id	sid	tid	token	lemma	pos
ftr-358	1	1	tcharity	tcharity	NOUN
ftr-358	1	2	really	really	ADV
ftr-358	1	3	does	do	AUX
ftr-358	1	4	begin	begin	VERB
ftr-358	1	5	at	at	ADP
ftr-358	1	6	home	home	NOUN
ftr-358	1	7	:	:	PUNCT
ftr-358	1	8	florida	florida	PROPN
ftr-358	1	9	tax	tax	PROPN
ftr-358	1	10	review	review	NOUN
ftr-358	1	11	volume	volume	NOUN
ftr-358	1	12	10	10	NUM
ftr-358	1	13	2010	2010	NUM
ftr-358	1	14	number	number	NOUN
ftr-358	1	15	5	5	NUM
ftr-358	1	16	375	375	NUM
ftr-358	1	17	the	the	DET
ftr-358	1	18	myth	myth	NOUN
ftr-358	1	19	of	of	ADP
ftr-358	1	20	realization	realization	NOUN
ftr-358	1	21	:	:	PUNCT
ftr-358	1	22	mark	mark	NOUN
ftr-358	1	23	-	-	PUNCT
ftr-358	1	24	to	to	ADP
ftr-358	1	25	-	-	PUNCT
ftr-358	1	26	market	market	NOUN
ftr-358	1	27	taxation	taxation	NOUN
ftr-358	1	28	of	of	ADP
ftr-358	1	29	publicly	publicly	ADV
ftr-358	1	30	-	-	PUNCT
ftr-358	1	31	traded	trade	VERB
ftr-358	1	32	securities	security	NOUN
ftr-358	1	33	by	by	ADP
ftr-358	1	34	david	david	PROPN
ftr-358	1	35	elkins	elkins	PROPN
ftr-358	1	36	*	*	PROPN
ftr-358	1	37	i.	i.	PROPN
ftr-358	1	38	introduction	introduction	NOUN
ftr-358	1	39	.............................................................................	.............................................................................	PUNCT
ftr-358	1	40	376	376	NUM
ftr-358	1	41	ii	ii	NOUN
ftr-358	1	42	.	.	PUNCT
ftr-358	2	1	realization	realization	NOUN
ftr-358	2	2	................................................................................	................................................................................	PUNCT
ftr-358	3	1	378	378	NUM
ftr-358	3	2	a.	a.	NOUN
ftr-358	3	3	liquidity	liquidity	NOUN
ftr-358	3	4	............................................................................	............................................................................	PUNCT
ftr-358	3	5	379	379	NUM
ftr-358	3	6	b.	b.	PROPN
ftr-358	3	7	validation	validation	NOUN
ftr-358	3	8	..........................................................................	..........................................................................	PUNCT
ftr-358	3	9	381	381	NUM
ftr-358	3	10	c.	c.	NOUN
ftr-358	3	11	the	the	DET
ftr-358	3	12	realization	realization	NOUN
ftr-358	3	13	principle	principle	NOUN
ftr-358	3	14	.................................................	.................................................	PUNCT
ftr-358	3	15	381	381	NUM
ftr-358	3	16	d.	d.	PROPN
ftr-358	3	17	publicly	publicly	ADV
ftr-358	3	18	-	-	PUNCT
ftr-358	3	19	traded	trade	VERB
ftr-358	3	20	securities	security	NOUN
ftr-358	3	21	................................................	................................................	PUNCT
ftr-358	3	22	383	383	NUM
ftr-358	3	23	iii	iii	NOUN
ftr-358	3	24	.	.	PUNCT
ftr-358	3	25	practical	practical	ADJ
ftr-358	3	26	advantages	advantage	NOUN
ftr-358	3	27	of	of	ADP
ftr-358	3	28	accrual	accrual	ADJ
ftr-358	3	29	taxation	taxation	NOUN
ftr-358	3	30	.................	.................	PUNCT
ftr-358	3	31	.384	.384	NUM
ftr-358	3	32	a.	a.	NOUN
ftr-358	3	33	economic	economic	ADJ
ftr-358	3	34	effects	effect	NOUN
ftr-358	3	35	of	of	ADP
ftr-358	3	36	deferring	defer	VERB
ftr-358	3	37	tax	tax	NOUN
ftr-358	3	38	until	until	ADP
ftr-358	3	39	realization	realization	NOUN
ftr-358	3	40	.......	.......	PUNCT
ftr-358	3	41	384	384	NUM
ftr-358	3	42	b.	b.	PROPN
ftr-358	3	43	tax	tax	NOUN
ftr-358	3	44	planning	planning	NOUN
ftr-358	3	45	under	under	ADP
ftr-358	3	46	a	a	DET
ftr-358	3	47	realization	realization	NOUN
ftr-358	3	48	regime	regime	NOUN
ftr-358	3	49	.......................	.......................	PUNCT
ftr-358	3	50	388	388	NUM
ftr-358	3	51	c.	c.	NOUN
ftr-358	3	52	deduction	deduction	NOUN
ftr-358	3	53	losses	loss	NOUN
ftr-358	3	54	..............................................................	..............................................................	PUNCT
ftr-358	3	55	396	396	NUM
ftr-358	3	56	iv	iv	NOUN
ftr-358	3	57	.	.	PUNCT
ftr-358	3	58	counterarguments	counterargument	NOUN
ftr-358	3	59	.................................................................	.................................................................	PUNCT
ftr-358	3	60	400	400	NUM
ftr-358	3	61	a.	a.	NOUN
ftr-358	3	62	possibility	possibility	NOUN
ftr-358	3	63	of	of	ADP
ftr-358	3	64	future	future	ADJ
ftr-358	3	65	depreciation	depreciation	NOUN
ftr-358	3	66	....................................	....................................	PUNCT
ftr-358	3	67	400	400	NUM
ftr-358	3	68	b.	b.	NOUN
ftr-358	3	69	psychology	psychology	NOUN
ftr-358	3	70	and	and	CCONJ
ftr-358	3	71	public	public	ADJ
ftr-358	3	72	opinion	opinion	NOUN
ftr-358	3	73	........................................	........................................	PUNCT
ftr-358	3	74	401	401	NUM
ftr-358	3	75	c.	c.	NOUN
ftr-358	3	76	taxing	tax	VERB
ftr-358	3	77	stock	stock	NOUN
ftr-358	3	78	market	market	NOUN
ftr-358	3	79	gain	gain	NOUN
ftr-358	3	80	differently	differently	ADV
ftr-358	3	81	than	than	ADP
ftr-358	3	82	gain	gain	VERB
ftr-358	3	83	from	from	ADP
ftr-358	3	84	other	other	ADJ
ftr-358	3	85	assets	asset	NOUN
ftr-358	3	86	............................................................	............................................................	PUNCT
ftr-358	3	87	401	401	NUM
ftr-358	3	88	d.	d.	NOUN
ftr-358	3	89	the	the	DET
ftr-358	3	90	possibility	possibility	NOUN
ftr-358	3	91	of	of	ADP
ftr-358	3	92	combining	combine	VERB
ftr-358	3	93	realization	realization	NOUN
ftr-358	3	94	with	with	ADP
ftr-358	3	95	an	an	DET
ftr-358	3	96	interest	interest	NOUN
ftr-358	3	97	charge	charge	NOUN
ftr-358	3	98	for	for	ADP
ftr-358	3	99	deferral	deferral	ADJ
ftr-358	3	100	.............................................	.............................................	PUNCT
ftr-358	3	101	405	405	NUM
ftr-358	3	102	v.	v.	ADP
ftr-358	3	103	conclusion	conclusion	NOUN
ftr-358	3	104	.................................................................................	.................................................................................	PUNCT
ftr-358	3	105	406	406	NUM
ftr-358	3	106	*	*	PUNCT
ftr-358	3	107	senior	senior	ADJ
ftr-358	3	108	lecturer	lecturer	NOUN
ftr-358	3	109	and	and	CCONJ
ftr-358	3	110	distinguished	distinguished	ADJ
ftr-358	3	111	teaching	teaching	NOUN
ftr-358	3	112	fellow	fellow	NOUN
ftr-358	3	113	,	,	PUNCT
ftr-358	3	114	netanya	netanya	PROPN
ftr-358	3	115	college	college	PROPN
ftr-358	3	116	school	school	PROPN
ftr-358	3	117	of	of	ADP
ftr-358	3	118	law	law	NOUN
ftr-358	3	119	,	,	PUNCT
ftr-358	3	120	israel	israel	PROPN
ftr-358	3	121	;	;	PUNCT
ftr-358	3	122	visiting	visit	VERB
ftr-358	3	123	professor	professor	NOUN
ftr-358	3	124	of	of	ADP
ftr-358	3	125	law	law	NOUN
ftr-358	3	126	,	,	PUNCT
ftr-358	3	127	smu	smu	PROPN
ftr-358	3	128	dedman	dedman	PROPN
ftr-358	3	129	school	school	NOUN
ftr-358	3	130	of	of	ADP
ftr-358	3	131	law	law	NOUN
ftr-358	3	132	;	;	PUNCT
ftr-358	3	133	ll.b	ll.b	ADJ
ftr-358	3	134	.	.	PUNCT
ftr-358	4	1	hebrew	hebrew	PROPN
ftr-358	4	2	university	university	PROPN
ftr-358	4	3	of	of	ADP
ftr-358	4	4	jerusalem	jerusalem	PROPN
ftr-358	4	5	1982	1982	NUM
ftr-358	4	6	,	,	PUNCT
ftr-358	4	7	ll.m	ll.m	NOUN
ftr-358	4	8	.	.	PUNCT
ftr-358	5	1	bar	bar	NOUN
ftr-358	5	2	-	-	PUNCT
ftr-358	5	3	ilan	ilan	PROPN
ftr-358	5	4	university	university	PROPN
ftr-358	5	5	1992	1992	NUM
ftr-358	5	6	,	,	PUNCT
ftr-358	5	7	ph.d	ph.d	PROPN
ftr-358	5	8	.	.	PUNCT
ftr-358	5	9	bar	bar	PROPN
ftr-358	5	10	-	-	PUNCT
ftr-358	5	11	ilan	ilan	PROPN
ftr-358	5	12	university	university	PROPN
ftr-358	5	13	1999	1999	NUM
ftr-358	5	14	.	.	PUNCT
ftr-358	6	1	i	i	PRON
ftr-358	6	2	would	would	AUX
ftr-358	6	3	like	like	VERB
ftr-358	6	4	to	to	PART
ftr-358	6	5	thank	thank	VERB
ftr-358	6	6	christopher	christopher	PROPN
ftr-358	6	7	hanna	hanna	PROPN
ftr-358	6	8	for	for	ADP
ftr-358	6	9	his	his	PRON
ftr-358	6	10	helpful	helpful	ADJ
ftr-358	6	11	comments	comment	NOUN
ftr-358	6	12	.	.	PUNCT
ftr-358	7	1	376	376	NUM
ftr-358	7	2	florida	florida	PROPN
ftr-358	7	3	tax	tax	PROPN
ftr-358	7	4	review	review	NOUN
ftr-358	7	5	[	[	X
ftr-358	7	6	vol	vol	NOUN
ftr-358	7	7	.	.	PUNCT
ftr-358	8	1	10:5	10:5	NUM
ftr-358	8	2	i.	i.	NOUN
ftr-358	8	3	introduction	introduction	NOUN
ftr-358	8	4	in	in	ADP
ftr-358	8	5	the	the	DET
ftr-358	8	6	greco	greco	NOUN
ftr-358	8	7	-	-	PUNCT
ftr-358	8	8	roman	roman	ADJ
ftr-358	8	9	world	world	NOUN
ftr-358	8	10	,	,	PUNCT
ftr-358	8	11	touching	touch	VERB
ftr-358	8	12	right	right	ADJ
ftr-358	8	13	hands	hand	NOUN
ftr-358	8	14	as	as	ADP
ftr-358	8	15	a	a	DET
ftr-358	8	16	greeting	greeting	NOUN
ftr-358	8	17	demonstrated	demonstrate	VERB
ftr-358	8	18	that	that	SCONJ
ftr-358	8	19	one	one	NUM
ftr-358	8	20	was	be	AUX
ftr-358	8	21	weaponless	weaponless	NOUN
ftr-358	8	22	and	and	CCONJ
ftr-358	8	23	contributed	contribute	VERB
ftr-358	8	24	to	to	ADP
ftr-358	8	25	a	a	DET
ftr-358	8	26	more	more	ADV
ftr-358	8	27	convivial	convivial	ADJ
ftr-358	8	28	atmosphere.1	atmosphere.1	CCONJ
ftr-358	8	29	in	in	ADP
ftr-358	8	30	medieval	medieval	PROPN
ftr-358	8	31	europe	europe	PROPN
ftr-358	8	32	,	,	PUNCT
ftr-358	8	33	warriors	warrior	NOUN
ftr-358	8	34	grasped	grasp	VERB
ftr-358	8	35	the	the	DET
ftr-358	8	36	right	right	ADJ
ftr-358	8	37	hand	hand	NOUN
ftr-358	8	38	of	of	ADP
ftr-358	8	39	their	their	PRON
ftr-358	8	40	adversaries	adversary	NOUN
ftr-358	8	41	during	during	ADP
ftr-358	8	42	a	a	DET
ftr-358	8	43	truce	truce	NOUN
ftr-358	8	44	as	as	ADP
ftr-358	8	45	a	a	DET
ftr-358	8	46	precaution	precaution	NOUN
ftr-358	8	47	against	against	ADP
ftr-358	8	48	treachery	treachery	NOUN
ftr-358	8	49	.	.	PUNCT
ftr-358	9	1	similarly	similarly	ADV
ftr-358	9	2	,	,	PUNCT
ftr-358	9	3	when	when	SCONJ
ftr-358	9	4	greeting	greet	VERB
ftr-358	9	5	a	a	DET
ftr-358	9	6	friend	friend	NOUN
ftr-358	9	7	,	,	PUNCT
ftr-358	9	8	a	a	DET
ftr-358	9	9	knight	knight	NOUN
ftr-358	9	10	would	would	AUX
ftr-358	9	11	extend	extend	VERB
ftr-358	9	12	an	an	DET
ftr-358	9	13	ungloved	ungloved	NOUN
ftr-358	9	14	right	right	ADJ
ftr-358	9	15	hand	hand	NOUN
ftr-358	9	16	as	as	ADP
ftr-358	9	17	a	a	DET
ftr-358	9	18	token	token	NOUN
ftr-358	9	19	of	of	ADP
ftr-358	9	20	confidence	confidence	NOUN
ftr-358	9	21	in	in	ADP
ftr-358	9	22	the	the	DET
ftr-358	9	23	peaceful	peaceful	ADJ
ftr-358	9	24	intentions	intention	NOUN
ftr-358	9	25	of	of	ADP
ftr-358	9	26	his	his	PRON
ftr-358	9	27	comrade.2	comrade.2	NOUN
ftr-358	9	28	a	a	DET
ftr-358	9	29	handshake	handshake	NOUN
ftr-358	9	30	is	be	AUX
ftr-358	9	31	still	still	ADV
ftr-358	9	32	the	the	DET
ftr-358	9	33	traditional	traditional	ADJ
ftr-358	9	34	form	form	NOUN
ftr-358	9	35	of	of	ADP
ftr-358	9	36	greeting	greeting	NOUN
ftr-358	9	37	.	.	PUNCT
ftr-358	10	1	it	it	PRON
ftr-358	10	2	continues	continue	VERB
ftr-358	10	3	to	to	PART
ftr-358	10	4	denote	denote	VERB
ftr-358	10	5	friendship	friendship	NOUN
ftr-358	10	6	,	,	PUNCT
ftr-358	10	7	or	or	CCONJ
ftr-358	10	8	at	at	ADP
ftr-358	10	9	the	the	DET
ftr-358	10	10	least	least	ADJ
ftr-358	10	11	a	a	DET
ftr-358	10	12	lack	lack	NOUN
ftr-358	10	13	of	of	ADP
ftr-358	10	14	hostile	hostile	ADJ
ftr-358	10	15	intent	intent	NOUN
ftr-358	10	16	,	,	PUNCT
ftr-358	10	17	even	even	ADV
ftr-358	10	18	though	though	SCONJ
ftr-358	10	19	the	the	DET
ftr-358	10	20	circumstances	circumstance	NOUN
ftr-358	10	21	in	in	ADP
ftr-358	10	22	which	which	PRON
ftr-358	10	23	it	it	PRON
ftr-358	10	24	arose	arise	VERB
ftr-358	10	25	may	may	AUX
ftr-358	10	26	no	no	ADV
ftr-358	10	27	longer	long	ADV
ftr-358	10	28	be	be	AUX
ftr-358	10	29	relevant	relevant	ADJ
ftr-358	10	30	.	.	PUNCT
ftr-358	11	1	like	like	ADP
ftr-358	11	2	the	the	DET
ftr-358	11	3	handshake	handshake	NOUN
ftr-358	11	4	,	,	PUNCT
ftr-358	11	5	legal	legal	ADJ
ftr-358	11	6	rules	rule	NOUN
ftr-358	11	7	and	and	CCONJ
ftr-358	11	8	concepts	concept	NOUN
ftr-358	11	9	ofttimes	ofttime	NOUN
ftr-358	11	10	survive	survive	VERB
ftr-358	11	11	the	the	DET
ftr-358	11	12	situations	situation	NOUN
ftr-358	11	13	that	that	PRON
ftr-358	11	14	fostered	foster	VERB
ftr-358	11	15	their	their	PRON
ftr-358	11	16	adoption	adoption	NOUN
ftr-358	11	17	.	.	PUNCT
ftr-358	12	1	originally	originally	ADV
ftr-358	12	2	developed	develop	VERB
ftr-358	12	3	as	as	ADP
ftr-358	12	4	means	mean	NOUN
ftr-358	12	5	to	to	PART
ftr-358	12	6	contend	contend	VERB
ftr-358	12	7	with	with	ADP
ftr-358	12	8	certain	certain	ADJ
ftr-358	12	9	conditions	condition	NOUN
ftr-358	12	10	,	,	PUNCT
ftr-358	12	11	they	they	PRON
ftr-358	12	12	can	can	AUX
ftr-358	12	13	acquire	acquire	VERB
ftr-358	12	14	a	a	DET
ftr-358	12	15	life	life	NOUN
ftr-358	12	16	of	of	ADP
ftr-358	12	17	their	their	PRON
ftr-358	12	18	own	own	ADJ
ftr-358	12	19	and	and	CCONJ
ftr-358	12	20	be	be	AUX
ftr-358	12	21	applied	apply	VERB
ftr-358	12	22	,	,	PUNCT
ftr-358	12	23	out	out	ADP
ftr-358	12	24	of	of	ADP
ftr-358	12	25	habit	habit	NOUN
ftr-358	12	26	or	or	CCONJ
ftr-358	12	27	inertia	inertia	NOUN
ftr-358	12	28	,	,	PUNCT
ftr-358	12	29	even	even	ADV
ftr-358	12	30	where	where	SCONJ
ftr-358	12	31	there	there	PRON
ftr-358	12	32	is	be	VERB
ftr-358	12	33	no	no	DET
ftr-358	12	34	justification	justification	NOUN
ftr-358	12	35	for	for	ADP
ftr-358	12	36	their	their	PRON
ftr-358	12	37	existence	existence	NOUN
ftr-358	12	38	.	.	PUNCT
ftr-358	13	1	however	however	ADV
ftr-358	13	2	,	,	PUNCT
ftr-358	13	3	unlike	unlike	ADP
ftr-358	13	4	the	the	DET
ftr-358	13	5	innocuous	innocuous	ADJ
ftr-358	13	6	handshake	handshake	NOUN
ftr-358	13	7	,	,	PUNCT
ftr-358	13	8	blindly	blindly	ADV
ftr-358	13	9	applying	apply	VERB
ftr-358	13	10	rules	rule	NOUN
ftr-358	13	11	and	and	CCONJ
ftr-358	13	12	concepts	concept	NOUN
ftr-358	13	13	in	in	ADP
ftr-358	13	14	situations	situation	NOUN
ftr-358	13	15	other	other	ADJ
ftr-358	13	16	than	than	ADP
ftr-358	13	17	those	those	PRON
ftr-358	13	18	with	with	ADP
ftr-358	13	19	which	which	PRON
ftr-358	13	20	they	they	PRON
ftr-358	13	21	were	be	AUX
ftr-358	13	22	developed	develop	VERB
ftr-358	13	23	to	to	PART
ftr-358	13	24	contend	contend	VERB
ftr-358	13	25	can	can	AUX
ftr-358	13	26	be	be	AUX
ftr-358	13	27	counterproductive	counterproductive	ADJ
ftr-358	13	28	.	.	PUNCT
ftr-358	14	1	in	in	ADP
ftr-358	14	2	the	the	DET
ftr-358	14	3	field	field	NOUN
ftr-358	14	4	of	of	ADP
ftr-358	14	5	income	income	NOUN
ftr-358	14	6	tax	tax	NOUN
ftr-358	14	7	,	,	PUNCT
ftr-358	14	8	one	one	NUM
ftr-358	14	9	of	of	ADP
ftr-358	14	10	those	those	DET
ftr-358	14	11	rules	rule	NOUN
ftr-358	14	12	and	and	CCONJ
ftr-358	14	13	concepts	concept	NOUN
ftr-358	14	14	is	be	AUX
ftr-358	14	15	the	the	DET
ftr-358	14	16	doctrine	doctrine	NOUN
ftr-358	14	17	of	of	ADP
ftr-358	14	18	realization	realization	NOUN
ftr-358	14	19	.	.	PUNCT
ftr-358	15	1	although	although	SCONJ
ftr-358	15	2	a	a	DET
ftr-358	15	3	serious	serious	ADJ
ftr-358	15	4	deviation	deviation	NOUN
ftr-358	15	5	from	from	ADP
ftr-358	15	6	the	the	DET
ftr-358	15	7	pure	pure	ADJ
ftr-358	15	8	concept	concept	NOUN
ftr-358	15	9	of	of	ADP
ftr-358	15	10	income	income	NOUN
ftr-358	15	11	,	,	PUNCT
ftr-358	15	12	it	it	PRON
ftr-358	15	13	was	be	AUX
ftr-358	15	14	adopted	adopt	VERB
ftr-358	15	15	nonetheless	nonetheless	ADV
ftr-358	15	16	as	as	ADP
ftr-358	15	17	a	a	DET
ftr-358	15	18	means	means	NOUN
ftr-358	15	19	of	of	ADP
ftr-358	15	20	contending	contend	VERB
ftr-358	15	21	with	with	ADP
ftr-358	15	22	practical	practical	ADJ
ftr-358	15	23	difficulties	difficulty	NOUN
ftr-358	15	24	inherent	inherent	ADJ
ftr-358	15	25	in	in	ADP
ftr-358	15	26	taxing	tax	VERB
ftr-358	15	27	appreciation	appreciation	NOUN
ftr-358	15	28	of	of	ADP
ftr-358	15	29	assets	asset	NOUN
ftr-358	15	30	held	hold	VERB
ftr-358	15	31	by	by	ADP
ftr-358	15	32	the	the	DET
ftr-358	15	33	taxpayer	taxpayer	NOUN
ftr-358	15	34	.	.	PUNCT
ftr-358	16	1	however	however	ADV
ftr-358	16	2	,	,	PUNCT
ftr-358	16	3	the	the	DET
ftr-358	16	4	doctrine	doctrine	NOUN
ftr-358	16	5	of	of	ADP
ftr-358	16	6	realization	realization	NOUN
ftr-358	16	7	continues	continue	VERB
ftr-358	16	8	to	to	PART
ftr-358	16	9	be	be	AUX
ftr-358	16	10	applied	apply	VERB
ftr-358	16	11	even	even	ADV
ftr-358	16	12	in	in	ADP
ftr-358	16	13	situations	situation	NOUN
ftr-358	16	14	in	in	ADP
ftr-358	16	15	which	which	PRON
ftr-358	16	16	there	there	PRON
ftr-358	16	17	is	be	VERB
ftr-358	16	18	no	no	DET
ftr-358	16	19	practical	practical	ADJ
ftr-358	16	20	impediment	impediment	NOUN
ftr-358	16	21	to	to	ADP
ftr-358	16	22	imposing	impose	VERB
ftr-358	16	23	tax	tax	NOUN
ftr-358	16	24	on	on	ADP
ftr-358	16	25	appreciation	appreciation	NOUN
ftr-358	16	26	as	as	SCONJ
ftr-358	16	27	it	it	PRON
ftr-358	16	28	accrues	accrue	VERB
ftr-358	16	29	.	.	PUNCT
ftr-358	17	1	for	for	ADP
ftr-358	17	2	example	example	NOUN
ftr-358	17	3	,	,	PUNCT
ftr-358	17	4	gain	gain	NOUN
ftr-358	17	5	from	from	ADP
ftr-358	17	6	appreciation	appreciation	NOUN
ftr-358	17	7	of	of	ADP
ftr-358	17	8	publiclytraded	publiclytrade	VERB
ftr-358	17	9	securities	security	NOUN
ftr-358	17	10	could	could	AUX
ftr-358	17	11	easily	easily	ADV
ftr-358	17	12	be	be	AUX
ftr-358	17	13	taxed	tax	VERB
ftr-358	17	14	as	as	SCONJ
ftr-358	17	15	those	those	DET
ftr-358	17	16	securities	security	NOUN
ftr-358	17	17	appreciate	appreciate	VERB
ftr-358	17	18	in	in	ADP
ftr-358	17	19	value	value	NOUN
ftr-358	17	20	.	.	PUNCT
ftr-358	18	1	however	however	ADV
ftr-358	18	2	,	,	PUNCT
ftr-358	18	3	so	so	ADV
ftr-358	18	4	strong	strong	ADJ
ftr-358	18	5	a	a	DET
ftr-358	18	6	grip	grip	NOUN
ftr-358	18	7	does	do	AUX
ftr-358	18	8	the	the	DET
ftr-358	18	9	doctrine	doctrine	NOUN
ftr-358	18	10	of	of	ADP
ftr-358	18	11	realization	realization	NOUN
ftr-358	18	12	have	have	VERB
ftr-358	18	13	on	on	ADP
ftr-358	18	14	the	the	DET
ftr-358	18	15	minds	mind	NOUN
ftr-358	18	16	of	of	ADP
ftr-358	18	17	both	both	DET
ftr-358	18	18	policymakers	policymaker	NOUN
ftr-358	18	19	and	and	CCONJ
ftr-358	18	20	the	the	DET
ftr-358	18	21	public	public	NOUN
ftr-358	18	22	that	that	PRON
ftr-358	18	23	the	the	DET
ftr-358	18	24	tax	tax	NOUN
ftr-358	18	25	system	system	NOUN
ftr-358	18	26	tenaciously	tenaciously	ADV
ftr-358	18	27	applies	apply	VERB
ftr-358	18	28	the	the	DET
ftr-358	18	29	realization	realization	NOUN
ftr-358	18	30	doctrine	doctrine	NOUN
ftr-358	18	31	to	to	PART
ftr-358	18	32	gain	gain	VERB
ftr-358	18	33	from	from	ADP
ftr-358	18	34	publicly	publicly	ADV
ftr-358	18	35	-	-	PUNCT
ftr-358	18	36	held	hold	VERB
ftr-358	18	37	securities.3	securities.3	PROPN
ftr-358	18	38	the	the	DET
ftr-358	18	39	thesis	thesis	NOUN
ftr-358	18	40	of	of	ADP
ftr-358	18	41	1	1	NUM
ftr-358	18	42	.	.	PUNCT
ftr-358	19	1	it	it	PRON
ftr-358	19	2	has	have	AUX
ftr-358	19	3	been	be	AUX
ftr-358	19	4	noted	note	VERB
ftr-358	19	5	that	that	SCONJ
ftr-358	19	6	the	the	DET
ftr-358	19	7	right	right	ADJ
ftr-358	19	8	-	-	PUNCT
ftr-358	19	9	hand	hand	NOUN
ftr-358	19	10	touch	touch	NOUN
ftr-358	19	11	was	be	AUX
ftr-358	19	12	promoted	promote	VERB
ftr-358	19	13	by	by	ADP
ftr-358	19	14	none	none	NOUN
ftr-358	19	15	other	other	ADJ
ftr-358	19	16	than	than	ADP
ftr-358	19	17	julius	julius	PROPN
ftr-358	19	18	caesar	caesar	PROPN
ftr-358	19	19	.	.	PUNCT
ftr-358	20	1	being	be	AUX
ftr-358	20	2	left	leave	VERB
ftr-358	20	3	-	-	PUNCT
ftr-358	20	4	handed	handed	ADJ
ftr-358	20	5	,	,	PUNCT
ftr-358	20	6	caesar	caesar	PROPN
ftr-358	20	7	could	could	AUX
ftr-358	20	8	thus	thus	ADV
ftr-358	20	9	obtain	obtain	VERB
ftr-358	20	10	an	an	DET
ftr-358	20	11	advantage	advantage	NOUN
ftr-358	20	12	by	by	ADP
ftr-358	20	13	concealing	conceal	VERB
ftr-358	20	14	a	a	DET
ftr-358	20	15	weapon	weapon	NOUN
ftr-358	20	16	in	in	ADP
ftr-358	20	17	his	his	PRON
ftr-358	20	18	dominant	dominant	ADJ
ftr-358	20	19	hand	hand	NOUN
ftr-358	20	20	.	.	PUNCT
ftr-358	21	1	melissa	melissa	PROPN
ftr-358	21	2	roth	roth	PROPN
ftr-358	21	3	,	,	PUNCT
ftr-358	21	4	the	the	DET
ftr-358	21	5	left	left	ADJ
ftr-358	21	6	stuff	stuff	NOUN
ftr-358	21	7	:	:	PUNCT
ftr-358	21	8	how	how	SCONJ
ftr-358	21	9	the	the	DET
ftr-358	21	10	left	left	ADV
ftr-358	21	11	-	-	PUNCT
ftr-358	21	12	handed	handed	NOUN
ftr-358	21	13	have	have	AUX
ftr-358	21	14	survived	survive	VERB
ftr-358	21	15	and	and	CCONJ
ftr-358	21	16	thrived	thrive	VERB
ftr-358	21	17	in	in	ADP
ftr-358	21	18	a	a	DET
ftr-358	21	19	right	right	ADV
ftr-358	21	20	-	-	PUNCT
ftr-358	21	21	handed	handed	ADJ
ftr-358	21	22	world	world	NOUN
ftr-358	21	23	28	28	NUM
ftr-358	21	24	(	(	PUNCT
ftr-358	21	25	2005	2005	NUM
ftr-358	21	26	)	)	PUNCT
ftr-358	21	27	.	.	PUNCT
ftr-358	22	1	2	2	X
ftr-358	22	2	.	.	X
ftr-358	22	3	leopold	leopold	PROPN
ftr-358	22	4	wagner	wagner	PROPN
ftr-358	22	5	,	,	PUNCT
ftr-358	22	6	manners	manner	NOUN
ftr-358	22	7	,	,	PUNCT
ftr-358	22	8	customs	custom	NOUN
ftr-358	22	9	,	,	PUNCT
ftr-358	22	10	and	and	CCONJ
ftr-358	22	11	observances	observance	NOUN
ftr-358	22	12	:	:	PUNCT
ftr-358	22	13	their	their	PRON
ftr-358	22	14	origin	origin	NOUN
ftr-358	22	15	and	and	CCONJ
ftr-358	22	16	significance	significance	NOUN
ftr-358	22	17	102	102	NUM
ftr-358	22	18	(	(	PUNCT
ftr-358	22	19	1995	1995	NUM
ftr-358	22	20	)	)	PUNCT
ftr-358	22	21	.	.	PUNCT
ftr-358	23	1	in	in	ADP
ftr-358	23	2	the	the	DET
ftr-358	23	3	orient	orient	NOUN
ftr-358	23	4	,	,	PUNCT
ftr-358	23	5	the	the	DET
ftr-358	23	6	traditional	traditional	ADJ
ftr-358	23	7	greeting	greeting	NOUN
ftr-358	23	8	is	be	AUX
ftr-358	23	9	a	a	DET
ftr-358	23	10	bow	bow	NOUN
ftr-358	23	11	,	,	PUNCT
ftr-358	23	12	not	not	PART
ftr-358	23	13	the	the	DET
ftr-358	23	14	shaking	shaking	NOUN
ftr-358	23	15	of	of	ADP
ftr-358	23	16	hands	hand	NOUN
ftr-358	23	17	.	.	PUNCT
ftr-358	24	1	it	it	PRON
ftr-358	24	2	is	be	AUX
ftr-358	24	3	interesting	interesting	ADJ
ftr-358	24	4	to	to	PART
ftr-358	24	5	speculate	speculate	VERB
ftr-358	24	6	that	that	SCONJ
ftr-358	24	7	perhaps	perhaps	ADV
ftr-358	24	8	,	,	PUNCT
ftr-358	24	9	where	where	SCONJ
ftr-358	24	10	unarmed	unarmed	ADJ
ftr-358	24	11	martial	martial	ADJ
ftr-358	24	12	arts	art	NOUN
ftr-358	24	13	were	be	AUX
ftr-358	24	14	commonly	commonly	ADV
ftr-358	24	15	practiced	practice	VERB
ftr-358	24	16	,	,	PUNCT
ftr-358	24	17	extending	extend	VERB
ftr-358	24	18	one	one	NUM
ftr-358	24	19	’s	’s	PART
ftr-358	24	20	right	right	ADJ
ftr-358	24	21	hand	hand	NOUN
ftr-358	24	22	was	be	AUX
ftr-358	24	23	not	not	PART
ftr-358	24	24	considered	consider	VERB
ftr-358	24	25	a	a	DET
ftr-358	24	26	friendly	friendly	ADJ
ftr-358	24	27	gesture	gesture	NOUN
ftr-358	24	28	.	.	PUNCT
ftr-358	25	1	instead	instead	ADV
ftr-358	25	2	,	,	PUNCT
ftr-358	25	3	one	one	NUM
ftr-358	25	4	bowed	bow	VERB
ftr-358	25	5	from	from	ADP
ftr-358	25	6	a	a	DET
ftr-358	25	7	safe	safe	ADJ
ftr-358	25	8	distance	distance	NOUN
ftr-358	25	9	.	.	PUNCT
ftr-358	26	1	3	3	X
ftr-358	26	2	.	.	X
ftr-358	26	3	as	as	SCONJ
ftr-358	26	4	noted	note	VERB
ftr-358	26	5	by	by	ADP
ftr-358	26	6	francis	francis	PROPN
ftr-358	26	7	bacon	bacon	PROPN
ftr-358	26	8	:	:	PUNCT
ftr-358	26	9	“	"	PUNCT
ftr-358	26	10	people	people	NOUN
ftr-358	26	11	usually	usually	ADV
ftr-358	26	12	think	think	VERB
ftr-358	26	13	according	accord	VERB
ftr-358	26	14	to	to	ADP
ftr-358	26	15	their	their	PRON
ftr-358	26	16	inclinations	inclination	NOUN
ftr-358	26	17	,	,	PUNCT
ftr-358	26	18	speak	speak	VERB
ftr-358	26	19	according	accord	VERB
ftr-358	26	20	to	to	ADP
ftr-358	26	21	their	their	PRON
ftr-358	26	22	learning	learning	NOUN
ftr-358	26	23	and	and	CCONJ
ftr-358	26	24	ingrained	ingrained	ADJ
ftr-358	26	25	opinions	opinion	NOUN
ftr-358	26	26	,	,	PUNCT
ftr-358	26	27	but	but	CCONJ
ftr-358	26	28	generally	generally	ADV
ftr-358	26	29	act	act	VERB
ftr-358	26	30	according	accord	VERB
ftr-358	26	31	to	to	ADP
ftr-358	26	32	custom	custom	NOUN
ftr-358	26	33	.	.	PUNCT
ftr-358	26	34	”	"	PUNCT
ftr-358	27	1	quoted	quote	VERB
ftr-358	27	2	in	in	ADP
ftr-358	27	3	jean	jean	PROPN
ftr-358	27	4	-	-	PUNCT
ftr-358	27	5	françois	françois	PROPN
ftr-358	27	6	quéguiner	quéguiner	PROPN
ftr-358	27	7	,	,	PUNCT
ftr-358	27	8	the	the	DET
ftr-358	27	9	principle	principle	NOUN
ftr-358	27	10	of	of	ADP
ftr-358	27	11	distinction	distinction	NOUN
ftr-358	27	12	:	:	PUNCT
ftr-358	27	13	beyond	beyond	ADP
ftr-358	27	14	an	an	DET
ftr-358	27	15	obligation	obligation	NOUN
ftr-358	27	16	of	of	ADP
ftr-358	27	17	customary	customary	ADJ
ftr-358	27	18	international	international	ADJ
ftr-358	27	19	humanitarian	humanitarian	ADJ
ftr-358	27	20	law	law	NOUN
ftr-358	27	21	,	,	PUNCT
ftr-358	27	22	in	in	ADP
ftr-358	27	23	2010	2010	NUM
ftr-358	27	24	]	]	PUNCT
ftr-358	27	25	the	the	DET
ftr-358	27	26	myth	myth	NOUN
ftr-358	27	27	of	of	ADP
ftr-358	27	28	realization	realization	NOUN
ftr-358	27	29	:	:	PUNCT
ftr-358	27	30	mark	mark	NOUN
ftr-358	27	31	-	-	PUNCT
ftr-358	27	32	to	to	ADP
ftr-358	27	33	-	-	PUNCT
ftr-358	27	34	market	market	NOUN
ftr-358	27	35	taxation	taxation	NOUN
ftr-358	27	36	377	377	NUM
ftr-358	27	37	this	this	DET
ftr-358	27	38	essay	essay	NOUN
ftr-358	27	39	is	be	AUX
ftr-358	27	40	that	that	SCONJ
ftr-358	27	41	,	,	PUNCT
ftr-358	27	42	for	for	ADP
ftr-358	27	43	purposes	purpose	NOUN
ftr-358	27	44	of	of	ADP
ftr-358	27	45	income	income	NOUN
ftr-358	27	46	tax	tax	NOUN
ftr-358	27	47	,	,	PUNCT
ftr-358	27	48	publicly	publicly	ADV
ftr-358	27	49	-	-	PUNCT
ftr-358	27	50	traded	trade	VERB
ftr-358	27	51	securities	security	NOUN
ftr-358	27	52	should	should	AUX
ftr-358	27	53	be	be	AUX
ftr-358	27	54	marked	mark	VERB
ftr-358	27	55	to	to	ADP
ftr-358	27	56	market	market	NOUN
ftr-358	27	57	,	,	PUNCT
ftr-358	27	58	with	with	ADP
ftr-358	27	59	gain	gain	NOUN
ftr-358	27	60	or	or	CCONJ
ftr-358	27	61	loss	loss	NOUN
ftr-358	27	62	recognized	recognize	VERB
ftr-358	27	63	as	as	SCONJ
ftr-358	27	64	it	it	PRON
ftr-358	27	65	accrues	accrue	VERB
ftr-358	27	66	and	and	CCONJ
ftr-358	27	67	not	not	PART
ftr-358	27	68	deferred	defer	VERB
ftr-358	27	69	until	until	ADP
ftr-358	27	70	realization.4	realization.4	NOUN
