this post was submitted on 26 Feb 2024
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[โ€“] [email protected] 5 points 11 months ago (2 children)

all stock market trades should be taxed at 100% value. dont like it? dont ~~gamble~~ 'invest'

[โ€“] LostWon 3 points 11 months ago* (last edited 11 months ago) (1 children)

...or just abolish the stock market (at least that's how I read this).

[โ€“] [email protected] 4 points 11 months ago (1 children)

At this point, abolishing the stock market would require a restart on the United States as an entity. The stock market is quite closely linked to the banking system. Closing the stock market would crash the US economy into oblivion.

[โ€“] LostWon 4 points 11 months ago

And no doubt every other closely-tied economy, as well.