• @ArbiterXero
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    1110 months ago

    It’s actually higher in many scenarios.

    What needs to be taxed like income is loans against the stocks

    • Flying Squid
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      610 months ago

      Or a simple .01 cent financial transaction tax. Absolutely no effect on the average person, a huge way to raise revenue from bankers and stock traders.

      • @ArbiterXero
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        110 months ago

        Agreed, or just a minimum amount of time that stocks can be owned to kill the high-frequency traders.

    • Liz
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      fedilink
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      110 months ago

      Oh yeah that’s right. I forgot about Buy, Borrow, Die.

      I agree, though I’d have to do something thinking about the exact right way to implement a tax on that kind of behavior.

    • @Illuminostro
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      -210 months ago

      Tax idle stock while you’re at it. 1% per share, per current price, per quarter.