[quote=AN]With 28% rate, for a married couple making $230,450 or a single person making $189,300, there would be no point in keep stocks for a year for long term cap gain anymore. I wonder if this will drive up volume and volatility. At the very least those W2-er who participate in ESPP, there would be no reason to keep it for a year anymore.[/quote]
Some of us don’t keep the ESPP shares for that LT capital gains anyway, due to the inherent volatility of our employer 🙂