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Yes, the simplest solution is a 0.1 % tax on short-term trades. It's actually pretty strange that practically everything else one buys is taxed by the governmen
by jsyedidia 16y ago
Yes, the simplest solution is a 0.1 % tax on short-term trades. It's actually pretty strange that practically everything else one buys is taxed by the government but not shares. No surprise that we get all this useless and dangerous high frequency trading, and an obscenely large financial sector.
- yummyfajitas 16y agoCapital gains on shares are taxed. Short term capital gains are taxed at a higher rate.