tag:blogger.com,1999:blog-2809146912677894496.post301963327237534602..comments2024-03-29T01:18:59.578+00:00Comments on The Thoughts of Chairman Bill: Time for a Change - Corporately SpeakingChairman Billhttp://www.blogger.com/profile/02104786653126767184noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2809146912677894496.post-55340223950475466462012-02-05T15:46:58.702+00:002012-02-05T15:46:58.702+00:00Alan - more like 50% tax on share sale profits if ...Alan - more like 50% tax on share sale profits if sold within 10 years.Chairman Billhttps://www.blogger.com/profile/07908632282972692269noreply@blogger.comtag:blogger.com,1999:blog-2809146912677894496.post-25188972106406991862012-02-05T12:10:39.025+00:002012-02-05T12:10:39.025+00:00No : and what is worse - quite frankly it is frigh...No : and what is worse - quite frankly it is frightening - is that the average length of time a share is held in the USA is less than a minute. Machine algorithms control the markets now, computer systems that search out minor changes in stock price and buy heavily (or sell heavily) as a result. The only solution is a tax on share deals : even a 0.1p tax on each deal would stop the buggers in their tracks as they conduct millions of deals per day.Alan Burnetthttps://www.blogger.com/profile/01015127443616786425noreply@blogger.com