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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: T L Comiskey who wrote (12953)11/8/2000 3:06:50 PM
From: Uncle Frank  Read Replies (1) | Respond to of 65232
 
Oops. Sorry. That was insensitive of me.

uf



To: T L Comiskey who wrote (12953)11/8/2000 3:35:35 PM
From: djia101362  Respond to of 65232
 
TL, unless this market turns around dramatically before year end, I think many people will be burdened with capital losses that could out live them.

This is the biggest injustice in the tax law. Many have paid large taxes on stock gains in 1999 but will not be able to use more than $3000 in capital losses in 2000.