[wilkommen]

I agree - I think there should be a rule that prevents anyone who buys a stock from selling it inside the following 2 years or so. And another rule that says every stock must pay a dividend that is a fixed percentage of the company's profit, modifiable only rarely and only by the board of directors. Then anyone buying stocks would have to price them more by the actual present-day dividends and strength of the company in the present day than by what someone else might buy the stock for tomorrow. It would curb speculation and reward responsible companies that are building strength for the long term.

[marcus_holmes]

I think we should tax speculative gains to the point where it's not profitable to base your entire investment on just speculation.

If you buy something, do nothing with it, and then sell it for a profit, we should tax that profit at 90% ish.

[wilkommen]

I like that, I think your method is better than mine - it's simpler so it's harder to game. It punishes the right thing.