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What if... tax(short term investment)=60% & tax(very long term investment)=10%

1 pointsby brianlalmost 14 years ago
There are lots of debates going on about taxing the crap out of everyone and everything.<p>I'm wondering what if the tax on short term investments were very high, like 60%. and it dropped by 2.5% every quarter down to 10% after 5 years.<p>Would hedge funds just move to foreign countries?<p>Would smart &#38; greedy Wall St. types be more motivated to build companies that create value &#38; jobs?<p>Would executives be motivated to create longer term value?<p>What do you think?

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