I have just learnt today (read it in a report), that come 1st Jan 2013, US is introducing a new tax (transaction tax) on all banking transactions: it will be equal to 1% of the value of the transaction..
How ridiculous, they are coming after every transaction. at a time when JP Morgan looses several billions of $ using tax payers money to stay afloat.
THis is being introduced in US, but don't take it lightly, once it gets going in US, Canada will definitely follow.. as this is a very lucrative source of money..
Here's the link:
http://www.martinarmstrong.org/files...05-22-2012.pdf