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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Sam who wrote (156945)9/13/2011 2:07:30 PM
From: Bearcatbob1 Recommendation   of 206086
 
Sam, I can use capital loss carry forwards against capital gains. I cannot use those loses against other forms of income. Trust me - I know this game - I work hard to capital losses by switching from one company to another within and industry - say Exxon to Chevron (I tell my wife even that is unfair to those who cannot play with capital). If GE Capital lost money - then perhaps the loses should only go against gains in GE Capital.

The point of this is simple - all groups should be treated equally - not some targeted and some favored.

We are now talking about tax fairness - fairness issues should be applied consistently across the whole economic spectrum. I see little fairness in picking out demons and making them unfair.


I am unable to find a listing of the largest corporate tax payers. If anyone can find that I would appreciate the info. I suspect Exxon and Chevron would amongst the largest - but that is a guess.

Bob
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