Why not a longer holding period for the lower cap gains rate
Reader comment on: Santorum and Romney on Taxes
Submitted by Lyle (United States), Jan 5, 2012 16:10
Say the current rate for from 1 year to 5 years and the lower rate after 5 years (to partly make up for inflation). Of course if I could dictate there would also be a very short term cap gains rate for less than 2 days of 50% because such short term trading is not investing but gambling.
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The Future of Capitalism replies:
What about adjusting the basis for inflation to either gold or CPI?
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