Taxing Matter, Biden's Unsound Idea, Adapting to Change, Problems and Solutions
Taxing Matter, Biden's Unsound Idea, Adapting to Change, Problems and Solutions The president's plans to raise taxes aren't a surprise, but hiking the capital gains rate significantly isn't such a hot idea. Apr 23, 2021 | 07:15 AM EDT New Math The impact upon financial markets was as pronounced as it was immediate. Overdone? Perhaps. Any market where price discovery is controlled electronically by algorithms designed to overshoot based on micro-second reactions to keywords found on the Internet is going to experience exaggeration. Speed is how electronic traders force greater ineffici...