suppose i was a lying cheating scumbag. yeah, just suppose. and i want to run a pump and dump scam. buy low. pump. sell high. works great. except while i'm pumping i'm at risk of someone hijacking my scam. ie if you enter after i do. ride the pump. then dump before i do, i lose. well, lose in the sense that i didn't maximize my return. so. what i need is a way to lock you in for a period of time. i don't mind if i'm locked in too. because i got in first. and my time limit will expire before yours. i can always get out before you. i don't want to completely lock you out. you are a vital part of the scam. the time limit needs to be short. so you can continue the scam for at least another round. ie your incentive to plow in and help pump. so far so good. but now, let's super charge the scam. couple a tax break with the time limit. not only do i get maximum profits, but i also don't have to pay taxes on all that beautiful money. i can't really introduce a pump-and-dump-tax-cut. of course not. i promote it as something to spur investment in business. nobody could be against that. sheehs. it'd be unamerican. it'd be like being against puppies and rainbows, clear skies and clean water. anywho, my plan's all set. all it needs is a name: long term capital gains tax.