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0 pointsyurishimo2y ago0 comments

You can have transaction taxes without penalizing small/micro investors.

It’s criminal how the people who trade stocks for a living get away with paying less taxes as a percentage than their janitors.

0 comments

This could be solved in part by eliminating the carried interest loophole

The drag on efficient capital allocation doesn’t get better if it only applies to large investors, if anything probably the reverse.

j / k navigate · click thread line to collapse

0 pointsyurishimo2y ago0 comments

You can have transaction taxes without penalizing small/micro investors.

It’s criminal how the people who trade stocks for a living get away with paying less taxes as a percentage than their janitors.

This could be solved in part by eliminating the carried interest loophole

The drag on efficient capital allocation doesn’t get better if it only applies to large investors, if anything probably the reverse.

j / k navigate · click thread line to collapse