### Comment:
Jesus. Read the article. He isnt taxing 401k people. Hes taxing day traders. If anything it would make algo trading much more expensive too.

### REPLY:
Day trading and hft involves making a small amount of money from each trade and making a large number of trades. Taxing trading will reduce trading, so the attempt to generate revenue from it will just lead to less liquidity in markets and little revenue generation.  
  
 But people who think Bernie is a serious candidate think capital markets are some magic money generation device for the rich that can be taxed with no consequences.

### END.