Op-Ed in The Wall Street Journal – The Bernie Sanders Tax Attack on Stock Trades

Op-Ed in The Wall Street Journal – The Bernie Sanders Tax Attack on Stock Trades
Burton Malkiel, chief investment officer of Wealthfront and author of the iconic investment book “A Random Walk Down Wall Street,” writes that Senator Bernie Sanders plan to tax stock trades is a “very bad idea in which “all investors would be hurt.” He cites historical precedent to conclude that such a tax would not raise the revenue expected, negatively impact the broad economy and endanger “the pre-eminence of the U.S. capital markets.”