grte@lemmy.ca to Canada@lemmy.ca · 1 year agoLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.caexternal-linkmessage-square140fedilinkarrow-up1608arrow-down148
arrow-up1560arrow-down1external-linkLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.cagrte@lemmy.ca to Canada@lemmy.ca · 1 year agomessage-square140fedilink
minus-squareoriginalucifer@moist.catsweat.comlinkfedilinkarrow-up8arrow-down3·1 year agoall stock market trades should be taxed at 100% value. dont like it? dont gamble ‘invest’
minus-squareLostWon@lemmy.calinkfedilinkarrow-up4arrow-down1·edit-21 year ago…or just abolish the stock market (at least that’s how I read this).
minus-squaredangblingus@lemmy.dbzer0.comlinkfedilinkarrow-up4·1 year agoAt this point, abolishing the stock market would require a restart on the United States as an entity. The stock market is quite closely linked to the banking system. Closing the stock market would crash the US economy into oblivion.
minus-squareLostWon@lemmy.calinkfedilinkarrow-up4·1 year agoAnd no doubt every other closely-tied economy, as well.
minus-squarehelenslunch@feddit.nllinkfedilinkarrow-up1arrow-down1·1 year agoDo they get a tax refund when they take a loss as well?
all stock market trades should be taxed at 100% value. dont like it? dont
gamble‘invest’…or just abolish the stock market (at least that’s how I read this).
At this point, abolishing the stock market would require a restart on the United States as an entity. The stock market is quite closely linked to the banking system. Closing the stock market would crash the US economy into oblivion.
And no doubt every other closely-tied economy, as well.
Do they get a tax refund when they take a loss as well?