Quote Originally Posted by Bjauck View Post
Economic activity producing income is usually taxable. A shareholding providing equity in a business engaged in economic activity is a productive investment as without the equity the business would not function.
Which of course applies only to the original share or initial offering. After that it's just a matter of swapping a bunch of scrip for a bunch of money. The many millions of dollars which will be transacted today will not affect economic activity or productivity to any great degree.