@Anonymous_ investors just need to understand that investing has its risks - and the IRS is not going to help the investor out as a 'fair share partner' when there are losses.
If there are net gains, yes, they will take their "fair share" of the net gain in the form of a tax, but when there is a loss (e.g. $3,000 annual limit on net losses, 'step down' at death, etc.), the IRS is not willing to be a 'fair share partner' in the same manner they are when there are net capital gains.
