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re: How do you respond to this Yahoo comment regarding short/long-term capital gains tax rate?

Posted on 12/19/17 at 9:34 am to
Posted by stniaSxuaeG
Member since Apr 2014
1585 posts
Posted on 12/19/17 at 9:34 am to
quote:

You'd have to argue that short-term trading has some value to the system that wage-earning does not.
And short term trading is taxed as ordinary income, which invalidates the initial argument anyway.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 12/19/17 at 10:54 am to
quote:

And short term trading is taxed as ordinary income, which invalidates the initial argument anyway.


i read it as phrased hypothetically teh first time, but you're right that assertion is in there
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