2 ms·
> Implement a tax that requires people to actually buy stock for reasons other than its price. Huh? I buy stock to make money. I make money when I buy at a l
by anamax 17y ago
> Implement a tax that requires people to actually buy stock for reasons other than its price.
Huh?
I buy stock to make money. I make money when I buy at a lower price than I sell said stock. Note that price plays a role in both transactions.
Serious question - who buys stock for reasons other than price expectations?
- yummyfajitas 17y agoSome people buy (a small number of) stocks for dividends. But that's very rare, since dividends are taxed twice while capital gains are taxed only once.