Wasserstein: What We’ve Learned From the Market Mess
Posted in Uncategorized on April 22nd, 2008 by Paul Deng – Be the first to commentBruce Wasserstein of Lazard discusses what caused today's chaos in financial market and how to fix it.
When inflation is rising, the effective capital gain tax also rises, which hurts investment and economy. Here is a piece from WSJ advocating inflation indexed capital gain tax.
