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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Les H who wrote (187916)8/14/2002 10:30:33 PM
From: MulhollandDrive  Read Replies (1) of 436258
 
>>One idea would increase the amount of losses individual investors can take as tax deductions to $20,000 from $3,000. The other would reduce the so-called double taxation of stock dividends, to encourage chief executives to pay more in dividends and worry less about their companies' share prices and quarterly earnings. <<

this is actually quite hopeful imo.

raising the tax deduction for capital losses would in fact for the short term prompt heavy selling so the investor could take the maximum loss.

bringing the major indexes down to reasonable levels could set the stage for the next bull market.

one can only hope.
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