Hacker News new | ask | show | jobs
by yurishimo 1005 days ago
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.

2 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.