To track some personally noteworthy events, observations and thoughts, letting them age and savor/regret them again a long time later.
Wednesday, December 21, 2011
10% Stamp Duty
Just read this WSJ article and shared it with a friend. In my email I said,
"I imagine the 10% stamp duty might not be tough enough to discourage the Chinese. Some Chinese could be looking at risking way more than 10% staying at home. They might lose everything. 10% tax looks very cheap."