Re: Slightly more patient capital?

["Max B. Sawicky" <sawicky@xxxxxxxxxxxxxxxx>]

Yes but I forget who.  Somewhere I have a stack of papers
from a conference on this.

Capital gains rates, among other complexities, reflect
this purported intention of encouraging buy and hold.
Best recent book is Len Burman, "The Capital Gains
Labyrinth."

Where ya been?

max



It got me wondering.  Did anyone ever propose something similar to a "Tobin
Tax" on domestic stock trading (not quite the same, since Tobin's focus was
speculation)?  Either tax increases or tax cuts that would encourage
longer-term investment?  If so, what were the details?

Thanks,
Anders Schneiderman