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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Comments

 
Michael Leonard

Would shift the idea to flash trading.

 
Benjamin Nadelstein

https://www.youtube.com/watch?v=BQNVhxGgrS8

Something like your idea is embedded somewhere in here!

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