Quote:
Originally Posted by tophcfa
It wound not be the stock traders that pay this tax, it would be the investors as the trading tax will be passed through. Everyones 401k plan that holds mutual funds owing stocks will be taking the hit. In non 401k/IRA accounts, money that people have invested in stocks was already taxed as income before it was invested.
|
It would be great if we had control over the volume of trading in our 401k plans. But I don’t see Vanguard or Fidelity eating that cost. They will pass it along to us who already paid management fees and transactional costs