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Pastimes : Where the GIT's are going -- Ignore unavailable to you. Want to Upgrade?

To: KLP who wrote (126000)	12/1/2006 4:03:29 AM
From: Augustus Gloop	Read Replies (1) \| Respond to of 225578

I don't know when it started. But I have a few opinions on the topic. Now keep in mind I'm a mental wart but here is my personal opinion. I think both sides of the equation should be fully in. The IRS wouldn't allow you to stretch your tax gain payments over 137 years but they'll gladly stretch your tax loss schedule to that level. (now before anyone points out that there are different accounts set up specifically for trading - I know - now don't argue with me again <g>) The other benefit is the Government would be forced to be a lot more lean in their budgets because a year like 2000 & 2001 could result in major tax revenue being lost Basically if the economy sucks wind Washington loses tax revs I could live with that. But thats just me....I was also able to live with two bodies under my porch Nevermind