Impose a 50% Surtax on Capital Gains on Stock Held Less Than 30 Days, and Disallow Tax Deductions For Losses on Stock Held Less Than 30 Days.

Day-trading, short-selling, and speculation are more gambling than investing, and serve to undermine stability in the stock market. The primary purpose of stock should be to allow investors ownership in companies seeking capital. All too often intentional short-term ownership of stocks undermines the benefits and stability of stock ownership.

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