Wall Street

I haven’t written much about Wall Street. So I will repeat a few words that I have written before. Wall street makes some of their money by buying low and selling high. Money made this way is taxed at a lesser rate then the income of people that labor for a living. Maybe it is taxed at a lesser rate than because the people that make that money do not work as hard. I believe that is unfair. Because other working people put the worth into the value, their taxes should be reduced to a lesser rate than the capital gains tax that of the people who sit on appreciating assets.

The other way Wall Street makes their money is more underhanded. Market manipulation, legal manipulation enabled by friendly politicians, and downright unethical diversions.

I fully expect President Trump to do something better, he is supposed to know the smart people.

 

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