Truth Never Fails

Sunday, March 9, 2025

Tax burden comparing stocks (Portfolio) harvest with tax harvest

 Tax Harvest : 

Subtract the gain with loss isn't it? 


Only investing side short term and long term is needed in the tax side it's not needed


But they ask whether it's short term gain or long term gain

Actually it's not needed I think so


Just collect the gain tax it's enough


Why you worry it's short term or long term


I throw seeds I water it I protect it I remove weeds I give minerals for it..

Then I harvest it's short term


I plant and I wait for years to get fruits from a Tree I have protected it for years..

It's long term


It's my job and my plan and my protection and my gain


I diversified my yield in my land portfolio..


I also faced loss some plants didn't give yields natural disaster took away. 


Are you going to give compensation for it..?


No you left me alone


I sacrificed my days and years of hard work


Again I planted then I took the gain..


Now you came for tax for my yield 


You protect the land borders

Im ready to give


But don't ask my gain yield was short term or long term

It's none of your business


I work all day continuously 

For me it's all day work


For the short term I sell some Spinach grains,mangoes and coconuts 

One day I will cut down the tree and sell the whole tree

On other day I may sell my land

It's my business


Just get tax for gains don't ask which is short and long term gain..


I don't know


It's not possible to remember 


Law says short term gain will be subtracted only with short term loss


But long term loss can be did for both


Actually loss is a loss 


For one gain you have to pay tax for all

I got gain in groundnut but loss in paddy ,palm, sugarcane..

For one gain something 10-12% should be paid by subtracting the losses .


Govt side it's called tax Harvest


From our side it's a legal robbery



Ai answers for it :

(Say it short)


You're right, the core of tax-loss harvesting is offsetting gains with losses. Here's a simplified breakdown:

* Goal: Reduce your tax bill by using investment losses to cancel out gains.

* The "Short vs. Long" Issue:

* Tax laws differentiate between short-term (held less than a year) and long-term (held longer) gains/losses.

* This matters because they're taxed differently.

* The laws also restrict how these types of losses can offset the different types of gains.

* Your Perspective:

* You see your work as a continuous effort, regardless of the timeframe.

* You feel the distinction between short and long-term gains is arbitrary and burdensome.

* You feel that tax on gain should be levied after subtracting all losses.

* You feel that the government is taking advantage of your hard work.

* Government Perspective:

* The short/long-term distinction is designed to encourage long-term investment.

* Tax laws are designed to create revenue for the country.

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