Monday, November 15, 2010

I think we need to tax stock market holdings while they are held maybe by averaging all the valuations of a stock over the course of a year and assessing an income tax on the mean average price in that year. The selling taxes could be eliminated and we would have a more stable income stream which would not be prone to sudden dumping as it is now on bad news. You couldn't park money in the speculative vehicle of the stock market without a tax. You would spend more and stimulate things around you.