The Panama Papers and kerfuffle about Trump make me worry that we will (again) legislate based on feelings like "losses are nonsense!"
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I do not look forward to "Carrying forward a loss, hmm? Trying to play the trump card, hmm? We've got Rules about that now."
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Not like the old rules, which were drafted by accountants; the new Rules will be drafted by what sounds best in a press release.
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FATCA, not FACTA (FACTA is something else), but yeah.
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