In a September 25 article titled, “0.25% Trading Fee”, members of Congress are considering a 0.25% fee on all transactions. That’s a’%’ and not a ‘$’.

Rep. Peter DeFazio, D-Ore. [...] advocated a new government fee of .25 percent of every stock transaction to ensure that the government can recoup funds to pay for the aid that it provides to lenders. “If this is truly such a catastrophe, I don’t see how anybody can object to a one-quarter of one percent fee,” DeFazio said. Others who attended the session said that proposal seemed to be gaining little traction...