Taxing investment is not increasing the cost of production, it is an attempt to gamble on the relative value of a company and skim the cream off of the company in the form of profits. This kind of tax reduces short term investments that increase the requirement for maximization of quarterly return on rate of investment.
Short term investment of this nature is actually anti-investment or descructive investment because it does not actually put resources in the hands of the company to increase or expand business but rather just makes a demand to pull resources out of the company.
By making micro investing or short term investing less profitable it encourages more stable growth and more rational corporate policy. The means by which one increases profitability massively or unsustainably usually takes the form of cutting service, price gouging, or massive cuts in "flexible" expenses such as labor.
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