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PAY OFF THE NATIONAL DEBT IN 5 YEARS! THE $100 SOLUTION (guaranteed to win re-election!)

Created by T.R. on April 13, 2012

Financial Transaction Tax? What would the real numbers look like using $100 charge for the buy and sell side of each trade.
2011 Statistics provided by ‘The World Federation of Exchanges’.
Single Stock options;1,815 million contractsx2 x $100=$369,000,000,000
Stock Index Options: 320 million contracts x 2 x$100 = $64,000,000,000
ETF Options: 1,315 million contracts x2 x $100 = $336, 000,000,000
Stock Index Futures: 736 million contracts = $147,200,000,000
Total Equity Derivatives: 2,382 million contracts = $476,000,000,000
Interest Rate Options; 273 million contracts = $54,000,000,000 Interest Rate Futures; 2,765 million contracts = $552,000,000,000

Budget & Taxes
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