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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 7 4:00 PM EST

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To: Casaubon who wrote (71402)	3/6/2001 4:35:45 PM
From: Les H	Read Replies (1) of 99985

why not just allow accelerated depreciation deductions for stocks? works for real estate. you get to deduct your losses before they occur and in addition to the costs of maintaining the property that can be deducted or depreciated. there are plenty of examples out there of double taxation of income and double tax deduction/exemption of expenses/income. one could easily disallow charitable contributions on the grounds that the recipients don't pay taxes on their income, on their properties, and on their purchases of goods and services. one could also disallow the mortgage interest deduction now that capital gains on primary residences are exempt from taxes. and so it goes.

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