Comment Re:Wny not just tax trades? (Score 2) 267
I think the problem is that we all forget what it all this about:Trading should be about investment. Not especulation.
A company that need to grow needs money, so it go public to look for investors, that put their money in the company.
What good makes a company a "trader" that buys a stock and sells it 1 microsecond later for a profit. A speculator is *NOT* interested in supporting a bussines.
So the focus should be in that. atract more investors and punish the speculator:
1) No tax for trades kept for 1 month.
2) 100% tax for trades bought & sold the same day (so you should sell it twice the buying price to don't lose money).
3) Some nice tax curve in between (1-e^(t) it's my candidate ).
That way, you should commit to your investments (like real men do)... but give a real movility (after a month) in case you want to capitalize quickly. Current system just feed the greed of some, and don't help the economy.
A company that need to grow needs money, so it go public to look for investors, that put their money in the company.
What good makes a company a "trader" that buys a stock and sells it 1 microsecond later for a profit. A speculator is *NOT* interested in supporting a bussines.
So the focus should be in that. atract more investors and punish the speculator:
1) No tax for trades kept for 1 month.
2) 100% tax for trades bought & sold the same day (so you should sell it twice the buying price to don't lose money).
3) Some nice tax curve in between (1-e^(t) it's my candidate ).
That way, you should commit to your investments (like real men do)... but give a real movility (after a month) in case you want to capitalize quickly. Current system just feed the greed of some, and don't help the economy.
