Some Democrats Just Don’t Get It

House Democrats are pushing for a so-called "Wall Street tax" on certain?financial instruments. The tax, on the sales and purchases of these instruments, is a mere .25% and designed to bring in $150 billion.

I would comment on this, but a person in the comment sections below The Hill article I linked to above said it very well: "Wall Street pays to help Main Street Tax? What a LIE ! This is another tax that will be passed down to the holder of the account from the broker – that is US individuals that own stock as part of thier [sic]?savings. If its [sic] a fund that gets the tax, they just pass it along as a [sic] admin fee. So in the END the individual comsumers are getting the SHAFT. Thank you Congress."

My sentiments exactly. Why can’t Democrats understand this basic concept of business and markets? Maybe because they have never been in the non-public, non-unionized sector of the American work force?