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The bigger issue in my opinion is that they are actually harming society by messing up the fair allocation of capital investments. We need a Super Short Term capital gains tax that kicks in for stock held less than 24 hours. Maybe 90%?
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The bigger issue in my opinion is that they are actually harming society by messing up the fair allocation of capital investments. We need a Super Short Term capital gains tax that kicks in for stock held less than 24 hours. Maybe 90%?