Capital gains tax should be split into two categories: Medium term (1+ year) and very long term (7+ years). Very long term tax would be much lower than today's tax, while medium term would be higher. This reform would reduce MBA's plundering company goodwill and trust for short-term quarterly boosts and reward long-term thinking.
Capital gains tax should be split into two categories: Medium term (1+ year) and very long term (7+ years). Very long term tax would be much lower than today's tax, while medium term would be higher. This reform would reduce MBA's plundering company goodwill and trust for short-term quarterly boosts and reward long-term thinking.