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WCGreen

(45,558 posts)
Fri May 11, 2012, 03:52 AM May 2012

You know if Wall Street got back to matching investors with people who have ideas but little to [View all]

no capital instead of slicing and dicing the same asset over and over again making money on the margin, the economy would be a lot more solid.

Boring, but a lot less volatile.

The quickest and best way to get to this sane way for capital markets is to segment banking from investments and requiring all short term gains to be taxed at the same rate as all other forms of income such as wages, salary, rents, dividends and interest.

It's insane to reward churning sales by taxing the profits as a capital gain is insane.

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