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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: 8bits who wrote (156910)	9/12/2011 9:24:06 PM
From: Bearcatbob	7 Recommendations Read Replies (2) of 206089

Let's see 8bits, If I have a bad year in the market and my losses are limited for tax purposes to $3000 (family). Also, individuals are subject to an Alternate Minimum Tax (I have no idea what the current limits are on this. What we have is a president who wants to limit deductions for some - but other deductions for his friends are not a problem. I am sure it was all legal for GE to not pay. However, we are talking about closing loopholes here and FAIRNESS. If GE can duck all of their taxes due to losses - why can't I? Why cannot others? Bob

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