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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: steve harris who wrote (69793)8/1/2009 9:36:13 AM
From: TideGlider2 Recommendations  Read Replies (2) of 224718
 
I think another interesting question is why the government takes Capital Gains taxes from you if you have a equity gain after selling, no matter how great or small. However, if you lose a lot you can only deduct 3,000 dollars per year as Capital losses. This hasn't been raised in many years and seems to be the most inequitable of treatment.

In many cases a person may never be able to claim the full loss in their lifetime. I know of several such people.
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