Jul 24th, 2015

Hillary Clinton Seeks End to 'Quarterly Capitalism'

Hillary Clinton unveils a set of proposals aimed at encouraging companies and investors to favor long-term growth over "quarterly capitalism" in the second economic policy speech of her campaign, delivered at New York University’s Stern School of Business. Her proposals include an increase in capital gains taxes to encourage long-term investment, making it more expensive to sell stocks held for less than six years, and better policing of shareholder activism and stock buybacks. (Source: Bloomberg)