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That's certainly something that could be driven off shore in a matter of quarters. (The time, not the coin.) Pushing activities into another country isn't my goal, YMMV. Plus, the bulk of these transactions are handled by pension funds and money managers, so it's really a tax on retirement savings for small individuals. -XC
Possibly but given the proximity necessary for the servers at the actual exchange to execute the trades, moving offshore would put anyone who wants to execute NYSE CBTs at a tremendous disadvantage - one that I don't think any manager would willingly take to avoid the tax.