ftr-358	27	71	this	this	DET
ftr-358	27	72	thesis	thesis	NOUN
ftr-358	27	73	is	be	AUX
ftr-358	27	74	based	base	VERB
ftr-358	27	75	on	on	ADP
ftr-358	27	76	a	a	DET
ftr-358	27	77	theoretical	theoretical	ADJ
ftr-358	27	78	analysis	analysis	NOUN
ftr-358	27	79	of	of	ADP
ftr-358	27	80	the	the	DET
ftr-358	27	81	realization	realization	NOUN
ftr-358	27	82	doctrine	doctrine	NOUN
ftr-358	27	83	and	and	CCONJ
ftr-358	27	84	on	on	ADP
ftr-358	27	85	the	the	DET
ftr-358	27	86	practical	practical	ADJ
ftr-358	27	87	advantages	advantage	NOUN
ftr-358	27	88	of	of	ADP
ftr-358	27	89	taxing	tax	VERB
ftr-358	27	90	gain	gain	NOUN
ftr-358	27	91	from	from	ADP
ftr-358	27	92	publicly	publicly	ADV
ftr-358	27	93	-	-	PUNCT
ftr-358	27	94	traded	trade	VERB
ftr-358	27	95	securities	security	NOUN
ftr-358	27	96	as	as	SCONJ
ftr-358	27	97	they	they	PRON
ftr-358	27	98	accrue	accrue	VERB
ftr-358	27	99	.	.	PUNCT
ftr-358	28	1	part	part	NOUN
ftr-358	28	2	ii	ii	PROPN
ftr-358	28	3	will	will	AUX
ftr-358	28	4	examine	examine	VERB
ftr-358	28	5	the	the	DET
ftr-358	28	6	realization	realization	NOUN
ftr-358	28	7	doctrine	doctrine	NOUN
ftr-358	28	8	from	from	ADP
ftr-358	28	9	a	a	DET
ftr-358	28	10	theoretical	theoretical	ADJ
ftr-358	28	11	perspective	perspective	NOUN
ftr-358	28	12	as	as	ADP
ftr-358	28	13	a	a	DET
ftr-358	28	14	deviation	deviation	NOUN
ftr-358	28	15	from	from	ADP
ftr-358	28	16	the	the	DET
ftr-358	28	17	accepted	accepted	ADJ
ftr-358	28	18	definition	definition	NOUN
ftr-358	28	19	of	of	ADP
ftr-358	28	20	income	income	NOUN
ftr-358	28	21	.	.	PUNCT
ftr-358	29	1	its	its	PRON
ftr-358	29	2	adoption	adoption	NOUN
ftr-358	29	3	is	be	AUX
ftr-358	29	4	required	require	VERB
ftr-358	29	5	when	when	SCONJ
ftr-358	29	6	it	it	PRON
ftr-358	29	7	is	be	AUX
ftr-358	29	8	impractical	impractical	ADJ
ftr-358	29	9	to	to	ADP
ftr-358	29	10	tax	tax	NOUN
ftr-358	29	11	gain	gain	NOUN
ftr-358	29	12	as	as	ADP
ftr-358	29	13	it	it	PRON
ftr-358	29	14	accrues.5	accrues.5	CCONJ
ftr-358	29	15	however	however	ADV
ftr-358	29	16	,	,	PUNCT
ftr-358	29	17	when	when	SCONJ
ftr-358	29	18	circumstances	circumstance	NOUN
ftr-358	29	19	allow	allow	VERB
ftr-358	29	20	the	the	DET
ftr-358	29	21	application	application	NOUN
ftr-358	29	22	of	of	ADP
ftr-358	29	23	fundamental	fundamental	ADJ
ftr-358	29	24	principles	principle	NOUN
ftr-358	29	25	there	there	PRON
ftr-358	29	26	is	be	VERB
ftr-358	29	27	no	no	DET
ftr-358	29	28	justification	justification	NOUN
ftr-358	29	29	to	to	PART
ftr-358	29	30	defer	defer	VERB
ftr-358	29	31	accounting	account	VERB
ftr-358	29	32	for	for	ADP
ftr-358	29	33	the	the	DET
ftr-358	29	34	gain	gain	NOUN
ftr-358	29	35	just	just	ADV
ftr-358	29	36	because	because	SCONJ
ftr-358	29	37	the	the	DET
ftr-358	29	38	taxpayer	taxpayer	NOUN
ftr-358	29	39	has	have	AUX
ftr-358	29	40	chosen	choose	VERB
ftr-358	29	41	to	to	PART
ftr-358	29	42	continue	continue	VERB
ftr-358	29	43	holding	hold	VERB
ftr-358	29	44	the	the	DET
ftr-358	29	45	asset	asset	NOUN
ftr-358	29	46	.	.	PUNCT
ftr-358	30	1	part	part	NOUN
ftr-358	30	2	iii	iii	PRON
ftr-358	30	3	will	will	AUX
ftr-358	30	4	explore	explore	VERB
ftr-358	30	5	the	the	DET
ftr-358	30	6	practical	practical	ADJ
ftr-358	30	7	advantages	advantage	NOUN
ftr-358	30	8	of	of	ADP
ftr-358	30	9	imposing	impose	VERB
ftr-358	30	10	tax	tax	NOUN
ftr-358	30	11	on	on	ADP
ftr-358	30	12	gain	gain	NOUN
ftr-358	30	13	from	from	ADP
ftr-358	30	14	publicly	publicly	ADV
ftr-358	30	15	-	-	PUNCT
ftr-358	30	16	traded	trade	VERB
ftr-358	30	17	securities	security	NOUN
ftr-358	30	18	on	on	ADP
ftr-358	30	19	an	an	DET
ftr-358	30	20	accrual	accrual	ADJ
ftr-358	30	21	basis	basis	NOUN
ftr-358	30	22	.	.	PUNCT
ftr-358	31	1	part	part	NOUN
ftr-358	31	2	iii.a	iii.a	PROPN
ftr-358	31	3	.	.	PUNCT
ftr-358	32	1	discusses	discuss	VERB
ftr-358	32	2	the	the	DET
ftr-358	32	3	economic	economic	ADJ
ftr-358	32	4	effects	effect	NOUN
ftr-358	32	5	of	of	ADP
ftr-358	32	6	the	the	DET
ftr-358	32	7	alternate	alternate	ADJ
ftr-358	32	8	tax	tax	NOUN
ftr-358	32	9	regimes	regime	NOUN
ftr-358	32	10	.	.	PUNCT
ftr-358	33	1	it	it	PRON
ftr-358	33	2	will	will	AUX
ftr-358	33	3	explain	explain	VERB
ftr-358	33	4	how	how	SCONJ
ftr-358	33	5	deferring	defer	VERB
ftr-358	33	6	tax	tax	NOUN
ftr-358	33	7	until	until	ADP
ftr-358	33	8	realization	realization	NOUN
ftr-358	33	9	can	can	AUX
ftr-358	33	10	cause	cause	VERB
ftr-358	33	11	economic	economic	ADJ
ftr-358	33	12	resources	resource	NOUN
ftr-358	33	13	to	to	PART
ftr-358	33	14	be	be	AUX
ftr-358	33	15	diverted	divert	VERB
ftr-358	33	16	from	from	ADP
ftr-358	33	17	their	their	PRON
ftr-358	33	18	most	most	ADV
ftr-358	33	19	efficient	efficient	ADJ
ftr-358	33	20	uses	use	NOUN
ftr-358	33	21	and	and	CCONJ
ftr-358	33	22	can	can	AUX
ftr-358	33	23	contribute	contribute	VERB
ftr-358	33	24	to	to	ADP
ftr-358	33	25	the	the	DET
ftr-358	33	26	volatility	volatility	NOUN
ftr-358	33	27	of	of	ADP
ftr-358	33	28	the	the	DET
ftr-358	33	29	stock	stock	NOUN
ftr-358	33	30	market	market	NOUN
ftr-358	33	31	.	.	PUNCT
ftr-358	34	1	on	on	ADP
ftr-358	34	2	the	the	DET
ftr-358	34	3	other	other	ADJ
ftr-358	34	4	hand	hand	NOUN
ftr-358	34	5	,	,	PUNCT
ftr-358	34	6	mark	mark	NOUN
ftr-358	34	7	-	-	PUNCT
ftr-358	34	8	to	to	ADP
ftr-358	34	9	-	-	PUNCT
ftr-358	34	10	market	market	NOUN
ftr-358	34	11	taxation	taxation	NOUN
ftr-358	34	12	interferes	interfere	VERB
ftr-358	34	13	to	to	ADP
ftr-358	34	14	a	a	DET
ftr-358	34	15	lesser	less	ADJ
ftr-358	34	16	extent	extent	NOUN
ftr-358	34	17	with	with	ADP
ftr-358	34	18	the	the	DET
ftr-358	34	19	free	free	ADJ
ftr-358	34	20	flow	flow	NOUN
ftr-358	34	21	of	of	ADP
ftr-358	34	22	economic	economic	ADJ
ftr-358	34	23	resources	resource	NOUN
ftr-358	34	24	and	and	CCONJ
ftr-358	34	25	may	may	AUX
ftr-358	34	26	actually	actually	ADV
ftr-358	34	27	constitute	constitute	VERB
ftr-358	34	28	a	a	DET
ftr-358	34	29	factor	factor	NOUN
ftr-358	34	30	in	in	ADP
ftr-358	34	31	the	the	DET
ftr-358	34	32	legitimate	legitimate	ADJ
ftr-358	34	33	use	use	NOUN
ftr-358	34	34	of	of	ADP
ftr-358	34	35	military	military	ADJ
ftr-358	34	36	force	force	NOUN
ftr-358	34	37	:	:	PUNCT
ftr-358	34	38	the	the	DET
ftr-358	34	39	just	just	ADJ
ftr-358	34	40	war	war	NOUN
ftr-358	34	41	tradition	tradition	NOUN
ftr-358	34	42	and	and	CCONJ
ftr-358	34	43	the	the	DET
ftr-358	34	44	customary	customary	ADJ
ftr-358	34	45	law	law	NOUN
ftr-358	34	46	of	of	ADP
ftr-358	34	47	armed	armed	ADJ
ftr-358	34	48	conflict	conflict	NOUN
ftr-358	34	49	161	161	NUM
ftr-358	34	50	,	,	PUNCT
ftr-358	34	51	161	161	NUM
ftr-358	34	52	(	(	PUNCT
ftr-358	34	53	howard	howard	PROPN
ftr-358	34	54	m.	m.	PROPN
ftr-358	34	55	hensel	hensel	PROPN
ftr-358	34	56	ed	ed	PROPN
ftr-358	34	57	.	.	PROPN
ftr-358	34	58	,	,	PUNCT
ftr-358	34	59	2008	2008	NUM
ftr-358	34	60	)	)	PUNCT
ftr-358	34	61	.	.	PUNCT
ftr-358	35	1	4	4	X
ftr-358	35	2	.	.	X
ftr-358	35	3	for	for	ADP
ftr-358	35	4	previous	previous	ADJ
ftr-358	35	5	discussions	discussion	NOUN
ftr-358	35	6	of	of	ADP
ftr-358	35	7	similar	similar	ADJ
ftr-358	35	8	themes	theme	NOUN
ftr-358	35	9	,	,	PUNCT
ftr-358	35	10	see	see	VERB
ftr-358	35	11	john	john	PROPN
ftr-358	35	12	p.	p.	PROPN
ftr-358	35	13	bransfield	bransfield	PROPN
ftr-358	35	14	,	,	PUNCT
ftr-358	35	15	proposal	proposal	NOUN
ftr-358	35	16	to	to	PART
ftr-358	35	17	change	change	VERB
ftr-358	35	18	the	the	DET
ftr-358	35	19	federal	federal	ADJ
ftr-358	35	20	income	income	NOUN
ftr-358	35	21	taxation	taxation	NOUN
ftr-358	35	22	of	of	ADP
ftr-358	35	23	marketable	marketable	ADJ
ftr-358	35	24	securities	security	NOUN
ftr-358	35	25	,	,	PUNCT
ftr-358	35	26	2	2	NUM
ftr-358	35	27	hous	hous	ADJ
ftr-358	35	28	.	.	PUNCT
ftr-358	36	1	bus	bus	NOUN
ftr-358	36	2	.	.	PUNCT
ftr-358	36	3	&	&	CCONJ
ftr-358	36	4	tax	tax	PROPN
ftr-358	36	5	l.j	l.j	PROPN
ftr-358	36	6	.	.	PROPN
ftr-358	36	7	328	328	NUM
ftr-358	36	8	(	(	PUNCT
ftr-358	36	9	2002	2002	NUM
ftr-358	36	10	)	)	PUNCT
ftr-358	36	11	;	;	PUNCT
ftr-358	36	12	samuel	samuel	PROPN
ftr-358	36	13	d.	d.	PROPN
ftr-358	36	14	brunson	brunson	PROPN
ftr-358	36	15	,	,	PUNCT
ftr-358	36	16	taxing	tax	VERB
ftr-358	36	17	investors	investor	NOUN
ftr-358	36	18	on	on	ADP
ftr-358	36	19	a	a	DET
ftr-358	36	20	mark	mark	NOUN
ftr-358	36	21	-	-	PUNCT
ftr-358	36	22	tomarket	tomarket	NOUN
ftr-358	36	23	basis	basis	NOUN
ftr-358	36	24	,	,	PUNCT
ftr-358	36	25	43	43	NUM
ftr-358	36	26	loy	loy	PROPN
ftr-358	36	27	.	.	PUNCT
ftr-358	37	1	l.a	l.a	PROPN
ftr-358	37	2	.	.	PROPN
ftr-358	37	3	l.	l.	PROPN
ftr-358	37	4	rev	rev	PROPN
ftr-358	37	5	.	.	PROPN
ftr-358	38	1	507	507	NUM
ftr-358	38	2	(	(	PUNCT
ftr-358	38	3	2010	2010	NUM
ftr-358	38	4	)	)	PUNCT
ftr-358	38	5	;	;	PUNCT
ftr-358	39	1	eric	eric	PROPN
ftr-358	39	2	d.	d.	PROPN
ftr-358	39	3	chason	chason	PROPN
ftr-358	39	4	,	,	PUNCT
ftr-358	39	5	naked	naked	ADJ
ftr-358	39	6	and	and	CCONJ
ftr-358	39	7	covered	cover	VERB
ftr-358	39	8	in	in	ADP
ftr-358	39	9	monte	monte	PROPN
ftr-358	39	10	carlo	carlo	PROPN
ftr-358	39	11	:	:	PUNCT
ftr-358	39	12	a	a	DET
ftr-358	39	13	reappraisal	reappraisal	NOUN
ftr-358	39	14	of	of	ADP
ftr-358	39	15	option	option	NOUN
ftr-358	39	16	taxation	taxation	NOUN
ftr-358	39	17	,	,	PUNCT
ftr-358	39	18	27	27	NUM
ftr-358	39	19	va	va	NOUN
ftr-358	39	20	.	.	PUNCT
ftr-358	39	21	tax	tax	PROPN
ftr-358	39	22	rev	rev	PROPN
ftr-358	39	23	.	.	PROPN
ftr-358	39	24	135	135	NUM
ftr-358	39	25	(	(	PUNCT
ftr-358	39	26	2007	2007	NUM
ftr-358	39	27	)	)	PUNCT
ftr-358	39	28	;	;	PUNCT
ftr-358	39	29	daniel	daniel	PROPN
ftr-358	39	30	halperin	halperin	PROPN
ftr-358	39	31	,	,	PUNCT
ftr-358	39	32	saving	save	VERB
ftr-358	39	33	the	the	DET
ftr-358	39	34	income	income	NOUN
ftr-358	39	35	tax	tax	NOUN
ftr-358	39	36	:	:	PUNCT
ftr-358	39	37	an	an	DET
ftr-358	39	38	agenda	agenda	NOUN
ftr-358	39	39	for	for	ADP
ftr-358	39	40	research	research	NOUN
ftr-358	39	41	,	,	PUNCT
ftr-358	39	42	77	77	NUM
ftr-358	39	43	tax	tax	NOUN
ftr-358	39	44	notes	note	NOUN
ftr-358	39	45	967	967	NUM
ftr-358	39	46	(	(	PUNCT
ftr-358	39	47	1997	1997	NUM
ftr-358	39	48	)	)	PUNCT
ftr-358	39	49	,	,	PUNCT
ftr-358	39	50	reprinted	reprint	VERB
ftr-358	39	51	in	in	ADP
ftr-358	39	52	24	24	NUM
ftr-358	39	53	ohio	ohio	PROPN
ftr-358	39	54	n.u	n.u	PROPN
ftr-358	39	55	.	.	PROPN
ftr-358	39	56	l.	l.	PROPN
ftr-358	39	57	rev	rev	PROPN
ftr-358	39	58	.	.	PROPN
ftr-358	39	59	493	493	NUM
ftr-358	39	60	(	(	PUNCT
ftr-358	39	61	1998	1998	NUM
ftr-358	39	62	)	)	PUNCT
ftr-358	39	63	;	;	PUNCT
ftr-358	39	64	timothy	timothy	PROPN
ftr-358	39	65	hurley	hurley	PROPN
ftr-358	39	66	,	,	PUNCT
ftr-358	39	67	“	"	PUNCT
ftr-358	39	68	robbing	rob	VERB
ftr-358	39	69	”	"	PUNCT
ftr-358	39	70	the	the	DET
ftr-358	39	71	rich	rich	ADJ
ftr-358	39	72	to	to	PART
ftr-358	39	73	give	give	VERB
ftr-358	39	74	to	to	ADP
ftr-358	39	75	the	the	DET
ftr-358	39	76	poor	poor	ADJ
ftr-358	39	77	:	:	PUNCT
ftr-358	39	78	abolishing	abolish	VERB
ftr-358	39	79	realization	realization	NOUN
ftr-358	39	80	and	and	CCONJ
ftr-358	39	81	adopting	adopt	VERB
ftr-358	39	82	markto	markto	NOUN
ftr-358	39	83	-	-	PUNCT
ftr-358	39	84	market	market	NOUN
ftr-358	39	85	taxation	taxation	NOUN
ftr-358	39	86	,	,	PUNCT
ftr-358	39	87	25	25	NUM
ftr-358	39	88	t.m	t.m	PROPN
ftr-358	39	89	.	.	PROPN
ftr-358	39	90	cooley	cooley	PROPN
ftr-358	39	91	l.	l.	PROPN
ftr-358	39	92	rev	rev	PROPN
ftr-358	39	93	.	.	PROPN
ftr-358	40	1	529	529	NUM
ftr-358	40	2	(	(	PUNCT
ftr-358	40	3	2008	2008	NUM
ftr-358	40	4	)	)	PUNCT
ftr-358	41	1	;	;	PUNCT
ftr-358	41	2	mark	mark	PROPN
ftr-358	41	3	l.	l.	PROPN
ftr-358	41	4	louie	louie	PROPN
ftr-358	41	5	,	,	PUNCT
ftr-358	41	6	note	note	VERB
ftr-358	41	7	,	,	PUNCT
ftr-358	41	8	realizing	realize	VERB
ftr-358	41	9	appreciation	appreciation	NOUN
ftr-358	41	10	without	without	ADP
ftr-358	41	11	sale	sale	NOUN
ftr-358	41	12	:	:	PUNCT
ftr-358	41	13	accrual	accrual	ADJ
ftr-358	41	14	taxation	taxation	NOUN
ftr-358	41	15	of	of	ADP
ftr-358	41	16	capital	capital	NOUN
ftr-358	41	17	gains	gain	NOUN
ftr-358	41	18	on	on	ADP
ftr-358	41	19	marketable	marketable	ADJ
ftr-358	41	20	securities	security	NOUN
ftr-358	41	21	,	,	PUNCT
ftr-358	41	22	34	34	NUM
ftr-358	41	23	stan	stan	PROPN
ftr-358	41	24	.	.	PUNCT
ftr-358	42	1	l.	l.	PROPN
ftr-358	42	2	rev	rev	PROPN
ftr-358	42	3	.	.	PROPN
ftr-358	42	4	857	857	NUM
ftr-358	42	5	(	(	PUNCT
ftr-358	42	6	1982	1982	NUM
ftr-358	42	7	)	)	PUNCT
ftr-358	42	8	;	;	PUNCT
ftr-358	42	9	deborah	deborah	PROPN
ftr-358	42	10	l.	l.	PROPN
ftr-358	42	11	paul	paul	PROPN
ftr-358	42	12	,	,	PUNCT
ftr-358	42	13	another	another	DET
ftr-358	42	14	uneasy	uneasy	ADJ
ftr-358	42	15	compromise	compromise	NOUN
ftr-358	42	16	:	:	PUNCT
ftr-358	42	17	the	the	DET
ftr-358	42	18	treatment	treatment	NOUN
ftr-358	42	19	of	of	ADP
ftr-358	42	20	hedging	hedging	NOUN
ftr-358	42	21	in	in	ADP
ftr-358	42	22	a	a	DET
ftr-358	42	23	realization	realization	NOUN
ftr-358	42	24	income	income	NOUN
ftr-358	42	25	tax	tax	NOUN
ftr-358	42	26	,	,	PUNCT
ftr-358	42	27	3	3	NUM
ftr-358	42	28	fla	fla	NOUN
ftr-358	42	29	.	.	PUNCT
ftr-358	43	1	tax	tax	PROPN
ftr-358	43	2	rev	rev	PROPN
ftr-358	43	3	.	.	PROPN
ftr-358	43	4	1	1	NUM
ftr-358	43	5	(	(	PUNCT
ftr-358	43	6	1996	1996	NUM
ftr-358	43	7	)	)	PUNCT
ftr-358	43	8	;	;	PUNCT
ftr-358	43	9	clarissa	clarissa	PROPN
ftr-358	43	10	potter	potter	PROPN
ftr-358	43	11	,	,	PUNCT
ftr-358	43	12	mark	mark	NOUN
ftr-358	43	13	-	-	PUNCT
ftr-358	43	14	to	to	ADP
ftr-358	43	15	-	-	PUNCT
ftr-358	43	16	market	market	NOUN
ftr-358	43	17	taxation	taxation	NOUN
ftr-358	43	18	as	as	ADP
ftr-358	43	19	the	the	DET
ftr-358	43	20	way	way	NOUN
ftr-358	43	21	to	to	PART
ftr-358	43	22	save	save	VERB
ftr-358	43	23	the	the	DET
ftr-358	43	24	income	income	NOUN
ftr-358	43	25	tax	tax	NOUN
ftr-358	43	26	—	—	PUNCT
ftr-358	43	27	a	a	DET
ftr-358	43	28	former	former	ADJ
ftr-358	43	29	administrator	administrator	NOUN
ftr-358	43	30	’s	’s	PART
ftr-358	43	31	view	view	NOUN
ftr-358	43	32	,	,	PUNCT
ftr-358	43	33	33	33	NUM
ftr-358	43	34	val	val	NOUN
ftr-358	43	35	.	.	PUNCT
ftr-358	44	1	u.	u.	PROPN
ftr-358	44	2	l.	l.	PROPN
ftr-358	44	3	rev	rev	PROPN
ftr-358	44	4	.	.	PROPN
ftr-358	45	1	879	879	NUM
ftr-358	45	2	(	(	PUNCT
ftr-358	45	3	1999	1999	NUM
ftr-358	45	4	)	)	PUNCT
ftr-358	46	1	;	;	PUNCT
ftr-358	46	2	david	david	PROPN
ftr-358	46	3	j.	j.	PROPN
ftr-358	46	4	shakow	shakow	PROPN
ftr-358	46	5	,	,	PUNCT
ftr-358	46	6	taxation	taxation	NOUN
ftr-358	46	7	without	without	ADP
ftr-358	46	8	realization	realization	NOUN
ftr-358	46	9	:	:	PUNCT
ftr-358	46	10	a	a	DET
ftr-358	46	11	proposal	proposal	NOUN
ftr-358	46	12	for	for	ADP
ftr-358	46	13	accrual	accrual	ADJ
ftr-358	46	14	taxation	taxation	NOUN
ftr-358	46	15	,	,	PUNCT
ftr-358	46	16	134	134	NUM
ftr-358	46	17	u.	u.	NOUN
ftr-358	46	18	pa	pa	PROPN
ftr-358	46	19	.	.	PUNCT
ftr-358	46	20	l.	l.	PROPN
ftr-358	46	21	rev	rev	PROPN
ftr-358	46	22	.	.	PROPN
ftr-358	46	23	1111	1111	NUM
ftr-358	46	24	(	(	PUNCT
ftr-358	46	25	1986	1986	NUM
ftr-358	46	26	)	)	PUNCT
ftr-358	46	27	;	;	PUNCT
ftr-358	46	28	david	david	PROPN
ftr-358	46	29	slawson	slawson	PROPN
ftr-358	46	30	,	,	PUNCT
ftr-358	46	31	taxing	tax	VERB
ftr-358	46	32	as	as	ADP
ftr-358	46	33	ordinary	ordinary	ADJ
ftr-358	46	34	income	income	NOUN
ftr-358	46	35	the	the	DET
ftr-358	46	36	appreciation	appreciation	NOUN
ftr-358	46	37	of	of	ADP
ftr-358	46	38	publicly	publicly	ADV
ftr-358	46	39	held	hold	VERB
ftr-358	46	40	stock	stock	NOUN
ftr-358	46	41	,	,	PUNCT
ftr-358	46	42	76	76	NUM
ftr-358	46	43	yale	yale	PROPN
ftr-358	46	44	l.j	l.j	PROPN
ftr-358	46	45	.	.	PROPN
ftr-358	46	46	623	623	NUM
ftr-358	46	47	(	(	PUNCT
ftr-358	46	48	1967	1967	NUM
ftr-358	46	49	)	)	PUNCT
ftr-358	46	50	;	;	PUNCT
ftr-358	46	51	david	david	PROPN
ftr-358	46	52	a.	a.	PROPN
ftr-358	46	53	weisbach	weisbach	PROPN
ftr-358	46	54	,	,	PUNCT
ftr-358	46	55	a	a	DET
ftr-358	46	56	partial	partial	ADJ
ftr-358	46	57	mark	mark	NOUN
ftr-358	46	58	-	-	PUNCT
ftr-358	46	59	to	to	ADP
ftr-358	46	60	-	-	PUNCT
ftr-358	46	61	market	market	NOUN
ftr-358	46	62	system	system	NOUN
ftr-358	46	63	,	,	PUNCT
ftr-358	46	64	53	53	NUM
ftr-358	46	65	tax	tax	NOUN
ftr-358	46	66	l.	l.	PROPN
ftr-358	46	67	rev	rev	PROPN
ftr-358	46	68	.	.	PROPN
ftr-358	46	69	95	95	NUM
ftr-358	46	70	(	(	PUNCT
ftr-358	46	71	1999	1999	NUM
ftr-358	46	72	)	)	PUNCT
ftr-358	46	73	.	.	PUNCT
ftr-358	47	1	5	5	X
ftr-358	47	2	.	.	X
ftr-358	47	3	it	it	PRON
ftr-358	47	4	should	should	AUX
ftr-358	47	5	be	be	AUX
ftr-358	47	6	emphasized	emphasize	VERB
ftr-358	47	7	that	that	SCONJ
ftr-358	47	8	the	the	DET
ftr-358	47	9	essay	essay	NOUN
ftr-358	47	10	will	will	AUX
ftr-358	47	11	proceed	proceed	VERB
ftr-358	47	12	from	from	ADP
ftr-358	47	13	the	the	DET
ftr-358	47	14	assumption	assumption	NOUN
ftr-358	47	15	that	that	PRON
ftr-358	47	16	gain	gain	VERB
ftr-358	47	17	from	from	ADP
ftr-358	47	18	publicly	publicly	ADV
ftr-358	47	19	-	-	PUNCT
ftr-358	47	20	traded	trade	VERB
ftr-358	47	21	securities	security	NOUN
ftr-358	47	22	will	will	AUX
ftr-358	47	23	continue	continue	VERB
ftr-358	47	24	to	to	PART
ftr-358	47	25	be	be	AUX
ftr-358	47	26	taxed	tax	VERB
ftr-358	47	27	under	under	ADP
ftr-358	47	28	an	an	DET
ftr-358	47	29	income	income	NOUN
ftr-358	47	30	tax	tax	NOUN
ftr-358	47	31	.	.	PUNCT
ftr-358	48	1	when	when	SCONJ
ftr-358	48	2	the	the	DET
ftr-358	48	3	tax	tax	NOUN
ftr-358	48	4	base	base	NOUN
ftr-358	48	5	is	be	AUX
ftr-358	48	6	consumption	consumption	NOUN
ftr-358	48	7	,	,	PUNCT
ftr-358	48	8	realization	realization	NOUN
ftr-358	48	9	loses	lose	VERB
ftr-358	48	10	its	its	PRON
ftr-358	48	11	significance	significance	NOUN
ftr-358	48	12	.	.	PUNCT
ftr-358	49	1	william	william	PROPN
ftr-358	49	2	d.	d.	PROPN
ftr-358	49	3	andrews	andrews	PROPN
ftr-358	49	4	,	,	PUNCT
ftr-358	49	5	a	a	DET
ftr-358	49	6	consumption	consumption	NOUN
ftr-358	49	7	-	-	PUNCT
ftr-358	49	8	type	type	NOUN
ftr-358	49	9	or	or	CCONJ
ftr-358	49	10	cash	cash	NOUN
ftr-358	49	11	flow	flow	NOUN
ftr-358	49	12	personal	personal	ADJ
ftr-358	49	13	income	income	NOUN
ftr-358	49	14	tax	tax	NOUN
ftr-358	49	15	,	,	PUNCT
ftr-358	49	16	87	87	NUM
ftr-358	49	17	harv	harv	NOUN
ftr-358	49	18	.	.	PUNCT
ftr-358	50	1	l.	l.	PROPN
ftr-358	50	2	rev	rev	PROPN
ftr-358	50	3	.	.	PROPN
ftr-358	50	4	1113	1113	NUM
ftr-358	50	5	,	,	PUNCT
ftr-358	50	6	1131	1131	NUM
ftr-358	50	7	(	(	PUNCT
ftr-358	50	8	1974	1974	NUM
ftr-358	50	9	)	)	PUNCT
ftr-358	50	10	(	(	PUNCT
ftr-358	50	11	“	"	PUNCT
ftr-358	50	12	the	the	DET
ftr-358	50	13	problems	problem	NOUN
ftr-358	50	14	of	of	ADP
ftr-358	50	15	defining	define	VERB
ftr-358	50	16	realization	realization	NOUN
ftr-358	50	17	and	and	CCONJ
ftr-358	50	18	prescribing	prescribing	NOUN
ftr-358	50	19	nonrecognition	nonrecognition	NOUN
ftr-358	50	20	would	would	AUX
ftr-358	50	21	obviously	obviously	ADV
ftr-358	50	22	disappear	disappear	VERB
ftr-358	50	23	under	under	ADP
ftr-358	50	24	either	either	CCONJ
ftr-358	50	25	a	a	DET
ftr-358	50	26	true	true	ADJ
ftr-358	50	27	accretion	accretion	NOUN
ftr-358	50	28	-	-	PUNCT
ftr-358	50	29	type	type	NOUN
ftr-358	50	30	or	or	CCONJ
ftr-358	50	31	a	a	DET
ftr-358	50	32	pure	pure	ADJ
ftr-358	50	33	consumption	consumption	NOUN
ftr-358	50	34	-	-	PUNCT
ftr-358	50	35	type	type	NOUN
ftr-358	50	36	tax	tax	NOUN
ftr-358	50	37	.	.	PUNCT
ftr-358	50	38	”	"	PUNCT
ftr-358	50	39	)	)	PUNCT
ftr-358	50	40	;	;	PUNCT
ftr-358	50	41	louie	louie	PROPN
ftr-358	50	42	,	,	PUNCT
ftr-358	50	43	supra	supra	PROPN
ftr-358	50	44	note	note	NOUN
ftr-358	50	45	4	4	NUM
ftr-358	50	46	,	,	PUNCT
ftr-358	50	47	at	at	ADP
ftr-358	50	48	861	861	NUM
ftr-358	50	49	n.18	n.18	NOUN
ftr-358	50	50	.	.	PROPN
ftr-358	50	51	378	378	NUM
ftr-358	50	52	florida	florida	PROPN
ftr-358	50	53	tax	tax	NOUN
ftr-358	50	54	review	review	NOUN
ftr-358	51	1	[	[	X
ftr-358	51	2	vol	vol	NOUN
ftr-358	51	3	.	.	PUNCT
ftr-358	52	1	10:5	10:5	NUM
ftr-358	52	2	mitigating	mitigate	VERB
ftr-358	52	3	stock	stock	NOUN
ftr-358	52	4	market	market	NOUN
ftr-358	52	5	volatility	volatility	NOUN
ftr-358	52	6	.	.	PUNCT
ftr-358	53	1	part	part	NOUN
ftr-358	53	2	iii.b	iii.b	X
ftr-358	53	3	.	.	PUNCT
ftr-358	53	4	considers	consider	VERB
ftr-358	53	5	tax	tax	NOUN
ftr-358	53	6	planning	planning	NOUN
ftr-358	53	7	strategies	strategy	NOUN
ftr-358	53	8	that	that	PRON
ftr-358	53	9	attempt	attempt	VERB
ftr-358	53	10	to	to	PART
ftr-358	53	11	exploit	exploit	VERB
ftr-358	53	12	the	the	DET
ftr-358	53	13	realization	realization	NOUN
ftr-358	53	14	doctrine	doctrine	NOUN
ftr-358	53	15	in	in	ADP
ftr-358	53	16	order	order	NOUN
ftr-358	53	17	to	to	PART
ftr-358	53	18	avoid	avoid	VERB
ftr-358	53	19	or	or	CCONJ
ftr-358	53	20	minimize	minimize	VERB
ftr-358	53	21	tax	tax	NOUN
ftr-358	53	22	liability	liability	NOUN
ftr-358	53	23	.	.	PUNCT
ftr-358	54	1	part	part	NOUN
ftr-358	54	2	iii.c	iii.c	PROPN
ftr-358	54	3	.	.	PUNCT
ftr-358	54	4	discusses	discuss	VERB
ftr-358	54	5	the	the	DET
ftr-358	54	6	deduction	deduction	NOUN
ftr-358	54	7	of	of	ADP
ftr-358	54	8	losses	loss	NOUN
ftr-358	54	9	.	.	PUNCT
ftr-358	55	1	it	it	PRON
ftr-358	55	2	will	will	AUX
ftr-358	55	3	show	show	VERB
ftr-358	55	4	that	that	SCONJ
ftr-358	55	5	the	the	DET
ftr-358	55	6	serious	serious	ADJ
ftr-358	55	7	restrictions	restriction	NOUN
ftr-358	55	8	imposed	impose	VERB
ftr-358	55	9	on	on	ADP
ftr-358	55	10	the	the	DET
ftr-358	55	11	deduction	deduction	NOUN
ftr-358	55	12	of	of	ADP
ftr-358	55	13	capital	capital	NOUN
ftr-358	55	14	losses	loss	NOUN
ftr-358	55	15	,	,	PUNCT
ftr-358	55	16	limitations	limitation	NOUN
ftr-358	55	17	that	that	PRON
ftr-358	55	18	contract	contract	VERB
ftr-358	55	19	the	the	DET
ftr-358	55	20	ideal	ideal	NOUN
ftr-358	55	21	of	of	ADP
ftr-358	55	22	a	a	DET
ftr-358	55	23	tax	tax	NOUN
ftr-358	55	24	imposed	impose	VERB
ftr-358	55	25	on	on	ADP
ftr-358	55	26	accession	accession	NOUN
ftr-358	55	27	to	to	ADP
ftr-358	55	28	wealth	wealth	NOUN
ftr-358	55	29	and	and	CCONJ
ftr-358	55	30	are	be	AUX
ftr-358	55	31	the	the	DET
ftr-358	55	32	source	source	NOUN
ftr-358	55	33	of	of	ADP
ftr-358	55	34	both	both	DET
ftr-358	55	35	inequity	inequity	NOUN
ftr-358	55	36	and	and	CCONJ
ftr-358	55	37	economic	economic	ADJ
ftr-358	55	38	inefficiency	inefficiency	NOUN
ftr-358	55	39	,	,	PUNCT
ftr-358	55	40	are	be	AUX
ftr-358	55	41	a	a	DET
ftr-358	55	42	direct	direct	ADJ
ftr-358	55	43	consequence	consequence	NOUN
ftr-358	55	44	of	of	ADP
ftr-358	55	45	the	the	DET
ftr-358	55	46	realization	realization	NOUN
ftr-358	55	47	doctrine	doctrine	NOUN
ftr-358	55	48	and	and	CCONJ
ftr-358	55	49	are	be	AUX
ftr-358	55	50	unnecessary	unnecessary	ADJ
ftr-358	55	51	under	under	ADP
ftr-358	55	52	an	an	DET
ftr-358	55	53	accrual	accrual	ADJ
ftr-358	55	54	tax	tax	NOUN
ftr-358	55	55	regime	regime	NOUN
ftr-358	55	56	.	.	PUNCT
ftr-358	56	1	thus	thus	ADV
ftr-358	56	2	,	,	PUNCT
ftr-358	56	3	mark	mark	NOUN
ftr-358	56	4	-	-	PUNCT
ftr-358	56	5	to	to	ADP
ftr-358	56	6	-	-	PUNCT
ftr-358	56	7	market	market	NOUN
ftr-358	56	8	taxation	taxation	NOUN
ftr-358	56	9	would	would	AUX
ftr-358	56	10	allow	allow	VERB
ftr-358	56	11	unrestricted	unrestricted	ADJ
ftr-358	56	12	deduction	deduction	NOUN
ftr-358	56	13	(	(	PUNCT
ftr-358	56	14	or	or	CCONJ
ftr-358	56	15	a	a	DET
ftr-358	56	16	freely	freely	ADV
ftr-358	56	17	usable	usable	ADJ
ftr-358	56	18	credit	credit	NOUN
ftr-358	56	19	in	in	ADP
ftr-358	56	20	lieu	lieu	NOUN
ftr-358	56	21	)	)	PUNCT
ftr-358	56	22	of	of	ADP
ftr-358	56	23	capital	capital	NOUN
ftr-358	56	24	losses	loss	NOUN
ftr-358	56	25	from	from	ADP
ftr-358	56	26	the	the	DET
ftr-358	56	27	holding	holding	NOUN
ftr-358	56	28	of	of	ADP
ftr-358	56	29	publicly	publicly	ADV
ftr-358	56	30	-	-	PUNCT
ftr-358	56	31	traded	trade	VERB
ftr-358	56	32	securities	security	NOUN
ftr-358	56	33	.	.	PUNCT
ftr-358	57	1	part	part	NOUN
ftr-358	57	2	iv	iv	PRON
ftr-358	57	3	will	will	AUX
ftr-358	57	4	contend	contend	VERB
ftr-358	57	5	with	with	ADP
ftr-358	57	6	arguments	argument	NOUN
ftr-358	57	7	in	in	ADP
ftr-358	57	8	favor	favor	NOUN
ftr-358	57	9	of	of	ADP
ftr-358	57	10	retaining	retain	VERB
ftr-358	57	11	the	the	DET
ftr-358	57	12	realization	realization	NOUN
ftr-358	57	13	rule	rule	NOUN
ftr-358	57	14	for	for	ADP
ftr-358	57	15	publicly	publicly	ADV
ftr-358	57	16	-	-	PUNCT
ftr-358	57	17	traded	trade	VERB
ftr-358	57	18	securities	security	NOUN
ftr-358	57	19	.	.	PUNCT
ftr-358	58	1	part	part	NOUN
ftr-358	58	2	iv.a	iv.a	PROPN
ftr-358	58	3	.	.	PUNCT
ftr-358	59	1	considers	consider	VERB
ftr-358	59	2	the	the	DET
ftr-358	59	3	claim	claim	NOUN
ftr-358	59	4	that	that	SCONJ
ftr-358	59	5	unrealized	unrealized	ADJ
ftr-358	59	6	gain	gain	NOUN
ftr-358	59	7	should	should	AUX
ftr-358	59	8	not	not	PART
ftr-358	59	9	be	be	AUX
ftr-358	59	10	taxed	tax	VERB
ftr-358	59	11	because	because	SCONJ
ftr-358	59	12	of	of	ADP
ftr-358	59	13	the	the	DET
ftr-358	59	14	possibility	possibility	NOUN
ftr-358	59	15	that	that	SCONJ
ftr-358	59	16	the	the	DET
ftr-358	59	17	value	value	NOUN
ftr-358	59	18	of	of	ADP
ftr-358	59	19	the	the	DET
ftr-358	59	20	security	security	NOUN
ftr-358	59	21	will	will	AUX
ftr-358	59	22	decrease	decrease	VERB
ftr-358	59	23	in	in	ADP
ftr-358	59	24	the	the	DET
ftr-358	59	25	future	future	NOUN
ftr-358	59	26	,	,	PUNCT
ftr-358	59	27	erasing	erase	VERB
ftr-358	59	28	some	some	PRON
ftr-358	59	29	or	or	CCONJ
ftr-358	59	30	all	all	PRON
ftr-358	59	31	of	of	ADP
ftr-358	59	32	the	the	DET
ftr-358	59	33	already	already	ADV
ftr-358	59	34	-	-	PUNCT
ftr-358	59	35	reported	report	VERB
ftr-358	59	36	gain	gain	NOUN
ftr-358	59	37	.	.	PUNCT
ftr-358	60	1	part	part	NOUN
ftr-358	60	2	iv.b	iv.b	PROPN
ftr-358	60	3	.	.	PROPN
ftr-358	60	4	will	will	AUX
ftr-358	60	5	discuss	discuss	VERB
ftr-358	60	6	the	the	DET
ftr-358	60	7	effect	effect	NOUN
ftr-358	60	8	of	of	ADP
ftr-358	60	9	prevailing	prevail	VERB
ftr-358	60	10	public	public	ADJ
ftr-358	60	11	opinion	opinion	NOUN
ftr-358	60	12	that	that	SCONJ
ftr-358	60	13	“	"	PUNCT
