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 : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (13556)	8/6/2002 4:40:17 PM
From: MulhollandDrive	Read Replies (1) \| Respond to of 17639

the $3000 limit on capital loss hasn't been changed in over 20 years....congress has a real tough time justifying that... they can't play the "rich investor" card on this type of thing anymore. the "investor class" now represents something like 70% of the populace....thus it would be a populist position to take by increasing it. something like the zero corp. tax on new businesses formed would have a harder time, imo. for one thing, existing businesses would not get the same break....i think it's mostly window dressing anyway, since most new corporations don't have "income" the first several years.<g>