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Strategies & Market Trends : The Amateur Traders Corner

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To: Paul A who wrote (15629)	11/5/2001 8:58:01 AM
From: Nick JMH	Read Replies (1) of 19633

Paul: What you have stated in terms of carryover is correct, but I have one general question: Why are we not allowed to deduct full losses in the year they occurred, as we are required to pay taxes on all of our gains for that year? Seems unfair. With so many individuals suffering losses this year, they ought to look at increasing the 3k loss limit vs. reducing the capital gains tax. Nick

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