Call for End to Short Term Investing

So I'm Canadian, and we have to pay regular taxes on frequent, short term trading.

Is it different for Americans? If you are a dedicated trader and you trade very frequently, do you pay only capital gains or regular taxes?

How about if you are incorporated?
 
Quote from telience:

So I'm Canadian, and we have to pay regular taxes on frequent, short term trading.

Is it different for Americans? If you are a dedicated trader and you trade very frequently, do you pay only capital gains or regular taxes?

How about if you are incorporated?
More...

What is the difference between capital gains tax and regular tax in Canada? Different tax rate? Do you pay transaction tax?
 
Quote from short&naked:

Ever been to the Chicago futs pits? Guess not...
More...


So responding without reading a response and frontrunning flow are now the same thing?

Please...

Welcome to my ignore list.
 
Quote from gkishot:

What is the difference between capital gains tax and regular tax in Canada? Different tax rate? Do you pay transaction tax?
More...

When you have a capital gain, you only declare 50% of that gain as income, the rest is tax free.

There is no transaction tax.

What is it like in the US? Can high frequency traders just pay capital gains tax?
 
Wow. Maybe I should become a Canadian Citizen. :) This is a fair tax.

Quote from telience:

When you have a capital gain, you only declare 50% of that gain as income, the rest is tax free.

There is no transaction tax.

What is it like in the US? Can high frequency traders just pay capital gains tax?
More...
 
I am sick of these corporate fatcats telling the rest of us it's our fault somehow that things are screwed up. How about they address the root of the problem, excessive, out of control CEO compensation? Whether it's incentive options, which create an "incentive" for fraudulent earnings, or bogus "performance" bonuses, the focus of corporate America has been on lining its own pocket. Now we are told the reason is day traders distorting the capital formation process. What BS.

Most investors would love to go back to buy and hold. They can't because managements are so corrupt and dishonest that it's madness to trust them over any period of time. If the company somehow does do well, they will only steal the rewards through excessive compensation.
 
so what is "short term investing?

10 minutes? Hour? 5 hours? 2 days?

How in the world will anyone draw a line that is not completely arbitrary?
 
You must log in or register to reply here.
Back
Top