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To: H James Morris who wrote (120883)3/19/2001 9:44:52 PM
From: Glenn D. Rudolph  Respond to of 164684
 
And, yes I paid my taxes. Show me an American who doesn't pay their taxes, and I'll show you an American who might be in jail soon!


We need a tax overhaul. I still believe the $3K limit of capital losses taken against one's earned income is crazy. I fell that specifically because it hits me hard. I was just getting close to wiping out all those capital losses and then this "tiny" market sell-off came along. At $3K a year, will get that tax money back in about 125 years. I am almost 50 and am not expecting to live to 175.