One curve ball in all this is that you get to deduct and offset capital losses a... | Hacker News

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		koolba on Oct 11, 2019 \| parent \| context \| favorite \| on: How to Tax Our Way Back to Justice One curve ball in all this is that you get to deduct and offset capital losses against other capital gains. That $100 that you lost betting on $LOSER gets to be offset against the $100 you made betting on $WINNER.

RhysU on Oct 12, 2019 [–]

Sure, you only came out ahead ($Winner - $Loser) and you're taxed on the gains. What's the curve ball?

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