The six-figure club.

That's a better idea. I think we get a couple weeks to make catch up contributions

 

Landed at over $143k this year, reached my goal of $140k+. 2026 I want to aim even higher, and hopefully the freight market rebounds to help fuel my ambitions.

 

You don't need to convince me that there MIGHT not be a coherent or consistent economic philosophy out of the WH.

Out of curiosity, would carrying forward a single business loss for twenty years be "gaming the system" in your book of tax ethics?

 

Yes.

Even more so when that "loss" is more of a contrivance than reality. I can understand spreading out gains and loses over 5 years, any more than that is wrong.

I'd also argue that there should be a "forced realization" in regards to cap gains every 5 years - at least in regards to publicly traded companies. IE buy a share at $100, and 5 years later it's valued at $125, you owe long term cap gains on $25, and your new cost basis is $125. And any stock options being taxed as regular income and subject to fica on the full amount. But this isn't the thread for that discussion.