ftr-358	60	14	paper	paper	NOUN
ftr-358	60	15	gain	gain	NOUN
ftr-358	60	16	”	"	PUNCT
ftr-358	60	17	is	be	AUX
ftr-358	60	18	not	not	PART
ftr-358	60	19	an	an	DET
ftr-358	60	20	appropriate	appropriate	ADJ
ftr-358	60	21	subject	subject	NOUN
ftr-358	60	22	for	for	ADP
ftr-358	60	23	taxation	taxation	NOUN
ftr-358	60	24	.	.	PUNCT
ftr-358	61	1	part	part	NOUN
ftr-358	61	2	iv.c	iv.c	VERB
ftr-358	61	3	.	.	PUNCT
ftr-358	61	4	will	will	AUX
ftr-358	61	5	examine	examine	VERB
ftr-358	61	6	the	the	DET
ftr-358	61	7	argument	argument	NOUN
ftr-358	61	8	that	that	SCONJ
ftr-358	61	9	taxing	tax	VERB
ftr-358	61	10	publicly	publicly	ADV
ftr-358	61	11	-	-	PUNCT
ftr-358	61	12	traded	trade	VERB
ftr-358	61	13	securities	security	NOUN
ftr-358	61	14	on	on	ADP
ftr-358	61	15	an	an	DET
ftr-358	61	16	accrual	accrual	ADJ
ftr-358	61	17	basis	basis	NOUN
ftr-358	61	18	while	while	SCONJ
ftr-358	61	19	other	other	ADJ
ftr-358	61	20	gain	gain	NOUN
ftr-358	61	21	is	be	AUX
ftr-358	61	22	taxed	tax	VERB
ftr-358	61	23	only	only	ADV
ftr-358	61	24	at	at	ADP
ftr-358	61	25	realization	realization	NOUN
ftr-358	61	26	would	would	AUX
ftr-358	61	27	create	create	VERB
ftr-358	61	28	a	a	DET
ftr-358	61	29	disequilibrium	disequilibrium	NOUN
ftr-358	61	30	in	in	ADP
ftr-358	61	31	the	the	DET
ftr-358	61	32	tax	tax	NOUN
ftr-358	61	33	structure	structure	NOUN
ftr-358	61	34	and	and	CCONJ
ftr-358	61	35	that	that	SCONJ
ftr-358	61	36	the	the	DET
ftr-358	61	37	negative	negative	ADJ
ftr-358	61	38	consequences	consequence	NOUN
ftr-358	61	39	of	of	ADP
ftr-358	61	40	such	such	DET
ftr-358	61	41	a	a	DET
ftr-358	61	42	disequilibrium	disequilibrium	NOUN
ftr-358	61	43	would	would	AUX
ftr-358	61	44	overwhelm	overwhelm	VERB
ftr-358	61	45	the	the	DET
ftr-358	61	46	positive	positive	ADJ
ftr-358	61	47	consequences	consequence	NOUN
ftr-358	61	48	of	of	ADP
ftr-358	61	49	mark	mark	NOUN
ftr-358	61	50	-	-	PUNCT
ftr-358	61	51	tomarket	tomarket	NOUN
ftr-358	61	52	taxation	taxation	NOUN
ftr-358	61	53	.	.	PUNCT
ftr-358	62	1	part	part	NOUN
ftr-358	62	2	iv.d	iv.d	VERB
ftr-358	62	3	.	.	PROPN
ftr-358	62	4	will	will	AUX
ftr-358	62	5	consider	consider	VERB
ftr-358	62	6	the	the	DET
ftr-358	62	7	argument	argument	NOUN
ftr-358	62	8	that	that	SCONJ
ftr-358	62	9	it	it	PRON
ftr-358	62	10	is	be	AUX
ftr-358	62	11	possible	possible	ADJ
ftr-358	62	12	to	to	PART
ftr-358	62	13	achieve	achieve	VERB
ftr-358	62	14	results	result	NOUN
ftr-358	62	15	similar	similar	ADJ
ftr-358	62	16	to	to	ADP
ftr-358	62	17	those	those	PRON
ftr-358	62	18	obtainable	obtainable	ADJ
ftr-358	62	19	through	through	ADP
ftr-358	62	20	mark	mark	NOUN
ftr-358	62	21	-	-	PUNCT
ftr-358	62	22	to	to	ADP
ftr-358	62	23	-	-	PUNCT
ftr-358	62	24	market	market	NOUN
ftr-358	62	25	taxation	taxation	NOUN
ftr-358	62	26	without	without	ADP
ftr-358	62	27	abandoning	abandon	VERB
ftr-358	62	28	the	the	DET
ftr-358	62	29	realization	realization	NOUN
ftr-358	62	30	doctrine	doctrine	NOUN
ftr-358	62	31	.	.	PUNCT
ftr-358	63	1	part	part	NOUN
ftr-358	63	2	v	v	NOUN
ftr-358	63	3	will	will	AUX
ftr-358	63	4	summarize	summarize	VERB
ftr-358	63	5	the	the	DET
ftr-358	63	6	findings	finding	NOUN
ftr-358	63	7	.	.	PUNCT
ftr-358	64	1	ii	ii	PROPN
ftr-358	64	2	.	.	PUNCT
ftr-358	64	3	realization	realization	NOUN
ftr-358	64	4	in	in	ADP
ftr-358	64	5	accordance	accordance	NOUN
ftr-358	64	6	with	with	ADP
ftr-358	64	7	the	the	DET
ftr-358	64	8	theoretical	theoretical	ADJ
ftr-358	64	9	definition	definition	NOUN
ftr-358	64	10	as	as	SCONJ
ftr-358	64	11	formulated	formulate	VERB
ftr-358	64	12	by	by	ADP
ftr-358	64	13	robert	robert	PROPN
ftr-358	64	14	haig	haig	PROPN
ftr-358	64	15	and	and	CCONJ
ftr-358	64	16	henry	henry	PROPN
ftr-358	64	17	simons	simons	PROPN
ftr-358	64	18	,	,	PUNCT
ftr-358	64	19	“	"	PUNCT
ftr-358	64	20	income	income	NOUN
ftr-358	64	21	”	"	PUNCT
ftr-358	64	22	is	be	AUX
ftr-358	64	23	the	the	DET
ftr-358	64	24	sum	sum	NOUN
ftr-358	64	25	of	of	ADP
ftr-358	64	26	(	(	PUNCT
ftr-358	64	27	a	a	X
ftr-358	64	28	)	)	PUNCT
ftr-358	64	29	the	the	DET
ftr-358	64	30	value	value	NOUN
ftr-358	64	31	of	of	ADP
ftr-358	64	32	the	the	DET
ftr-358	64	33	taxpayer	taxpayer	NOUN
ftr-358	64	34	’s	’s	PART
ftr-358	64	35	consumption	consumption	NOUN
ftr-358	64	36	during	during	ADP
ftr-358	64	37	the	the	DET
ftr-358	64	38	period	period	NOUN
ftr-358	64	39	of	of	ADP
ftr-358	64	40	assessment	assessment	NOUN
ftr-358	64	41	and	and	CCONJ
ftr-358	64	42	(	(	PUNCT
ftr-358	64	43	b	b	X
ftr-358	64	44	)	)	PUNCT
ftr-358	64	45	the	the	DET
ftr-358	64	46	change	change	NOUN
ftr-358	64	47	—	—	PUNCT
ftr-358	64	48	whether	whether	SCONJ
ftr-358	64	49	positive	positive	ADJ
ftr-358	64	50	or	or	CCONJ
ftr-358	64	51	negative	negative	ADJ
ftr-358	64	52	—	—	PUNCT
ftr-358	64	53	in	in	ADP
ftr-358	64	54	the	the	DET
ftr-358	64	55	net	net	ADJ
ftr-358	64	56	value	value	NOUN
ftr-358	64	57	of	of	ADP
ftr-358	64	58	her	her	PRON
ftr-358	64	59	assets.6	assets.6	PROPN
ftr-358	64	60	change	change	NOUN
ftr-358	64	61	in	in	ADP
ftr-358	64	62	net	net	ADJ
ftr-358	64	63	value	value	NOUN
ftr-358	64	64	of	of	ADP
ftr-358	64	65	assets	asset	NOUN
ftr-358	64	66	includes	include	VERB
ftr-358	64	67	change	change	NOUN
ftr-358	64	68	due	due	ADP
ftr-358	64	69	to	to	ADP
ftr-358	64	70	appreciation	appreciation	NOUN
ftr-358	64	71	of	of	ADP
ftr-358	64	72	those	those	DET
ftr-358	64	73	assets	asset	NOUN
ftr-358	64	74	.	.	PUNCT
ftr-358	65	1	nevertheless	nevertheless	ADV
ftr-358	65	2	,	,	PUNCT
ftr-358	65	3	although	although	SCONJ
ftr-358	65	4	the	the	DET
ftr-358	65	5	owner	owner	NOUN
ftr-358	65	6	of	of	ADP
ftr-358	65	7	property	property	NOUN
ftr-358	65	8	experiences	experience	NOUN
ftr-358	65	9	an	an	DET
ftr-358	65	10	accession	accession	NOUN
ftr-358	65	11	to	to	ADP
ftr-358	65	12	wealth	wealth	NOUN
ftr-358	65	13	—	—	PUNCT
ftr-358	65	14	and	and	CCONJ
ftr-358	65	15	thus	thus	ADV
ftr-358	65	16	“	"	PUNCT
ftr-358	65	17	income	income	NOUN
ftr-358	65	18	”	"	PUNCT
ftr-358	65	19	in	in	ADP
ftr-358	65	20	the	the	DET
ftr-358	65	21	haig	haig	PROPN
ftr-358	65	22	-	-	PUNCT
ftr-358	65	23	simons	simon	NOUN
ftr-358	65	24	sense	sense	NOUN
ftr-358	65	25	of	of	ADP
ftr-358	65	26	the	the	DET
ftr-358	65	27	term	term	NOUN
ftr-358	65	28	—	—	PUNCT
ftr-358	65	29	at	at	ADP
ftr-358	65	30	the	the	DET
ftr-358	65	31	time	time	NOUN
ftr-358	65	32	that	that	PRON
ftr-358	65	33	property	property	NOUN
ftr-358	65	34	appreciates	appreciate	VERB
ftr-358	65	35	in	in	ADP
ftr-358	65	36	value	value	NOUN
ftr-358	65	37	,	,	PUNCT
ftr-358	65	38	gain	gain	NOUN
ftr-358	65	39	is	be	AUX
ftr-358	65	40	not	not	PART
ftr-358	65	41	ordinarily	ordinarily	ADV
ftr-358	65	42	6	6	NUM
ftr-358	65	43	.	.	PUNCT
ftr-358	66	1	robert	robert	PROPN
ftr-358	66	2	murray	murray	PROPN
ftr-358	66	3	haig	haig	PROPN
ftr-358	66	4	,	,	PUNCT
ftr-358	66	5	the	the	DET
ftr-358	66	6	concept	concept	NOUN
ftr-358	66	7	of	of	ADP
ftr-358	66	8	income	income	NOUN
ftr-358	66	9	—	—	PUNCT
ftr-358	66	10	economic	economic	ADJ
ftr-358	66	11	and	and	CCONJ
ftr-358	66	12	legal	legal	ADJ
ftr-358	66	13	aspects	aspect	NOUN
ftr-358	66	14	,	,	PUNCT
ftr-358	66	15	in	in	ADP
ftr-358	66	16	the	the	DET
ftr-358	66	17	federal	federal	ADJ
ftr-358	66	18	income	income	NOUN
ftr-358	66	19	tax	tax	NOUN
ftr-358	66	20	1	1	NUM
ftr-358	66	21	,	,	PUNCT
ftr-358	66	22	7	7	NUM
ftr-358	66	23	(	(	PUNCT
ftr-358	66	24	robert	robert	PROPN
ftr-358	66	25	murray	murray	PROPN
ftr-358	66	26	haig	haig	PROPN
ftr-358	66	27	ed	ed	PROPN
ftr-358	66	28	.	.	PROPN
ftr-358	66	29	,	,	PUNCT
ftr-358	66	30	1921	1921	NUM
ftr-358	66	31	)	)	PUNCT
ftr-358	66	32	;	;	PUNCT
ftr-358	66	33	henry	henry	PROPN
ftr-358	66	34	calvert	calvert	PROPN
ftr-358	66	35	simons	simons	PROPN
ftr-358	66	36	,	,	PUNCT
ftr-358	66	37	personal	personal	ADJ
ftr-358	66	38	income	income	NOUN
ftr-358	66	39	taxation	taxation	NOUN
ftr-358	66	40	:	:	PUNCT
ftr-358	66	41	the	the	DET
ftr-358	66	42	definition	definition	NOUN
ftr-358	66	43	of	of	ADP
ftr-358	66	44	income	income	NOUN
ftr-358	66	45	as	as	ADP
ftr-358	66	46	a	a	DET
ftr-358	66	47	problem	problem	NOUN
ftr-358	66	48	of	of	ADP
ftr-358	66	49	fiscal	fiscal	ADJ
ftr-358	66	50	policy	policy	NOUN
ftr-358	66	51	50	50	NUM
ftr-358	66	52	(	(	PUNCT
ftr-358	66	53	1938	1938	NUM
ftr-358	66	54	)	)	PUNCT
ftr-358	66	55	.	.	PUNCT
ftr-358	67	1	there	there	PRON
ftr-358	67	2	are	be	VERB
ftr-358	67	3	those	those	PRON
ftr-358	67	4	who	who	PRON
ftr-358	67	5	claim	claim	VERB
ftr-358	67	6	that	that	SCONJ
ftr-358	67	7	the	the	DET
ftr-358	67	8	originator	originator	NOUN
ftr-358	67	9	of	of	ADP
ftr-358	67	10	the	the	DET
ftr-358	67	11	concept	concept	NOUN
ftr-358	67	12	was	be	AUX
ftr-358	67	13	the	the	DET
ftr-358	67	14	german	german	ADJ
ftr-358	67	15	economist	economist	NOUN
ftr-358	67	16	georg	georg	PROPN
ftr-358	67	17	von	von	PROPN
ftr-358	67	18	schanz	schanz	PROPN
ftr-358	67	19	in	in	ADP
ftr-358	67	20	an	an	DET
ftr-358	67	21	article	article	NOUN
ftr-358	67	22	published	publish	VERB
ftr-358	67	23	toward	toward	ADP
ftr-358	67	24	the	the	DET
ftr-358	67	25	end	end	NOUN
ftr-358	67	26	of	of	ADP
ftr-358	67	27	the	the	DET
ftr-358	67	28	nineteenth	nineteenth	ADJ
ftr-358	67	29	century	century	NOUN
ftr-358	67	30	,	,	PUNCT
ftr-358	67	31	georg	georg	PROPN
ftr-358	67	32	von	von	PROPN
ftr-358	67	33	schanz	schanz	PROPN
ftr-358	67	34	,	,	PUNCT
ftr-358	67	35	einkummenbergriff	einkummenbergriff	NOUN
ftr-358	67	36	und	und	NOUN
ftr-358	67	37	die	die	NOUN
ftr-358	67	38	eindommensteugesetz	eindommensteugesetz	ADJ
ftr-358	67	39	,	,	PUNCT
ftr-358	67	40	13	13	NUM
ftr-358	67	41	finnanz	finnanz	PROPN
ftr-358	67	42	-	-	PUNCT
ftr-358	67	43	archiv	archiv	PROPN
ftr-358	67	44	1	1	NUM
ftr-358	67	45	(	(	PUNCT
ftr-358	67	46	1896	1896	NUM
ftr-358	67	47	)	)	PUNCT
ftr-358	67	48	,	,	PUNCT
ftr-358	67	49	and	and	CCONJ
ftr-358	67	50	that	that	SCONJ
ftr-358	67	51	the	the	DET
ftr-358	67	52	definition	definition	NOUN
ftr-358	67	53	should	should	AUX
ftr-358	67	54	be	be	AUX
ftr-358	67	55	referred	refer	VERB
ftr-358	67	56	to	to	ADP
ftr-358	67	57	as	as	ADP
ftr-358	67	58	the	the	DET
ftr-358	67	59	schanz	schanz	PROPN
ftr-358	67	60	-	-	PUNCT
ftr-358	67	61	haig	haig	PROPN
ftr-358	67	62	-	-	PUNCT
ftr-358	67	63	simons	simon	NOUN
ftr-358	67	64	definition	definition	NOUN
ftr-358	67	65	.	.	PUNCT
ftr-358	68	1	see	see	VERB
ftr-358	68	2	,	,	PUNCT
ftr-358	68	3	e.g.	e.g.	ADV
ftr-358	68	4	,	,	PUNCT
ftr-358	68	5	stanley	stanley	PROPN
ftr-358	68	6	s.	s.	PROPN
ftr-358	68	7	surrey	surrey	PROPN
ftr-358	68	8	&	&	CCONJ
ftr-358	68	9	paul	paul	PROPN
ftr-358	68	10	r.	r.	PROPN
ftr-358	68	11	mcdaniel	mcdaniel	PROPN
ftr-358	68	12	,	,	PUNCT
ftr-358	68	13	tax	tax	NOUN
ftr-358	68	14	expenditures	expenditure	NOUN
ftr-358	68	15	4	4	NUM
ftr-358	68	16	(	(	PUNCT
ftr-358	68	17	1985	1985	NUM
ftr-358	68	18	)	)	PUNCT
ftr-358	68	19	.	.	PUNCT
ftr-358	69	1	2010	2010	NUM
ftr-358	69	2	]	]	PUNCT
ftr-358	69	3	the	the	DET
ftr-358	69	4	myth	myth	NOUN
ftr-358	69	5	of	of	ADP
ftr-358	69	6	realization	realization	NOUN
ftr-358	69	7	:	:	PUNCT
ftr-358	69	8	mark	mark	NOUN
ftr-358	69	9	-	-	PUNCT
ftr-358	69	10	to	to	ADP
ftr-358	69	11	-	-	PUNCT
ftr-358	69	12	market	market	NOUN
ftr-358	69	13	taxation	taxation	NOUN
ftr-358	69	14	379	379	NUM
ftr-358	69	15	taxed	tax	VERB
ftr-358	69	16	until	until	SCONJ
ftr-358	69	17	the	the	DET
ftr-358	69	18	property	property	NOUN
ftr-358	69	19	is	be	AUX
ftr-358	69	20	sold	sell	VERB
ftr-358	69	21	or	or	CCONJ
ftr-358	69	22	exchanged	exchange	VERB
ftr-358	69	23	.	.	PUNCT
ftr-358	70	1	the	the	DET
ftr-358	70	2	classic	classic	ADJ
ftr-358	70	3	reason	reason	NOUN
ftr-358	70	4	for	for	ADP
ftr-358	70	5	deferring	defer	VERB
ftr-358	70	6	taxation	taxation	NOUN
ftr-358	70	7	on	on	ADP
ftr-358	70	8	unrealized	unrealized	ADJ
ftr-358	70	9	appreciation	appreciation	NOUN
ftr-358	70	10	is	be	AUX
ftr-358	70	11	that	that	SCONJ
ftr-358	70	12	an	an	DET
ftr-358	70	13	attempt	attempt	NOUN
ftr-358	70	14	to	to	PART
ftr-358	70	15	tax	tax	VERB
ftr-358	70	16	unrealized	unrealized	ADJ
ftr-358	70	17	gain	gain	NOUN
ftr-358	70	18	would	would	AUX
ftr-358	70	19	encounter	encounter	VERB
ftr-358	70	20	the	the	DET
ftr-358	70	21	twin	twin	ADJ
ftr-358	70	22	problems	problem	NOUN
ftr-358	70	23	of	of	ADP
ftr-358	70	24	liquidity	liquidity	NOUN
ftr-358	70	25	and	and	CCONJ
ftr-358	70	26	evaluation	evaluation	NOUN
ftr-358	70	27	.	.	PUNCT
ftr-358	71	1	a.	a.	NOUN
ftr-358	71	2	liquidity	liquidity	NOUN
ftr-358	71	3	problems	problem	NOUN
ftr-358	71	4	of	of	ADP
ftr-358	71	5	liquidity	liquidity	NOUN
ftr-358	71	6	arise	arise	VERB
ftr-358	71	7	when	when	SCONJ
ftr-358	71	8	accession	accession	NOUN
ftr-358	71	9	to	to	ADP
ftr-358	71	10	wealth	wealth	NOUN
ftr-358	71	11	is	be	AUX
ftr-358	71	12	not	not	PART
ftr-358	71	13	accompanied	accompany	VERB
ftr-358	71	14	by	by	ADP
ftr-358	71	15	a	a	DET
ftr-358	71	16	receipt	receipt	NOUN
ftr-358	71	17	of	of	ADP
ftr-358	71	18	liquid	liquid	ADJ
ftr-358	71	19	assets	asset	NOUN
ftr-358	71	20	.	.	PUNCT
ftr-358	72	1	in	in	ADP
ftr-358	72	2	such	such	DET
ftr-358	72	3	a	a	DET
ftr-358	72	4	situation	situation	NOUN
ftr-358	72	5	,	,	PUNCT
ftr-358	72	6	the	the	DET
ftr-358	72	7	taxpayer	taxpayer	NOUN
ftr-358	72	8	,	,	PUNCT
ftr-358	72	9	despite	despite	SCONJ
ftr-358	72	10	being	be	AUX
ftr-358	72	11	economically	economically	ADV
ftr-358	72	12	better	well	ADJ
ftr-358	72	13	off	off	ADV
ftr-358	72	14	,	,	PUNCT
ftr-358	72	15	may	may	AUX
ftr-358	72	16	not	not	PART
ftr-358	72	17	have	have	VERB
ftr-358	72	18	access	access	NOUN
ftr-358	72	19	to	to	ADP
ftr-358	72	20	cash	cash	NOUN
ftr-358	72	21	with	with	ADP
ftr-358	72	22	which	which	PRON
ftr-358	72	23	to	to	PART
ftr-358	72	24	pay	pay	VERB
ftr-358	72	25	the	the	DET
ftr-358	72	26	tax	tax	NOUN
ftr-358	72	27	.	.	PUNCT
ftr-358	73	1	it	it	PRON
ftr-358	73	2	might	might	AUX
ftr-358	73	3	seem	seem	VERB
ftr-358	73	4	that	that	SCONJ
ftr-358	73	5	liquidity	liquidity	NOUN
ftr-358	73	6	problems	problem	NOUN
ftr-358	73	7	should	should	AUX
ftr-358	73	8	not	not	PART
ftr-358	73	9	present	present	VERB
ftr-358	73	10	an	an	DET
ftr-358	73	11	impediment	impediment	NOUN
ftr-358	73	12	to	to	ADP
ftr-358	73	13	imposition	imposition	NOUN
ftr-358	73	14	of	of	ADP
ftr-358	73	15	tax	tax	NOUN
ftr-358	73	16	.	.	PUNCT
ftr-358	74	1	facing	face	VERB
ftr-358	74	2	a	a	DET
ftr-358	74	3	tax	tax	NOUN
ftr-358	74	4	bill	bill	NOUN
ftr-358	74	5	resulting	result	VERB
ftr-358	74	6	from	from	ADP
ftr-358	74	7	the	the	DET
ftr-358	74	8	appreciation	appreciation	NOUN
ftr-358	74	9	of	of	ADP
ftr-358	74	10	property	property	NOUN
ftr-358	74	11	,	,	PUNCT
ftr-358	74	12	a	a	DET
ftr-358	74	13	taxpayer	taxpayer	NOUN
ftr-358	74	14	who	who	PRON
ftr-358	74	15	does	do	AUX
ftr-358	74	16	not	not	PART
ftr-358	74	17	have	have	VERB
ftr-358	74	18	cash	cash	NOUN
ftr-358	74	19	available	available	ADJ
ftr-358	74	20	can	can	AUX
ftr-358	74	21	sell	sell	VERB
ftr-358	74	22	the	the	DET
ftr-358	74	23	appreciated	appreciated	ADJ
ftr-358	74	24	property.7	property.7	NOUN
ftr-358	74	25	furthermore	furthermore	ADV
ftr-358	74	26	,	,	PUNCT
ftr-358	74	27	such	such	DET
ftr-358	74	28	a	a	DET
ftr-358	74	29	forced	force	VERB
ftr-358	74	30	sale	sale	NOUN
ftr-358	74	31	would	would	AUX
ftr-358	74	32	actually	actually	ADV
ftr-358	74	33	conform	conform	VERB
ftr-358	74	34	to	to	ADP
ftr-358	74	35	the	the	DET
ftr-358	74	36	principles	principle	NOUN
ftr-358	74	37	of	of	ADP
ftr-358	74	38	horizontal	horizontal	ADJ
ftr-358	74	39	equity	equity	NOUN
ftr-358	74	40	.	.	PUNCT
ftr-358	75	1	the	the	DET
ftr-358	75	2	situation	situation	NOUN
ftr-358	75	3	of	of	ADP
ftr-358	75	4	one	one	NUM
ftr-358	75	5	who	who	PRON
ftr-358	75	6	does	do	AUX
ftr-358	75	7	not	not	PART
ftr-358	75	8	have	have	VERB
ftr-358	75	9	the	the	DET
ftr-358	75	10	cash	cash	NOUN
ftr-358	75	11	to	to	PART
ftr-358	75	12	pay	pay	VERB
ftr-358	75	13	tax	tax	NOUN
ftr-358	75	14	on	on	ADP
ftr-358	75	15	appreciation	appreciation	NOUN
ftr-358	75	16	of	of	ADP
ftr-358	75	17	property	property	NOUN
ftr-358	75	18	and	and	CCONJ
ftr-358	75	19	who	who	PRON
ftr-358	75	20	is	be	AUX
ftr-358	75	21	forced	force	VERB
ftr-358	75	22	to	to	PART
ftr-358	75	23	sell	sell	VERB
ftr-358	75	24	to	to	PART
ftr-358	75	25	pay	pay	VERB
ftr-358	75	26	the	the	DET
ftr-358	75	27	tax	tax	NOUN
ftr-358	75	28	is	be	AUX
ftr-358	75	29	similar	similar	ADJ
ftr-358	75	30	to	to	ADP
ftr-358	75	31	the	the	DET
ftr-358	75	32	situation	situation	NOUN
ftr-358	75	33	of	of	ADP
ftr-358	75	34	one	one	NUM
ftr-358	75	35	whose	whose	DET
ftr-358	75	36	pre	pre	ADJ
ftr-358	75	37	-	-	ADJ
ftr-358	75	38	tax	tax	ADJ
ftr-358	75	39	income	income	NOUN
ftr-358	75	40	is	be	AUX
ftr-358	75	41	enough	enough	ADJ
ftr-358	75	42	to	to	PART
ftr-358	75	43	purchase	purchase	VERB
ftr-358	75	44	that	that	DET
ftr-358	75	45	same	same	ADJ
ftr-358	75	46	property	property	NOUN
ftr-358	75	47	,	,	PUNCT
ftr-358	75	48	but	but	CCONJ
ftr-358	75	49	whose	whose	DET
ftr-358	75	50	post	post	ADJ
ftr-358	75	51	-	-	ADJ
ftr-358	75	52	tax	tax	ADJ
ftr-358	75	53	income	income	NOUN
ftr-358	75	54	is	be	AUX
ftr-358	75	55	insufficient	insufficient	ADJ
ftr-358	75	56	.	.	PUNCT
ftr-358	76	1	in	in	ADP
ftr-358	76	2	both	both	DET
ftr-358	76	3	cases	case	NOUN
ftr-358	76	4	,	,	PUNCT
ftr-358	76	5	the	the	DET
ftr-358	76	6	tax	tax	NOUN
ftr-358	76	7	is	be	AUX
ftr-358	76	8	what	what	PRON
ftr-358	76	9	prevents	prevent	VERB
ftr-358	76	10	the	the	DET
ftr-358	76	11	taxpayers	taxpayer	NOUN
ftr-358	76	12	from	from	ADP
ftr-358	76	13	having	have	VERB
ftr-358	76	14	the	the	DET
ftr-358	76	15	property	property	NOUN
ftr-358	76	16	.	.	PUNCT
ftr-358	77	1	there	there	PRON
ftr-358	77	2	is	be	VERB
ftr-358	77	3	no	no	DET
ftr-358	77	4	substantive	substantive	ADJ
ftr-358	77	5	difference	difference	NOUN
ftr-358	77	6	between	between	ADP
ftr-358	77	7	a	a	DET
ftr-358	77	8	tax	tax	NOUN
ftr-358	77	9	that	that	PRON
ftr-358	77	10	prevents	prevent	VERB
ftr-358	77	11	the	the	DET
ftr-358	77	12	purchase	purchase	NOUN
ftr-358	77	13	of	of	ADP
ftr-358	77	14	property	property	NOUN
ftr-358	77	15	and	and	CCONJ
ftr-358	77	16	a	a	DET
ftr-358	77	17	tax	tax	NOUN
ftr-358	77	18	that	that	PRON
ftr-358	77	19	requires	require	VERB
ftr-358	77	20	its	its	PRON
ftr-358	77	21	sale	sale	NOUN
ftr-358	77	22	.	.	PUNCT
ftr-358	78	1	taxing	tax	VERB
ftr-358	78	2	only	only	ADV
ftr-358	78	3	realized	realize	VERB
ftr-358	78	4	gain	gain	NOUN
ftr-358	78	5	means	mean	NOUN
ftr-358	78	6	,	,	PUNCT
ftr-358	78	7	in	in	ADP
ftr-358	78	8	effect	effect	NOUN
ftr-358	78	9	,	,	PUNCT
ftr-358	78	10	that	that	SCONJ
ftr-358	78	11	those	those	PRON
ftr-358	78	12	holding	hold	VERB
ftr-358	78	13	on	on	ADP
ftr-358	78	14	to	to	ADP
ftr-358	78	15	appreciated	appreciated	ADJ
ftr-358	78	16	property	property	NOUN
ftr-358	78	17	can	can	AUX
ftr-358	78	18	finance	finance	VERB
ftr-358	78	19	their	their	PRON
ftr-358	78	20	investment	investment	NOUN
ftr-358	78	21	using	use	VERB
ftr-358	78	22	pretax	pretax	ADJ
ftr-358	78	23	dollars	dollar	NOUN
ftr-358	78	24	,	,	PUNCT
ftr-358	78	25	while	while	SCONJ
ftr-358	78	26	new	new	ADJ
ftr-358	78	27	purchasers	purchaser	NOUN
ftr-358	78	28	must	must	AUX
ftr-358	78	29	finance	finance	VERB
ftr-358	78	30	their	their	PRON
ftr-358	78	31	investment	investment	NOUN
ftr-358	78	32	using	use	VERB
ftr-358	78	33	post	post	ADJ
ftr-358	78	34	-	-	ADJ
ftr-358	78	35	tax	tax	ADJ
ftr-358	78	36	dollars.8	dollars.8	PROPN
ftr-358	78	37	7	7	NUM
ftr-358	78	38	.	.	PUNCT
ftr-358	78	39	another	another	DET
ftr-358	78	40	way	way	NOUN
ftr-358	78	41	to	to	PART
ftr-358	78	42	raise	raise	VERB
ftr-358	78	43	the	the	DET
ftr-358	78	44	funds	fund	NOUN
ftr-358	78	45	necessary	necessary	ADJ
ftr-358	78	46	to	to	PART
ftr-358	78	47	pay	pay	VERB
ftr-358	78	48	the	the	DET
ftr-358	78	49	tax	tax	NOUN
ftr-358	78	50	without	without	ADP
ftr-358	78	51	selling	sell	VERB
ftr-358	78	52	the	the	DET
ftr-358	78	53	property	property	NOUN
ftr-358	78	54	is	be	AUX
ftr-358	78	55	to	to	PART
ftr-358	78	56	borrow	borrow	VERB
ftr-358	78	57	the	the	DET
ftr-358	78	58	necessary	necessary	ADJ
ftr-358	78	59	funds	fund	NOUN
ftr-358	78	60	.	.	PUNCT
ftr-358	79	1	as	as	ADP
ftr-358	79	2	collateral	collateral	NOUN
ftr-358	79	3	,	,	PUNCT
ftr-358	79	4	the	the	DET
ftr-358	79	5	taxpayer	taxpayer	NOUN
ftr-358	79	6	could	could	AUX
ftr-358	79	7	pledge	pledge	VERB
ftr-358	79	8	the	the	DET
ftr-358	79	9	appreciated	appreciated	ADJ
ftr-358	79	10	property	property	NOUN
ftr-358	79	11	:	:	PUNCT
ftr-358	79	12	as	as	ADV
ftr-358	79	13	long	long	ADV
ftr-358	79	14	as	as	SCONJ
ftr-358	79	15	the	the	DET
ftr-358	79	16	tax	tax	NOUN
ftr-358	79	17	rate	rate	NOUN
ftr-358	79	18	is	be	AUX
ftr-358	79	19	less	less	ADJ
ftr-358	79	20	than	than	ADP
ftr-358	79	21	100	100	NUM
ftr-358	79	22	%	%	NOUN
ftr-358	79	23	,	,	PUNCT
ftr-358	79	24	the	the	DET
ftr-358	79	25	property	property	NOUN
ftr-358	79	26	will	will	AUX
ftr-358	79	27	be	be	AUX
ftr-358	79	28	necessarily	necessarily	ADV
ftr-358	79	29	worth	worth	ADJ
ftr-358	79	30	more	more	ADJ
ftr-358	79	31	than	than	ADP
ftr-358	79	32	the	the	DET
ftr-358	79	33	tax	tax	NOUN
ftr-358	79	34	liability	liability	NOUN
ftr-358	79	35	.	.	PUNCT
ftr-358	80	1	nevertheless	nevertheless	ADV
ftr-358	80	2	,	,	PUNCT
ftr-358	80	3	this	this	DET
ftr-358	80	4	solution	solution	NOUN
ftr-358	80	5	is	be	AUX
ftr-358	80	6	problematic	problematic	ADJ
ftr-358	80	7	.	.	PUNCT
ftr-358	81	1	property	property	NOUN
ftr-358	81	2	that	that	PRON
ftr-358	81	3	is	be	AUX
ftr-358	81	4	not	not	PART
ftr-358	81	5	easily	easily	ADV
ftr-358	81	6	marketed	market	VERB
ftr-358	81	7	is	be	AUX
ftr-358	81	8	not	not	PART
ftr-358	81	9	easily	easily	ADV
ftr-358	81	10	borrowed	borrow	VERB
ftr-358	81	11	against	against	ADP
ftr-358	81	12	.	.	PUNCT
ftr-358	82	1	an	an	DET
ftr-358	82	2	obvious	obvious	ADJ
ftr-358	82	3	example	example	NOUN
ftr-358	82	4	is	be	AUX
ftr-358	82	5	human	human	ADJ
ftr-358	82	6	capital	capital	NOUN
ftr-358	82	7	.	.	PUNCT
ftr-358	83	1	a	a	DET
ftr-358	83	2	less	less	ADV
ftr-358	83	3	extreme	extreme	ADJ
ftr-358	83	4	case	case	NOUN
ftr-358	83	5	is	be	AUX
ftr-358	83	6	pension	pension	NOUN
ftr-358	83	7	rights	right	NOUN
ftr-358	83	8	.	.	PUNCT
ftr-358	84	1	when	when	SCONJ
ftr-358	84	2	the	the	DET
ftr-358	84	3	property	property	NOUN
ftr-358	84	4	is	be	AUX
ftr-358	84	5	speculative	speculative	ADJ
ftr-358	84	6	,	,	PUNCT
ftr-358	84	7	leveraging	leverage	VERB
ftr-358	84	8	the	the	DET
ftr-358	84	9	investment	investment	NOUN
ftr-358	84	10	increases	increase	VERB
ftr-358	84	11	the	the	DET
ftr-358	84	12	level	level	NOUN
ftr-358	84	13	of	of	ADP
ftr-358	84	14	risk	risk	NOUN
ftr-358	84	15	of	of	ADP
ftr-358	84	16	holding	hold	VERB
ftr-358	84	17	the	the	DET
ftr-358	84	18	asset	asset	NOUN
ftr-358	84	19	.	.	PUNCT
ftr-358	85	1	andrews	andrews	PROPN
ftr-358	85	2	,	,	PUNCT
ftr-358	85	3	supra	supra	PROPN
ftr-358	85	4	note	note	PROPN
ftr-358	85	5	5	5	NUM
ftr-358	85	6	,	,	PUNCT
ftr-358	85	7	at	at	ADP
ftr-358	85	8	1143	1143	NUM
ftr-358	85	9	.	.	PUNCT
ftr-358	86	1	the	the	DET
ftr-358	86	2	taxpayer	taxpayer	NOUN
ftr-358	86	3	may	may	AUX
ftr-358	86	4	not	not	PART
ftr-358	86	5	be	be	AUX
ftr-358	86	6	willing	willing	ADJ
ftr-358	86	7	to	to	PART
ftr-358	86	8	incur	incur	VERB
ftr-358	86	9	the	the	DET
ftr-358	86	10	additional	additional	ADJ
ftr-358	86	11	risk	risk	NOUN
ftr-358	86	12	.	.	PUNCT
ftr-358	87	1	furthermore	furthermore	ADV
ftr-358	87	2	,	,	PUNCT
ftr-358	87	3	taxpayers	taxpayer	NOUN
ftr-358	87	4	may	may	AUX
ftr-358	87	5	be	be	AUX
ftr-358	87	6	reluctant	reluctant	ADJ
ftr-358	87	7	to	to	PART
ftr-358	87	8	invest	invest	VERB
ftr-358	87	9	in	in	ADP
ftr-358	87	10	speculative	speculative	ADJ
ftr-358	87	11	assets	asset	NOUN
ftr-358	87	12	if	if	SCONJ
ftr-358	87	13	they	they	PRON
ftr-358	87	14	know	know	VERB
ftr-358	87	15	that	that	SCONJ
ftr-358	87	16	the	the	DET
ftr-358	87	17	tax	tax	NOUN
ftr-358	87	18	system	system	NOUN
ftr-358	87	19	might	might	AUX
ftr-358	87	20	force	force	VERB
ftr-358	87	21	them	they	PRON
ftr-358	87	22	to	to	PART
ftr-358	87	23	increase	increase	VERB
ftr-358	87	24	the	the	DET
ftr-358	87	25	level	level	NOUN
ftr-358	87	26	of	of	ADP
ftr-358	87	27	risk	risk	NOUN
ftr-358	87	28	in	in	ADP
ftr-358	87	29	the	the	DET
ftr-358	87	30	future	future	NOUN
ftr-358	87	31	.	.	PUNCT
ftr-358	88	1	in	in	ADP
ftr-358	88	2	effect	effect	NOUN
ftr-358	88	3	,	,	PUNCT
ftr-358	88	4	the	the	DET
ftr-358	88	5	choice	choice	NOUN
ftr-358	88	6	is	be	AUX
ftr-358	88	7	between	between	ADP
ftr-358	88	8	imposing	impose	VERB
ftr-358	88	9	the	the	DET
ftr-358	88	10	burden	burden	NOUN
ftr-358	88	11	of	of	ADP
ftr-358	88	12	financing	finance	VERB
ftr-358	88	13	the	the	DET
ftr-358	88	14	tax	tax	NOUN
ftr-358	88	15	on	on	ADP
ftr-358	88	16	the	the	DET
ftr-358	88	17	unrealized	unrealized	ADJ
ftr-358	88	18	appreciation	appreciation	NOUN
ftr-358	88	19	on	on	ADP
ftr-358	88	20	the	the	DET
ftr-358	88	21	taxpayer	taxpayer	NOUN
ftr-358	88	22	or	or	CCONJ
ftr-358	88	23	on	on	ADP
ftr-358	88	24	the	the	DET
ftr-358	88	25	government	government	NOUN
ftr-358	88	26	.	.	PUNCT
ftr-358	89	1	zelinsky	zelinsky	PROPN
ftr-358	89	2	argued	argue	VERB
ftr-358	89	3	that	that	SCONJ
ftr-358	89	4	imposing	impose	VERB
ftr-358	89	5	the	the	DET
ftr-358	89	6	burden	burden	NOUN
ftr-358	89	7	on	on	ADP
ftr-358	89	8	the	the	DET
ftr-358	89	9	government	government	NOUN
ftr-358	89	10	is	be	AUX
ftr-358	89	11	preferable	preferable	ADJ
ftr-358	89	12	as	as	SCONJ
ftr-358	89	13	its	its	PRON
ftr-358	89	14	borrowing	borrowing	NOUN
ftr-358	89	15	costs	cost	NOUN
ftr-358	89	16	are	be	AUX
ftr-358	89	17	presumably	presumably	ADV
ftr-358	89	18	lower	low	ADJ
ftr-358	89	19	.	.	PUNCT
ftr-358	90	1	edward	edward	PROPN
ftr-358	90	2	a.	a.	PROPN
ftr-358	90	3	zelinsky	zelinsky	PROPN
ftr-358	90	4	,	,	PUNCT
ftr-358	90	5	for	for	ADP
ftr-358	90	6	realization	realization	NOUN
ftr-358	90	7	:	:	PUNCT
ftr-358	90	8	income	income	NOUN
ftr-358	90	9	taxation	taxation	NOUN
