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To: Just_Observing who wrote (81214)	3/15/2001 10:45:40 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 436258

just think if you made 1 million last year and pay this year 40% in taxes and you lose say all of your post tax gains this year and make no other gains like you said, next year you can only deduct 3000 but it gets worse if you never make any gains again, say in a very long bear market lasting many years over all that time at 3000 per year as you carry over the losses from year to year there is a limitation... at one point.... you can't take the loss anymore it just disappears thousands of people will just be finding that out, let alone the 3k rule itself isn't that amazing?