eh, I think the real problem isn't wall street... the real problem is that we subsidize investing to sell over investing to hold through lower capital gains tax

eh, I think the real problem isn't wall street... the real problem is that we subsidize investing to sell over investing to hold through lower capital gains tax rates... If I sell my company, I pay less than half as much taxes than if I continue to hold the company and just pay out profits to myself. this encourages short-term thinking. If we still want to give preferential tax treatment to investing vs. working, you can do that without forcing people to sell by removing the double taxation on dividends... simply allow corporations to write off dividends as they would wages, and charge owners the existing capital gains taxes. this would allow owners to extract value at the lower capital gains rate.