ftr-358	90	10	,	,	PUNCT
ftr-358	90	11	sectoral	sectoral	ADJ
ftr-358	90	12	accretionism	accretionism	NOUN
ftr-358	90	13	,	,	PUNCT
ftr-358	90	14	and	and	CCONJ
ftr-358	90	15	the	the	DET
ftr-358	90	16	virtue	virtue	NOUN
ftr-358	90	17	of	of	ADP
ftr-358	90	18	attainable	attainable	ADJ
ftr-358	90	19	virtues	virtue	NOUN
ftr-358	90	20	,	,	PUNCT
ftr-358	90	21	19	19	NUM
ftr-358	90	22	cardozo	cardozo	PROPN
ftr-358	90	23	l.	l.	PROPN
ftr-358	90	24	rev	rev	PROPN
ftr-358	90	25	.	.	PROPN
ftr-358	90	26	861	861	NUM
ftr-358	90	27	,	,	PUNCT
ftr-358	90	28	889–91	889–91	NUM
ftr-358	90	29	(	(	PUNCT
ftr-358	90	30	1997	1997	NUM
ftr-358	90	31	)	)	PUNCT
ftr-358	90	32	.	.	PUNCT
ftr-358	91	1	8	8	X
ftr-358	91	2	.	.	X
ftr-358	91	3	refraining	refrain	VERB
ftr-358	91	4	from	from	ADP
ftr-358	91	5	taxing	tax	VERB
ftr-358	91	6	unrealized	unrealized	ADJ
ftr-358	91	7	gain	gain	NOUN
ftr-358	91	8	violates	violate	VERB
ftr-358	91	9	not	not	PART
ftr-358	91	10	only	only	ADV
ftr-358	91	11	horizontal	horizontal	ADJ
ftr-358	91	12	equity	equity	NOUN
ftr-358	91	13	but	but	CCONJ
ftr-358	91	14	also	also	ADV
ftr-358	91	15	vertical	vertical	ADJ
ftr-358	91	16	equity	equity	NOUN
ftr-358	91	17	as	as	ADP
ftr-358	91	18	capital	capital	NOUN
ftr-358	91	19	gain	gain	NOUN
ftr-358	91	20	is	be	AUX
ftr-358	91	21	heavily	heavily	ADV
ftr-358	91	22	concentrated	concentrated	ADJ
ftr-358	91	23	among	among	ADP
ftr-358	91	24	the	the	DET
ftr-358	91	25	wealthier	wealthy	ADJ
ftr-358	91	26	segments	segment	NOUN
ftr-358	91	27	of	of	ADP
ftr-358	91	28	the	the	DET
ftr-358	91	29	population	population	NOUN
ftr-358	91	30	.	.	PUNCT
ftr-358	92	1	see	see	VERB
ftr-358	92	2	,	,	PUNCT
ftr-358	92	3	e.g.	e.g.	ADV
ftr-358	92	4	,	,	PUNCT
ftr-358	92	5	slawson	slawson	PROPN
ftr-358	92	6	,	,	PUNCT
ftr-358	92	7	supra	supra	NOUN
ftr-358	92	8	note	note	NOUN
ftr-358	92	9	4	4	NUM
ftr-358	92	10	,	,	PUNCT
ftr-358	92	11	at	at	ADP
ftr-358	92	12	629–31	629–31	PROPN
ftr-358	92	13	.	.	PUNCT
ftr-358	93	1	for	for	ADP
ftr-358	93	2	example	example	NOUN
ftr-358	93	3	,	,	PUNCT
ftr-358	93	4	in	in	ADP
ftr-358	93	5	2007	2007	NUM
ftr-358	93	6	,	,	PUNCT
ftr-358	93	7	the	the	DET
ftr-358	93	8	top	top	ADJ
ftr-358	93	9	1	1	NUM
ftr-358	93	10	%	%	NOUN
ftr-358	93	11	of	of	ADP
ftr-358	93	12	the	the	DET
ftr-358	93	13	population	population	NOUN
ftr-358	93	14	owned	own	VERB
ftr-358	93	15	42.7	42.7	NUM
ftr-358	93	16	%	%	NOUN
ftr-358	93	17	of	of	ADP
ftr-358	93	18	the	the	DET
ftr-358	93	19	financial	financial	ADJ
ftr-358	93	20	wealth	wealth	NOUN
ftr-358	93	21	in	in	ADP
ftr-358	93	22	the	the	DET
ftr-358	93	23	united	united	PROPN
ftr-358	93	24	states	states	PROPN
ftr-358	93	25	,	,	PUNCT
ftr-358	93	26	while	while	SCONJ
ftr-358	93	27	the	the	DET
ftr-358	93	28	bottom	bottom	ADJ
ftr-358	93	29	80	80	NUM
ftr-358	93	30	%	%	NOUN
ftr-358	93	31	owned	own	VERB
ftr-358	93	32	a	a	DET
ftr-358	93	33	total	total	NOUN
ftr-358	93	34	of	of	ADP
ftr-358	93	35	7	7	NUM
ftr-358	93	36	%	%	NOUN
ftr-358	93	37	.	.	PUNCT
ftr-358	94	1	g.	g.	PROPN
ftr-358	94	2	william	william	PROPN
ftr-358	94	3	380	380	NUM
ftr-358	94	4	florida	florida	PROPN
ftr-358	94	5	tax	tax	NOUN
ftr-358	94	6	review	review	NOUN
ftr-358	94	7	[	[	X
ftr-358	94	8	vol	vol	NOUN
ftr-358	94	9	.	.	PUNCT
ftr-358	95	1	10:5	10:5	NUM
ftr-358	95	2	nonetheless	nonetheless	ADV
ftr-358	95	3	,	,	PUNCT
ftr-358	95	4	liquidity	liquidity	NOUN
ftr-358	95	5	is	be	AUX
ftr-358	95	6	routinely	routinely	ADV
ftr-358	95	7	touted	tout	VERB
ftr-358	95	8	as	as	ADP
ftr-358	95	9	an	an	DET
ftr-358	95	10	obstacle	obstacle	NOUN
ftr-358	95	11	to	to	ADP
ftr-358	95	12	the	the	DET
ftr-358	95	13	taxation	taxation	NOUN
ftr-358	95	14	of	of	ADP
ftr-358	95	15	unrealized	unrealized	ADJ
ftr-358	95	16	gain	gain	NOUN
ftr-358	95	17	.	.	PUNCT
ftr-358	96	1	the	the	DET
ftr-358	96	2	possible	possible	ADJ
ftr-358	96	3	reasons	reason	NOUN
ftr-358	96	4	are	be	AUX
ftr-358	96	5	as	as	SCONJ
ftr-358	96	6	follows	follow	VERB
ftr-358	96	7	:	:	PUNCT
ftr-358	96	8	1	1	X
ftr-358	96	9	.	.	X
ftr-358	96	10	sentimental	sentimental	ADJ
ftr-358	96	11	attachment	attachment	NOUN
ftr-358	96	12	the	the	DET
ftr-358	96	13	holder	holder	NOUN
ftr-358	96	14	of	of	ADP
ftr-358	96	15	an	an	DET
ftr-358	96	16	asset	asset	NOUN
ftr-358	96	17	may	may	AUX
ftr-358	96	18	develop	develop	VERB
ftr-358	96	19	a	a	DET
ftr-358	96	20	sentimental	sentimental	ADJ
ftr-358	96	21	attachment	attachment	NOUN
ftr-358	96	22	to	to	ADP
ftr-358	96	23	that	that	DET
ftr-358	96	24	asset	asset	NOUN
ftr-358	96	25	,	,	PUNCT
ftr-358	96	26	so	so	SCONJ
ftr-358	96	27	that	that	SCONJ
ftr-358	96	28	for	for	ADP
ftr-358	96	29	the	the	DET
ftr-358	96	30	person	person	NOUN
ftr-358	96	31	concerned	concern	VERB
ftr-358	96	32	the	the	DET
ftr-358	96	33	asset	asset	NOUN
ftr-358	96	34	has	have	AUX
ftr-358	96	35	added	add	VERB
ftr-358	96	36	value	value	NOUN
ftr-358	96	37	beyond	beyond	ADP
ftr-358	96	38	the	the	DET
ftr-358	96	39	objective	objective	ADJ
ftr-358	96	40	economic	economic	ADJ
ftr-358	96	41	value	value	NOUN
ftr-358	96	42	.	.	PUNCT
ftr-358	97	1	obvious	obvious	ADJ
ftr-358	97	2	examples	example	NOUN
ftr-358	97	3	include	include	VERB
ftr-358	97	4	a	a	DET
ftr-358	97	5	home	home	NOUN
ftr-358	97	6	,	,	PUNCT
ftr-358	97	7	a	a	DET
ftr-358	97	8	wedding	wedding	NOUN
ftr-358	97	9	ring	ring	NOUN
ftr-358	97	10	,	,	PUNCT
ftr-358	97	11	and	and	CCONJ
ftr-358	97	12	a	a	DET
ftr-358	97	13	family	family	NOUN
ftr-358	97	14	heirloom	heirloom	NOUN
ftr-358	97	15	.	.	PUNCT
ftr-358	98	1	a	a	DET
ftr-358	98	2	person	person	NOUN
ftr-358	98	3	may	may	AUX
ftr-358	98	4	develop	develop	VERB
ftr-358	98	5	a	a	DET
ftr-358	98	6	sentimental	sentimental	ADJ
ftr-358	98	7	attachment	attachment	NOUN
ftr-358	98	8	not	not	PART
ftr-358	98	9	only	only	ADV
ftr-358	98	10	to	to	ADP
ftr-358	98	11	“	"	PUNCT
ftr-358	98	12	personal	personal	ADJ
ftr-358	98	13	”	"	PUNCT
ftr-358	98	14	assets	asset	NOUN
ftr-358	98	15	,	,	PUNCT
ftr-358	98	16	but	but	CCONJ
ftr-358	98	17	also	also	ADV
ftr-358	98	18	to	to	ADP
ftr-358	98	19	“	"	PUNCT
ftr-358	98	20	commercial	commercial	ADJ
ftr-358	98	21	”	"	PUNCT
ftr-358	98	22	assets	asset	NOUN
ftr-358	98	23	such	such	DET
ftr-358	98	24	a	a	DET
ftr-358	98	25	business	business	NOUN
ftr-358	98	26	that	that	PRON
ftr-358	98	27	the	the	DET
ftr-358	98	28	taxpayer	taxpayer	NOUN
ftr-358	98	29	has	have	AUX
ftr-358	98	30	built	build	VERB
ftr-358	98	31	up	up	ADP
ftr-358	98	32	over	over	ADP
ftr-358	98	33	a	a	DET
ftr-358	98	34	period	period	NOUN
ftr-358	98	35	of	of	ADP
ftr-358	98	36	years	year	NOUN
ftr-358	98	37	.	.	PUNCT
ftr-358	99	1	one	one	NUM
ftr-358	99	2	who	who	PRON
ftr-358	99	3	is	be	AUX
ftr-358	99	4	forced	force	VERB
ftr-358	99	5	to	to	PART
ftr-358	99	6	sell	sell	VERB
ftr-358	99	7	such	such	ADJ
ftr-358	99	8	property	property	NOUN
ftr-358	99	9	in	in	ADP
ftr-358	99	10	order	order	NOUN
ftr-358	99	11	to	to	PART
ftr-358	99	12	pay	pay	VERB
ftr-358	99	13	tax	tax	NOUN
ftr-358	99	14	on	on	ADP
ftr-358	99	15	its	its	PRON
ftr-358	99	16	appreciation	appreciation	NOUN
ftr-358	99	17	is	be	AUX
ftr-358	99	18	not	not	PART
ftr-358	99	19	in	in	ADP
ftr-358	99	20	the	the	DET
ftr-358	99	21	same	same	ADJ
ftr-358	99	22	position	position	NOUN
ftr-358	99	23	as	as	ADP
ftr-358	99	24	one	one	NUM
ftr-358	99	25	who	who	PRON
ftr-358	99	26	is	be	AUX
ftr-358	99	27	unable	unable	ADJ
ftr-358	99	28	to	to	PART
ftr-358	99	29	purchase	purchase	VERB
ftr-358	99	30	the	the	DET
ftr-358	99	31	property	property	NOUN
ftr-358	99	32	,	,	PUNCT
ftr-358	99	33	as	as	SCONJ
ftr-358	99	34	the	the	DET
ftr-358	99	35	forced	force	VERB
ftr-358	99	36	sale	sale	NOUN
ftr-358	99	37	could	could	AUX
ftr-358	99	38	involve	involve	VERB
ftr-358	99	39	significant	significant	ADJ
ftr-358	99	40	psychological	psychological	ADJ
ftr-358	99	41	costs.9	costs.9	NOUN
ftr-358	99	42	2	2	X
ftr-358	99	43	.	.	X
ftr-358	99	44	marketability	marketability	NOUN
ftr-358	99	45	not	not	PART
ftr-358	99	46	all	all	DET
ftr-358	99	47	assets	asset	NOUN
ftr-358	99	48	are	be	AUX
ftr-358	99	49	marketable	marketable	ADJ
ftr-358	99	50	.	.	PUNCT
ftr-358	100	1	examples	example	NOUN
ftr-358	100	2	include	include	VERB
ftr-358	100	3	goodwill	goodwill	NOUN
ftr-358	100	4	,	,	PUNCT
ftr-358	100	5	pension	pension	NOUN
ftr-358	100	6	rights	right	NOUN
ftr-358	100	7	,	,	PUNCT
ftr-358	100	8	and	and	CCONJ
ftr-358	100	9	human	human	ADJ
ftr-358	100	10	capital	capital	NOUN
ftr-358	100	11	.	.	PUNCT
ftr-358	101	1	imposing	impose	VERB
ftr-358	101	2	tax	tax	NOUN
ftr-358	101	3	on	on	ADP
ftr-358	101	4	the	the	DET
ftr-358	101	5	appreciation	appreciation	NOUN
ftr-358	101	6	of	of	ADP
ftr-358	101	7	these	these	DET
ftr-358	101	8	assets	asset	NOUN
ftr-358	101	9	domhoff	domhoff	NOUN
ftr-358	101	10	,	,	PUNCT
ftr-358	101	11	wealth	wealth	NOUN
ftr-358	101	12	,	,	PUNCT
ftr-358	101	13	income	income	NOUN
ftr-358	101	14	,	,	PUNCT
ftr-358	101	15	and	and	CCONJ
ftr-358	101	16	power	power	NOUN
ftr-358	101	17	(	(	PUNCT
ftr-358	101	18	2005	2005	NUM
ftr-358	101	19	)	)	PUNCT
ftr-358	101	20	,	,	PUNCT
ftr-358	101	21	http://sociology.ucsc.edu/whorules	http://sociology.ucsc.edu/whorules	PROPN
ftr-358	101	22	america	america	PROPN
ftr-358	101	23	/	/	SYM
ftr-358	101	24	power	power	PROPN
ftr-358	101	25	/	/	SYM
ftr-358	101	26	wealth.html	wealth.html	ADJ
ftr-358	101	27	.	.	PUNCT
ftr-358	102	1	9	9	X
ftr-358	102	2	.	.	PUNCT
ftr-358	103	1	the	the	DET
ftr-358	103	2	notion	notion	NOUN
ftr-358	103	3	that	that	SCONJ
ftr-358	103	4	forcing	force	VERB
ftr-358	103	5	a	a	DET
ftr-358	103	6	sale	sale	NOUN
ftr-358	103	7	is	be	AUX
ftr-358	103	8	more	more	ADV
ftr-358	103	9	traumatic	traumatic	ADJ
ftr-358	103	10	that	that	SCONJ
ftr-358	103	11	preventing	prevent	VERB
ftr-358	103	12	a	a	DET
ftr-358	103	13	purchase	purchase	NOUN
ftr-358	103	14	is	be	AUX
ftr-358	103	15	particularly	particularly	ADV
ftr-358	103	16	significant	significant	ADJ
ftr-358	103	17	in	in	ADP
ftr-358	103	18	the	the	DET
ftr-358	103	19	public	public	ADJ
ftr-358	103	20	discourse	discourse	NOUN
ftr-358	103	21	regarding	regard	VERB
ftr-358	103	22	property	property	NOUN
ftr-358	103	23	taxes	taxis	NOUN
ftr-358	103	24	.	.	PUNCT
ftr-358	104	1	whether	whether	SCONJ
ftr-358	104	2	or	or	CCONJ
ftr-358	104	3	not	not	PART
ftr-358	104	4	it	it	PRON
ftr-358	104	5	has	have	VERB
ftr-358	104	6	any	any	DET
ftr-358	104	7	basis	basis	NOUN
ftr-358	104	8	in	in	ADP
ftr-358	104	9	economic	economic	ADJ
ftr-358	104	10	theory	theory	NOUN
ftr-358	104	11	,	,	PUNCT
ftr-358	104	12	the	the	DET
ftr-358	104	13	idea	idea	NOUN
ftr-358	104	14	that	that	SCONJ
ftr-358	104	15	people	people	NOUN
ftr-358	104	16	should	should	AUX
ftr-358	104	17	not	not	PART
ftr-358	104	18	be	be	AUX
ftr-358	104	19	forced	force	VERB
ftr-358	104	20	to	to	PART
ftr-358	104	21	sell	sell	VERB
ftr-358	104	22	property	property	NOUN
ftr-358	104	23	in	in	ADP
ftr-358	104	24	order	order	NOUN
ftr-358	104	25	to	to	PART
ftr-358	104	26	pay	pay	VERB
ftr-358	104	27	their	their	PRON
ftr-358	104	28	property	property	NOUN
ftr-358	104	29	tax	tax	NOUN
ftr-358	104	30	is	be	AUX
ftr-358	104	31	widespread	widespread	ADJ
ftr-358	104	32	.	.	PUNCT
ftr-358	105	1	as	as	SCONJ
ftr-358	105	2	noted	note	VERB
ftr-358	105	3	by	by	ADP
ftr-358	105	4	radin	radin	PROPN
ftr-358	105	5	:	:	PUNCT
ftr-358	105	6	“	"	PUNCT
ftr-358	105	7	the	the	DET
ftr-358	105	8	successful	successful	ADJ
ftr-358	105	9	argument	argument	NOUN
ftr-358	105	10	in	in	ADP
ftr-358	105	11	recent	recent	ADJ
ftr-358	105	12	tax	tax	NOUN
ftr-358	105	13	limitation	limitation	NOUN
ftr-358	105	14	initiatives	initiative	NOUN
ftr-358	105	15	has	have	AUX
ftr-358	105	16	been	be	AUX
ftr-358	105	17	the	the	DET
ftr-358	105	18	appeal	appeal	NOUN
ftr-358	105	19	to	to	PART
ftr-358	105	20	save	save	VERB
ftr-358	105	21	longtime	longtime	ADJ
ftr-358	105	22	homeowners	homeowner	NOUN
ftr-358	105	23	from	from	ADP
ftr-358	105	24	losing	lose	VERB
ftr-358	105	25	their	their	PRON
ftr-358	105	26	homes	home	NOUN
ftr-358	105	27	because	because	SCONJ
ftr-358	105	28	of	of	ADP
ftr-358	105	29	property	property	NOUN
ftr-358	105	30	tax	tax	NOUN
ftr-358	105	31	increases	increase	NOUN
ftr-358	105	32	.	.	PUNCT
ftr-358	105	33	”	"	PUNCT
ftr-358	106	1	margaret	margaret	PROPN
ftr-358	106	2	jane	jane	PROPN
ftr-358	106	3	radin	radin	PROPN
ftr-358	106	4	,	,	PUNCT
ftr-358	106	5	reinterpreting	reinterpret	VERB
ftr-358	106	6	property	property	NOUN
ftr-358	106	7	228	228	NUM
ftr-358	106	8	(	(	PUNCT
ftr-358	106	9	1993	1993	NUM
ftr-358	106	10	)	)	PUNCT
ftr-358	106	11	.	.	PUNCT
ftr-358	107	1	see	see	VERB
ftr-358	107	2	also	also	ADV
ftr-358	107	3	nordlinger	nordlinger	ADJ
ftr-358	108	1	v.	v.	PROPN
ftr-358	108	2	hahn	hahn	PROPN
ftr-358	108	3	,	,	PUNCT
ftr-358	108	4	505	505	NUM
ftr-358	108	5	u.s	u.s	PROPN
ftr-358	108	6	.	.	PROPN
ftr-358	108	7	1	1	NUM
ftr-358	108	8	(	(	PUNCT
ftr-358	108	9	1992	1992	NUM
ftr-358	108	10	)	)	PUNCT
ftr-358	108	11	,	,	PUNCT
ftr-358	108	12	upholding	uphold	VERB
ftr-358	108	13	the	the	DET
ftr-358	108	14	constitutionality	constitutionality	NOUN
ftr-358	108	15	of	of	ADP
ftr-358	108	16	california	california	PROPN
ftr-358	108	17	’s	’s	PART
ftr-358	108	18	proposition	proposition	NOUN
ftr-358	108	19	13	13	NUM
ftr-358	108	20	,	,	PUNCT
ftr-358	108	21	which	which	PRON
ftr-358	108	22	bases	base	VERB
ftr-358	108	23	property	property	NOUN
ftr-358	108	24	tax	tax	NOUN
ftr-358	108	25	assessment	assessment	NOUN
ftr-358	108	26	on	on	ADP
ftr-358	108	27	the	the	DET
ftr-358	108	28	value	value	NOUN
ftr-358	108	29	of	of	ADP
ftr-358	108	30	property	property	NOUN
ftr-358	108	31	at	at	ADP
ftr-358	108	32	the	the	DET
ftr-358	108	33	time	time	NOUN
ftr-358	108	34	of	of	ADP
ftr-358	108	35	purchase	purchase	NOUN
ftr-358	108	36	and	and	CCONJ
ftr-358	108	37	,	,	PUNCT
ftr-358	108	38	as	as	ADP
ftr-358	108	39	a	a	DET
ftr-358	108	40	consequence	consequence	NOUN
ftr-358	108	41	,	,	PUNCT
ftr-358	108	42	during	during	ADP
ftr-358	108	43	periods	period	NOUN
ftr-358	108	44	of	of	ADP
ftr-358	108	45	rising	rise	VERB
ftr-358	108	46	property	property	NOUN
ftr-358	108	47	values	value	NOUN
ftr-358	108	48	places	place	VERB
ftr-358	108	49	a	a	DET
ftr-358	108	50	much	much	ADV
ftr-358	108	51	greater	great	ADJ
ftr-358	108	52	tax	tax	NOUN
ftr-358	108	53	burden	burden	NOUN
ftr-358	108	54	on	on	ADP
ftr-358	108	55	more	more	ADV
ftr-358	108	56	recent	recent	ADJ
ftr-358	108	57	purchasers	purchaser	NOUN
ftr-358	108	58	:	:	PUNCT
ftr-358	108	59	a	a	DET
ftr-358	108	60	new	new	ADJ
ftr-358	108	61	owner	owner	NOUN
ftr-358	108	62	has	have	VERB
ftr-358	108	63	full	full	ADJ
ftr-358	108	64	information	information	NOUN
ftr-358	108	65	about	about	ADP
ftr-358	108	66	the	the	DET
ftr-358	108	67	scope	scope	NOUN
ftr-358	108	68	of	of	ADP
ftr-358	108	69	future	future	ADJ
ftr-358	108	70	tax	tax	NOUN
ftr-358	108	71	liability	liability	NOUN
ftr-358	108	72	before	before	ADP
ftr-358	108	73	acquiring	acquire	VERB
ftr-358	108	74	the	the	DET
ftr-358	108	75	property	property	NOUN
ftr-358	108	76	,	,	PUNCT
ftr-358	108	77	and	and	CCONJ
ftr-358	108	78	if	if	SCONJ
ftr-358	108	79	he	he	PRON
ftr-358	108	80	thinks	think	VERB
ftr-358	108	81	the	the	DET
ftr-358	108	82	future	future	ADJ
ftr-358	108	83	tax	tax	NOUN
ftr-358	108	84	burden	burden	NOUN
ftr-358	108	85	is	be	AUX
ftr-358	108	86	too	too	ADV
ftr-358	108	87	demanding	demanding	ADJ
ftr-358	108	88	,	,	PUNCT
ftr-358	108	89	he	he	PRON
ftr-358	108	90	can	can	AUX
ftr-358	108	91	decide	decide	VERB
ftr-358	108	92	not	not	PART
ftr-358	108	93	to	to	PART
ftr-358	108	94	complete	complete	VERB
ftr-358	108	95	the	the	DET
ftr-358	108	96	purchase	purchase	NOUN
ftr-358	108	97	at	at	ADV
ftr-358	108	98	all	all	ADV
ftr-358	108	99	.	.	PUNCT
ftr-358	109	1	by	by	ADP
ftr-358	109	2	contrast	contrast	NOUN
ftr-358	109	3	,	,	PUNCT
ftr-358	109	4	the	the	DET
ftr-358	109	5	existing	exist	VERB
ftr-358	109	6	owner	owner	NOUN
ftr-358	109	7	,	,	PUNCT
ftr-358	109	8	already	already	ADV
ftr-358	109	9	saddled	saddle	VERB
ftr-358	109	10	with	with	ADP
ftr-358	109	11	his	his	PRON
ftr-358	109	12	purchase	purchase	NOUN
ftr-358	109	13	,	,	PUNCT
ftr-358	109	14	does	do	AUX
ftr-358	109	15	not	not	PART
ftr-358	109	16	have	have	VERB
ftr-358	109	17	the	the	DET
ftr-358	109	18	option	option	NOUN
ftr-358	109	19	of	of	ADP
ftr-358	109	20	deciding	decide	VERB
ftr-358	109	21	not	not	PART
ftr-358	109	22	to	to	PART
ftr-358	109	23	buy	buy	VERB
ftr-358	109	24	his	his	PRON
ftr-358	109	25	home	home	NOUN
ftr-358	109	26	if	if	SCONJ
ftr-358	109	27	taxes	taxis	NOUN
ftr-358	109	28	become	become	VERB
ftr-358	109	29	prohibitively	prohibitively	ADV
ftr-358	109	30	high	high	ADJ
ftr-358	109	31	.	.	PUNCT
ftr-358	110	1	to	to	PART
ftr-358	110	2	meet	meet	VERB
ftr-358	110	3	his	his	PRON
ftr-358	110	4	tax	tax	NOUN
ftr-358	110	5	obligations	obligation	NOUN
ftr-358	110	6	,	,	PUNCT
ftr-358	110	7	he	he	PRON
ftr-358	110	8	might	might	AUX
ftr-358	110	9	be	be	AUX
ftr-358	110	10	forced	force	VERB
ftr-358	110	11	to	to	PART
ftr-358	110	12	sell	sell	VERB
ftr-358	110	13	his	his	PRON
ftr-358	110	14	home	home	NOUN
ftr-358	110	15	or	or	CCONJ
ftr-358	110	16	to	to	PART
ftr-358	110	17	divert	divert	VERB
ftr-358	110	18	his	his	PRON
ftr-358	110	19	income	income	NOUN
ftr-358	110	20	away	away	ADV
ftr-358	110	21	from	from	ADP
ftr-358	110	22	the	the	DET
ftr-358	110	23	purchase	purchase	NOUN
ftr-358	110	24	of	of	ADP
ftr-358	110	25	food	food	NOUN
ftr-358	110	26	,	,	PUNCT
ftr-358	110	27	clothing	clothing	NOUN
ftr-358	110	28	,	,	PUNCT
ftr-358	110	29	and	and	CCONJ
ftr-358	110	30	other	other	ADJ
ftr-358	110	31	necessities	necessity	NOUN
ftr-358	110	32	.	.	PUNCT
ftr-358	111	1	in	in	ADP
ftr-358	111	2	short	short	ADJ
ftr-358	111	3	,	,	PUNCT
ftr-358	111	4	the	the	DET
ftr-358	111	5	state	state	NOUN
ftr-358	111	6	may	may	AUX
ftr-358	111	7	decide	decide	VERB
ftr-358	111	8	that	that	SCONJ
ftr-358	111	9	it	it	PRON
ftr-358	111	10	is	be	AUX
ftr-358	111	11	worse	bad	ADJ
ftr-358	111	12	to	to	PART
ftr-358	111	13	have	have	AUX
ftr-358	111	14	owned	own	VERB
ftr-358	111	15	and	and	CCONJ
ftr-358	111	16	lost	lose	VERB
ftr-358	111	17	,	,	PUNCT
ftr-358	111	18	than	than	SCONJ
ftr-358	111	19	never	never	ADV
ftr-358	111	20	to	to	PART
ftr-358	111	21	have	have	AUX
ftr-358	111	22	owned	own	VERB
ftr-358	111	23	at	at	ADV
ftr-358	111	24	all	all	ADV
ftr-358	111	25	.	.	PUNCT
ftr-358	112	1	i	i	PRON
ftr-358	112	2	d.	d.	PROPN
ftr-358	112	3	at	at	ADP
ftr-358	112	4	13	13	NUM
ftr-358	112	5	(	(	PUNCT
ftr-358	112	6	emphasis	emphasis	NOUN
ftr-358	112	7	added	add	VERB
ftr-358	112	8	)	)	PUNCT
ftr-358	112	9	.	.	PUNCT
ftr-358	113	1	2010	2010	NUM
ftr-358	113	2	]	]	PUNCT
ftr-358	113	3	the	the	DET
ftr-358	113	4	myth	myth	NOUN
ftr-358	113	5	of	of	ADP
ftr-358	113	6	realization	realization	NOUN
ftr-358	113	7	:	:	PUNCT
ftr-358	113	8	mark	mark	NOUN
ftr-358	113	9	-	-	PUNCT
ftr-358	113	10	to	to	ADP
ftr-358	113	11	-	-	PUNCT
ftr-358	113	12	market	market	NOUN
ftr-358	113	13	taxation	taxation	NOUN
ftr-358	113	14	381	381	NUM
ftr-358	113	15	could	could	AUX
ftr-358	113	16	force	force	VERB
ftr-358	113	17	a	a	DET
ftr-358	113	18	taxpayer	taxpayer	NOUN
ftr-358	113	19	into	into	ADP
ftr-358	113	20	bankruptcy	bankruptcy	NOUN
ftr-358	113	21	even	even	ADV
ftr-358	113	22	though	though	SCONJ
ftr-358	113	23	she	she	PRON
ftr-358	113	24	is	be	AUX
ftr-358	113	25	solvent	solvent	ADJ
ftr-358	113	26	in	in	ADP
ftr-358	113	27	the	the	DET
ftr-358	113	28	sense	sense	NOUN
ftr-358	113	29	that	that	SCONJ
ftr-358	113	30	the	the	DET
ftr-358	113	31	value	value	NOUN
ftr-358	113	32	of	of	ADP
ftr-358	113	33	her	her	PRON
ftr-358	113	34	assets	asset	NOUN
ftr-358	113	35	is	be	AUX
ftr-358	113	36	greater	great	ADJ
ftr-358	113	37	than	than	ADP
ftr-358	113	38	the	the	DET
ftr-358	113	39	amount	amount	NOUN
ftr-358	113	40	of	of	ADP
ftr-358	113	41	her	her	PRON
ftr-358	113	42	liabilities	liability	NOUN
ftr-358	113	43	.	.	PUNCT
ftr-358	114	1	3	3	X
ftr-358	114	2	.	.	X
ftr-358	114	3	transaction	transaction	NOUN
ftr-358	114	4	costs	cost	VERB
ftr-358	114	5	other	other	ADJ
ftr-358	114	6	assets	asset	NOUN
ftr-358	114	7	,	,	PUNCT
ftr-358	114	8	although	although	SCONJ
ftr-358	114	9	marketable	marketable	ADJ
ftr-358	114	10	in	in	ADP
ftr-358	114	11	principle	principle	NOUN
ftr-358	114	12	,	,	PUNCT
ftr-358	114	13	can	can	AUX
ftr-358	114	14	not	not	PART
ftr-358	114	15	be	be	AUX
ftr-358	114	16	sold	sell	VERB
ftr-358	114	17	without	without	ADP
ftr-358	114	18	incurring	incur	VERB
ftr-358	114	19	significant	significant	ADJ
ftr-358	114	20	transaction	transaction	NOUN
ftr-358	114	21	costs	cost	NOUN
ftr-358	114	22	.	.	PUNCT
ftr-358	115	1	for	for	ADP
ftr-358	115	2	example	example	NOUN
ftr-358	115	3	,	,	PUNCT
ftr-358	115	4	consider	consider	VERB
ftr-358	115	5	the	the	DET
ftr-358	115	6	land	land	NOUN
ftr-358	115	7	upon	upon	SCONJ
ftr-358	115	8	which	which	PRON
ftr-358	115	9	a	a	DET
ftr-358	115	10	business	business	NOUN
ftr-358	115	11	is	be	AUX
ftr-358	115	12	located	locate	VERB
ftr-358	115	13	.	.	PUNCT
ftr-358	116	1	abandoning	abandon	VERB
ftr-358	116	2	the	the	DET
ftr-358	116	3	realization	realization	NOUN
ftr-358	116	4	principle	principle	NOUN
ftr-358	116	5	would	would	AUX
ftr-358	116	6	require	require	VERB
ftr-358	116	7	the	the	DET
ftr-358	116	8	owner	owner	NOUN
ftr-358	116	9	each	each	DET
ftr-358	116	10	year	year	NOUN
ftr-358	116	11	to	to	PART
ftr-358	116	12	pay	pay	VERB
ftr-358	116	13	the	the	DET
ftr-358	116	14	government	government	NOUN
ftr-358	116	15	its	its	PRON
ftr-358	116	16	share	share	NOUN
ftr-358	116	17	of	of	ADP
ftr-358	116	18	any	any	DET
ftr-358	116	19	appreciation	appreciation	NOUN
ftr-358	116	20	in	in	ADP
ftr-358	116	21	the	the	DET
ftr-358	116	22	value	value	NOUN
ftr-358	116	23	of	of	ADP
ftr-358	116	24	the	the	DET
ftr-358	116	25	land	land	NOUN
ftr-358	116	26	.	.	PUNCT
ftr-358	117	1	if	if	SCONJ
ftr-358	117	2	the	the	DET
ftr-358	117	3	necessary	necessary	ADJ
ftr-358	117	4	funds	fund	NOUN
ftr-358	117	5	were	be	AUX
ftr-358	117	6	not	not	PART
ftr-358	117	7	available	available	ADJ
ftr-358	117	8	,	,	PUNCT
ftr-358	117	9	the	the	DET
ftr-358	117	10	owner	owner	NOUN
ftr-358	117	11	might	might	AUX
ftr-358	117	12	be	be	AUX
ftr-358	117	13	forced	force	VERB
ftr-358	117	14	to	to	PART
ftr-358	117	15	sell	sell	VERB
ftr-358	117	16	the	the	DET
ftr-358	117	17	land	land	NOUN
ftr-358	117	18	and	and	CCONJ
ftr-358	117	19	move	move	VERB
ftr-358	117	20	the	the	DET
ftr-358	117	21	business	business	NOUN
ftr-358	117	22	elsewhere	elsewhere	ADV
ftr-358	117	23	,	,	PUNCT
ftr-358	117	24	along	along	ADP
ftr-358	117	25	with	with	ADP
ftr-358	117	26	all	all	DET
ftr-358	117	27	that	that	PRON
ftr-358	117	28	such	such	DET
ftr-358	117	29	a	a	DET
ftr-358	117	30	move	move	NOUN
ftr-358	117	31	would	would	AUX
ftr-358	117	32	entail	entail	VERB
ftr-358	117	33	—	—	PUNCT
ftr-358	117	34	locating	locate	VERB
ftr-358	117	35	substitute	substitute	NOUN
ftr-358	117	36	property	property	NOUN
ftr-358	117	37	,	,	PUNCT
ftr-358	117	38	perhaps	perhaps	ADV
ftr-358	117	39	assembling	assemble	VERB
ftr-358	117	40	a	a	DET
ftr-358	117	41	new	new	ADJ
ftr-358	117	42	workforce	workforce	NOUN
ftr-358	117	43	,	,	PUNCT
ftr-358	117	44	building	build	VERB
ftr-358	117	45	up	up	ADP
ftr-358	117	46	new	new	ADJ
ftr-358	117	47	clientele	clientele	NOUN
ftr-358	117	48	,	,	PUNCT
ftr-358	117	49	and	and	CCONJ
ftr-358	117	50	so	so	ADV
ftr-358	117	51	forth	forth	ADV
ftr-358	117	52	.	.	PUNCT
ftr-358	118	1	economic	economic	ADJ
ftr-358	118	2	resources	resource	NOUN
ftr-358	118	3	would	would	AUX
ftr-358	118	4	be	be	AUX
ftr-358	118	5	wasted	waste	VERB
ftr-358	118	6	,	,	PUNCT
ftr-358	118	7	to	to	ADP
ftr-358	118	8	the	the	DET
ftr-358	118	9	detriment	detriment	NOUN
ftr-358	118	10	of	of	ADP
ftr-358	118	11	both	both	CCONJ
ftr-358	118	12	the	the	DET
ftr-358	118	13	taxpayer	taxpayer	NOUN
ftr-358	118	14	individually	individually	ADV
ftr-358	118	15	and	and	CCONJ
ftr-358	118	16	the	the	DET
ftr-358	118	17	economy	economy	NOUN
ftr-358	118	18	as	as	ADP
ftr-358	118	19	a	a	DET
ftr-358	118	20	whole	whole	NOUN
ftr-358	118	21	.	.	PUNCT
ftr-358	119	1	it	it	PRON
ftr-358	119	2	should	should	AUX
ftr-358	119	3	be	be	AUX
ftr-358	119	4	added	add	VERB
ftr-358	119	5	that	that	SCONJ
ftr-358	119	6	the	the	DET
ftr-358	119	7	imposition	imposition	NOUN
ftr-358	119	8	of	of	ADP
ftr-358	119	9	tax	tax	NOUN
ftr-358	119	10	on	on	ADP
ftr-358	119	11	unrealized	unrealized	ADJ
ftr-358	119	12	appreciation	appreciation	NOUN
ftr-358	119	13	might	might	AUX
ftr-358	119	14	dissuade	dissuade	VERB
ftr-358	119	15	taxpayers	taxpayer	NOUN
ftr-358	119	16	from	from	ADP
ftr-358	119	17	investing	invest	VERB
ftr-358	119	18	in	in	ADP
ftr-358	119	19	assets	asset	NOUN
ftr-358	119	20	which	which	PRON
ftr-358	119	21	can	can	AUX
ftr-358	119	22	not	not	PART
ftr-358	119	23	easily	easily	ADV
ftr-358	119	24	be	be	AUX
ftr-358	119	25	converted	convert	VERB
ftr-358	119	26	into	into	ADP
ftr-358	119	27	cash	cash	NOUN
ftr-358	119	28	.	.	PUNCT
ftr-358	120	1	the	the	DET
ftr-358	120	2	fear	fear	NOUN
ftr-358	120	3	itself	itself	PRON
ftr-358	120	4	could	could	AUX
ftr-358	120	5	prevent	prevent	VERB
ftr-358	120	6	economic	economic	ADJ
ftr-358	120	7	resources	resource	NOUN
ftr-358	120	8	from	from	ADP
ftr-358	120	9	being	be	AUX
ftr-358	120	10	directed	direct	VERB
ftr-358	120	11	to	to	ADP
ftr-358	120	12	their	their	PRON
ftr-358	120	13	most	most	ADV
ftr-358	120	14	efficient	efficient	ADJ
ftr-358	120	15	uses	use	NOUN
ftr-358	120	16	.	.	PUNCT
ftr-358	121	1	b.	b.	PROPN
ftr-358	121	2	valuation	valuation	PROPN
ftr-358	121	3	unrealized	unrealize	VERB
ftr-358	121	4	gain	gain	NOUN
ftr-358	121	5	can	can	AUX
ftr-358	121	6	not	not	PART
ftr-358	121	7	be	be	AUX
ftr-358	121	8	taxed	tax	VERB
ftr-358	121	9	without	without	ADP
ftr-358	121	10	periodic	periodic	ADJ
ftr-358	121	11	valuation	valuation	NOUN
ftr-358	121	12	of	of	ADP
ftr-358	121	13	assets.10	assets.10	NOUN
