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View Diary: Time to coin a phrase: It's time for Shared Sacrifice (87 comments)

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  •  Exactly - and not just for hedge fund (4+ / 0-)
    Recommended by:
    Sychotic1, jamess, Dirtandiron, Kristina40

    managers. The difference between long term and short term capital gains should have more time categories with different rates - from really high for short term to perhaps 0 for really long term.

    It's what you do, not what you believe that counts - thenekkidtruth

    by sewaneepat on Tue Jan 04, 2011 at 06:09:57 AM PST

    [ Parent ]

    •  small investors should have an 'out' (1+ / 0-)
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      as well; those making less than a few thousand a year should be given a break. Taxation should be progressive, increasing with total gains

      Obama/Democrats: The Earth is round. Republicans: No! it's flat!
      The compromise: The Earth is a triangle.

      by shpilk on Tue Jan 04, 2011 at 07:48:37 PM PST

      [ Parent ]

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