kick start third world nations and emerging markets? What if we used this money to build water reservoirs and water filtration plants or what if we used it to build sewer treatment plants and hydroelectric power plants?

What if we used the money to slow down or defeat AIDS, Malaria, Yellow Fever or stop disease? What if we used the money to help promote childrens health and education? What if along with this money we taught people to farm, grow food and sell what they did not need to regional trading partners or neighboring countries?

What if we could help finance small businesses through micro loans, which would help grow local economies? What if every time currency was traded out of a smaller nation there was just a 2.5-5% tax and when currency traded out of a powerful nation there was a 1% fee on top of the current banking fees?

What if when currency traders made millions before breakfast, that children in Africa could eat breakfast? What if everyone won, when investors and traders in currency won or lost? What kind of good deeds could we do with that unit of trade if it were strategically placed to do the most good? Think on this.

Author: Lance Winslow
 
Author Bio:

Lance Winslow

Currently Lance is retired at age 40 and is running an Online Think Tank Forum while traveling North America. Perhaps considering something extremely challenging to do that will exercise his mind and utilize all his experiences, observations and skills. Any ideas?

 
 
 

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