ftr-358	121	14	such	such	DET
ftr-358	121	15	a	a	DET
ftr-358	121	16	tax	tax	NOUN
ftr-358	121	17	regime	regime	NOUN
ftr-358	121	18	would	would	AUX
ftr-358	121	19	require	require	VERB
ftr-358	121	20	taxpayers	taxpayer	NOUN
ftr-358	121	21	,	,	PUNCT
ftr-358	121	22	their	their	PRON
ftr-358	121	23	advisors	advisor	NOUN
ftr-358	121	24	,	,	PUNCT
ftr-358	121	25	the	the	DET
ftr-358	121	26	government	government	NOUN
ftr-358	121	27	,	,	PUNCT
ftr-358	121	28	and	and	CCONJ
ftr-358	121	29	the	the	DET
ftr-358	121	30	courts	court	NOUN
ftr-358	121	31	to	to	PART
ftr-358	121	32	devote	devote	VERB
ftr-358	121	33	considerable	considerable	ADJ
ftr-358	121	34	resources	resource	NOUN
ftr-358	121	35	to	to	ADP
ftr-358	121	36	property	property	NOUN
ftr-358	121	37	valuation	valuation	NOUN
ftr-358	121	38	,	,	PUNCT
ftr-358	121	39	and	and	CCONJ
ftr-358	121	40	even	even	ADV
ftr-358	121	41	then	then	ADV
ftr-358	121	42	there	there	PRON
ftr-358	121	43	is	be	VERB
ftr-358	121	44	no	no	DET
ftr-358	121	45	guarantee	guarantee	NOUN
ftr-358	121	46	that	that	SCONJ
ftr-358	121	47	the	the	DET
ftr-358	121	48	evaluation	evaluation	NOUN
ftr-358	121	49	arrived	arrive	VERB
ftr-358	121	50	at	at	ADP
ftr-358	121	51	would	would	AUX
ftr-358	121	52	equal	equal	VERB
ftr-358	121	53	the	the	DET
ftr-358	121	54	actual	actual	ADJ
ftr-358	121	55	economic	economic	ADJ
ftr-358	121	56	value	value	NOUN
ftr-358	121	57	of	of	ADP
ftr-358	121	58	the	the	DET
ftr-358	121	59	asset	asset	NOUN
ftr-358	121	60	.	.	PUNCT
ftr-358	122	1	it	it	PRON
ftr-358	122	2	is	be	AUX
ftr-358	122	3	highly	highly	ADV
ftr-358	122	4	doubtful	doubtful	ADJ
ftr-358	122	5	whether	whether	SCONJ
ftr-358	122	6	the	the	DET
ftr-358	122	7	advantages	advantage	NOUN
ftr-358	122	8	of	of	ADP
ftr-358	122	9	accrual	accrual	ADJ
ftr-358	122	10	taxation	taxation	NOUN
ftr-358	122	11	are	be	AUX
ftr-358	122	12	worth	worth	ADJ
ftr-358	122	13	the	the	DET
ftr-358	122	14	cost.11	cost.11	NOUN
ftr-358	122	15	furthermore	furthermore	ADV
ftr-358	122	16	,	,	PUNCT
ftr-358	122	17	for	for	ADP
ftr-358	122	18	certain	certain	ADJ
ftr-358	122	19	assets	asset	NOUN
ftr-358	122	20	—	—	PUNCT
ftr-358	122	21	such	such	ADJ
ftr-358	122	22	as	as	ADP
ftr-358	122	23	goodwill	goodwill	NOUN
ftr-358	122	24	or	or	CCONJ
ftr-358	122	25	human	human	ADJ
ftr-358	122	26	capital	capital	NOUN
ftr-358	122	27	(	(	PUNCT
ftr-358	122	28	i.e.	i.e.	X
ftr-358	122	29	capitalized	capitalize	VERB
ftr-358	122	30	future	future	NOUN
ftr-358	122	31	earning	earn	VERB
ftr-358	122	32	power)—any	power)—any	PROPN
ftr-358	122	33	attempt	attempt	VERB
ftr-358	122	34	to	to	PART
ftr-358	122	35	quantify	quantify	VERB
ftr-358	122	36	their	their	PRON
ftr-358	122	37	value	value	NOUN
ftr-358	122	38	is	be	AUX
ftr-358	122	39	an	an	DET
ftr-358	122	40	exercise	exercise	NOUN
ftr-358	122	41	in	in	ADP
ftr-358	122	42	futility	futility	NOUN
ftr-358	122	43	.	.	PUNCT
ftr-358	123	1	c.	c.	NOUN
ftr-358	124	1	the	the	DET
ftr-358	124	2	realization	realization	NOUN
ftr-358	124	3	principle	principle	NOUN
ftr-358	124	4	due	due	ADP
ftr-358	124	5	to	to	ADP
ftr-358	124	6	the	the	DET
ftr-358	124	7	problems	problem	NOUN
ftr-358	124	8	of	of	ADP
ftr-358	124	9	liquidity	liquidity	NOUN
ftr-358	124	10	and	and	CCONJ
ftr-358	124	11	valuation	valuation	NOUN
ftr-358	124	12	,	,	PUNCT
ftr-358	124	13	the	the	DET
ftr-358	124	14	taxation	taxation	NOUN
ftr-358	124	15	of	of	ADP
ftr-358	124	16	gain	gain	NOUN
ftr-358	124	17	is	be	AUX
ftr-358	124	18	typically	typically	ADV
ftr-358	124	19	deferred	defer	VERB
ftr-358	124	20	until	until	SCONJ
ftr-358	124	21	the	the	DET
ftr-358	124	22	asset	asset	NOUN
ftr-358	124	23	is	be	AUX
ftr-358	124	24	sold	sell	VERB
ftr-358	124	25	.	.	PUNCT
ftr-358	125	1	at	at	ADP
ftr-358	125	2	that	that	DET
ftr-358	125	3	point	point	NOUN
ftr-358	125	4	,	,	PUNCT
ftr-358	125	5	it	it	PRON
ftr-358	125	6	is	be	AUX
ftr-358	125	7	no	no	ADV
ftr-358	125	8	longer	long	ADV
ftr-358	125	9	necessary	necessary	ADJ
ftr-358	125	10	to	to	PART
ftr-358	125	11	estimate	estimate	VERB
ftr-358	125	12	the	the	DET
ftr-358	125	13	value	value	NOUN
ftr-358	125	14	of	of	ADP
ftr-358	125	15	the	the	DET
ftr-358	125	16	asset	asset	NOUN
ftr-358	125	17	.	.	PUNCT
ftr-358	126	1	in	in	ADP
ftr-358	126	2	addition	addition	NOUN
ftr-358	126	3	,	,	PUNCT
ftr-358	126	4	as	as	ADP
ftr-358	126	5	the	the	DET
ftr-358	126	6	taxpayer	taxpayer	NOUN
ftr-358	126	7	10	10	NUM
ftr-358	126	8	.	.	PUNCT
ftr-358	127	1	see	see	VERB
ftr-358	127	2	,	,	PUNCT
ftr-358	127	3	e.g.	e.g.	ADV
ftr-358	127	4	,	,	PUNCT
ftr-358	127	5	louie	louie	PROPN
ftr-358	127	6	,	,	PUNCT
ftr-358	127	7	supra	supra	PROPN
ftr-358	127	8	note	note	AUX
ftr-358	127	9	4	4	NUM
ftr-358	127	10	,	,	PUNCT
ftr-358	127	11	at	at	ADP
ftr-358	127	12	865	865	NUM
ftr-358	127	13	.	.	PUNCT
ftr-358	127	14	11	11	NUM
ftr-358	127	15	.	.	PUNCT
ftr-358	128	1	as	as	ADP
ftr-358	128	2	examples	example	NOUN
ftr-358	128	3	of	of	ADP
ftr-358	128	4	taxes	taxis	NOUN
ftr-358	128	5	requiring	require	VERB
ftr-358	128	6	asset	asset	NOUN
ftr-358	128	7	valuation	valuation	NOUN
ftr-358	128	8	,	,	PUNCT
ftr-358	128	9	zelinsky	zelinsky	PROPN
ftr-358	128	10	mentions	mention	VERB
ftr-358	128	11	the	the	DET
ftr-358	128	12	estate	estate	NOUN
ftr-358	128	13	tax	tax	NOUN
ftr-358	128	14	and	and	CCONJ
ftr-358	128	15	property	property	NOUN
ftr-358	128	16	taxes	taxis	NOUN
ftr-358	128	17	.	.	PUNCT
ftr-358	129	1	he	he	PRON
ftr-358	129	2	claims	claim	VERB
ftr-358	129	3	that	that	SCONJ
ftr-358	129	4	the	the	DET
ftr-358	129	5	degree	degree	NOUN
ftr-358	129	6	of	of	ADP
ftr-358	129	7	accuracy	accuracy	NOUN
ftr-358	129	8	of	of	ADP
ftr-358	129	9	the	the	DET
ftr-358	129	10	valuations	valuation	NOUN
ftr-358	129	11	obtained	obtain	VERB
ftr-358	129	12	in	in	ADP
ftr-358	129	13	the	the	DET
ftr-358	129	14	implementation	implementation	NOUN
ftr-358	129	15	of	of	ADP
ftr-358	129	16	those	those	DET
ftr-358	129	17	taxes	taxis	NOUN
ftr-358	129	18	is	be	AUX
ftr-358	129	19	highly	highly	ADV
ftr-358	129	20	questionable	questionable	ADJ
ftr-358	129	21	.	.	PUNCT
ftr-358	130	1	zelinsky	zelinsky	ADJ
ftr-358	130	2	,	,	PUNCT
ftr-358	130	3	supra	supra	ADJ
ftr-358	130	4	note	note	NOUN
ftr-358	130	5	7	7	NUM
ftr-358	130	6	,	,	PUNCT
ftr-358	130	7	at	at	ADP
ftr-358	130	8	881–82	881–82	NUM
ftr-358	130	9	and	and	CCONJ
ftr-358	130	10	sources	source	NOUN
ftr-358	130	11	cited	cite	VERB
ftr-358	130	12	therein	therein	ADV
ftr-358	130	13	.	.	PUNCT
ftr-358	131	1	382	382	NUM
ftr-358	131	2	florida	florida	PROPN
ftr-358	131	3	tax	tax	NOUN
ftr-358	131	4	review	review	NOUN
ftr-358	131	5	[	[	X
ftr-358	131	6	vol	vol	NOUN
ftr-358	131	7	.	.	PUNCT
ftr-358	132	1	10:5	10:5	NUM
ftr-358	132	2	typically	typically	ADV
ftr-358	132	3	receives	receive	VERB
ftr-358	132	4	cash	cash	NOUN
ftr-358	132	5	in	in	ADP
ftr-358	132	6	exchange	exchange	NOUN
ftr-358	132	7	for	for	ADP
ftr-358	132	8	the	the	DET
ftr-358	132	9	asset	asset	NOUN
ftr-358	132	10	,	,	PUNCT
ftr-358	132	11	requiring	require	VERB
ftr-358	132	12	the	the	DET
ftr-358	132	13	payment	payment	NOUN
ftr-358	132	14	of	of	ADP
ftr-358	132	15	tax	tax	NOUN
ftr-358	132	16	at	at	ADP
ftr-358	132	17	that	that	DET
ftr-358	132	18	point	point	NOUN
ftr-358	132	19	will	will	AUX
ftr-358	132	20	not	not	PART
ftr-358	132	21	impose	impose	VERB
ftr-358	132	22	an	an	DET
ftr-358	132	23	undue	undue	ADJ
ftr-358	132	24	hardship.12	hardship.12	NOUN
ftr-358	132	25	thus	thus	ADV
ftr-358	132	26	,	,	PUNCT
ftr-358	132	27	the	the	DET
ftr-358	132	28	convention	convention	NOUN
ftr-358	132	29	of	of	ADP
ftr-358	132	30	deferring	defer	VERB
ftr-358	132	31	tax	tax	NOUN
ftr-358	132	32	until	until	ADP
ftr-358	132	33	realization	realization	NOUN
ftr-358	132	34	results	result	NOUN
ftr-358	132	35	from	from	ADP
ftr-358	132	36	administrative	administrative	ADJ
ftr-358	132	37	convenience	convenience	NOUN
ftr-358	132	38	and	and	CCONJ
ftr-358	132	39	the	the	DET
ftr-358	132	40	willingness	willingness	NOUN
ftr-358	132	41	to	to	PART
ftr-358	132	42	consider	consider	VERB
ftr-358	132	43	the	the	DET
ftr-358	132	44	possible	possible	ADJ
ftr-358	132	45	hardship	hardship	NOUN
ftr-358	132	46	of	of	ADP
ftr-358	132	47	imposing	impose	VERB
ftr-358	132	48	tax	tax	NOUN
ftr-358	132	49	on	on	ADP
ftr-358	132	50	unrealized	unrealized	ADJ
ftr-358	132	51	appreciation	appreciation	NOUN
ftr-358	132	52	.	.	PUNCT
ftr-358	133	1	nevertheless	nevertheless	ADV
ftr-358	133	2	,	,	PUNCT
ftr-358	133	3	the	the	DET
ftr-358	133	4	principle	principle	NOUN
ftr-358	133	5	of	of	ADP
ftr-358	133	6	realization	realization	NOUN
ftr-358	133	7	has	have	AUX
ftr-358	133	8	permeated	permeate	VERB
ftr-358	133	9	the	the	DET
ftr-358	133	10	public	public	ADJ
ftr-358	133	11	consciousness	consciousness	NOUN
ftr-358	133	12	and	and	CCONJ
ftr-358	133	13	has	have	AUX
ftr-358	133	14	acquired	acquire	VERB
ftr-358	133	15	an	an	DET
ftr-358	133	16	undeserved	undeserved	ADJ
ftr-358	133	17	independent	independent	ADJ
ftr-358	133	18	status	status	NOUN
ftr-358	133	19	as	as	ADP
ftr-358	133	20	a	a	DET
ftr-358	133	21	fundamental	fundamental	ADJ
ftr-358	133	22	principle	principle	NOUN
ftr-358	133	23	of	of	ADP
ftr-358	133	24	taxation	taxation	NOUN
ftr-358	133	25	.	.	PUNCT
ftr-358	134	1	the	the	DET
ftr-358	134	2	idea	idea	NOUN
ftr-358	134	3	that	that	PRON
ftr-358	134	4	unrealized	unrealized	ADJ
ftr-358	134	5	appreciation	appreciation	NOUN
ftr-358	134	6	does	do	AUX
ftr-358	134	7	not	not	PART
ftr-358	134	8	represent	represent	VERB
ftr-358	134	9	true	true	ADJ
ftr-358	134	10	economic	economic	ADJ
ftr-358	134	11	gain	gain	NOUN
ftr-358	134	12	and	and	CCONJ
ftr-358	134	13	that	that	SCONJ
ftr-358	134	14	it	it	PRON
ftr-358	134	15	should	should	AUX
ftr-358	134	16	not	not	PART
ftr-358	134	17	be	be	AUX
ftr-358	134	18	subject	subject	ADJ
ftr-358	134	19	to	to	ADP
ftr-358	134	20	taxation	taxation	NOUN
ftr-358	134	21	is	be	AUX
ftr-358	134	22	widespread.13	widespread.13	VERB
ftr-358	134	23	it	it	PRON
ftr-358	134	24	is	be	AUX
ftr-358	134	25	arguable	arguable	ADJ
ftr-358	134	26	that	that	SCONJ
ftr-358	134	27	the	the	DET
ftr-358	134	28	very	very	ADJ
ftr-358	134	29	term	term	NOUN
ftr-358	134	30	“	"	PUNCT
ftr-358	134	31	realization	realization	NOUN
ftr-358	134	32	,	,	PUNCT
ftr-358	134	33	”	"	PUNCT
ftr-358	134	34	describing	describe	VERB
ftr-358	134	35	the	the	DET
ftr-358	134	36	sale	sale	NOUN
ftr-358	134	37	of	of	ADP
ftr-358	134	38	the	the	DET
ftr-358	134	39	asset	asset	NOUN
ftr-358	134	40	,	,	PUNCT
ftr-358	134	41	bears	bear	VERB
ftr-358	134	42	part	part	NOUN
ftr-358	134	43	of	of	ADP
ftr-358	134	44	the	the	DET
ftr-358	134	45	responsibility	responsibility	NOUN
ftr-358	134	46	for	for	ADP
ftr-358	134	47	exaggerating	exaggerate	VERB
ftr-358	134	48	the	the	DET
ftr-358	134	49	significance	significance	NOUN
ftr-358	134	50	of	of	ADP
ftr-358	134	51	the	the	DET
ftr-358	134	52	principle	principle	NOUN
ftr-358	134	53	.	.	PUNCT
ftr-358	135	1	although	although	SCONJ
ftr-358	135	2	merely	merely	ADV
ftr-358	135	3	semantic	semantic	ADJ
ftr-358	135	4	,	,	PUNCT
ftr-358	135	5	the	the	DET
ftr-358	135	6	connotation	connotation	NOUN
ftr-358	135	7	is	be	AUX
ftr-358	135	8	that	that	SCONJ
ftr-358	135	9	the	the	DET
ftr-358	135	10	unrealized	unrealized	ADJ
ftr-358	135	11	gain	gain	NOUN
ftr-358	135	12	is	be	AUX
ftr-358	135	13	unreal	unreal	ADJ
ftr-358	135	14	.	.	PUNCT
ftr-358	136	1	this	this	DET
ftr-358	136	2	conception	conception	NOUN
ftr-358	136	3	could	could	AUX
ftr-358	136	4	lead	lead	VERB
ftr-358	136	5	to	to	ADP
ftr-358	136	6	the	the	DET
ftr-358	136	7	conclusion	conclusion	NOUN
ftr-358	136	8	that	that	SCONJ
ftr-358	136	9	refraining	refrain	VERB
ftr-358	136	10	from	from	ADP
ftr-358	136	11	taxing	tax	VERB
ftr-358	136	12	unrealized	unrealized	ADJ
ftr-358	136	13	gain	gain	NOUN
ftr-358	136	14	is	be	AUX
ftr-358	136	15	not	not	PART
ftr-358	136	16	simply	simply	ADV
ftr-358	136	17	a	a	DET
ftr-358	136	18	concession	concession	NOUN
ftr-358	136	19	to	to	ADP
ftr-358	136	20	practical	practical	ADJ
ftr-358	136	21	considerations	consideration	NOUN
ftr-358	136	22	,	,	PUNCT
ftr-358	136	23	but	but	CCONJ
ftr-358	136	24	is	be	AUX
ftr-358	136	25	rather	rather	ADV
ftr-358	136	26	necessitated	necessitate	VERB
ftr-358	136	27	by	by	ADP
ftr-358	136	28	the	the	DET
ftr-358	136	29	platonic	platonic	ADJ
ftr-358	136	30	nature	nature	NOUN
ftr-358	136	31	of	of	ADP
ftr-358	136	32	income	income	NOUN
ftr-358	136	33	.	.	PUNCT
ftr-358	137	1	such	such	ADJ
ftr-358	137	2	is	be	AUX
ftr-358	137	3	not	not	PART
ftr-358	137	4	the	the	DET
ftr-358	137	5	case	case	NOUN
ftr-358	137	6	.	.	PUNCT
ftr-358	138	1	deferral	deferral	ADJ
ftr-358	138	2	until	until	SCONJ
ftr-358	138	3	realization	realization	NOUN
ftr-358	138	4	is	be	AUX
ftr-358	138	5	warranted	warrant	VERB
ftr-358	138	6	to	to	ADP
ftr-358	138	7	the	the	DET
ftr-358	138	8	extent	extent	NOUN
ftr-358	138	9	,	,	PUNCT
ftr-358	138	10	and	and	CCONJ
ftr-358	138	11	only	only	ADV
ftr-358	138	12	to	to	ADP
ftr-358	138	13	the	the	DET
ftr-358	138	14	extent	extent	NOUN
ftr-358	138	15	,	,	PUNCT
ftr-358	138	16	dictated	dictate	VERB
ftr-358	138	17	by	by	ADP
ftr-358	138	18	considerations	consideration	NOUN
ftr-358	138	19	of	of	ADP
ftr-358	138	20	cost	cost	NOUN
ftr-358	138	21	and	and	CCONJ
ftr-358	138	22	benefit	benefit	NOUN
ftr-358	138	23	.	.	PUNCT
ftr-358	139	1	when	when	SCONJ
ftr-358	139	2	the	the	DET
ftr-358	139	3	price	price	NOUN
ftr-358	139	4	of	of	ADP
ftr-358	139	5	deferral	deferral	ADJ
ftr-358	139	6	exceeds	exceed	NOUN
ftr-358	139	7	the	the	DET
ftr-358	139	8	benefits	benefit	NOUN
ftr-358	139	9	thereof	thereof	ADV
ftr-358	139	10	,	,	PUNCT
ftr-358	139	11	its	its	PRON
ftr-358	139	12	adoption	adoption	NOUN
ftr-358	139	13	is	be	AUX
ftr-358	139	14	no	no	ADV
ftr-358	139	15	longer	long	ADV
ftr-358	139	16	justified	justify	VERB
ftr-358	139	17	.	.	PUNCT
ftr-358	140	1	in	in	ADP
ftr-358	140	2	other	other	ADJ
ftr-358	140	3	words	word	NOUN
ftr-358	140	4	,	,	PUNCT
ftr-358	140	5	we	we	PRON
ftr-358	140	6	need	need	VERB
ftr-358	140	7	to	to	PART
ftr-358	140	8	choose	choose	VERB
ftr-358	140	9	the	the	DET
ftr-358	140	10	most	most	ADV
ftr-358	140	11	convenient	convenient	ADJ
ftr-358	140	12	time	time	NOUN
ftr-358	140	13	—	—	PUNCT
ftr-358	140	14	from	from	ADP
ftr-358	140	15	the	the	DET
ftr-358	140	16	perspective	perspective	NOUN
ftr-358	140	17	of	of	ADP
ftr-358	140	18	the	the	DET
ftr-358	140	19	administration	administration	NOUN
ftr-358	140	20	and	and	CCONJ
ftr-358	140	21	from	from	ADP
ftr-358	140	22	the	the	DET
ftr-358	140	23	perspective	perspective	NOUN
ftr-358	140	24	of	of	ADP
ftr-358	140	25	the	the	DET
ftr-358	140	26	taxpayer	taxpayer	NOUN
ftr-358	140	27	—	—	PUNCT
ftr-358	140	28	to	to	PART
ftr-358	140	29	impose	impose	VERB
ftr-358	140	30	the	the	DET
ftr-358	140	31	tax.14	tax.14	NOUN
ftr-358	140	32	whether	whether	SCONJ
ftr-358	140	33	we	we	PRON
ftr-358	140	34	call	call	VERB
ftr-358	140	35	that	that	DET
ftr-358	140	36	moment	moment	NOUN
ftr-358	140	37	“	"	PUNCT
ftr-358	140	38	realization	realization	NOUN
ftr-358	140	39	”	"	PUNCT
ftr-358	140	40	or	or	CCONJ
ftr-358	140	41	whether	whether	SCONJ
ftr-358	140	42	we	we	PRON
ftr-358	140	43	say	say	VERB
ftr-358	140	44	that	that	SCONJ
ftr-358	140	45	we	we	PRON
ftr-358	140	46	should	should	AUX
ftr-358	140	47	occasionally	occasionally	ADV
ftr-358	140	48	deviate	deviate	VERB
ftr-358	140	49	from	from	ADP
ftr-358	140	50	the	the	DET
ftr-358	140	51	concept	concept	NOUN
ftr-358	140	52	of	of	ADP
ftr-358	140	53	realization	realization	NOUN
ftr-358	140	54	—	—	PUNCT
ftr-358	140	55	the	the	DET
ftr-358	140	56	difference	difference	NOUN
ftr-358	140	57	between	between	ADP
ftr-358	140	58	the	the	DET
ftr-358	140	59	two	two	NUM
ftr-358	140	60	is	be	AUX
ftr-358	140	61	semantic	semantic	ADJ
ftr-358	140	62	—	—	PUNCT
ftr-358	140	63	choosing	choose	VERB
ftr-358	140	64	the	the	DET
ftr-358	140	65	appropriate	appropriate	ADJ
ftr-358	140	66	time	time	NOUN
ftr-358	140	67	to	to	PART
ftr-358	140	68	calculate	calculate	VERB
ftr-358	140	69	the	the	DET
ftr-358	140	70	gain	gain	NOUN
ftr-358	140	71	and	and	CCONJ
ftr-358	140	72	to	to	PART
ftr-358	140	73	impose	impose	VERB
ftr-358	140	74	tax	tax	NOUN
ftr-358	140	75	thereupon	thereupon	ADV
ftr-358	140	76	requires	require	VERB
ftr-358	140	77	12	12	NUM
ftr-358	140	78	.	.	PUNCT
ftr-358	141	1	realization	realization	NOUN
ftr-358	141	2	has	have	AUX
ftr-358	141	3	been	be	AUX
ftr-358	141	4	described	describe	VERB
ftr-358	141	5	as	as	ADP
ftr-358	141	6	the	the	DET
ftr-358	141	7	achilles	achille	NOUN
ftr-358	141	8	’	'	PUNCT
ftr-358	141	9	heel	heel	NOUN
ftr-358	141	10	of	of	ADP
ftr-358	141	11	the	the	DET
ftr-358	141	12	income	income	NOUN
ftr-358	141	13	tax	tax	NOUN
ftr-358	141	14	.	.	PUNCT
ftr-358	142	1	william	william	PROPN
ftr-358	142	2	d.	d.	PROPN
ftr-358	142	3	andrews	andrews	PROPN
ftr-358	142	4	,	,	PUNCT
ftr-358	142	5	the	the	DET
ftr-358	142	6	achilles	achille	NOUN
ftr-358	142	7	’	'	PUNCT
ftr-358	142	8	heel	heel	NOUN
ftr-358	142	9	of	of	ADP
ftr-358	142	10	the	the	DET
ftr-358	142	11	comprehensive	comprehensive	ADJ
ftr-358	142	12	income	income	NOUN
ftr-358	142	13	tax	tax	NOUN
ftr-358	142	14	,	,	PUNCT
ftr-358	142	15	in	in	ADP
ftr-358	142	16	new	new	ADJ
ftr-358	142	17	directions	direction	NOUN
ftr-358	142	18	in	in	ADP
ftr-358	142	19	federal	federal	ADJ
ftr-358	142	20	tax	tax	NOUN
ftr-358	142	21	policy	policy	NOUN
ftr-358	142	22	for	for	ADP
ftr-358	142	23	the	the	DET
ftr-358	142	24	1980s	1980s	NUM
ftr-358	142	25	278	278	NUM
ftr-358	142	26	(	(	PUNCT
ftr-358	142	27	charls	charls	PROPN
ftr-358	142	28	e.	e.	PROPN
ftr-358	142	29	walker	walker	PROPN
ftr-358	142	30	&	&	CCONJ
ftr-358	142	31	mark	mark	PROPN
ftr-358	142	32	a.	a.	PROPN
ftr-358	142	33	bloomfield	bloomfield	PROPN
ftr-358	142	34	eds	eds	PROPN
ftr-358	142	35	.	.	PROPN
ftr-358	142	36	,	,	PUNCT
ftr-358	142	37	1983	1983	NUM
ftr-358	142	38	)	)	PUNCT
ftr-358	142	39	.	.	PUNCT
ftr-358	143	1	13	13	NUM
ftr-358	143	2	.	.	PUNCT
ftr-358	144	1	in	in	ADP
ftr-358	144	2	one	one	NUM
ftr-358	144	3	of	of	ADP
ftr-358	144	4	its	its	PRON
ftr-358	144	5	first	first	ADJ
ftr-358	144	6	decisions	decision	NOUN
ftr-358	144	7	concerning	concern	VERB
ftr-358	144	8	the	the	DET
ftr-358	144	9	16th	16th	ADJ
ftr-358	144	10	amendment	amendment	NOUN
ftr-358	144	11	,	,	PUNCT
ftr-358	144	12	which	which	PRON
ftr-358	144	13	authorized	authorize	VERB
ftr-358	144	14	congress	congress	PROPN
ftr-358	144	15	to	to	PART
ftr-358	144	16	impose	impose	VERB
ftr-358	144	17	tax	tax	NOUN
ftr-358	144	18	on	on	ADP
ftr-358	144	19	“	"	PUNCT
ftr-358	144	20	incomes	income	NOUN
ftr-358	144	21	,	,	PUNCT
ftr-358	144	22	from	from	ADP
ftr-358	144	23	whatever	whatever	DET
ftr-358	144	24	source	source	NOUN
ftr-358	144	25	derived	derive	VERB
ftr-358	144	26	,	,	PUNCT
ftr-358	144	27	”	"	PUNCT
ftr-358	144	28	the	the	DET
ftr-358	144	29	supreme	supreme	PROPN
ftr-358	144	30	court	court	PROPN
ftr-358	144	31	held	hold	VERB
ftr-358	144	32	that	that	SCONJ
ftr-358	144	33	“	"	PUNCT
ftr-358	144	34	income	income	NOUN
ftr-358	144	35	”	"	PUNCT
ftr-358	144	36	means	mean	VERB
ftr-358	144	37	realized	realize	VERB
ftr-358	144	38	income	income	NOUN
ftr-358	144	39	.	.	PUNCT
ftr-358	145	1	the	the	DET
ftr-358	145	2	realization	realization	NOUN
ftr-358	145	3	principle	principle	NOUN
ftr-358	145	4	thus	thus	ADV
ftr-358	145	5	acquired	acquire	VERB
ftr-358	145	6	constitutional	constitutional	ADJ
ftr-358	145	7	status	status	NOUN
ftr-358	145	8	.	.	PUNCT
ftr-358	146	1	eisner	eisner	PROPN
ftr-358	146	2	v.	v.	PROPN
ftr-358	146	3	macomber	macomber	PROPN
ftr-358	146	4	,	,	PUNCT
ftr-358	146	5	252	252	NUM
ftr-358	146	6	u.s	u.s	PROPN
ftr-358	146	7	.	.	PROPN
ftr-358	146	8	189	189	NUM
ftr-358	146	9	,	,	PUNCT
ftr-358	146	10	212–14	212–14	NUM
ftr-358	146	11	(	(	PUNCT
ftr-358	146	12	1920	1920	NUM
ftr-358	146	13	)	)	PUNCT
ftr-358	146	14	.	.	PUNCT
ftr-358	147	1	today	today	NOUN
ftr-358	147	2	it	it	PRON
ftr-358	147	3	is	be	AUX
ftr-358	147	4	widely	widely	ADV
ftr-358	147	5	accepted	accept	VERB
ftr-358	147	6	that	that	SCONJ
ftr-358	147	7	realization	realization	NOUN
ftr-358	147	8	is	be	AUX
ftr-358	147	9	not	not	PART
ftr-358	147	10	a	a	DET
ftr-358	147	11	constitutional	constitutional	ADJ
ftr-358	147	12	requirement	requirement	NOUN
ftr-358	147	13	,	,	PUNCT
ftr-358	147	14	but	but	CCONJ
ftr-358	147	15	rather	rather	ADV
ftr-358	147	16	a	a	DET
ftr-358	147	17	rule	rule	NOUN
ftr-358	147	18	of	of	ADP
ftr-358	147	19	administrative	administrative	ADJ
ftr-358	147	20	convenience	convenience	NOUN
ftr-358	147	21	and	and	CCONJ
ftr-358	147	22	that	that	SCONJ
ftr-358	147	23	congress	congress	PROPN
ftr-358	147	24	is	be	AUX
ftr-358	147	25	authorized	authorize	VERB
ftr-358	147	26	to	to	PART
ftr-358	147	27	tax	tax	VERB
ftr-358	147	28	unrealized	unrealized	ADJ
ftr-358	147	29	gain	gain	NOUN
ftr-358	147	30	if	if	SCONJ
ftr-358	147	31	it	it	PRON
ftr-358	147	32	chooses	choose	VERB
ftr-358	147	33	to	to	PART
ftr-358	147	34	do	do	VERB
ftr-358	147	35	so	so	ADV
ftr-358	147	36	.	.	PUNCT
ftr-358	148	1	see	see	VERB
ftr-358	148	2	,	,	PUNCT
ftr-358	148	3	e.g.	e.g.	ADV
ftr-358	148	4	,	,	PUNCT
ftr-358	148	5	helvering	helvere	VERB
ftr-358	148	6	v.	v.	ADP
ftr-358	148	7	horst	horst	PROPN
ftr-358	148	8	,	,	PUNCT
ftr-358	148	9	311	311	NUM
ftr-358	148	10	u.s	u.s	PROPN
ftr-358	148	11	.	.	PROPN
ftr-358	148	12	112	112	NUM
ftr-358	148	13	,	,	PUNCT
ftr-358	148	14	116	116	NUM
ftr-358	148	15	(	(	PUNCT
ftr-358	148	16	1940	1940	NUM
ftr-358	148	17	)	)	PUNCT
ftr-358	148	18	(	(	PUNCT
ftr-358	148	19	“	"	PUNCT
ftr-358	148	20	[	[	X
ftr-358	148	21	t]he	t]he	ADV
ftr-358	148	22	rule	rule	NOUN
ftr-358	148	23	[	[	X
ftr-358	148	24	is	be	AUX
ftr-358	148	25	]	]	PUNCT
ftr-358	148	26	founded	found	VERB
ftr-358	148	27	on	on	ADP
ftr-358	148	28	administrative	administrative	ADJ
ftr-358	148	29	convenience	convenience	NOUN
ftr-358	148	30	.	.	PUNCT
ftr-358	148	31	.	.	PUNCT
ftr-358	148	32	.	.	PUNCT
ftr-358	148	33	.	.	PUNCT
ftr-358	148	34	”	"	PUNCT
ftr-358	148	35	)	)	PUNCT
ftr-358	148	36	;	;	PUNCT
ftr-358	148	37	andrews	andrews	PROPN
ftr-358	148	38	,	,	PUNCT
ftr-358	148	39	supra	supra	PROPN
ftr-358	148	40	note	note	PROPN
ftr-358	148	41	5	5	NUM
ftr-358	148	42	,	,	PUNCT
ftr-358	148	43	at	at	ADP
ftr-358	148	44	1129	1129	NUM
ftr-358	148	45	n.27	n.27	NOUN
ftr-358	148	46	;	;	PUNCT
ftr-358	148	47	shakow	shakow	ADJ
ftr-358	148	48	,	,	PUNCT
ftr-358	148	49	supra	supra	PROPN
ftr-358	148	50	note	note	NOUN
ftr-358	148	51	4	4	NUM
ftr-358	148	52	,	,	PUNCT
ftr-358	148	53	at	at	ADP
ftr-358	148	54	1112–13	1112–13	NUM
ftr-358	148	55	.	.	PUNCT
ftr-358	149	1	for	for	ADP
ftr-358	149	2	a	a	DET
ftr-358	149	3	discussion	discussion	NOUN
ftr-358	149	4	of	of	ADP
ftr-358	149	5	the	the	DET
ftr-358	149	6	effect	effect	NOUN
ftr-358	149	7	of	of	ADP
ftr-358	149	8	public	public	ADJ
ftr-358	149	9	perception	perception	NOUN
ftr-358	149	10	on	on	ADP
ftr-358	149	11	the	the	DET
ftr-358	149	12	possibility	possibility	NOUN
ftr-358	149	13	of	of	ADP
ftr-358	149	14	imposing	impose	VERB
ftr-358	149	15	mark	mark	NOUN
ftr-358	149	16	-	-	PUNCT
ftr-358	149	17	tomarket	tomarket	NOUN
ftr-358	149	18	taxation	taxation	NOUN
ftr-358	149	19	in	in	ADP
ftr-358	149	20	practice	practice	NOUN
ftr-358	149	21	,	,	PUNCT
ftr-358	149	22	see	see	VERB
ftr-358	149	23	part	part	NOUN
ftr-358	149	24	iv.b	iv.b	NOUN
ftr-358	149	25	.	.	PROPN
ftr-358	150	1	14	14	NUM
ftr-358	150	2	.	.	PUNCT
ftr-358	151	1	adam	adam	PROPN
ftr-358	151	2	smith	smith	PROPN
ftr-358	151	3	,	,	PUNCT
ftr-358	151	4	an	an	DET
ftr-358	151	5	inquiry	inquiry	NOUN
ftr-358	151	6	into	into	ADP
ftr-358	151	7	the	the	DET
ftr-358	151	8	nature	nature	NOUN
ftr-358	151	9	and	and	CCONJ
ftr-358	151	10	causes	cause	NOUN
ftr-358	151	11	of	of	ADP
ftr-358	151	12	the	the	DET
ftr-358	151	13	wealth	wealth	NOUN
ftr-358	151	14	of	of	ADP
ftr-358	151	15	nations	nation	NOUN
ftr-358	151	16	778	778	NUM
ftr-358	152	1	[	[	NOUN
ftr-358	152	2	1776	1776	NUM
ftr-358	152	3	]	]	PUNCT
ftr-358	152	4	(	(	PUNCT
ftr-358	152	5	edwin	edwin	PROPN
ftr-358	152	6	canaan	canaan	PROPN
ftr-358	152	7	,	,	PUNCT
ftr-358	152	8	ed	ed	NOUN
ftr-358	152	9	.	.	PROPN
ftr-358	152	10	,	,	PUNCT
ftr-358	152	11	1937	1937	NUM
ftr-358	152	12	)	)	PUNCT
ftr-358	152	13	(	(	PUNCT
ftr-358	152	14	“	"	PUNCT
ftr-358	152	15	every	every	DET
ftr-358	152	16	tax	tax	NOUN
ftr-358	152	17	ought	ought	AUX
ftr-358	152	18	to	to	PART
ftr-358	152	19	be	be	AUX
ftr-358	152	20	levied	levy	VERB
ftr-358	152	21	at	at	ADP
ftr-358	152	22	the	the	DET
ftr-358	152	23	time	time	NOUN
ftr-358	152	24	,	,	PUNCT
ftr-358	152	25	or	or	CCONJ
ftr-358	152	26	in	in	ADP
ftr-358	152	27	the	the	DET
ftr-358	152	28	manner	manner	NOUN
ftr-358	152	29	,	,	PUNCT
ftr-358	152	30	in	in	ADP
ftr-358	152	31	which	which	PRON
ftr-358	152	32	it	it	PRON
ftr-358	152	33	is	be	AUX
ftr-358	152	34	most	most	ADV
ftr-358	152	35	likely	likely	ADJ
ftr-358	152	36	to	to	PART
ftr-358	152	37	be	be	AUX
ftr-358	152	38	convenient	convenient	ADJ
ftr-358	152	39	for	for	SCONJ
ftr-358	152	40	the	the	DET
ftr-358	152	41	contributor	contributor	NOUN
ftr-358	152	42	to	to	PART
ftr-358	152	43	pay	pay	VERB
ftr-358	152	44	it	it	PRON
ftr-358	152	45	.	.	PUNCT
ftr-358	152	46	”	"	PUNCT
ftr-358	152	47	)	)	PUNCT
ftr-358	152	48	.	.	PUNCT
ftr-358	153	1	2010	2010	NUM
ftr-358	153	2	]	]	PUNCT
ftr-358	153	3	the	the	DET
ftr-358	153	4	myth	myth	NOUN
ftr-358	153	5	of	of	ADP
ftr-358	153	6	realization	realization	NOUN
ftr-358	153	7	:	:	PUNCT
ftr-358	153	8	mark	mark	NOUN
ftr-358	153	9	-	-	PUNCT
ftr-358	153	10	to	to	ADP
ftr-358	153	11	-	-	PUNCT
ftr-358	153	12	market	market	NOUN
ftr-358	153	13	taxation	taxation	NOUN
ftr-358	153	14	383	383	NUM
ftr-358	153	15	balancing	balance	VERB
ftr-358	153	16	the	the	DET
ftr-358	153	17	advantages	advantage	NOUN
ftr-358	153	18	and	and	CCONJ
ftr-358	153	19	disadvantages	disadvantage	VERB
