Bought More Facebook; Google Up; Taxing Capital Gains

Facebook (FB) hit a new all-time low of $19.69 yesterday (02012.08.16) before closing at $19.87. Speaking of FB... I added to our FB holdings this morning buying some FB shares at $20.00.

Google (GOOG) hit a new 52-week high of $674.64 yesterday (02012.08.16) before closing at $672.87.

Op-Ed from the New York Times: "Should We Stop Taxing Capital Gains?" My response: Yes and no. Set the tax rate to 0% for long-term (5 years? 10 years?) capital gains, but increase the tax rates as holding periods decrease.