Douglas Harrell

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Noface
Douglas Harrell
Posted about 1 year ago
Lengthen the term to qualify for the lower long-term capital gains tax rate
Thanks for responding. 1) Everyone will have a different timetable, but people buying the stock (who set the price) are going to want the company to look like it is set up to succeed in the next 5 years (if that's the long-term period). Now a huge fraction of the people (or computers) buying a stock are only interested in how a compnay is set up for the next few hours or days. 2) Inflation is eating at your investment (or cash) at the same rate regardless of the time frame, so I don't see how this matters.
Noface
Douglas Harrell
Posted about 1 year ago
Lengthen the term to qualify for the lower long-term capital gains tax rate
I guess my thought was that if investors had to wait say 5 years to be able to sell their stock at the lower "long-term" capital gains tax rate, then they would not worry as much about this quarter, and would be more worried about the next few years. This would make them more willing for management to take action that may not boost the stock price today, but that will in a few years.