ftr-358	153	20	inherent	inherent	ADJ
ftr-358	153	21	in	in	ADP
ftr-358	153	22	each	each	PRON
ftr-358	153	23	of	of	ADP
ftr-358	153	24	the	the	DET
ftr-358	153	25	various	various	ADJ
ftr-358	153	26	options	option	NOUN
ftr-358	153	27	.	.	PUNCT
ftr-358	154	1	d.	d.	PROPN
ftr-358	154	2	publicly	publicly	ADV
ftr-358	154	3	-	-	PUNCT
ftr-358	154	4	traded	trade	VERB
ftr-358	154	5	securities	security	NOUN
ftr-358	154	6	the	the	DET
ftr-358	154	7	rationale	rationale	NOUN
ftr-358	154	8	of	of	ADP
ftr-358	154	9	the	the	DET
ftr-358	154	10	realization	realization	NOUN
ftr-358	154	11	principle	principle	NOUN
ftr-358	154	12	is	be	AUX
ftr-358	154	13	inapplicable	inapplicable	ADJ
ftr-358	154	14	to	to	ADP
ftr-358	154	15	publiclytraded	publiclytrade	VERB
ftr-358	154	16	securities	security	NOUN
ftr-358	154	17	.	.	PUNCT
ftr-358	155	1	the	the	DET
ftr-358	155	2	market	market	NOUN
ftr-358	155	3	value	value	NOUN
ftr-358	155	4	of	of	ADP
ftr-358	155	5	each	each	DET
ftr-358	155	6	security	security	NOUN
ftr-358	155	7	is	be	AUX
ftr-358	155	8	determined	determine	VERB
ftr-358	155	9	on	on	ADP
ftr-358	155	10	a	a	DET
ftr-358	155	11	constant	constant	ADJ
ftr-358	155	12	basis	basis	NOUN
ftr-358	155	13	as	as	SCONJ
ftr-358	155	14	willing	willing	ADJ
ftr-358	155	15	sellers	seller	NOUN
ftr-358	155	16	and	and	CCONJ
ftr-358	155	17	willing	willing	ADJ
ftr-358	155	18	buyers	buyer	NOUN
ftr-358	155	19	meet	meet	VERB
ftr-358	155	20	on	on	ADP
ftr-358	155	21	the	the	DET
ftr-358	155	22	floor	floor	NOUN
ftr-358	155	23	of	of	ADP
ftr-358	155	24	the	the	DET
ftr-358	155	25	exchange	exchange	NOUN
ftr-358	155	26	.	.	PUNCT
ftr-358	156	1	no	no	DET
ftr-358	156	2	external	external	ADJ
ftr-358	156	3	valuation	valuation	NOUN
ftr-358	156	4	is	be	AUX
ftr-358	156	5	necessary	necessary	ADJ
ftr-358	156	6	.	.	PUNCT
ftr-358	157	1	the	the	DET
ftr-358	157	2	fact	fact	NOUN
ftr-358	157	3	that	that	SCONJ
ftr-358	157	4	an	an	DET
ftr-358	157	5	investor	investor	NOUN
ftr-358	157	6	or	or	CCONJ
ftr-358	157	7	analyst	analyst	NOUN
ftr-358	157	8	may	may	AUX
ftr-358	157	9	judge	judge	VERB
ftr-358	157	10	the	the	DET
ftr-358	157	11	“	"	PUNCT
ftr-358	157	12	true	true	ADJ
ftr-358	157	13	value	value	NOUN
ftr-358	157	14	”	"	PUNCT
ftr-358	157	15	of	of	ADP
ftr-358	157	16	a	a	DET
ftr-358	157	17	security	security	NOUN
ftr-358	157	18	to	to	PART
ftr-358	157	19	be	be	AUX
ftr-358	157	20	different	different	ADJ
ftr-358	157	21	than	than	ADP
ftr-358	157	22	the	the	DET
ftr-358	157	23	value	value	NOUN
ftr-358	157	24	at	at	ADP
ftr-358	157	25	which	which	PRON
ftr-358	157	26	it	it	PRON
ftr-358	157	27	is	be	AUX
ftr-358	157	28	traded	trade	VERB
ftr-358	157	29	is	be	AUX
ftr-358	157	30	irrelevant	irrelevant	ADJ
ftr-358	157	31	:	:	PUNCT
ftr-358	157	32	the	the	DET
ftr-358	157	33	definition	definition	NOUN
ftr-358	157	34	of	of	ADP
ftr-358	157	35	market	market	NOUN
ftr-358	157	36	value	value	NOUN
ftr-358	157	37	is	be	AUX
ftr-358	157	38	the	the	DET
ftr-358	157	39	price	price	NOUN
ftr-358	157	40	at	at	ADP
ftr-358	157	41	which	which	PRON
ftr-358	157	42	a	a	DET
ftr-358	157	43	marginal	marginal	ADJ
ftr-358	157	44	willing	willing	ADJ
ftr-358	157	45	seller	seller	NOUN
ftr-358	157	46	will	will	AUX
ftr-358	157	47	sell	sell	VERB
ftr-358	157	48	to	to	ADP
ftr-358	157	49	a	a	DET
ftr-358	157	50	marginal	marginal	ADJ
ftr-358	157	51	willing	willing	ADJ
ftr-358	157	52	buyer.15	buyer.15	NOUN
ftr-358	157	53	with	with	ADP
ftr-358	157	54	regard	regard	NOUN
ftr-358	157	55	to	to	ADP
ftr-358	157	56	liquidity	liquidity	NOUN
ftr-358	157	57	,	,	PUNCT
ftr-358	157	58	the	the	DET
ftr-358	157	59	forced	force	VERB
ftr-358	157	60	sale	sale	NOUN
ftr-358	157	61	of	of	ADP
ftr-358	157	62	an	an	DET
ftr-358	157	63	appreciated	appreciated	ADJ
ftr-358	157	64	asset	asset	NOUN
ftr-358	157	65	to	to	PART
ftr-358	157	66	pay	pay	VERB
ftr-358	157	67	tax	tax	NOUN
ftr-358	157	68	on	on	ADP
ftr-358	157	69	the	the	DET
ftr-358	157	70	unrealized	unrealized	ADJ
ftr-358	157	71	appreciation	appreciation	NOUN
ftr-358	157	72	is	be	AUX
ftr-358	157	73	,	,	PUNCT
ftr-358	157	74	as	as	SCONJ
ftr-358	157	75	noted	note	VERB
ftr-358	157	76	above	above	ADV
ftr-358	157	77	,	,	PUNCT
ftr-358	157	78	not	not	PART
ftr-358	157	79	always	always	ADV
ftr-358	157	80	a	a	DET
ftr-358	157	81	reasonable	reasonable	ADJ
ftr-358	157	82	option	option	NOUN
ftr-358	157	83	due	due	ADP
ftr-358	157	84	to	to	ADP
ftr-358	157	85	sentimental	sentimental	ADJ
ftr-358	157	86	attachment	attachment	NOUN
ftr-358	157	87	,	,	PUNCT
ftr-358	157	88	the	the	DET
ftr-358	157	89	difficulty	difficulty	NOUN
ftr-358	157	90	of	of	ADP
ftr-358	157	91	liquidating	liquidate	VERB
ftr-358	157	92	the	the	DET
ftr-358	157	93	asset	asset	NOUN
ftr-358	157	94	,	,	PUNCT
ftr-358	157	95	and	and	CCONJ
ftr-358	157	96	the	the	DET
ftr-358	157	97	transaction	transaction	NOUN
ftr-358	157	98	costs	cost	NOUN
ftr-358	157	99	involved	involve	VERB
ftr-358	157	100	.	.	PUNCT
ftr-358	158	1	as	as	ADP
ftr-358	158	2	a	a	DET
ftr-358	158	3	rule	rule	NOUN
ftr-358	158	4	,	,	PUNCT
ftr-358	158	5	these	these	DET
ftr-358	158	6	considerations	consideration	NOUN
ftr-358	158	7	are	be	AUX
ftr-358	158	8	irrelevant	irrelevant	ADJ
ftr-358	158	9	when	when	SCONJ
ftr-358	158	10	the	the	DET
ftr-358	158	11	asset	asset	NOUN
ftr-358	158	12	considered	consider	VERB
ftr-358	158	13	is	be	AUX
ftr-358	158	14	a	a	DET
ftr-358	158	15	publicly	publicly	ADV
ftr-358	158	16	-	-	PUNCT
ftr-358	158	17	traded	trade	VERB
ftr-358	158	18	security	security	NOUN
ftr-358	158	19	.	.	PUNCT
ftr-358	159	1	the	the	DET
ftr-358	159	2	sentimental	sentimental	ADJ
ftr-358	159	3	attachment	attachment	NOUN
ftr-358	159	4	of	of	ADP
ftr-358	159	5	an	an	DET
ftr-358	159	6	investor	investor	NOUN
ftr-358	159	7	to	to	ADP
ftr-358	159	8	the	the	DET
ftr-358	159	9	publicly	publicly	ADV
ftr-358	159	10	-	-	PUNCT
ftr-358	159	11	traded	trade	VERB
ftr-358	159	12	securities	security	NOUN
ftr-358	159	13	in	in	ADP
ftr-358	159	14	her	her	PRON
ftr-358	159	15	portfolio	portfolio	NOUN
ftr-358	159	16	—	—	PUNCT
ftr-358	159	17	if	if	SCONJ
ftr-358	159	18	such	such	DET
ftr-358	159	19	an	an	DET
ftr-358	159	20	attachment	attachment	NOUN
ftr-358	159	21	is	be	AUX
ftr-358	159	22	even	even	ADV
ftr-358	159	23	possible	possible	ADJ
ftr-358	159	24	—	—	PUNCT
ftr-358	159	25	does	do	AUX
ftr-358	159	26	not	not	PART
ftr-358	159	27	reach	reach	VERB
ftr-358	159	28	a	a	DET
ftr-358	159	29	level	level	NOUN
ftr-358	159	30	that	that	PRON
ftr-358	159	31	warrants	warrant	VERB
ftr-358	159	32	consideration	consideration	NOUN
ftr-358	159	33	by	by	ADP
ftr-358	159	34	the	the	DET
ftr-358	159	35	tax	tax	NOUN
ftr-358	159	36	system	system	NOUN
ftr-358	159	37	.	.	PUNCT
ftr-358	160	1	the	the	DET
ftr-358	160	2	attachment	attachment	NOUN
ftr-358	160	3	between	between	ADP
ftr-358	160	4	an	an	DET
ftr-358	160	5	investor	investor	NOUN
ftr-358	160	6	and	and	CCONJ
ftr-358	160	7	the	the	DET
ftr-358	160	8	securities	security	NOUN
ftr-358	160	9	she	she	PRON
ftr-358	160	10	holds	hold	VERB
ftr-358	160	11	is	be	AUX
ftr-358	160	12	entirely	entirely	ADV
ftr-358	160	13	unlike	unlike	ADP
ftr-358	160	14	the	the	DET
ftr-358	160	15	attachment	attachment	NOUN
ftr-358	160	16	between	between	ADP
ftr-358	160	17	an	an	DET
ftr-358	160	18	individual	individual	NOUN
ftr-358	160	19	and	and	CCONJ
ftr-358	160	20	,	,	PUNCT
ftr-358	160	21	for	for	ADP
ftr-358	160	22	example	example	NOUN
ftr-358	160	23	,	,	PUNCT
ftr-358	160	24	her	her	PRON
ftr-358	160	25	home	home	NOUN
ftr-358	160	26	or	or	CCONJ
ftr-358	160	27	business	business	NOUN
ftr-358	160	28	.	.	PUNCT
ftr-358	161	1	ordinarily	ordinarily	ADV
ftr-358	161	2	,	,	PUNCT
ftr-358	161	3	liquidation	liquidation	NOUN
ftr-358	161	4	of	of	ADP
ftr-358	161	5	publicly	publicly	ADV
ftr-358	161	6	-	-	PUNCT
ftr-358	161	7	traded	trade	VERB
ftr-358	161	8	securities	security	NOUN
ftr-358	161	9	requires	require	VERB
ftr-358	161	10	no	no	PRON
ftr-358	161	11	more	more	ADJ
ftr-358	161	12	than	than	ADP
ftr-358	161	13	a	a	DET
ftr-358	161	14	phone	phone	NOUN
ftr-358	161	15	call	call	NOUN
ftr-358	161	16	or	or	CCONJ
ftr-358	161	17	a	a	DET
ftr-358	161	18	click	click	NOUN
ftr-358	161	19	on	on	ADP
ftr-358	161	20	a	a	DET
ftr-358	161	21	computer	computer	NOUN
ftr-358	161	22	screen	screen	NOUN
ftr-358	161	23	.	.	PUNCT
ftr-358	162	1	the	the	DET
ftr-358	162	2	costs	cost	NOUN
ftr-358	162	3	involved	involve	VERB
ftr-358	162	4	are	be	AUX
ftr-358	162	5	typically	typically	ADV
ftr-358	162	6	minimal	minimal	ADJ
ftr-358	162	7	.	.	PUNCT
ftr-358	163	1	clearly	clearly	ADV
ftr-358	163	2	,	,	PUNCT
ftr-358	163	3	the	the	DET
ftr-358	163	4	commission	commission	NOUN
ftr-358	163	5	one	one	PRON
ftr-358	163	6	normally	normally	ADV
ftr-358	163	7	pays	pay	VERB
ftr-358	163	8	for	for	ADP
ftr-358	163	9	selling	sell	VERB
ftr-358	163	10	shares	share	NOUN
ftr-358	163	11	is	be	AUX
ftr-358	163	12	in	in	ADP
ftr-358	163	13	an	an	DET
ftr-358	163	14	entirely	entirely	ADV
ftr-358	163	15	different	different	ADJ
ftr-358	163	16	league	league	NOUN
ftr-358	163	17	than	than	ADP
ftr-358	163	18	the	the	DET
ftr-358	163	19	cost	cost	NOUN
ftr-358	163	20	of	of	ADP
ftr-358	163	21	moving	move	VERB
ftr-358	163	22	a	a	DET
ftr-358	163	23	business	business	NOUN
ftr-358	163	24	to	to	ADP
ftr-358	163	25	a	a	DET
ftr-358	163	26	new	new	ADJ
ftr-358	163	27	location	location	NOUN
ftr-358	163	28	due	due	ADP
ftr-358	163	29	to	to	ADP
ftr-358	163	30	the	the	DET
ftr-358	163	31	forced	force	VERB
ftr-358	163	32	sale	sale	NOUN
ftr-358	163	33	of	of	ADP
ftr-358	163	34	the	the	DET
ftr-358	163	35	land	land	NOUN
ftr-358	163	36	on	on	ADP
ftr-358	163	37	which	which	PRON
ftr-358	163	38	it	it	PRON
ftr-358	163	39	is	be	AUX
ftr-358	163	40	located	locate	VERB
ftr-358	163	41	.	.	PUNCT
ftr-358	164	1	furthermore	furthermore	ADV
ftr-358	164	2	,	,	PUNCT
ftr-358	164	3	the	the	DET
ftr-358	164	4	high	high	ADJ
ftr-358	164	5	degree	degree	NOUN
ftr-358	164	6	of	of	ADP
ftr-358	164	7	liquidity	liquidity	NOUN
ftr-358	164	8	of	of	ADP
ftr-358	164	9	publicly	publicly	ADV
ftr-358	164	10	-	-	PUNCT
ftr-358	164	11	traded	trade	VERB
ftr-358	164	12	securities	security	NOUN
ftr-358	164	13	means	mean	VERB
ftr-358	164	14	that	that	SCONJ
ftr-358	164	15	the	the	DET
ftr-358	164	16	taxpayer	taxpayer	NOUN
ftr-358	164	17	can	can	AUX
ftr-358	164	18	easily	easily	ADV
ftr-358	164	19	repurchase	repurchase	VERB
ftr-358	164	20	the	the	DET
ftr-358	164	21	securities	security	NOUN
ftr-358	164	22	at	at	ADP
ftr-358	164	23	any	any	DET
ftr-358	164	24	time	time	NOUN
ftr-358	164	25	.	.	PUNCT
ftr-358	165	1	the	the	DET
ftr-358	165	2	sale	sale	NOUN
ftr-358	165	3	of	of	ADP
ftr-358	165	4	publicly	publicly	ADV
ftr-358	165	5	-	-	PUNCT
ftr-358	165	6	traded	trade	VERB
ftr-358	165	7	securities	security	NOUN
ftr-358	165	8	does	do	AUX
ftr-358	165	9	not	not	PART
ftr-358	165	10	involve	involve	VERB
ftr-358	165	11	the	the	DET
ftr-358	165	12	same	same	ADJ
ftr-358	165	13	degree	degree	NOUN
ftr-358	165	14	of	of	ADP
ftr-358	165	15	finality	finality	NOUN
ftr-358	165	16	as	as	SCONJ
ftr-358	165	17	does	do	VERB
ftr-358	165	18	the	the	DET
ftr-358	165	19	sale	sale	NOUN
ftr-358	165	20	of	of	ADP
ftr-358	165	21	other	other	ADJ
ftr-358	165	22	assets	asset	NOUN
ftr-358	165	23	.	.	PUNCT
ftr-358	166	1	a	a	DET
ftr-358	166	2	taxpayer	taxpayer	NOUN
ftr-358	166	3	who	who	PRON
ftr-358	166	4	sells	sell	VERB
ftr-358	166	5	a	a	DET
ftr-358	166	6	security	security	NOUN
ftr-358	166	7	due	due	ADP
ftr-358	166	8	to	to	ADP
ftr-358	166	9	a	a	DET
ftr-358	166	10	temporary	temporary	ADJ
ftr-358	166	11	cash	cash	NOUN
ftr-358	166	12	-	-	PUNCT
ftr-358	166	13	flow	flow	NOUN
ftr-358	166	14	problem	problem	NOUN
ftr-358	166	15	knows	know	VERB
ftr-358	166	16	that	that	SCONJ
ftr-358	166	17	she	she	PRON
ftr-358	166	18	can	can	AUX
ftr-358	166	19	repurchase	repurchase	VERB
ftr-358	166	20	the	the	DET
ftr-358	166	21	security	security	NOUN
ftr-358	166	22	when	when	SCONJ
ftr-358	166	23	the	the	DET
ftr-358	166	24	cash	cash	NOUN
ftr-358	166	25	-	-	PUNCT
ftr-358	166	26	flow	flow	NOUN
ftr-358	166	27	problem	problem	NOUN
ftr-358	166	28	is	be	AUX
ftr-358	166	29	resolved	resolve	VERB
ftr-358	166	30	.	.	PUNCT
ftr-358	167	1	repurchasing	repurchase	VERB
ftr-358	167	2	land	land	NOUN
ftr-358	167	3	or	or	CCONJ
ftr-358	167	4	shares	share	NOUN
ftr-358	167	5	in	in	ADP
ftr-358	167	6	a	a	DET
ftr-358	167	7	privately	privately	ADV
ftr-358	167	8	-	-	PUNCT
ftr-358	167	9	held	hold	VERB
ftr-358	167	10	corporation	corporation	NOUN
ftr-358	167	11	is	be	AUX
ftr-358	167	12	an	an	DET
ftr-358	167	13	entirely	entirely	ADV
ftr-358	167	14	different	different	ADJ
ftr-358	167	15	matter	matter	NOUN
ftr-358	167	16	.	.	PUNCT
ftr-358	168	1	15	15	X
ftr-358	168	2	.	.	PUNCT
ftr-358	169	1	moreover	moreover	ADV
ftr-358	169	2	,	,	PUNCT
ftr-358	169	3	[	[	X
ftr-358	169	4	a	a	X
ftr-358	169	5	]	]	X
ftr-358	169	6	shareholder	shareholder	NOUN
ftr-358	169	7	could	could	AUX
ftr-358	169	8	not	not	PART
ftr-358	169	9	justly	justly	ADV
ftr-358	169	10	complain	complain	VERB
ftr-358	169	11	if	if	SCONJ
ftr-358	169	12	in	in	ADP
ftr-358	169	13	his	his	PRON
ftr-358	169	14	opinion	opinion	NOUN
ftr-358	169	15	the	the	DET
ftr-358	169	16	market	market	NOUN
ftr-358	169	17	was	be	AUX
ftr-358	169	18	too	too	ADV
ftr-358	169	19	low	low	ADJ
ftr-358	169	20	a	a	DET
ftr-358	169	21	measure	measure	NOUN
ftr-358	169	22	of	of	ADP
ftr-358	169	23	the	the	DET
ftr-358	169	24	value	value	NOUN
ftr-358	169	25	of	of	ADP
ftr-358	169	26	his	his	PRON
ftr-358	169	27	shares	share	NOUN
ftr-358	169	28	for	for	ADP
ftr-358	169	29	tax	tax	NOUN
ftr-358	169	30	purposes	purpose	NOUN
ftr-358	169	31	,	,	PUNCT
ftr-358	169	32	because	because	SCONJ
ftr-358	169	33	the	the	DET
ftr-358	169	34	tax	tax	NOUN
ftr-358	169	35	difference	difference	NOUN
ftr-358	169	36	would	would	AUX
ftr-358	169	37	be	be	AUX
ftr-358	169	38	in	in	ADP
ftr-358	169	39	his	his	PRON
ftr-358	169	40	favor	favor	NOUN
ftr-358	169	41	.	.	PUNCT
ftr-358	170	1	he	he	PRON
ftr-358	170	2	could	could	AUX
ftr-358	170	3	not	not	PART
ftr-358	170	4	justly	justly	ADV
ftr-358	170	5	complain	complain	VERB
ftr-358	170	6	that	that	SCONJ
ftr-358	170	7	it	it	PRON
ftr-358	170	8	was	be	AUX
ftr-358	170	9	too	too	ADV
ftr-358	170	10	high	high	ADJ
ftr-358	170	11	either	either	ADV
ftr-358	170	12	,	,	PUNCT
ftr-358	170	13	because	because	SCONJ
ftr-358	170	14	.	.	PUNCT
ftr-358	170	15	.	.	PUNCT
ftr-358	170	16	.	.	PUNCT
ftr-358	171	1	he	he	PRON
ftr-358	171	2	could	could	AUX
ftr-358	171	3	sell	sell	VERB
ftr-358	171	4	the	the	DET
ftr-358	171	5	shares	share	NOUN
ftr-358	171	6	and	and	CCONJ
ftr-358	171	7	,	,	PUNCT
ftr-358	171	8	with	with	ADP
ftr-358	171	9	no	no	DET
ftr-358	171	10	tax	tax	NOUN
ftr-358	171	11	penalty	penalty	NOUN
ftr-358	171	12	for	for	ADP
ftr-358	171	13	liquidating	liquidate	VERB
ftr-358	171	14	his	his	PRON
ftr-358	171	15	investment	investment	NOUN
ftr-358	171	16	,	,	PUNCT
ftr-358	171	17	make	make	VERB
ftr-358	171	18	an	an	DET
ftr-358	171	19	extra	extra	ADJ
ftr-358	171	20	profit	profit	NOUN
ftr-358	171	21	on	on	ADP
ftr-358	171	22	the	the	DET
ftr-358	171	23	market	market	NOUN
ftr-358	171	24	’s	’s	PART
ftr-358	171	25	apparent	apparent	ADJ
ftr-358	171	26	miscalculation	miscalculation	NOUN
ftr-358	171	27	.	.	PUNCT
ftr-358	172	1	slawson	slawson	PROPN
ftr-358	172	2	,	,	PUNCT
ftr-358	172	3	supra	supra	PROPN
ftr-358	172	4	note	note	NOUN
ftr-358	172	5	4	4	NUM
ftr-358	172	6	,	,	PUNCT
ftr-358	172	7	at	at	ADP
ftr-358	172	8	645	645	NUM
ftr-358	172	9	.	.	PUNCT
ftr-358	172	10	384	384	NUM
ftr-358	172	11	florida	florida	PROPN
ftr-358	172	12	tax	tax	NOUN
ftr-358	172	13	review	review	NOUN
ftr-358	173	1	[	[	X
ftr-358	173	2	vol	vol	NOUN
ftr-358	173	3	.	.	PUNCT
ftr-358	174	1	10:5	10:5	NUM
ftr-358	174	2	perhaps	perhaps	ADV
ftr-358	174	3	even	even	ADV
ftr-358	174	4	more	more	ADV
ftr-358	174	5	significant	significant	ADJ
ftr-358	174	6	is	be	AUX
ftr-358	174	7	the	the	DET
ftr-358	174	8	divisibility	divisibility	NOUN
ftr-358	174	9	of	of	ADP
ftr-358	174	10	publicly	publicly	ADV
ftr-358	174	11	-	-	PUNCT
ftr-358	174	12	traded	trade	VERB
ftr-358	174	13	securities	security	NOUN
ftr-358	174	14	.	.	PUNCT
ftr-358	175	1	in	in	ADP
ftr-358	175	2	most	most	ADJ
ftr-358	175	3	cases	case	NOUN
ftr-358	175	4	,	,	PUNCT
ftr-358	175	5	an	an	DET
ftr-358	175	6	investor	investor	NOUN
ftr-358	175	7	facing	face	VERB
ftr-358	175	8	a	a	DET
ftr-358	175	9	tax	tax	NOUN
ftr-358	175	10	liability	liability	NOUN
ftr-358	175	11	resulting	result	VERB
ftr-358	175	12	from	from	ADP
ftr-358	175	13	the	the	DET
ftr-358	175	14	appreciation	appreciation	NOUN
ftr-358	175	15	of	of	ADP
ftr-358	175	16	securities	security	NOUN
ftr-358	175	17	in	in	ADP
ftr-358	175	18	her	her	PRON
ftr-358	175	19	portfolio	portfolio	NOUN
ftr-358	175	20	can	can	AUX
ftr-358	175	21	sell	sell	VERB
ftr-358	175	22	that	that	DET
ftr-358	175	23	portion	portion	NOUN
ftr-358	175	24	of	of	ADP
ftr-358	175	25	her	her	PRON
ftr-358	175	26	portfolio	portfolio	NOUN
ftr-358	175	27	that	that	PRON
ftr-358	175	28	represents	represent	VERB
ftr-358	175	29	the	the	DET
ftr-358	175	30	government	government	NOUN
ftr-358	175	31	’s	’s	PART
ftr-358	175	32	share	share	NOUN
ftr-358	175	33	of	of	ADP
ftr-358	175	34	the	the	DET
ftr-358	175	35	appreciation	appreciation	NOUN
ftr-358	175	36	and	and	CCONJ
ftr-358	175	37	retain	retain	VERB
ftr-358	175	38	the	the	DET
ftr-358	175	39	remainder	remainder	NOUN
ftr-358	175	40	.	.	PUNCT
ftr-358	176	1	this	this	DET
ftr-358	176	2	high	high	ADJ
ftr-358	176	3	degree	degree	NOUN
ftr-358	176	4	of	of	ADP
ftr-358	176	5	divisibility	divisibility	NOUN
ftr-358	176	6	is	be	AUX
ftr-358	176	7	not	not	PART
ftr-358	176	8	typical	typical	ADJ
ftr-358	176	9	of	of	ADP
ftr-358	176	10	most	most	ADJ
ftr-358	176	11	assets	asset	NOUN
ftr-358	176	12	.	.	PUNCT
ftr-358	177	1	thus	thus	ADV
ftr-358	177	2	,	,	PUNCT
ftr-358	177	3	the	the	DET
ftr-358	177	4	concept	concept	NOUN
ftr-358	177	5	of	of	ADP
ftr-358	177	6	realization	realization	NOUN
ftr-358	177	7	is	be	AUX
ftr-358	177	8	inapplicable	inapplicable	ADJ
ftr-358	177	9	to	to	PART
ftr-358	177	10	publicly	publicly	ADV
ftr-358	177	11	-	-	PUNCT
ftr-358	177	12	traded	trade	VERB
ftr-358	177	13	securities	security	NOUN
ftr-358	177	14	;	;	PUNCT
ftr-358	177	15	gain	gain	NOUN
ftr-358	177	16	from	from	ADP
ftr-358	177	17	the	the	DET
ftr-358	177	18	appreciation	appreciation	NOUN
ftr-358	177	19	of	of	ADP
ftr-358	177	20	publicly	publicly	ADV
ftr-358	177	21	-	-	PUNCT
ftr-358	177	22	traded	trade	VERB
ftr-358	177	23	securities	security	NOUN
ftr-358	177	24	should	should	AUX
ftr-358	177	25	be	be	AUX
ftr-358	177	26	taxed	tax	VERB
ftr-358	177	27	on	on	ADP
ftr-358	177	28	an	an	DET
ftr-358	177	29	accrual	accrual	ADJ
ftr-358	177	30	basis	basis	NOUN
ftr-358	177	31	rather	rather	ADV
ftr-358	177	32	than	than	ADP
ftr-358	177	33	only	only	ADV
ftr-358	177	34	at	at	ADP
ftr-358	177	35	realization	realization	NOUN
ftr-358	177	36	.	.	PUNCT
ftr-358	178	1	calculation	calculation	NOUN
ftr-358	178	2	of	of	ADP
ftr-358	178	3	the	the	DET
ftr-358	178	4	accrued	accrue	VERB
ftr-358	178	5	gain	gain	NOUN
ftr-358	178	6	,	,	PUNCT
ftr-358	178	7	even	even	ADV
ftr-358	178	8	without	without	ADP
ftr-358	178	9	an	an	DET
ftr-358	178	10	actual	actual	ADJ
ftr-358	178	11	sale	sale	NOUN
ftr-358	178	12	,	,	PUNCT
ftr-358	178	13	generally	generally	ADV
ftr-358	178	14	requires	require	VERB
ftr-358	178	15	no	no	PRON
ftr-358	178	16	more	more	ADJ
ftr-358	178	17	than	than	ADP
ftr-358	178	18	a	a	DET
ftr-358	178	19	grade	grade	NOUN
ftr-358	178	20	-	-	PUNCT
ftr-358	178	21	school	school	NOUN
ftr-358	178	22	exercise	exercise	NOUN
ftr-358	178	23	in	in	ADP
ftr-358	178	24	arithmetic	arithmetic	ADJ
ftr-358	178	25	.	.	PUNCT
ftr-358	179	1	requiring	require	VERB
ftr-358	179	2	the	the	DET
ftr-358	179	3	investor	investor	NOUN
ftr-358	179	4	to	to	PART
ftr-358	179	5	pay	pay	VERB
ftr-358	179	6	tax	tax	NOUN
ftr-358	179	7	annually	annually	ADV
ftr-358	179	8	on	on	ADP
ftr-358	179	9	the	the	DET
ftr-358	179	10	accrued	accrue	VERB
ftr-358	179	11	gain	gain	NOUN
ftr-358	179	12	imposes	impose	VERB
ftr-358	179	13	no	no	DET
ftr-358	179	14	insurmountable	insurmountable	ADJ
ftr-358	179	15	hardship	hardship	NOUN
ftr-358	179	16	.	.	PUNCT
ftr-358	180	1	in	in	ADP
ftr-358	180	2	the	the	DET
ftr-358	180	3	worst	bad	ADJ
ftr-358	180	4	case	case	NOUN
ftr-358	180	5	scenario	scenario	NOUN
ftr-358	180	6	,	,	PUNCT
ftr-358	180	7	she	she	PRON
ftr-358	180	8	can	can	AUX
ftr-358	180	9	sell	sell	VERB
ftr-358	180	10	some	some	PRON
ftr-358	180	11	of	of	ADP
ftr-358	180	12	her	her	PRON
ftr-358	180	13	securities	security	NOUN
ftr-358	180	14	to	to	PART
ftr-358	180	15	satisfy	satisfy	VERB
ftr-358	180	16	the	the	DET
ftr-358	180	17	demands	demand	NOUN
ftr-358	180	18	of	of	ADP
ftr-358	180	19	the	the	DET
ftr-358	180	20	tax	tax	NOUN
ftr-358	180	21	collector	collector	NOUN
ftr-358	180	22	.	.	PUNCT
ftr-358	181	1	iii	iii	X
ftr-358	181	2	.	.	PUNCT
ftr-358	181	3	practical	practical	ADJ
ftr-358	181	4	advantages	advantage	NOUN
ftr-358	181	5	of	of	ADP
ftr-358	181	6	accrual	accrual	ADJ
ftr-358	181	7	taxation	taxation	NOUN
ftr-358	181	8	the	the	DET
ftr-358	181	9	conclusion	conclusion	NOUN
ftr-358	181	10	that	that	SCONJ
ftr-358	181	11	publicly	publicly	ADV
ftr-358	181	12	-	-	PUNCT
ftr-358	181	13	traded	trade	VERB
ftr-358	181	14	securities	security	NOUN
ftr-358	181	15	should	should	AUX
ftr-358	181	16	be	be	AUX
ftr-358	181	17	taxed	tax	VERB
ftr-358	181	18	on	on	ADP
ftr-358	181	19	an	an	DET
ftr-358	181	20	accrual	accrual	ADJ
ftr-358	181	21	basis	basis	NOUN
ftr-358	181	22	is	be	AUX
ftr-358	181	23	at	at	ADP
ftr-358	181	24	this	this	DET
ftr-358	181	25	stage	stage	NOUN
ftr-358	181	26	no	no	ADV
ftr-358	181	27	more	more	ADJ
ftr-358	181	28	than	than	ADP
ftr-358	181	29	provisional	provisional	ADJ
ftr-358	181	30	.	.	PUNCT
ftr-358	182	1	we	we	PRON
ftr-358	182	2	still	still	ADV
ftr-358	182	3	need	need	VERB
ftr-358	182	4	to	to	PART
ftr-358	182	5	consider	consider	VERB
ftr-358	182	6	the	the	DET
ftr-358	182	7	practical	practical	ADJ
ftr-358	182	8	effects	effect	NOUN
ftr-358	182	9	of	of	ADP
ftr-358	182	10	the	the	DET
ftr-358	182	11	realization	realization	NOUN
ftr-358	182	12	requirement	requirement	NOUN
ftr-358	182	13	when	when	SCONJ
ftr-358	182	14	applied	apply	VERB
ftr-358	182	15	to	to	ADP
ftr-358	182	16	the	the	DET
ftr-358	182	17	securities	security	NOUN
ftr-358	182	18	market	market	NOUN
ftr-358	182	19	and	and	CCONJ
ftr-358	182	20	compare	compare	VERB
ftr-358	182	21	them	they	PRON
ftr-358	182	22	with	with	ADP
ftr-358	182	23	the	the	DET
ftr-358	182	24	expected	expect	VERB
ftr-358	182	25	effects	effect	NOUN
ftr-358	182	26	of	of	ADP
ftr-358	182	27	rescinding	rescind	VERB
ftr-358	182	28	the	the	DET
ftr-358	182	29	requirement	requirement	NOUN
ftr-358	182	30	of	of	ADP
ftr-358	182	31	realization	realization	NOUN
ftr-358	182	32	.	.	PUNCT
ftr-358	183	1	should	should	AUX
ftr-358	183	2	it	it	PRON
ftr-358	183	3	appear	appear	VERB
ftr-358	183	4	that	that	SCONJ
ftr-358	183	5	taxing	tax	VERB
ftr-358	183	6	gain	gain	NOUN
ftr-358	183	7	only	only	ADV
ftr-358	183	8	when	when	SCONJ
ftr-358	183	9	realized	realize	VERB
ftr-358	183	10	is	be	AUX
ftr-358	183	11	more	more	ADV
ftr-358	183	12	efficient	efficient	ADJ
ftr-358	183	13	economically	economically	ADV
ftr-358	183	14	or	or	CCONJ
ftr-358	183	15	simpler	simple	ADJ
ftr-358	183	16	administratively	administratively	ADV
ftr-358	183	17	,	,	PUNCT
ftr-358	183	18	the	the	DET
ftr-358	183	19	advantages	advantage	NOUN
ftr-358	183	20	of	of	ADP
ftr-358	183	21	realization	realization	NOUN
ftr-358	183	22	would	would	AUX
ftr-358	183	23	need	need	VERB
ftr-358	183	24	to	to	PART
ftr-358	183	25	be	be	AUX
ftr-358	183	26	weighed	weigh	VERB
ftr-358	183	27	against	against	ADP
ftr-358	183	28	the	the	DET
ftr-358	183	29	violation	violation	NOUN
ftr-358	183	30	of	of	ADP
ftr-358	183	31	both	both	CCONJ
ftr-358	183	32	horizontal	horizontal	ADJ
ftr-358	183	33	and	and	CCONJ
ftr-358	183	34	vertical	vertical	ADJ
ftr-358	183	35	equity	equity	NOUN
ftr-358	183	36	inherent	inherent	ADJ
ftr-358	183	37	in	in	ADP
ftr-358	183	38	the	the	DET
ftr-358	183	39	realization	realization	NOUN
ftr-358	183	40	doctrine	doctrine	NOUN
ftr-358	183	41	.	.	PUNCT
ftr-358	184	1	to	to	PART
ftr-358	184	2	avoid	avoid	VERB
ftr-358	184	3	any	any	DET
ftr-358	184	4	unnecessary	unnecessary	ADJ
ftr-358	184	5	build	build	NOUN
ftr-358	184	6	-	-	PUNCT
ftr-358	184	7	up	up	NOUN
ftr-358	184	8	of	of	ADP
ftr-358	184	9	suspense	suspense	NOUN
ftr-358	184	10	,	,	PUNCT
ftr-358	184	11	i	i	PRON
ftr-358	184	12	will	will	AUX
ftr-358	184	13	note	note	VERB
ftr-358	184	14	already	already	ADV
ftr-358	184	15	at	at	ADP
ftr-358	184	16	this	this	DET
ftr-358	184	17	juncture	juncture	NOUN
ftr-358	184	18	that	that	SCONJ
ftr-358	184	19	the	the	DET
ftr-358	184	20	conclusions	conclusion	NOUN
ftr-358	184	21	will	will	AUX
ftr-358	184	22	be	be	AUX
ftr-358	184	23	the	the	DET
ftr-358	184	24	opposite	opposite	NOUN
ftr-358	184	25	.	.	PUNCT
ftr-358	185	1	in	in	ADP
ftr-358	185	2	most	most	ADJ
ftr-358	185	3	cases	case	NOUN
ftr-358	185	4	the	the	DET
ftr-358	185	5	realization	realization	NOUN
ftr-358	185	6	requirement	requirement	NOUN
ftr-358	185	7	complicates	complicate	VERB
ftr-358	185	8	the	the	DET
ftr-358	185	9	tax	tax	NOUN
ftr-358	185	10	system	system	NOUN
ftr-358	185	11	,	,	PUNCT
ftr-358	185	12	leads	lead	VERB
ftr-358	185	13	to	to	ADP
ftr-358	185	14	greater	great	ADJ
ftr-358	185	15	inequity	inequity	NOUN
ftr-358	185	16	than	than	SCONJ
ftr-358	185	17	has	have	AUX
ftr-358	185	18	already	already	ADV
ftr-358	185	19	been	be	AUX
ftr-358	185	20	noted	note	VERB
ftr-358	185	21	,	,	PUNCT
ftr-358	185	22	contributes	contribute	VERB
ftr-358	185	23	to	to	ADP
ftr-358	185	24	economic	economic	ADJ
ftr-358	185	25	inefficiency	inefficiency	NOUN
