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Re:How inflation swindles the equity investor (1977) by findjashua on Sunday February 25, 2018 @03:09PM (#16460903)
I believe the reasoning behind it is to incentivize long-term investing.

Though, it should really be a tiered system in that case - different tax rates for holding periods of <1 yr, 1-2 yr, 2-3 and so on, instead of just <1 yr & >1yr

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