Hillary Clinton's Fix for Short-Termism? They Tried It in 1934

One thing she didn't mention: the last time the U.S. taxed capital gains roughly the way she wants to was during the depths of the Great Depression.

Clinton Takes Aim at ‘Quarterly Capitalism’ at NYU

Hillary Clinton didn't mention 1934 in her speech today about fighting short-termism, but she could have. The last time the U.S. taxed capital gains roughly the way she wants to was from 1934 to 1941, from the depths of the Great Depression to the eve of World War II.

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