Why are long-term capital gains & dividends taxed at 15% while short-term capital gains are taxed at up to 35% today. If I make money on a stock and sell it a year and a day later I pay 15% in federal long-term capital gains taxes. But if I sell it 2 days earlier I pay up to 35% in federal short-term capital gains taxes.
Why is slow moving capital preferred to quick moving capital?
An interesting new college model - Minerva
12 years ago
