According to some analysts, whatever its merits, the proposal to tax away all capital gains on short-term investments would, if enacted, have a disastrous effect on Wall Street trading and employment.

Keep practicing — related questions

• Directions: Fill in the blank. This scheme is more likely to make investors _______________ than to reach f...
• Investors who acquire sudden wealth
• What, according to the writer, is the essential difference between capitalism and socialism? 1. Capitalism ...
• In ULIPs, the result of policy allocation charge would be that _______ amount would be allocated for invest...
• According to their position in the periodic table, which of the following elements would show the maximum m...
• Which of the following functions in C++ is used for performing short term calculation?
• A chemical compound, produced by living cells, circulates in the body fluids and produces a specific effect...
• The term given to rhythmic waves of contraction passing backwards over the gut wall resulting in the pushin...