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ProllyInfamoustoday at 12:49 PM0 repliesview on HN

>I find the concept of taxing stock trades in general interesting, but I believe it could have a bunch of undesirable side-effects.

My most-desired effect would be to reduce stocks that are traded (roundtrip: bought and sold) within MICROseconds. Even adding a 0.5% tax on all short-term holdings (i.e. less than a year held, within US) would effectively prevent non-human trading from occuring. I've worked in multiple datacenters in my career, and fibercable length can literally be a detectable factor/handicap [so exchanges e.g. make all cables the same length!].

Fun fact: 2025 was the first year that most publicly-traded stocks were transacted (officially) within darkpools (i.e. not sold on public exchanges, reducing the true effect of "price discovery").

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I live in a workingclass neighborhood, and am bluecollar myself; most of my friends/family/clients are Top 5%ers... their failure at perspective is that crimes happen for reasons... and a major reason on my street is literally that single mothers are starving in order to feed their children. If a man is around, he's probably not the father, and is probably living as another child to both Momma and BigGov (certainly not working; with rare exception, the only men that work on my street live alone).

In a non-military sense, "eating crayons" is similar in compliment: it's a satyrical poke at self that one might be highly "regarded" == not wise in a traditional sense [" 'g'==>'t' "]. But seriously folks: don't eat crayons ("silver" tastes best and makes sparklypoo).