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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: c.hinton who wrote (255865)2/3/2008 5:23:58 AM
From: Elroy  Read Replies (1) | Respond to of 281500
 
the term "daytrading " implies that the holding period is less than 8hours

You are not focusing on the point of the discussion, which is about the fairness/approriateness of different tax penalties for short term capital gains, long term capital gains, and unrealized equity gains. The daytrading thing was just an example of short term capital gains - nobody is advocating it.