this post was submitted on 01 Nov 2024
724 points (95.9% liked)

Work Reform

10023 readers
89 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 2 weeks ago

1% tax on all registered securities, payable in shares of those securities. First $10,000,000 owned by a natural person is exempted.

All securities collected in tax are resold by IRS liquidators in small lots over time, constituting no more than 1% of total traded volume of each security.