ftr-358	185	26	,	,	PUNCT
ftr-358	185	27	and	and	CCONJ
ftr-358	185	28	can	can	AUX
ftr-358	185	29	undermine	undermine	VERB
ftr-358	185	30	public	public	ADJ
ftr-358	185	31	faith	faith	NOUN
ftr-358	185	32	in	in	ADP
ftr-358	185	33	the	the	DET
ftr-358	185	34	tax	tax	NOUN
ftr-358	185	35	system	system	NOUN
ftr-358	185	36	.	.	PUNCT
ftr-358	186	1	a.	a.	NOUN
ftr-358	186	2	economic	economic	ADJ
ftr-358	186	3	effects	effect	NOUN
ftr-358	186	4	of	of	ADP
ftr-358	186	5	deferring	defer	VERB
ftr-358	186	6	tax	tax	NOUN
ftr-358	186	7	until	until	ADP
ftr-358	186	8	realization	realization	NOUN
ftr-358	186	9	1	1	NUM
ftr-358	186	10	.	.	PUNCT
ftr-358	187	1	lock	lock	NOUN
ftr-358	187	2	-	-	PUNCT
ftr-358	187	3	in	in	ADP
ftr-358	187	4	effect	effect	NOUN
ftr-358	187	5	deferring	defer	VERB
ftr-358	187	6	tax	tax	NOUN
ftr-358	187	7	on	on	ADP
ftr-358	187	8	unrealized	unrealized	ADJ
ftr-358	187	9	gain	gain	NOUN
ftr-358	187	10	creates	create	VERB
ftr-358	187	11	an	an	DET
ftr-358	187	12	incentive	incentive	NOUN
ftr-358	187	13	to	to	PART
ftr-358	187	14	retain	retain	VERB
ftr-358	187	15	appreciated	appreciated	ADJ
ftr-358	187	16	property	property	NOUN
ftr-358	187	17	.	.	PUNCT
ftr-358	188	1	a	a	DET
ftr-358	188	2	taxpayer	taxpayer	NOUN
ftr-358	188	3	holding	hold	VERB
ftr-358	188	4	such	such	ADJ
ftr-358	188	5	property	property	NOUN
ftr-358	188	6	might	might	NOUN
ftr-358	188	7	,	,	PUNCT
ftr-358	188	8	therefore	therefore	ADV
ftr-358	188	9	,	,	PUNCT
ftr-358	188	10	continue	continue	VERB
ftr-358	188	11	to	to	PART
ftr-358	188	12	do	do	VERB
ftr-358	188	13	so	so	ADV
ftr-358	188	14	even	even	ADV
ftr-358	188	15	though	though	SCONJ
ftr-358	188	16	she	she	PRON
ftr-358	188	17	would	would	AUX
ftr-358	188	18	prefer	prefer	VERB
ftr-358	188	19	—	—	PUNCT
ftr-358	188	20	in	in	ADP
ftr-358	188	21	the	the	DET
ftr-358	188	22	absence	absence	NOUN
ftr-358	188	23	of	of	ADP
ftr-358	188	24	tax	tax	NOUN
ftr-358	188	25	considerations	consideration	NOUN
ftr-358	188	26	—	—	PUNCT
ftr-358	188	27	to	to	PART
ftr-358	188	28	sell	sell	VERB
ftr-358	188	29	.	.	PUNCT
ftr-358	189	1	in	in	ADP
ftr-358	189	2	other	other	ADJ
ftr-358	189	3	words	word	NOUN
ftr-358	189	4	,	,	PUNCT
ftr-358	189	5	the	the	DET
ftr-358	189	6	advantage	advantage	NOUN
ftr-358	189	7	of	of	ADP
ftr-358	189	8	continued	continue	VERB
ftr-358	189	9	deferral	deferral	NOUN
ftr-358	189	10	might	might	AUX
ftr-358	189	11	outweigh	outweigh	VERB
ftr-358	189	12	the	the	DET
ftr-358	189	13	advantage	advantage	NOUN
ftr-358	189	14	of	of	ADP
ftr-358	189	15	moving	move	VERB
ftr-358	189	16	into	into	ADP
ftr-358	189	17	a	a	DET
ftr-358	189	18	different	different	ADJ
ftr-358	189	19	investment	investment	NOUN
ftr-358	189	20	.	.	PUNCT
ftr-358	190	1	this	this	DET
ftr-358	190	2	phenomenon	phenomenon	NOUN
ftr-358	190	3	—	—	PUNCT
ftr-358	190	4	known	know	VERB
ftr-358	190	5	as	as	ADP
ftr-358	190	6	“	"	PUNCT
ftr-358	190	7	the	the	DET
ftr-358	190	8	lock	lock	NOUN
ftr-358	190	9	-	-	PUNCT
ftr-358	190	10	in	in	NOUN
ftr-358	190	11	effect”—impairs	effect”—impairs	ADP
ftr-358	190	12	the	the	DET
ftr-358	190	13	flow	flow	NOUN
ftr-358	190	14	of	of	ADP
ftr-358	190	15	economic	economic	ADJ
ftr-358	190	16	resources	resource	NOUN
ftr-358	190	17	to	to	ADP
ftr-358	190	18	their	their	PRON
ftr-358	190	19	most	most	ADV
ftr-358	190	20	productive	productive	ADJ
ftr-358	190	21	uses	use	NOUN
ftr-358	190	22	,	,	PUNCT
ftr-358	190	23	creating	create	VERB
ftr-358	190	24	economic	economic	ADJ
ftr-358	190	25	inefficiency	inefficiency	NOUN
ftr-358	190	26	and	and	CCONJ
ftr-358	190	27	reducing	reduce	VERB
ftr-358	190	28	societal	societal	ADJ
ftr-358	190	29	welfare	welfare	NOUN
ftr-358	190	30	.	.	PUNCT
ftr-358	191	1	for	for	ADP
ftr-358	191	2	example	example	NOUN
ftr-358	191	3	,	,	PUNCT
ftr-358	191	4	assume	assume	VERB
ftr-358	191	5	that	that	SCONJ
ftr-358	191	6	a	a	DET
ftr-358	191	7	taxpayer	taxpayer	NOUN
ftr-358	191	8	is	be	AUX
ftr-358	191	9	holding	hold	VERB
ftr-358	191	10	on	on	ADP
ftr-358	191	11	to	to	ADP
ftr-358	191	12	a	a	DET
ftr-358	191	13	security	security	NOUN
ftr-358	191	14	whose	whose	DET
ftr-358	191	15	value	value	NOUN
ftr-358	191	16	has	have	AUX
ftr-358	191	17	risen	rise	VERB
ftr-358	191	18	since	since	SCONJ
ftr-358	191	19	it	it	PRON
ftr-358	191	20	was	be	AUX
ftr-358	191	21	purchased	purchase	VERB
ftr-358	191	22	.	.	PUNCT
ftr-358	192	1	due	due	ADP
ftr-358	192	2	to	to	ADP
ftr-358	192	3	the	the	DET
ftr-358	192	4	accrued	accrue	VERB
ftr-358	192	5	gain	gain	NOUN
ftr-358	192	6	,	,	PUNCT
ftr-358	192	7	2010	2010	NUM
ftr-358	192	8	]	]	PUNCT
ftr-358	192	9	the	the	DET
ftr-358	192	10	myth	myth	NOUN
ftr-358	192	11	of	of	ADP
ftr-358	192	12	realization	realization	NOUN
ftr-358	192	13	:	:	PUNCT
ftr-358	192	14	mark	mark	NOUN
ftr-358	192	15	-	-	PUNCT
ftr-358	192	16	to	to	ADP
ftr-358	192	17	-	-	PUNCT
ftr-358	192	18	market	market	NOUN
ftr-358	192	19	taxation	taxation	NOUN
ftr-358	192	20	385	385	NUM
ftr-358	192	21	selling	sell	VERB
ftr-358	192	22	the	the	DET
ftr-358	192	23	security	security	NOUN
ftr-358	192	24	will	will	AUX
ftr-358	192	25	impose	impose	VERB
ftr-358	192	26	an	an	DET
ftr-358	192	27	immediate	immediate	ADJ
ftr-358	192	28	tax	tax	NOUN
ftr-358	192	29	burden	burden	NOUN
ftr-358	192	30	,	,	PUNCT
ftr-358	192	31	while	while	SCONJ
ftr-358	192	32	refraining	refrain	VERB
ftr-358	192	33	from	from	ADP
ftr-358	192	34	selling	selling	NOUN
ftr-358	192	35	will	will	AUX
ftr-358	192	36	allow	allow	VERB
ftr-358	192	37	continued	continued	ADJ
ftr-358	192	38	deferral	deferral	NOUN
ftr-358	192	39	of	of	ADP
ftr-358	192	40	the	the	DET
ftr-358	192	41	tax	tax	NOUN
ftr-358	192	42	.	.	PUNCT
ftr-358	193	1	if	if	SCONJ
ftr-358	193	2	the	the	DET
ftr-358	193	3	taxpayer	taxpayer	NOUN
ftr-358	193	4	is	be	AUX
ftr-358	193	5	considering	consider	VERB
ftr-358	193	6	selling	sell	VERB
ftr-358	193	7	the	the	DET
ftr-358	193	8	security	security	NOUN
ftr-358	193	9	and	and	CCONJ
ftr-358	193	10	purchasing	purchase	VERB
ftr-358	193	11	another	another	DET
ftr-358	193	12	security	security	NOUN
ftr-358	193	13	in	in	ADP
ftr-358	193	14	its	its	PRON
ftr-358	193	15	place	place	NOUN
ftr-358	193	16	,	,	PUNCT
ftr-358	193	17	she	she	PRON
ftr-358	193	18	will	will	AUX
ftr-358	193	19	need	need	VERB
ftr-358	193	20	to	to	PART
ftr-358	193	21	consider	consider	VERB
ftr-358	193	22	not	not	PART
ftr-358	193	23	only	only	ADV
ftr-358	193	24	her	her	PRON
ftr-358	193	25	expectations	expectation	NOUN
ftr-358	193	26	regarding	regard	VERB
ftr-358	193	27	the	the	DET
ftr-358	193	28	return	return	NOUN
ftr-358	193	29	that	that	PRON
ftr-358	193	30	each	each	DET
ftr-358	193	31	security	security	NOUN
ftr-358	193	32	will	will	AUX
ftr-358	193	33	deliver	deliver	VERB
ftr-358	193	34	in	in	ADP
ftr-358	193	35	the	the	DET
ftr-358	193	36	future	future	NOUN
ftr-358	193	37	,	,	PUNCT
ftr-358	193	38	but	but	CCONJ
ftr-358	193	39	also	also	ADV
ftr-358	193	40	the	the	DET
ftr-358	193	41	tax	tax	NOUN
ftr-358	193	42	cost	cost	NOUN
ftr-358	193	43	involved	involve	VERB
ftr-358	193	44	in	in	ADP
ftr-358	193	45	moving	move	VERB
ftr-358	193	46	from	from	ADP
ftr-358	193	47	one	one	NUM
ftr-358	193	48	security	security	NOUN
ftr-358	193	49	to	to	ADP
ftr-358	193	50	the	the	DET
ftr-358	193	51	other	other	ADJ
ftr-358	193	52	.	.	PUNCT
ftr-358	194	1	she	she	PRON
ftr-358	194	2	may	may	AUX
ftr-358	194	3	determine	determine	VERB
ftr-358	194	4	that	that	SCONJ
ftr-358	194	5	the	the	DET
ftr-358	194	6	alternative	alternative	ADJ
ftr-358	194	7	investment	investment	NOUN
ftr-358	194	8	will	will	AUX
ftr-358	194	9	provide	provide	VERB
ftr-358	194	10	a	a	DET
ftr-358	194	11	greater	great	ADJ
ftr-358	194	12	return	return	NOUN
ftr-358	194	13	than	than	ADP
ftr-358	194	14	her	her	PRON
ftr-358	194	15	current	current	ADJ
ftr-358	194	16	investment	investment	NOUN
ftr-358	194	17	but	but	CCONJ
ftr-358	194	18	that	that	SCONJ
ftr-358	194	19	the	the	DET
ftr-358	194	20	tax	tax	NOUN
ftr-358	194	21	cost	cost	NOUN
ftr-358	194	22	of	of	ADP
ftr-358	194	23	adjusting	adjust	VERB
ftr-358	194	24	her	her	PRON
ftr-358	194	25	portfolio	portfolio	NOUN
ftr-358	194	26	will	will	AUX
ftr-358	194	27	outweigh	outweigh	VERB
ftr-358	194	28	the	the	DET
ftr-358	194	29	advantages.16	advantages.16	NOUN
ftr-358	194	30	the	the	DET
ftr-358	194	31	substitution	substitution	NOUN
ftr-358	194	32	effect	effect	NOUN
ftr-358	194	33	prevents	prevent	VERB
ftr-358	194	34	resources	resource	NOUN
ftr-358	194	35	from	from	ADP
ftr-358	194	36	being	be	AUX
ftr-358	194	37	directed	direct	VERB
ftr-358	194	38	to	to	ADP
ftr-358	194	39	their	their	PRON
ftr-358	194	40	most	most	ADV
ftr-358	194	41	efficient	efficient	ADJ
ftr-358	194	42	uses	use	NOUN
ftr-358	194	43	and	and	CCONJ
ftr-358	194	44	,	,	PUNCT
ftr-358	194	45	by	by	ADP
ftr-358	194	46	doing	do	VERB
ftr-358	194	47	so	so	ADV
ftr-358	194	48	,	,	PUNCT
ftr-358	194	49	negatively	negatively	ADV
ftr-358	194	50	impacts	impact	VERB
ftr-358	194	51	total	total	ADJ
ftr-358	194	52	societal	societal	ADJ
ftr-358	194	53	16	16	NUM
ftr-358	194	54	.	.	PUNCT
ftr-358	195	1	specifically	specifically	ADV
ftr-358	195	2	,	,	PUNCT
ftr-358	195	3	the	the	DET
ftr-358	195	4	lock	lock	NOUN
ftr-358	195	5	-	-	PUNCT
ftr-358	195	6	in	in	ADP
ftr-358	195	7	effect	effect	NOUN
ftr-358	195	8	will	will	AUX
ftr-358	195	9	be	be	AUX
ftr-358	195	10	felt	feel	VERB
ftr-358	195	11	whenever	whenever	SCONJ
ftr-358	195	12	ra	ra	PROPN
ftr-358	195	13	ap	ap	PROPN
ftr-358	195	14	/	/	PUNCT
ftr-358	196	1	[	[	X
ftr-358	196	2	ap	ap	X
ftr-358	196	3	–	–	PUNCT
ftr-358	196	4	t(ap	t(ap	PROPN
ftr-358	196	5	–	–	PUNCT
ftr-358	196	6	ac	ac	PROPN
ftr-358	196	7	)	)	PUNCT
ftr-358	196	8	]	]	PUNCT
ftr-358	196	9	>	>	X
ftr-358	196	10	rb	rb	X
ftr-358	196	11	>	>	X
ftr-358	196	12	ra	ra	PROPN
ftr-358	196	13	,	,	PUNCT
ftr-358	196	14	where	where	SCONJ
ftr-358	196	15	rx	rx	VERB
ftr-358	196	16	=	=	PUNCT
ftr-358	196	17	the	the	DET
ftr-358	196	18	expected	expect	VERB
ftr-358	196	19	return	return	NOUN
ftr-358	196	20	of	of	ADP
ftr-358	196	21	security	security	NOUN
ftr-358	196	22	x	x	X
ftr-358	196	23	(	(	PUNCT
ftr-358	196	24	e.g.	e.g.	ADV
ftr-358	196	25	,	,	PUNCT
ftr-358	196	26	when	when	SCONJ
ftr-358	196	27	security	security	NOUN
ftr-358	196	28	x	x	VERB
ftr-358	196	29	is	be	AUX
ftr-358	196	30	expected	expect	VERB
ftr-358	196	31	to	to	PART
ftr-358	196	32	increase	increase	VERB
ftr-358	196	33	by	by	ADP
ftr-358	196	34	10	10	NUM
ftr-358	196	35	%	%	NOUN
ftr-358	196	36	,	,	PUNCT
ftr-358	196	37	then	then	ADV
ftr-358	196	38	rx	rx	VERB
ftr-358	196	39	will	will	AUX
ftr-358	196	40	equal	equal	VERB
ftr-358	196	41	0.1	0.1	NUM
ftr-358	196	42	)	)	PUNCT
ftr-358	196	43	a	a	DET
ftr-358	196	44	=	=	X
ftr-358	196	45	the	the	DET
ftr-358	196	46	currently	currently	ADV
ftr-358	196	47	held	hold	VERB
ftr-358	196	48	security	security	NOUN
ftr-358	196	49	b	b	NOUN
ftr-358	196	50	=	=	PRON
ftr-358	196	51	the	the	DET
ftr-358	196	52	alternative	alternative	ADJ
ftr-358	196	53	security	security	NOUN
ftr-358	196	54	xp	xp	NOUN
ftr-358	197	1	=	=	NOUN
ftr-358	197	2	the	the	DET
ftr-358	197	3	present	present	ADJ
ftr-358	197	4	market	market	NOUN
ftr-358	197	5	value	value	NOUN
ftr-358	197	6	of	of	ADP
ftr-358	197	7	security	security	NOUN
ftr-358	197	8	x	x	X
ftr-358	197	9	xc	xc	PROPN
ftr-358	198	1	=	=	PUNCT
ftr-358	198	2	the	the	DET
ftr-358	198	3	taxpayers	taxpayer	NOUN
ftr-358	198	4	basis	basis	VERB
ftr-358	198	5	in	in	ADP
ftr-358	198	6	security	security	NOUN
ftr-358	198	7	x	x	X
ftr-358	198	8	t	t	NOUN
ftr-358	198	9	=	=	PUNCT
ftr-358	198	10	the	the	DET
ftr-358	198	11	relevant	relevant	ADJ
ftr-358	198	12	tax	tax	NOUN
ftr-358	198	13	rate	rate	NOUN
ftr-358	198	14	.	.	PUNCT
ftr-358	199	1	for	for	ADP
ftr-358	199	2	example	example	NOUN
ftr-358	199	3	,	,	PUNCT
ftr-358	199	4	assume	assume	VERB
ftr-358	199	5	that	that	SCONJ
ftr-358	199	6	the	the	DET
ftr-358	199	7	taxpayer	taxpayer	NOUN
ftr-358	199	8	purchased	purchase	VERB
ftr-358	199	9	a	a	DET
ftr-358	199	10	security	security	NOUN
ftr-358	199	11	for	for	ADP
ftr-358	199	12	$	$	SYM
ftr-358	199	13	100	100	NUM
ftr-358	199	14	,	,	PUNCT
ftr-358	199	15	its	its	PRON
ftr-358	199	16	present	present	ADJ
ftr-358	199	17	market	market	NOUN
ftr-358	199	18	value	value	NOUN
ftr-358	199	19	is	be	AUX
ftr-358	199	20	$	$	SYM
ftr-358	199	21	300	300	NUM
ftr-358	199	22	,	,	PUNCT
ftr-358	199	23	the	the	DET
ftr-358	199	24	relevant	relevant	ADJ
ftr-358	199	25	tax	tax	NOUN
ftr-358	199	26	rate	rate	NOUN
ftr-358	199	27	is	be	AUX
ftr-358	199	28	15	15	NUM
ftr-358	199	29	%	%	NOUN
ftr-358	199	30	,	,	PUNCT
ftr-358	199	31	and	and	CCONJ
ftr-358	199	32	the	the	DET
ftr-358	199	33	taxpayer	taxpayer	NOUN
ftr-358	199	34	expects	expect	VERB
ftr-358	199	35	the	the	DET
ftr-358	199	36	security	security	NOUN
ftr-358	199	37	to	to	PART
ftr-358	199	38	rise	rise	VERB
ftr-358	199	39	in	in	ADP
ftr-358	199	40	value	value	NOUN
ftr-358	199	41	by	by	ADP
ftr-358	199	42	a	a	DET
ftr-358	199	43	further	further	ADJ
ftr-358	199	44	50	50	NUM
ftr-358	199	45	%	%	NOUN
ftr-358	199	46	.	.	PUNCT
ftr-358	200	1	she	she	PRON
ftr-358	200	2	is	be	AUX
ftr-358	200	3	considering	consider	VERB
ftr-358	200	4	selling	sell	VERB
ftr-358	200	5	the	the	DET
ftr-358	200	6	security	security	NOUN
ftr-358	200	7	in	in	ADP
ftr-358	200	8	order	order	NOUN
ftr-358	200	9	to	to	PART
ftr-358	200	10	invest	invest	VERB
ftr-358	200	11	the	the	DET
ftr-358	200	12	proceeds	proceed	NOUN
ftr-358	200	13	in	in	ADP
ftr-358	200	14	a	a	DET
ftr-358	200	15	different	different	ADJ
ftr-358	200	16	security	security	NOUN
ftr-358	200	17	.	.	PUNCT
ftr-358	201	1	the	the	DET
ftr-358	201	2	question	question	NOUN
ftr-358	201	3	is	be	AUX
ftr-358	201	4	,	,	PUNCT
ftr-358	201	5	what	what	PRON
ftr-358	201	6	must	must	AUX
ftr-358	201	7	the	the	DET
ftr-358	201	8	anticipated	anticipate	VERB
ftr-358	201	9	future	future	ADJ
ftr-358	201	10	appreciation	appreciation	NOUN
ftr-358	201	11	of	of	ADP
ftr-358	201	12	the	the	DET
ftr-358	201	13	alternative	alternative	ADJ
ftr-358	201	14	security	security	NOUN
ftr-358	201	15	be	be	VERB
ftr-358	201	16	in	in	ADP
ftr-358	201	17	order	order	NOUN
ftr-358	201	18	to	to	PART
ftr-358	201	19	justify	justify	VERB
ftr-358	201	20	the	the	DET
ftr-358	201	21	switch	switch	NOUN
ftr-358	201	22	?	?	PUNCT
ftr-358	202	1	disregarding	disregard	VERB
ftr-358	202	2	tax	tax	NOUN
ftr-358	202	3	considerations	consideration	NOUN
ftr-358	202	4	,	,	PUNCT
ftr-358	202	5	she	she	PRON
ftr-358	202	6	would	would	AUX
ftr-358	202	7	sell	sell	VERB
ftr-358	202	8	the	the	DET
ftr-358	202	9	current	current	ADJ
ftr-358	202	10	security	security	NOUN
ftr-358	202	11	and	and	CCONJ
ftr-358	202	12	invest	invest	VERB
ftr-358	202	13	in	in	ADP
ftr-358	202	14	the	the	DET
ftr-358	202	15	alternative	alternative	ADJ
ftr-358	202	16	security	security	NOUN
ftr-358	202	17	whenever	whenever	SCONJ
ftr-358	202	18	the	the	DET
ftr-358	202	19	expected	expect	VERB
ftr-358	202	20	appreciation	appreciation	NOUN
ftr-358	202	21	of	of	ADP
ftr-358	202	22	the	the	DET
ftr-358	202	23	alternative	alternative	ADJ
ftr-358	202	24	security	security	NOUN
ftr-358	202	25	over	over	ADP
ftr-358	202	26	the	the	DET
ftr-358	202	27	period	period	NOUN
ftr-358	202	28	of	of	ADP
ftr-358	202	29	time	time	NOUN
ftr-358	202	30	during	during	ADP
ftr-358	202	31	which	which	PRON
ftr-358	202	32	the	the	DET
ftr-358	202	33	current	current	ADJ
ftr-358	202	34	security	security	NOUN
ftr-358	202	35	is	be	AUX
ftr-358	202	36	expected	expect	VERB
ftr-358	202	37	to	to	PART
ftr-358	202	38	increase	increase	VERB
ftr-358	202	39	by	by	ADP
ftr-358	202	40	50	50	NUM
ftr-358	202	41	%	%	NOUN
ftr-358	202	42	is	be	AUX
ftr-358	202	43	greater	great	ADJ
ftr-358	202	44	than	than	ADP
ftr-358	202	45	50	50	NUM
ftr-358	202	46	%	%	NOUN
ftr-358	202	47	.	.	PUNCT
ftr-358	203	1	in	in	ADP
ftr-358	203	2	other	other	ADJ
ftr-358	203	3	words	word	NOUN
ftr-358	203	4	,	,	PUNCT
ftr-358	203	5	she	she	PRON
ftr-358	203	6	will	will	AUX
ftr-358	203	7	make	make	VERB
ftr-358	203	8	the	the	DET
ftr-358	203	9	switch	switch	NOUN
ftr-358	203	10	whenever	whenever	SCONJ
ftr-358	203	11	rb	rb	VERB
ftr-358	203	12	>	>	X
ftr-358	203	13	ra	ra	PROPN
ftr-358	203	14	.	.	PUNCT
ftr-358	204	1	however	however	ADV
ftr-358	204	2	,	,	PUNCT
ftr-358	204	3	if	if	SCONJ
ftr-358	204	4	she	she	PRON
ftr-358	204	5	were	be	AUX
ftr-358	204	6	to	to	PART
ftr-358	204	7	sell	sell	VERB
ftr-358	204	8	the	the	DET
ftr-358	204	9	current	current	ADJ
ftr-358	204	10	security	security	NOUN
ftr-358	204	11	she	she	PRON
ftr-358	204	12	would	would	AUX
ftr-358	204	13	be	be	AUX
ftr-358	204	14	liable	liable	ADJ
ftr-358	204	15	for	for	ADP
ftr-358	204	16	tax	tax	NOUN
ftr-358	204	17	in	in	ADP
ftr-358	204	18	the	the	DET
ftr-358	204	19	amount	amount	NOUN
ftr-358	204	20	of	of	ADP
ftr-358	204	21	(	(	PUNCT
ftr-358	204	22	$	$	SYM
ftr-358	204	23	300-$100	300-$100	NUM
ftr-358	204	24	)	)	PUNCT
ftr-358	204	25	x	x	SYM
ftr-358	204	26	15	15	NUM
ftr-358	204	27	%	%	NOUN
ftr-358	204	28	=	=	NOUN
ftr-358	204	29	$	$	SYM
ftr-358	204	30	30	30	NUM
ftr-358	204	31	,	,	PUNCT
ftr-358	204	32	and	and	CCONJ
ftr-358	204	33	will	will	AUX
ftr-358	204	34	be	be	AUX
ftr-358	204	35	left	leave	VERB
ftr-358	204	36	with	with	ADP
ftr-358	204	37	only	only	ADV
ftr-358	204	38	$	$	SYM
ftr-358	204	39	270	270	NUM
ftr-358	204	40	to	to	PART
ftr-358	204	41	reinvest	reinvest	VERB
ftr-358	204	42	.	.	PUNCT
ftr-358	205	1	in	in	ADP
ftr-358	205	2	order	order	NOUN
ftr-358	205	3	to	to	PART
ftr-358	205	4	persuade	persuade	VERB
ftr-358	205	5	her	she	PRON
ftr-358	205	6	to	to	PART
ftr-358	205	7	move	move	VERB
ftr-358	205	8	to	to	ADP
ftr-358	205	9	the	the	DET
ftr-358	205	10	alternative	alternative	ADJ
ftr-358	205	11	investment	investment	NOUN
ftr-358	205	12	,	,	PUNCT
ftr-358	205	13	the	the	DET
ftr-358	205	14	alternative	alternative	ADJ
ftr-358	205	15	investment	investment	NOUN
ftr-358	205	16	must	must	AUX
ftr-358	205	17	promise	promise	VERB
ftr-358	205	18	a	a	DET
ftr-358	205	19	return	return	NOUN
ftr-358	205	20	of	of	ADP
ftr-358	205	21	56	56	NUM
ftr-358	205	22	%	%	NOUN
ftr-358	205	23	over	over	ADP
ftr-358	205	24	the	the	DET
ftr-358	205	25	same	same	ADJ
ftr-358	205	26	time	time	NOUN
ftr-358	205	27	period	period	NOUN
ftr-358	205	28	.	.	PUNCT
ftr-358	206	1	when	when	SCONJ
ftr-358	206	2	the	the	DET
ftr-358	206	3	expected	expect	VERB
ftr-358	206	4	appreciation	appreciation	NOUN
ftr-358	206	5	of	of	ADP
ftr-358	206	6	the	the	DET
ftr-358	206	7	alternative	alternative	ADJ
ftr-358	206	8	investment	investment	NOUN
ftr-358	206	9	is	be	AUX
ftr-358	206	10	greater	great	ADJ
ftr-358	206	11	than	than	ADP
ftr-358	206	12	the	the	DET
ftr-358	206	13	expected	expect	VERB
ftr-358	206	14	appreciation	appreciation	NOUN
ftr-358	206	15	of	of	ADP
ftr-358	206	16	the	the	DET
ftr-358	206	17	currently	currently	ADV
ftr-358	206	18	held	hold	VERB
ftr-358	206	19	investment	investment	NOUN
ftr-358	206	20	,	,	PUNCT
ftr-358	206	21	but	but	CCONJ
ftr-358	206	22	the	the	DET
ftr-358	206	23	additional	additional	ADJ
ftr-358	206	24	return	return	NOUN
ftr-358	206	25	is	be	AUX
ftr-358	206	26	insufficient	insufficient	ADJ
ftr-358	206	27	to	to	PART
ftr-358	206	28	counteract	counteract	VERB
ftr-358	206	29	the	the	DET
ftr-358	206	30	disadvantage	disadvantage	NOUN
ftr-358	206	31	inherent	inherent	ADJ
ftr-358	206	32	in	in	ADP
ftr-358	206	33	the	the	DET
ftr-358	206	34	fact	fact	NOUN
ftr-358	206	35	that	that	SCONJ
ftr-358	206	36	the	the	DET
ftr-358	206	37	taxpayer	taxpayer	NOUN
ftr-358	206	38	’s	’s	PART
ftr-358	206	39	investment	investment	NOUN
ftr-358	206	40	in	in	ADP
ftr-358	206	41	the	the	DET
ftr-358	206	42	alternative	alternative	ADJ
ftr-358	206	43	investment	investment	NOUN
ftr-358	206	44	is	be	AUX
ftr-358	206	45	limited	limit	VERB
ftr-358	206	46	to	to	ADP
ftr-358	206	47	the	the	DET
ftr-358	206	48	after	after	ADP
ftr-358	206	49	-	-	PUNCT
ftr-358	206	50	tax	tax	NOUN
ftr-358	206	51	proceeds	proceed	NOUN
ftr-358	206	52	of	of	ADP
ftr-358	206	53	the	the	DET
ftr-358	206	54	sale	sale	NOUN
ftr-358	206	55	of	of	ADP
ftr-358	206	56	the	the	DET
ftr-358	206	57	currently	currently	ADV
ftr-358	206	58	held	hold	VERB
ftr-358	206	59	asset	asset	NOUN
ftr-358	206	60	,	,	PUNCT
ftr-358	206	61	whereas	whereas	SCONJ
ftr-358	206	62	by	by	ADP
ftr-358	206	63	continuing	continue	VERB
ftr-358	206	64	to	to	PART
ftr-358	206	65	hold	hold	VERB
ftr-358	206	66	the	the	DET
ftr-358	206	67	current	current	ADJ
ftr-358	206	68	asset	asset	NOUN
ftr-358	206	69	she	she	PRON
ftr-358	206	70	can	can	AUX
ftr-358	206	71	,	,	PUNCT
ftr-358	206	72	in	in	ADP
ftr-358	206	73	effect	effect	NOUN
ftr-358	206	74	,	,	PUNCT
ftr-358	206	75	invest	invest	VERB
ftr-358	206	76	the	the	DET
ftr-358	206	77	entire	entire	ADJ
ftr-358	206	78	value	value	NOUN
ftr-358	206	79	of	of	ADP
ftr-358	206	80	the	the	DET
ftr-358	206	81	asset	asset	NOUN
ftr-358	206	82	,	,	PUNCT
ftr-358	206	83	tax	tax	NOUN
ftr-358	206	84	considerations	consideration	NOUN
ftr-358	206	85	will	will	AUX
ftr-358	206	86	dissuade	dissuade	VERB
ftr-358	206	87	the	the	DET
ftr-358	206	88	taxpayer	taxpayer	NOUN
ftr-358	206	89	from	from	ADP
ftr-358	206	90	altering	alter	VERB
ftr-358	206	91	her	her	PRON
ftr-358	206	92	investment	investment	NOUN
ftr-358	206	93	and	and	CCONJ
ftr-358	206	94	the	the	DET
ftr-358	206	95	substitution	substitution	NOUN
ftr-358	206	96	effect	effect	NOUN
ftr-358	206	97	of	of	ADP
ftr-358	206	98	the	the	DET
ftr-358	206	99	tax	tax	NOUN
ftr-358	206	100	will	will	AUX
ftr-358	206	101	be	be	AUX
ftr-358	206	102	felt	feel	VERB
ftr-358	206	103	.	.	PUNCT
ftr-358	207	1	in	in	ADP
ftr-358	207	2	our	our	PRON
ftr-358	207	3	example	example	NOUN
ftr-358	207	4	,	,	PUNCT
ftr-358	207	5	where	where	SCONJ
ftr-358	207	6	the	the	DET
ftr-358	207	7	expected	expect	VERB
ftr-358	207	8	return	return	NOUN
ftr-358	207	9	from	from	ADP
ftr-358	207	10	the	the	DET
ftr-358	207	11	alternative	alternative	ADJ
ftr-358	207	12	investment	investment	NOUN
ftr-358	207	13	is	be	AUX
ftr-358	207	14	greater	great	ADJ
ftr-358	207	15	than	than	ADP
ftr-358	207	16	50	50	NUM
ftr-358	207	17	%	%	NOUN
ftr-358	207	18	but	but	CCONJ
ftr-358	207	19	less	less	ADJ
ftr-358	207	20	than	than	ADP
ftr-358	207	21	60	60	NUM
ftr-358	207	22	%	%	NOUN
ftr-358	207	23	,	,	PUNCT
ftr-358	207	24	the	the	DET
ftr-358	207	25	substitution	substitution	NOUN
ftr-358	207	26	effect	effect	NOUN
ftr-358	207	27	will	will	AUX
ftr-358	207	28	cause	cause	VERB
ftr-358	207	29	the	the	DET
ftr-358	207	30	taxpayer	taxpayer	NOUN
ftr-358	207	31	not	not	PART
ftr-358	207	32	to	to	PART
ftr-358	207	33	make	make	VERB
ftr-358	207	34	the	the	DET
ftr-358	207	35	change	change	NOUN
ftr-358	207	36	in	in	ADP
ftr-358	207	37	her	her	PRON
ftr-358	207	38	investment	investment	NOUN
ftr-358	207	39	portfolio	portfolio	NOUN
ftr-358	207	40	.	.	PUNCT
ftr-358	208	1	386	386	NUM
ftr-358	208	2	florida	florida	PROPN
ftr-358	208	3	tax	tax	NOUN
ftr-358	208	4	review	review	NOUN
ftr-358	209	1	[	[	X
ftr-358	209	2	vol	vol	NOUN
ftr-358	209	3	.	.	PUNCT
ftr-358	210	1	10:5	10:5	NUM
ftr-358	210	2	welfare	welfare	NOUN
ftr-358	210	3	.	.	PUNCT
ftr-358	211	1	this	this	PRON
ftr-358	211	2	is	be	AUX
ftr-358	211	3	particularly	particularly	ADV
ftr-358	211	4	true	true	ADJ
ftr-358	211	5	with	with	ADP
ftr-358	211	6	regard	regard	NOUN
ftr-358	211	7	to	to	ADP
ftr-358	211	8	the	the	DET
ftr-358	211	9	capital	capital	NOUN
ftr-358	211	10	markets	market	NOUN
ftr-358	211	11	.	.	PUNCT
ftr-358	212	1	for	for	ADP
ftr-358	212	2	example	example	NOUN
ftr-358	212	3	,	,	PUNCT
ftr-358	212	4	a	a	DET
ftr-358	212	5	corporation	corporation	NOUN
ftr-358	212	6	trying	try	VERB
ftr-358	212	7	to	to	PART
ftr-358	212	8	raise	raise	VERB
ftr-358	212	9	funds	fund	NOUN
ftr-358	212	10	on	on	ADP
ftr-358	212	11	the	the	DET
ftr-358	212	12	market	market	NOUN
ftr-358	212	13	must	must	AUX
ftr-358	212	14	offer	offer	VERB
ftr-358	212	15	a	a	DET
ftr-358	212	16	return	return	NOUN
ftr-358	212	17	at	at	ADP
ftr-358	212	18	least	least	ADJ
ftr-358	212	19	equal	equal	ADJ
ftr-358	212	20	to	to	ADP
ftr-358	212	21	the	the	DET
ftr-358	212	22	prevailing	prevail	VERB
ftr-358	212	23	return	return	NOUN
ftr-358	212	24	for	for	ADP
ftr-358	212	25	securities	security	NOUN
ftr-358	212	26	of	of	ADP
ftr-358	212	27	comparable	comparable	ADJ
ftr-358	212	28	risk	risk	NOUN
ftr-358	212	29	.	.	PUNCT
ftr-358	213	1	a	a	DET
ftr-358	213	2	corporation	corporation	NOUN
ftr-358	213	3	offering	offer	VERB
ftr-358	213	4	a	a	DET
ftr-358	213	5	lower	low	ADJ
ftr-358	213	6	return	return	NOUN
ftr-358	213	7	will	will	AUX
ftr-358	213	8	not	not	PART
ftr-358	213	9	be	be	AUX
ftr-358	213	10	able	able	ADJ
ftr-358	213	11	to	to	PART
ftr-358	213	12	convince	convince	VERB
ftr-358	213	13	investors	investor	NOUN
ftr-358	213	14	to	to	PART
ftr-358	213	15	purchase	purchase	VERB
ftr-358	213	16	the	the	DET
ftr-358	213	17	securities	security	NOUN
ftr-358	213	18	it	it	PRON
ftr-358	213	19	is	be	AUX
ftr-358	213	20	offering	offer	VERB
ftr-358	213	21	.	.	PUNCT
ftr-358	214	1	thus	thus	ADV
ftr-358	214	2	,	,	PUNCT
ftr-358	214	3	in	in	ADP
ftr-358	214	4	theory	theory	NOUN
ftr-358	214	5	,	,	PUNCT
ftr-358	214	6	only	only	ADV
ftr-358	214	7	those	those	DET
ftr-358	214	8	corporations	corporation	NOUN
ftr-358	214	9	that	that	PRON
ftr-358	214	10	can	can	AUX
ftr-358	214	11	put	put	VERB
ftr-358	214	12	investors	investor	NOUN
ftr-358	214	13	’	’	PART
ftr-358	214	14	funds	fund	NOUN
ftr-358	214	15	to	to	PART
ftr-358	214	16	use	use	VERB
ftr-358	214	17	in	in	ADP
ftr-358	214	18	the	the	DET
ftr-358	214	19	most	most	ADV
ftr-358	214	20	efficient	efficient	ADJ
ftr-358	214	21	manner	manner	NOUN
ftr-358	214	22	will	will	AUX
ftr-358	214	23	be	be	AUX
ftr-358	214	24	able	able	ADJ
ftr-358	214	25	to	to	PART
ftr-358	214	26	sell	sell	VERB
ftr-358	214	27	their	their	PRON
ftr-358	214	28	securities	security	NOUN
ftr-358	214	29	.	.	PUNCT
ftr-358	215	1	however	however	ADV
