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by sacomo
1899 days ago
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No worries. The STT was first imposed in 1909. They started rebating it at 100% in the 80s. They didn't have the political power to outright abolish it. What should happen now is that rebate should be removed. The STT is a 0.5% sales tax on the value of stock trades, 0.1% on debt and 0.005% on derivatives. |
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