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Strategies & Market Trends : Classic TA Workplace
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To: AllansAlias who wrote (50886)8/21/2002 1:48:31 PM
From: marc chatman  Read Replies (2) of 209892
 
<<Now there is talk of giving a tax break to folks with losing positions, something along the lines of those with capital losses can be written off at up to $20,000 a year vs the current $3,000>>

Wouldn't this be short-term bearish, as it could lead to some selling between now and year end to lock in those paper losses? If I were running for office this fall, I'd think twice about enacting this before the election.
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