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Washington Viewpoint - Give Investors a Break

Traders Magazine, February 2000

Rep. Vito Fossella

The tempo on Wall Street has accelerated in recent years. The markets have soared to record heights, producing an explosion in wealth, opportunity and prosperity never before seen in our nation's history.

But it's not only the American people who are experiencing the good times. A series of user and transaction fees imposed on investors in the 1930s has emerged as an economic boon for the federal government as well.

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