Why is it that the (US) government can tax 100% of capital gains but you can only claim $3000 in losses annually? 217 viewsJanuary 2, 2024 Question100.55K September 30, 2022 0 Comments Why is it that the (US) government can tax 100% of capital gains but you can only claim $3000 in losses annually? In: 0 6 Answers ActiveNewestOldest Anonymous Posted September 30, 2022 0 Comments The govts goal is to make money on your income, not to be a nice guy when you lose money. You make money, the govt always gets their cut. Lose money? Sorry bud, better luck next time. The govt taxes all income. You are viewing 1 out of 6 answers, click here to view all answers. Register or Login
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