I don't think you understand how tax write offs work. A $1 million loss in investments does not equal a tax bill $1 million less. At most it only means only pay

I don't think you understand how tax write offs work. A $1 million loss in investments does not equal a tax bill $1 million less. At most it only means only paying $150k less in taxes (based on 15% capital gains tax). This only off sets other capital gain taxes.