Yeah, the more volatility it takes out of the market, the less tax revenue it brings in.
But then consider the staggering losses of those periodic Dow Jones meltdowns that would presumably be smaller and occurring less often, and there is another big money payoff for those rich folks who otherwise would be facing more and bigger wipe out events.
Enlightened rich people might even be in favor of this idea . . .
But then consider the staggering losses of those periodic Dow Jones meltdowns that would presumably be smaller and occurring less often, and there is another big money payoff for those rich folks who otherwise would be facing more and bigger wipe out events.
Enlightened rich people might even be in favor of this idea . . .
The granting of a pardon is an imputation of guilt, and the acceptance a confession of it.