4 ms·

Well, yes but the parent is complaining about taxes on a net financial loss. This is really unjust and something difficult to support.

• deleted 9y ago
  [deleted]
• Godel_unicode 9y ago
  It sounds like it's being taxed like gambling rather than investing. You don't get to write off a massive loss at the casino, and if you have a net loss you still owe on the nights you came out ahead.
  • cookingrobot 9y ago
    In the US gambling losses are deductible, to the limit of your winnings, according to this. https://www.google.com/amp/s/turbotax.intuit.com/tax-tips/jobs-and-career/can-you-claim-gambling-losses-on-your-taxes/amp/L4lQ3IAWt https://www.google.com/amp/s/turbotax.intuit.com/tax-tips/jo...
    • rmah 9y ago
      But not in Finland. So at least their tax law has symmetry in this regard.