Did I say mandatory? I meant optional! You’re “free” to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!
Did I say mandatory? I meant optional! You’re “free” to die in a cardboard box under a freeway as a market capitalist scarecrow warning to the other ants so they keep showing up to make us more!
OK. I’ll sell the stock, buy a home, then use the home equity to secure a loan to buy the stock.
That’s nothing. Late stage capitalist finance allows all sorts of ridiculous.
Ok but then you’ll pay taxes on that sale so there’s no problem.
That’s only for you humans. We corporations only pay if we net a profit. Also, if we loose money, we can carry it over to next year as a tax exemption. Good luck, ugly bags of mostly water.
Eh so… If you lose money you also can carry the tax rebate over to the next year in the US…
Yes. But, not humans. Only corporations.
The asymmetric trading rules in the US are far worse than this. And, rules enforcement for corporations is a joke.
Yes, humans as well.
https://www.investopedia.com/articles/personal-finance/100515/heres-how-deduct-your-stock-losses-your-tax-bill.asp
Same as companies, just a different maximum amount per year and what’s left can be applied to the next year and the next and the next…
Negligible.
Don’t hurt your back moving that goalpost
Corporations carryover an unlimited amount for up to three years preceding or ten years succeeding. Don’t hurt yourself slaving for an algorithm.