Biden/warren's policies will crush the market.

Posted on: July 20, 2020 at 10:49:53 CT

short term cap gains goes to 40%. corp goes to 28%.

So, fewer dividends, taxed at twice the rate.

Short term's 50%, so why hold (take more risk) to pay 40%?

Not to mention, warren wants employees to have 40% of seats on the board of every corp over a billion in revenue. It's a socialist takeover she calls capitalism reform.

So, workers get 40% for providing nothing while shareholders get screwed. Forget about any profits being generated from those firms.

Total market collapse.