Posted: Apr 28, 2005 By: Carole Huth

Subject: Tax Reform

Comment: Tax reform is badily needed. We need to increase the $3,000.00 limitation on capital losses (form 1040 line 13) to enable tax payers to deduct all (or a large portion) of their losses up to the amount of taxes paid each year and not just carry over losses from year to year. This will encourage investment in the stock market and make for a stronger economy and greater America. Additionally, it is the fair thing to do and is long overdue.
Thank you for your consideration in this matter.