Speculative Gains TAX PENALTY ?

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Most everyone has heard of a Capital Gains TAX BREAK. The concept is simple. To encourage investment, the government will tax the profit at a lower rate for investments over a certain period of time. What's a Speculative Gains TAX PENALTY? It is sort of the opposite of the Capital Gains TAX BREAK. The concept is simple. To discourage speculation, the government will tax the profit at a higher rate for investments under a certain period of time. Now, while these 2 seem to be opposites, conceptually they are the same. Each merely involves varying the tax rate as a function of time. This being the case it would be very feasible to have one law that encompasses both. How would that work? Suppose we decided that an investment that was 'flipped' immediately should be taxed at 2 times the normal rate but that an investment held for 5 years or more should pay zero taxes. A simple mathematical equation called a linear equation will be used to figure the tax rate multiplier. In this case, the y intercept would be 2. The x intercept would be 5. That would result in the following equation for the tax rate multiplier for investments 5 years or shorter. Amount of tax multiplier = -(2/5) * (number years investment held) + 2 The above equation could be modified to accomadate any set of parmaters the legislature would want to make law. What do you think? Could the concept of the Capital Gains Tax Break be expanded to include the Speculative Gains Tax Penalty?