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Bluejeans

(140 posts)

7. Tax any gains at 110%

Reply to BumRushDaShow (Original post)

Sun Nov 23, 2025, 04:53 PM

Nov 23

For any Congressional investment outside mutual funds open to the public, tax any gains at 110% and no deduction for any losses.

That'll take the financial incentive out of elected officials playing the stock market using insider information.

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Highlight:

Congress is considering pre-disclosing their stock trades. Some see a distraction from the need for a ban. [View all] BumRushDaShow Nov 23 OP

"We're willing to tell you how much we're gaming the system!" mdbl Nov 23 #1

Why don't they start the Congressional Long-Short Hedge Fund? bucolic_frolic Nov 23 #2

They should be banned from stock trading buzzycrumbhunger Nov 23 #3

This, at a minimum. quakerboy Monday #11

It is and if it's accepted is open to abuse. I agree - blind trusts for Congress and the executive branch. marble falls Nov 23 #4

Blind trusts indeed. They can hire the best money managers in the world for their term in office. bucolic_frolic Nov 23 #5

That's everybody's goal. I have no problem with blind trusts. marble falls Nov 23 #6

Tax any gains at 110% Bluejeans Nov 23 #7

Simple choice - Nigrum Cattus Nov 23 #8

FFS that may only worsen the market manipulation lostnfound Nov 23 #9

There were absolute fortunes made popsdenver Monday #10

Nope. You want to be in Congress, you do no trading. travelingthrulife Monday #12