this post was submitted on 05 Jun 2024
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Microblog Memes

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Lets test the theory (lemmy.world)
submitted 5 months ago by Riker@lemmy.world to c/microblogmemes@lemmy.world
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[โ€“] Wrench@lemmy.world 1 points 5 months ago (1 children)

Yearly would be fine, but it could be done quarterly to. The capital gains tax on stock profits is already done quarterly.

[โ€“] Cryophilia@lemmy.world 2 points 5 months ago

You know what, I've thought about it some more and you have a point. Securities valuation could be averaged out over a period of time and then treated as cash reserves for taxation purposes. That's actually not as difficult as I thought it might be. Minor additional burden on investment firms.