Capital Losses

Decided to glance out the tax situation for myself and my parents this year, and would just like to say, the $3,000 capital loss limit per year is absolutely absurd. Perhaps for someone like me, I have many more years in my life to write off those $3,000 losses every year for maybe the next 30-40 years. But, for my parents who are certainly closing in on the years of retirement, tell me how in the world are they going to write off all those years of only $3,000 capital losses per year?

Here's a recent article on this issue. At the bottom are senators you can contact who are the main players on tax issues. Also, please write to your own senators.