# Some thoughts on taxes

**URL:** <https://boards.straightdope.com/t/some-thoughts-on-taxes/735639>\
**Category:** Great Debates\
**Created:** [October 24, 2015, 4:48pm UTC](https://boards.straightdope.com/t/some-thoughts-on-taxes/735639 "2015-10-24T16:48:35Z")\
**Posts on this page:** 2\
**Page:** 4

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**Author:** ![DrDeth](https://avatars.discourse-cdn.com/v4/letter/d/b487fb/32.png) [@DrDeth](https://boards.straightdope.com/u/DrDeth)\
**Post date:** [November 4, 2015, 11:42pm UTC](https://boards.straightdope.com/t/some-thoughts-on-taxes/735639/61 "2015-11-04T23:42:47Z")

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> [@LinusK](#):
>
> From your first link:
> 
> The second:
> 
> The third is a question and answer. The answer is:
> 
> Anyway, that you can only claim $3000 of capital losses against ordinary income - and that you have to wait for year(s)(?) to recover the rest is what I was talking about.
> 
> Say you place a big bet on a start-up, and wind up losing a lot of money. What I’m trying to say is you should be able to deduct all the money you lost in the year you lose it, rather than paying taxes on money you don’t have, and waiting years to recover it.

From your post: “I_OW, if you have a capital loss, you should be able to off-set it indefinitely, until the loss is recouped."_ You said “off-set it indefinitely, until the loss is recouped” not 'deduct it all in one year”.

Dont try to change what you posted. You clearly did not understand the Tax Code.

This idea is also ridiculous, but I wont bother to explain why.

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**Author:** ![Ruken](https://avatars.discourse-cdn.com/v4/letter/r/f475e1/32.png) [@Ruken](https://boards.straightdope.com/u/Ruken)\
**Post date:** [November 5, 2015, 3:12am UTC](https://boards.straightdope.com/t/some-thoughts-on-taxes/735639/62 "2015-11-05T03:12:14Z")

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I wonder if we’ll hear about those deflators.

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