That's got to be worth a job or two for the state.
I hadn't heard of a financial transaction tax, but it looks like they want to add a $0.05 per share tax on all transactions
Nasdaq in talks to move to Texas as NJ mulls transactions tax
Oct. 7, 2020 11:30 AM ET|About: Nasdaq, Inc. (NDAQ)|By: Stephen Alpher, SA News Editor
"I've been talking with the Nasdaq (NASDAQ:NDAQ) stock exchange about moving some of their operations to Texas," tweeted Texas Governor Abbott overnight. "They want to flee higher taxes."
Sources say the discussions involve a move for Nasdaq's electronic trading systems from New Jersey to Dallas-Fort Worth. Texas isn't alone in trying to lure Nasdaq from the Garden State - several other states are reportedly in talks with the exchange operator.
His state's finances under a good deal of pressure, New Jersey Governor Phil Murphy is mulling a financial transaction tax.
www.nbcdfw.com
I hadn't heard of a financial transaction tax, but it looks like they want to add a $0.05 per share tax on all transactions
Nasdaq in talks to move to Texas as NJ mulls transactions tax
Oct. 7, 2020 11:30 AM ET|About: Nasdaq, Inc. (NDAQ)|By: Stephen Alpher, SA News Editor
"I've been talking with the Nasdaq (NASDAQ:NDAQ) stock exchange about moving some of their operations to Texas," tweeted Texas Governor Abbott overnight. "They want to flee higher taxes."
Sources say the discussions involve a move for Nasdaq's electronic trading systems from New Jersey to Dallas-Fort Worth. Texas isn't alone in trying to lure Nasdaq from the Garden State - several other states are reportedly in talks with the exchange operator.
His state's finances under a good deal of pressure, New Jersey Governor Phil Murphy is mulling a financial transaction tax.
Nasdaq In Talks With Gov. Abbott About Relocating Trading Systems to North Texas
Nasdaq Inc. is in talks with Texas Gov. Greg Abbott about potentially relocating the exchange’s electronic trading systems from New Jersey to Dallas-Fort Worth, according to two sources familiar with the discussions.
www.nbcdfw.com
