Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Good-The Bad and The Ugly -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (4229)	11/22/2000 8:16:24 AM
From: BWAC	Read Replies (1) \| Respond to of 8686

<how much of our budget surplus has been from gains in the market? > All? The government sure hasn't cut spending any. But they have been enjoying the tax revenue from increased corporate profits and increased market enhanced individual tax payments.

To: Oral Roberts who wrote (4229)	11/22/2000 9:53:55 AM
From: Mike E.	Respond to of 8686

I wonder how much of our budget surplus has been from gains in the market? I wonder if there will be any this year? I know personally I will be able to more then offset any gains and without doubt get my full 3k of loss's against income. Same here, Jeff. I paid HUGE (relative, of course) capital gains taxes last year but this year I will have carry forwards that will last me a long time at $3k per year... I suspect they will have to start readjusting those budget surplus guesses back downward very soon. Mike