ftr-358	215	2	,	,	PUNCT
ftr-358	215	3	due	due	ADP
ftr-358	215	4	to	to	ADP
ftr-358	215	5	the	the	DET
ftr-358	215	6	lock	lock	NOUN
ftr-358	215	7	-	-	PUNCT
ftr-358	215	8	in	in	ADP
ftr-358	215	9	effect	effect	NOUN
ftr-358	215	10	,	,	PUNCT
ftr-358	215	11	a	a	DET
ftr-358	215	12	corporation	corporation	NOUN
ftr-358	215	13	attempting	attempt	VERB
ftr-358	215	14	to	to	PART
ftr-358	215	15	sell	sell	VERB
ftr-358	215	16	securities	security	NOUN
ftr-358	215	17	may	may	AUX
ftr-358	215	18	have	have	VERB
ftr-358	215	19	to	to	PART
ftr-358	215	20	convince	convince	VERB
ftr-358	215	21	investors	investor	NOUN
ftr-358	215	22	not	not	PART
ftr-358	215	23	only	only	ADV
ftr-358	215	24	that	that	SCONJ
ftr-358	215	25	the	the	DET
ftr-358	215	26	expected	expect	VERB
ftr-358	215	27	return	return	NOUN
ftr-358	215	28	is	be	AUX
ftr-358	215	29	not	not	PART
ftr-358	215	30	less	less	ADJ
ftr-358	215	31	than	than	ADP
ftr-358	215	32	that	that	PRON
ftr-358	215	33	of	of	ADP
ftr-358	215	34	comparable	comparable	ADJ
ftr-358	215	35	alternative	alternative	ADJ
ftr-358	215	36	investments	investment	NOUN
ftr-358	215	37	,	,	PUNCT
ftr-358	215	38	but	but	CCONJ
ftr-358	215	39	that	that	SCONJ
ftr-358	215	40	the	the	DET
ftr-358	215	41	expected	expect	VERB
ftr-358	215	42	return	return	NOUN
ftr-358	215	43	is	be	AUX
ftr-358	215	44	sufficiently	sufficiently	ADV
ftr-358	215	45	greater	great	ADJ
ftr-358	215	46	so	so	SCONJ
ftr-358	215	47	as	as	SCONJ
ftr-358	215	48	to	to	PART
ftr-358	215	49	compensate	compensate	VERB
ftr-358	215	50	for	for	ADP
ftr-358	215	51	waiving	waive	VERB
ftr-358	215	52	the	the	DET
ftr-358	215	53	advantages	advantage	NOUN
ftr-358	215	54	of	of	ADP
ftr-358	215	55	continued	continue	VERB
ftr-358	215	56	deferral	deferral	NOUN
ftr-358	215	57	of	of	ADP
ftr-358	215	58	the	the	DET
ftr-358	215	59	unrealized	unrealized	ADJ
ftr-358	215	60	gain	gain	NOUN
ftr-358	215	61	inherent	inherent	ADJ
ftr-358	215	62	in	in	ADP
ftr-358	215	63	currently	currently	ADV
ftr-358	215	64	held	hold	VERB
ftr-358	215	65	assets.17	assets.17	PROPN
ftr-358	215	66	the	the	DET
ftr-358	215	67	lock	lock	NOUN
ftr-358	215	68	-	-	PUNCT
ftr-358	215	69	in	in	ADP
ftr-358	215	70	effect	effect	NOUN
ftr-358	215	71	is	be	AUX
ftr-358	215	72	not	not	PART
ftr-358	215	73	an	an	DET
ftr-358	215	74	inevitable	inevitable	ADJ
ftr-358	215	75	consequence	consequence	NOUN
ftr-358	215	76	of	of	ADP
ftr-358	215	77	taxing	tax	VERB
ftr-358	215	78	income	income	NOUN
ftr-358	215	79	,	,	PUNCT
ftr-358	215	80	in	in	ADP
ftr-358	215	81	general	general	ADJ
ftr-358	215	82	,	,	PUNCT
ftr-358	215	83	or	or	CCONJ
ftr-358	215	84	of	of	ADP
ftr-358	215	85	taxing	tax	VERB
ftr-358	215	86	capital	capital	NOUN
ftr-358	215	87	gains	gain	NOUN
ftr-358	215	88	,	,	PUNCT
ftr-358	215	89	in	in	ADP
ftr-358	215	90	particular	particular	ADJ
ftr-358	215	91	.	.	PUNCT
ftr-358	216	1	it	it	PRON
ftr-358	216	2	results	result	VERB
ftr-358	216	3	not	not	PART
ftr-358	216	4	from	from	ADP
ftr-358	216	5	imposing	impose	VERB
ftr-358	216	6	tax	tax	NOUN
ftr-358	216	7	on	on	ADP
ftr-358	216	8	gain	gain	NOUN
ftr-358	216	9	,	,	PUNCT
ftr-358	216	10	but	but	CCONJ
ftr-358	216	11	from	from	ADP
ftr-358	216	12	deferring	defer	VERB
ftr-358	216	13	the	the	DET
ftr-358	216	14	tax	tax	NOUN
ftr-358	216	15	until	until	SCONJ
ftr-358	216	16	the	the	DET
ftr-358	216	17	gain	gain	NOUN
ftr-358	216	18	is	be	AUX
ftr-358	216	19	realized	realize	VERB
ftr-358	216	20	and	and	CCONJ
ftr-358	216	21	thereby	thereby	ADV
ftr-358	216	22	creating	create	VERB
ftr-358	216	23	an	an	DET
ftr-358	216	24	incentive	incentive	NOUN
ftr-358	216	25	to	to	PART
ftr-358	216	26	continue	continue	VERB
ftr-358	216	27	holding	hold	VERB
ftr-358	216	28	the	the	DET
ftr-358	216	29	asset	asset	NOUN
ftr-358	216	30	.	.	PUNCT
ftr-358	217	1	tax	tax	NOUN
ftr-358	217	2	imposed	impose	VERB
ftr-358	217	3	on	on	ADP
ftr-358	217	4	an	an	DET
ftr-358	217	5	accrual	accrual	ADJ
ftr-358	217	6	basis	basis	NOUN
ftr-358	217	7	would	would	AUX
ftr-358	217	8	not	not	PART
ftr-358	217	9	create	create	VERB
ftr-358	217	10	such	such	ADJ
ftr-358	217	11	incentives	incentive	NOUN
ftr-358	217	12	.	.	PUNCT
ftr-358	218	1	the	the	DET
ftr-358	218	2	tax	tax	NOUN
ftr-358	218	3	would	would	AUX
ftr-358	218	4	be	be	AUX
ftr-358	218	5	imposed	impose	VERB
ftr-358	218	6	whether	whether	SCONJ
ftr-358	218	7	the	the	DET
ftr-358	218	8	asset	asset	NOUN
ftr-358	218	9	were	be	AUX
ftr-358	218	10	sold	sell	VERB
ftr-358	218	11	or	or	CCONJ
ftr-358	218	12	held	hold	VERB
ftr-358	218	13	.	.	PUNCT
ftr-358	219	1	as	as	SCONJ
ftr-358	219	2	the	the	DET
ftr-358	219	3	decision	decision	NOUN
ftr-358	219	4	to	to	PART
ftr-358	219	5	sell	sell	VERB
ftr-358	219	6	would	would	AUX
ftr-358	219	7	not	not	PART
ftr-358	219	8	affect	affect	VERB
ftr-358	219	9	the	the	DET
ftr-358	219	10	timing	timing	NOUN
ftr-358	219	11	of	of	ADP
ftr-358	219	12	the	the	DET
ftr-358	219	13	tax	tax	NOUN
ftr-358	219	14	,	,	PUNCT
ftr-358	219	15	the	the	DET
ftr-358	219	16	tax	tax	NOUN
ftr-358	219	17	would	would	AUX
ftr-358	219	18	not	not	PART
ftr-358	219	19	influence	influence	VERB
ftr-358	219	20	the	the	DET
ftr-358	219	21	decision.18	decision.18	NOUN
ftr-358	219	22	2	2	X
ftr-358	219	23	.	.	PUNCT
ftr-358	220	1	the	the	DET
ftr-358	220	2	effect	effect	NOUN
ftr-358	220	3	of	of	ADP
ftr-358	220	4	the	the	DET
ftr-358	220	5	proposed	propose	VERB
ftr-358	220	6	tax	tax	NOUN
ftr-358	220	7	on	on	ADP
ftr-358	220	8	the	the	DET
ftr-358	220	9	volatility	volatility	NOUN
ftr-358	220	10	of	of	ADP
ftr-358	220	11	the	the	DET
ftr-358	220	12	market	market	NOUN
ftr-358	220	13	nonrecognition	nonrecognition	NOUN
ftr-358	220	14	of	of	ADP
ftr-358	220	15	unrealized	unrealized	ADJ
ftr-358	220	16	gains	gain	NOUN
ftr-358	220	17	and	and	CCONJ
ftr-358	220	18	losses	loss	NOUN
ftr-358	220	19	can	can	AUX
ftr-358	220	20	accentuate	accentuate	VERB
ftr-358	220	21	market	market	NOUN
ftr-358	220	22	instability	instability	NOUN
ftr-358	220	23	and	and	CCONJ
ftr-358	220	24	intensify	intensify	VERB
ftr-358	220	25	volatility	volatility	NOUN
ftr-358	220	26	.	.	PUNCT
ftr-358	221	1	due	due	ADP
ftr-358	221	2	to	to	ADP
ftr-358	221	3	both	both	CCONJ
ftr-358	221	4	economic	economic	ADJ
ftr-358	221	5	and	and	CCONJ
ftr-358	221	6	psychological	psychological	ADJ
ftr-358	221	7	factors	factor	NOUN
ftr-358	221	8	,	,	PUNCT
ftr-358	221	9	capital	capital	NOUN
ftr-358	221	10	markets	market	NOUN
ftr-358	221	11	routinely	routinely	ADV
ftr-358	221	12	undergo	undergo	VERB
ftr-358	221	13	periods	period	NOUN
ftr-358	221	14	of	of	ADP
ftr-358	221	15	rising	rise	VERB
ftr-358	221	16	and	and	CCONJ
ftr-358	221	17	falling	fall	VERB
ftr-358	221	18	share	share	NOUN
ftr-358	221	19	prices	price	NOUN
ftr-358	221	20	.	.	PUNCT
ftr-358	222	1	where	where	SCONJ
ftr-358	222	2	gains	gain	NOUN
ftr-358	222	3	and	and	CCONJ
ftr-358	222	4	losses	loss	NOUN
ftr-358	222	5	are	be	AUX
ftr-358	222	6	only	only	ADV
ftr-358	222	7	taken	take	VERB
ftr-358	222	8	into	into	ADP
ftr-358	222	9	account	account	NOUN
ftr-358	222	10	for	for	ADP
ftr-358	222	11	tax	tax	NOUN
ftr-358	222	12	purposes	purpose	NOUN
ftr-358	222	13	when	when	SCONJ
ftr-358	222	14	securities	security	NOUN
ftr-358	222	15	are	be	AUX
ftr-358	222	16	sold	sell	VERB
ftr-358	222	17	,	,	PUNCT
ftr-358	222	18	the	the	DET
ftr-358	222	19	tax	tax	NOUN
ftr-358	222	20	may	may	AUX
ftr-358	222	21	tend	tend	VERB
ftr-358	222	22	to	to	PART
ftr-358	222	23	exaggerate	exaggerate	VERB
ftr-358	222	24	the	the	DET
ftr-358	222	25	market	market	NOUN
ftr-358	222	26	’s	’s	PART
ftr-358	222	27	natural	natural	ADJ
ftr-358	222	28	volatility	volatility	NOUN
ftr-358	222	29	.	.	PUNCT
ftr-358	223	1	during	during	ADP
ftr-358	223	2	a	a	DET
ftr-358	223	3	rising	rise	VERB
ftr-358	223	4	market	market	NOUN
ftr-358	223	5	,	,	PUNCT
ftr-358	223	6	many	many	ADJ
ftr-358	223	7	securities	security	NOUN
ftr-358	223	8	will	will	AUX
ftr-358	223	9	contain	contain	VERB
ftr-358	223	10	unrealized	unrealized	ADJ
ftr-358	223	11	gain	gain	NOUN
ftr-358	223	12	.	.	PUNCT
ftr-358	224	1	selling	sell	VERB
ftr-358	224	2	the	the	DET
ftr-358	224	3	investment	investment	NOUN
ftr-358	224	4	will	will	AUX
ftr-358	224	5	expose	expose	VERB
ftr-358	224	6	the	the	DET
ftr-358	224	7	investor	investor	NOUN
ftr-358	224	8	to	to	PART
ftr-358	224	9	tax	tax	VERB
ftr-358	224	10	on	on	ADP
ftr-358	224	11	the	the	DET
ftr-358	224	12	appreciated	appreciated	ADJ
ftr-358	224	13	value	value	NOUN
ftr-358	224	14	.	.	PUNCT
ftr-358	225	1	continuing	continue	VERB
ftr-358	225	2	to	to	PART
ftr-358	225	3	hold	hold	VERB
ftr-358	225	4	the	the	DET
ftr-358	225	5	investment	investment	NOUN
ftr-358	225	6	allows	allow	VERB
ftr-358	225	7	the	the	DET
ftr-358	225	8	investor	investor	NOUN
ftr-358	225	9	to	to	PART
ftr-358	225	10	continue	continue	VERB
ftr-358	225	11	deferring	defer	VERB
ftr-358	225	12	the	the	DET
ftr-358	225	13	gain	gain	NOUN
ftr-358	225	14	.	.	PUNCT
ftr-358	226	1	investors	investor	NOUN
ftr-358	226	2	may	may	AUX
ftr-358	226	3	,	,	PUNCT
ftr-358	226	4	therefore	therefore	ADV
ftr-358	226	5	,	,	PUNCT
ftr-358	226	6	prefer	prefer	VERB
ftr-358	226	7	holding	hold	VERB
ftr-358	226	8	on	on	ADP
ftr-358	226	9	to	to	ADP
ftr-358	226	10	their	their	PRON
ftr-358	226	11	17	17	NUM
ftr-358	226	12	.	.	PUNCT
ftr-358	227	1	in	in	ADP
ftr-358	227	2	the	the	DET
ftr-358	227	3	example	example	NOUN
ftr-358	227	4	in	in	ADP
ftr-358	227	5	footnote	footnote	NOUN
ftr-358	227	6	16	16	NUM
ftr-358	227	7	,	,	PUNCT
ftr-358	227	8	in	in	ADP
ftr-358	227	9	order	order	NOUN
ftr-358	227	10	to	to	PART
ftr-358	227	11	convince	convince	VERB
ftr-358	227	12	the	the	DET
ftr-358	227	13	investor	investor	NOUN
ftr-358	227	14	to	to	PART
ftr-358	227	15	sell	sell	VERB
ftr-358	227	16	currently	currently	ADV
ftr-358	227	17	held	hold	VERB
ftr-358	227	18	securities	security	NOUN
ftr-358	227	19	expected	expect	VERB
ftr-358	227	20	to	to	PART
ftr-358	227	21	generate	generate	VERB
ftr-358	227	22	a	a	DET
ftr-358	227	23	return	return	NOUN
ftr-358	227	24	of	of	ADP
ftr-358	227	25	50	50	NUM
ftr-358	227	26	%	%	NOUN
ftr-358	227	27	,	,	PUNCT
ftr-358	227	28	the	the	DET
ftr-358	227	29	issuing	issue	VERB
ftr-358	227	30	corporation	corporation	NOUN
ftr-358	227	31	will	will	AUX
ftr-358	227	32	need	need	VERB
ftr-358	227	33	to	to	PART
ftr-358	227	34	offer	offer	VERB
ftr-358	227	35	a	a	DET
ftr-358	227	36	return	return	NOUN
ftr-358	227	37	,	,	PUNCT
ftr-358	227	38	at	at	ADP
ftr-358	227	39	no	no	DET
ftr-358	227	40	greater	great	ADJ
ftr-358	227	41	risk	risk	NOUN
ftr-358	227	42	,	,	PUNCT
ftr-358	227	43	of	of	ADP
ftr-358	227	44	no	no	DET
ftr-358	227	45	less	less	ADJ
ftr-358	227	46	than	than	ADP
ftr-358	227	47	60	60	NUM
ftr-358	227	48	%	%	NOUN
ftr-358	227	49	.	.	PUNCT
ftr-358	228	1	18	18	NUM
ftr-358	228	2	.	.	X
ftr-358	229	1	slawson	slawson	PROPN
ftr-358	229	2	,	,	PUNCT
ftr-358	229	3	supra	supra	PROPN
ftr-358	229	4	note	note	NOUN
ftr-358	229	5	4	4	NUM
ftr-358	229	6	,	,	PUNCT
ftr-358	229	7	at	at	ADP
ftr-358	229	8	644	644	NUM
ftr-358	229	9	.	.	PUNCT
ftr-358	230	1	the	the	DET
ftr-358	230	2	realization	realization	NOUN
ftr-358	230	3	principle	principle	NOUN
ftr-358	230	4	can	can	AUX
ftr-358	230	5	also	also	ADV
ftr-358	230	6	influence	influence	VERB
ftr-358	230	7	the	the	DET
ftr-358	230	8	type	type	NOUN
ftr-358	230	9	of	of	ADP
ftr-358	230	10	investment	investment	NOUN
ftr-358	230	11	that	that	PRON
ftr-358	230	12	the	the	DET
ftr-358	230	13	investor	investor	NOUN
ftr-358	230	14	will	will	AUX
ftr-358	230	15	prefer	prefer	VERB
ftr-358	230	16	.	.	PUNCT
ftr-358	231	1	an	an	DET
ftr-358	231	2	investment	investment	NOUN
ftr-358	231	3	offering	offer	VERB
ftr-358	231	4	long	long	ADJ
ftr-358	231	5	term	term	NOUN
ftr-358	231	6	appreciation	appreciation	NOUN
ftr-358	231	7	may	may	AUX
ftr-358	231	8	be	be	AUX
ftr-358	231	9	preferable	preferable	ADJ
ftr-358	231	10	to	to	ADP
ftr-358	231	11	an	an	DET
ftr-358	231	12	investment	investment	NOUN
ftr-358	231	13	producing	produce	VERB
ftr-358	231	14	currently	currently	ADV
ftr-358	231	15	taxed	tax	VERB
ftr-358	231	16	income	income	NOUN
ftr-358	231	17	.	.	PUNCT
ftr-358	232	1	however	however	ADV
ftr-358	232	2	,	,	PUNCT
ftr-358	232	3	it	it	PRON
ftr-358	232	4	should	should	AUX
ftr-358	232	5	be	be	AUX
ftr-358	232	6	noted	note	VERB
ftr-358	232	7	that	that	SCONJ
ftr-358	232	8	economists	economist	NOUN
ftr-358	232	9	are	be	AUX
ftr-358	232	10	unable	unable	ADJ
ftr-358	232	11	to	to	PART
ftr-358	232	12	quantify	quantify	VERB
ftr-358	232	13	the	the	DET
ftr-358	232	14	effect	effect	NOUN
ftr-358	232	15	of	of	ADP
ftr-358	232	16	taxes	taxis	NOUN
ftr-358	232	17	on	on	ADP
ftr-358	232	18	investors	investor	NOUN
ftr-358	232	19	’	’	PART
ftr-358	232	20	decisions	decision	NOUN
ftr-358	232	21	.	.	PUNCT
ftr-358	233	1	james	james	PROPN
ftr-358	233	2	w.	w.	PROPN
ftr-358	233	3	wetzler	wetzler	PROPN
ftr-358	233	4	,	,	PUNCT
ftr-358	233	5	comments	comment	NOUN
ftr-358	233	6	,	,	PUNCT
ftr-358	233	7	how	how	SCONJ
ftr-358	233	8	taxes	taxis	NOUN
ftr-358	233	9	affect	affect	VERB
ftr-358	233	10	economic	economic	ADJ
ftr-358	233	11	behavior	behavior	NOUN
ftr-358	233	12	277	277	NUM
ftr-358	233	13	(	(	PUNCT
ftr-358	233	14	henry	henry	PROPN
ftr-358	233	15	j.	j.	PROPN
ftr-358	233	16	aaron	aaron	PROPN
ftr-358	233	17	&	&	CCONJ
ftr-358	233	18	jerry	jerry	PROPN
ftr-358	233	19	a.	a.	PROPN
ftr-358	233	20	pechman	pechman	PROPN
ftr-358	233	21	eds	eds	PROPN
ftr-358	233	22	.	.	PROPN
ftr-358	233	23	,	,	PUNCT
ftr-358	233	24	1981	1981	NUM
ftr-358	233	25	)	)	PUNCT
ftr-358	233	26	.	.	PUNCT
ftr-358	234	1	for	for	ADP
ftr-358	234	2	a	a	DET
ftr-358	234	3	discussion	discussion	NOUN
ftr-358	234	4	of	of	ADP
ftr-358	234	5	the	the	DET
ftr-358	234	6	possible	possible	ADJ
ftr-358	234	7	effects	effect	NOUN
ftr-358	234	8	of	of	ADP
ftr-358	234	9	accrual	accrual	ADJ
ftr-358	234	10	taxation	taxation	NOUN
ftr-358	234	11	on	on	ADP
ftr-358	234	12	the	the	DET
ftr-358	234	13	ability	ability	NOUN
ftr-358	234	14	of	of	ADP
ftr-358	234	15	corporations	corporation	NOUN
ftr-358	234	16	to	to	PART
ftr-358	234	17	raise	raise	VERB
ftr-358	234	18	funds	fund	NOUN
ftr-358	234	19	on	on	ADP
ftr-358	234	20	the	the	DET
ftr-358	234	21	market	market	NOUN
ftr-358	234	22	,	,	PUNCT
ftr-358	234	23	see	see	VERB
ftr-358	234	24	louie	louie	PROPN
ftr-358	234	25	,	,	PUNCT
ftr-358	234	26	supra	supra	PROPN
ftr-358	234	27	note	note	NOUN
ftr-358	234	28	4	4	NUM
ftr-358	234	29	,	,	PUNCT
ftr-358	234	30	at	at	ADP
ftr-358	234	31	867–70	867–70	NUM
ftr-358	234	32	.	.	PUNCT
ftr-358	235	1	2010	2010	NUM
ftr-358	235	2	]	]	PUNCT
ftr-358	235	3	the	the	DET
ftr-358	235	4	myth	myth	NOUN
ftr-358	235	5	of	of	ADP
ftr-358	235	6	realization	realization	NOUN
ftr-358	235	7	:	:	PUNCT
ftr-358	235	8	mark	mark	NOUN
ftr-358	235	9	-	-	PUNCT
ftr-358	235	10	to	to	ADP
ftr-358	235	11	-	-	PUNCT
ftr-358	235	12	market	market	NOUN
ftr-358	235	13	taxation	taxation	NOUN
ftr-358	235	14	387	387	NUM
ftr-358	235	15	investments	investment	NOUN
ftr-358	235	16	where	where	SCONJ
ftr-358	235	17	,	,	PUNCT
ftr-358	235	18	in	in	ADP
ftr-358	235	19	the	the	DET
ftr-358	235	20	absence	absence	NOUN
ftr-358	235	21	of	of	ADP
ftr-358	235	22	tax	tax	NOUN
ftr-358	235	23	considerations	consideration	NOUN
ftr-358	235	24	,	,	PUNCT
ftr-358	235	25	they	they	PRON
ftr-358	235	26	might	might	AUX
ftr-358	235	27	have	have	VERB
ftr-358	235	28	preferred	preferred	ADJ
ftr-358	235	29	selling	selling	NOUN
ftr-358	235	30	.	.	PUNCT
ftr-358	236	1	the	the	DET
ftr-358	236	2	tax	tax	NOUN
ftr-358	236	3	considerations	consideration	NOUN
ftr-358	236	4	will	will	AUX
ftr-358	236	5	not	not	PART
ftr-358	236	6	,	,	PUNCT
ftr-358	236	7	of	of	ADP
ftr-358	236	8	course	course	NOUN
ftr-358	236	9	,	,	PUNCT
ftr-358	236	10	prevent	prevent	VERB
ftr-358	236	11	all	all	DET
ftr-358	236	12	investors	investor	NOUN
ftr-358	236	13	from	from	ADP
ftr-358	236	14	selling	sell	VERB
ftr-358	236	15	;	;	PUNCT
ftr-358	236	16	many	many	ADJ
ftr-358	236	17	will	will	AUX
ftr-358	236	18	choose	choose	VERB
ftr-358	236	19	to	to	PART
ftr-358	236	20	realize	realize	VERB
ftr-358	236	21	their	their	PRON
ftr-358	236	22	gain	gain	NOUN
ftr-358	236	23	despite	despite	SCONJ
ftr-358	236	24	the	the	DET
ftr-358	236	25	tax	tax	NOUN
ftr-358	236	26	cost	cost	NOUN
ftr-358	236	27	involved	involve	VERB
ftr-358	236	28	.	.	PUNCT
ftr-358	237	1	nonetheless	nonetheless	ADV
ftr-358	237	2	,	,	PUNCT
ftr-358	237	3	if	if	SCONJ
ftr-358	237	4	some	some	PRON
ftr-358	237	5	continue	continue	VERB
ftr-358	237	6	to	to	PART
ftr-358	237	7	hold	hold	VERB
ftr-358	237	8	on	on	ADP
ftr-358	237	9	to	to	ADP
ftr-358	237	10	shares	share	NOUN
ftr-358	237	11	that	that	SCONJ
ftr-358	237	12	,	,	PUNCT
ftr-358	237	13	absent	absent	ADJ
ftr-358	237	14	tax	tax	NOUN
ftr-358	237	15	considerations	consideration	NOUN
ftr-358	237	16	,	,	PUNCT
ftr-358	237	17	they	they	PRON
ftr-358	237	18	would	would	AUX
ftr-358	237	19	have	have	AUX
ftr-358	237	20	preferred	prefer	VERB
ftr-358	237	21	to	to	PART
ftr-358	237	22	sell	sell	VERB
ftr-358	237	23	,	,	PUNCT
ftr-358	237	24	then	then	ADV
ftr-358	237	25	the	the	DET
ftr-358	237	26	number	number	NOUN
ftr-358	237	27	of	of	ADP
ftr-358	237	28	shares	share	NOUN
ftr-358	237	29	offered	offer	VERB
ftr-358	237	30	for	for	ADP
ftr-358	237	31	sale	sale	NOUN
ftr-358	237	32	will	will	AUX
ftr-358	237	33	be	be	AUX
ftr-358	237	34	less	less	ADJ
ftr-358	237	35	than	than	SCONJ
ftr-358	237	36	it	it	PRON
ftr-358	237	37	otherwise	otherwise	ADV
ftr-358	237	38	would	would	AUX
ftr-358	237	39	have	have	AUX
ftr-358	237	40	been	be	AUX
ftr-358	237	41	.	.	PUNCT
ftr-358	238	1	if	if	SCONJ
ftr-358	238	2	the	the	DET
ftr-358	238	3	demand	demand	NOUN
ftr-358	238	4	for	for	ADP
ftr-358	238	5	shares	share	NOUN
ftr-358	238	6	is	be	AUX
ftr-358	238	7	unaffected	unaffected	ADJ
ftr-358	238	8	then	then	ADV
ftr-358	238	9	,	,	PUNCT
ftr-358	238	10	in	in	ADP
ftr-358	238	11	accordance	accordance	NOUN
ftr-358	238	12	with	with	ADP
ftr-358	238	13	the	the	DET
ftr-358	238	14	most	most	ADV
ftr-358	238	15	fundamental	fundamental	ADJ
ftr-358	238	16	law	law	NOUN
ftr-358	238	17	of	of	ADP
ftr-358	238	18	economics	economic	NOUN
ftr-358	238	19	,	,	PUNCT
ftr-358	238	20	the	the	DET
ftr-358	238	21	price	price	NOUN
ftr-358	238	22	at	at	ADP
ftr-358	238	23	which	which	PRON
ftr-358	238	24	the	the	DET
ftr-358	238	25	marginal	marginal	ADJ
ftr-358	238	26	seller	seller	NOUN
ftr-358	238	27	and	and	CCONJ
ftr-358	238	28	the	the	DET
ftr-358	238	29	marginal	marginal	ADJ
ftr-358	238	30	buyer	buyer	NOUN
ftr-358	238	31	meet	meet	NOUN
ftr-358	238	32	will	will	AUX
ftr-358	238	33	be	be	AUX
ftr-358	238	34	higher	high	ADJ
ftr-358	238	35	than	than	SCONJ
ftr-358	238	36	it	it	PRON
ftr-358	238	37	would	would	AUX
ftr-358	238	38	otherwise	otherwise	ADV
ftr-358	238	39	have	have	AUX
ftr-358	238	40	been	be	AUX
ftr-358	238	41	.	.	PUNCT
ftr-358	239	1	thus	thus	ADV
ftr-358	239	2	,	,	PUNCT
ftr-358	239	3	taxing	tax	VERB
ftr-358	239	4	appreciation	appreciation	NOUN
ftr-358	239	5	only	only	ADV
ftr-358	239	6	upon	upon	SCONJ
ftr-358	239	7	realization	realization	NOUN
ftr-358	239	8	may	may	AUX
ftr-358	239	9	contribute	contribute	VERB
ftr-358	239	10	to	to	ADP
ftr-358	239	11	the	the	DET
ftr-358	239	12	creation	creation	NOUN
ftr-358	239	13	and	and	CCONJ
ftr-358	239	14	intensity	intensity	NOUN
ftr-358	239	15	of	of	ADP
ftr-358	239	16	a	a	DET
ftr-358	239	17	market	market	NOUN
ftr-358	239	18	bubble	bubble	NOUN
ftr-358	239	19	.	.	PUNCT
ftr-358	240	1	the	the	DET
ftr-358	240	2	realization	realization	NOUN
ftr-358	240	3	principle	principle	NOUN
ftr-358	240	4	may	may	AUX
ftr-358	240	5	also	also	ADV
ftr-358	240	6	intensify	intensify	VERB
ftr-358	240	7	bear	bear	NOUN
ftr-358	240	8	markets	market	NOUN
ftr-358	240	9	.	.	PUNCT
ftr-358	241	1	first	first	ADV
ftr-358	241	2	,	,	PUNCT
ftr-358	241	3	as	as	SCONJ
ftr-358	241	4	the	the	DET
ftr-358	241	5	market	market	NOUN
ftr-358	241	6	will	will	AUX
ftr-358	241	7	begin	begin	VERB
ftr-358	241	8	its	its	PRON
ftr-358	241	9	decent	decent	NOUN
ftr-358	241	10	from	from	ADP
ftr-358	241	11	a	a	DET
ftr-358	241	12	higher	high	ADJ
ftr-358	241	13	point	point	NOUN
ftr-358	241	14	,	,	PUNCT
ftr-358	241	15	due	due	ADP
ftr-358	241	16	to	to	ADP
ftr-358	241	17	the	the	DET
ftr-358	241	18	effect	effect	NOUN
ftr-358	241	19	of	of	ADP
ftr-358	241	20	the	the	DET
ftr-358	241	21	tax	tax	NOUN
ftr-358	241	22	in	in	ADP
ftr-358	241	23	the	the	DET
ftr-358	241	24	prior	prior	ADJ
ftr-358	241	25	bull	bull	NOUN
ftr-358	241	26	phase	phase	NOUN
ftr-358	241	27	,	,	PUNCT
ftr-358	241	28	the	the	DET
ftr-358	241	29	difference	difference	NOUN
ftr-358	241	30	between	between	ADP
ftr-358	241	31	the	the	DET
ftr-358	241	32	value	value	NOUN
ftr-358	241	33	of	of	ADP
ftr-358	241	34	shares	share	NOUN
ftr-358	241	35	at	at	ADP
ftr-358	241	36	the	the	DET
ftr-358	241	37	peak	peak	NOUN
ftr-358	241	38	and	and	CCONJ
ftr-358	241	39	at	at	ADP
ftr-358	241	40	the	the	DET
ftr-358	241	41	subsequent	subsequent	ADJ
ftr-358	241	42	bottom	bottom	NOUN
ftr-358	241	43	will	will	AUX
ftr-358	241	44	likely	likely	ADV
ftr-358	241	45	be	be	AUX
ftr-358	241	46	greater	great	ADJ
ftr-358	241	47	.	.	PUNCT
ftr-358	242	1	second	second	ADJ
ftr-358	242	2	,	,	PUNCT
ftr-358	242	3	during	during	ADP
ftr-358	242	4	a	a	DET
ftr-358	242	5	bear	bear	NOUN
ftr-358	242	6	market	market	NOUN
ftr-358	242	7	,	,	PUNCT
ftr-358	242	8	shares	share	NOUN
ftr-358	242	9	will	will	AUX
ftr-358	242	10	often	often	ADV
ftr-358	242	11	contain	contain	VERB
ftr-358	242	12	unrealized	unrealized	ADJ
ftr-358	242	13	losses	loss	NOUN
ftr-358	242	14	,	,	PUNCT
ftr-358	242	15	which	which	PRON
ftr-358	242	16	are	be	AUX
ftr-358	242	17	not	not	PART
ftr-358	242	18	recognized	recognize	VERB
ftr-358	242	19	for	for	ADP
ftr-358	242	20	tax	tax	NOUN
ftr-358	242	21	purposes	purpose	NOUN
ftr-358	242	22	.	.	PUNCT
ftr-358	243	1	in	in	ADP
ftr-358	243	2	a	a	DET
ftr-358	243	3	mirror	mirror	NOUN
ftr-358	243	4	image	image	NOUN
ftr-358	243	5	of	of	ADP
ftr-358	243	6	the	the	DET
ftr-358	243	7	bull	bull	NOUN
ftr-358	243	8	market	market	NOUN
ftr-358	243	9	,	,	PUNCT
ftr-358	243	10	investors	investor	NOUN
ftr-358	243	11	may	may	AUX
ftr-358	243	12	sell	sell	VERB
ftr-358	243	13	stock	stock	NOUN
ftr-358	243	14	in	in	ADP
ftr-358	243	15	order	order	NOUN
ftr-358	243	16	to	to	PART
ftr-358	243	17	recognize	recognize	VERB
ftr-358	243	18	those	those	DET
ftr-358	243	19	losses	loss	NOUN
ftr-358	243	20	.	.	PUNCT
ftr-358	244	1	the	the	DET
ftr-358	244	2	additional	additional	ADJ
ftr-358	244	3	selling	selling	NOUN
ftr-358	244	4	may	may	AUX
ftr-358	244	5	mean	mean	VERB
ftr-358	244	6	that	that	SCONJ
ftr-358	244	7	the	the	DET
ftr-358	244	8	price	price	NOUN
ftr-358	244	9	at	at	ADP
ftr-358	244	10	which	which	PRON
ftr-358	244	11	shares	share	NOUN
ftr-358	244	12	are	be	AUX
ftr-358	244	13	traded	trade	VERB
ftr-358	244	14	will	will	AUX
ftr-358	244	15	be	be	AUX
ftr-358	244	16	lower	low	ADJ
ftr-358	244	17	than	than	SCONJ
ftr-358	244	18	it	it	PRON
ftr-358	244	19	would	would	AUX
ftr-358	244	20	have	have	AUX
ftr-358	244	21	been	be	AUX
ftr-358	244	22	absent	absent	ADJ
ftr-358	244	23	the	the	DET
ftr-358	244	24	tax	tax	NOUN
ftr-358	244	25	considerations.19	considerations.19	NOUN
ftr-358	244	26	the	the	DET
ftr-358	244	27	phenomenon	phenomenon	NOUN
ftr-358	244	28	of	of	ADP
ftr-358	244	29	exacerbating	exacerbate	VERB
ftr-358	244	30	market	market	NOUN
ftr-358	244	31	volatility	volatility	NOUN
ftr-358	244	32	is	be	AUX
ftr-358	244	33	a	a	DET
ftr-358	244	34	consequence	consequence	NOUN
ftr-358	244	35	of	of	ADP
ftr-358	244	36	recognizing	recognize	VERB
ftr-358	244	37	gain	gain	NOUN
ftr-358	244	38	or	or	CCONJ
ftr-358	244	39	loss	loss	NOUN
ftr-358	244	40	only	only	ADV
ftr-358	244	41	when	when	SCONJ
ftr-358	244	42	securities	security	NOUN
ftr-358	244	43	are	be	AUX
ftr-358	244	44	sold	sell	VERB
ftr-358	244	45	.	.	PUNCT
ftr-358	245	1	were	be	AUX
ftr-358	245	2	gains	gain	NOUN
ftr-358	245	3	and	and	CCONJ
ftr-358	245	4	losses	loss	NOUN
ftr-358	245	5	recognized	recognize	VERB
ftr-358	245	6	on	on	ADP
ftr-358	245	7	an	an	DET
ftr-358	245	8	accrual	accrual	ADJ
ftr-358	245	9	basis	basis	NOUN
ftr-358	245	10	,	,	PUNCT
ftr-358	245	11	whether	whether	SCONJ
ftr-358	245	12	or	or	CCONJ
ftr-358	245	13	not	not	PART
ftr-358	245	14	the	the	DET
ftr-358	245	15	assets	asset	NOUN
ftr-358	245	16	were	be	AUX
ftr-358	245	17	sold	sell	VERB
ftr-358	245	18	,	,	PUNCT
ftr-358	245	19	the	the	DET
ftr-358	245	20	investor	investor	NOUN
ftr-358	245	21	would	would	AUX
ftr-358	245	22	not	not	PART
ftr-358	245	23	obtain	obtain	VERB
ftr-358	245	24	any	any	DET
ftr-358	245	25	tax	tax	NOUN
ftr-358	245	26	advantage	advantage	NOUN
ftr-358	245	27	or	or	CCONJ
ftr-358	245	28	suffer	suffer	VERB
ftr-358	245	29	any	any	DET
ftr-358	245	30	tax	tax	NOUN
ftr-358	245	31	disadvantage	disadvantage	NOUN
ftr-358	245	32	from	from	ADP
ftr-358	245	33	continuing	continue	VERB
ftr-358	245	34	to	to	PART
ftr-358	245	35	hold	hold	VERB
ftr-358	245	36	the	the	DET
ftr-358	245	37	security	security	NOUN
ftr-358	245	38	:	:	PUNCT
ftr-358	245	39	past	past	ADJ
ftr-358	245	40	appreciation	appreciation	NOUN
ftr-358	245	41	or	or	CCONJ
ftr-358	245	42	depreciation	depreciation	NOUN
ftr-358	245	43	would	would	AUX
ftr-358	245	44	be	be	AUX
ftr-358	245	45	recognized	recognize	VERB
ftr-358	245	46	even	even	ADV
ftr-358	245	47	were	be	AUX
ftr-358	245	48	the	the	DET
ftr-358	245	49	security	security	NOUN
ftr-358	245	50	not	not	PART
ftr-358	245	51	sold	sell	VERB
ftr-358	245	52	.	.	PUNCT
ftr-358	246	1	with	with	ADP
ftr-358	246	2	regard	regard	NOUN
ftr-358	246	3	to	to	ADP
ftr-358	246	4	the	the	DET
ftr-358	246	5	future	future	NOUN
ftr-358	246	6	,	,	PUNCT
ftr-358	246	7	the	the	DET
ftr-358	246	8	only	only	ADJ
ftr-358	246	9	relevant	relevant	ADJ
ftr-358	246	10	question	question	NOUN
ftr-358	246	11	the	the	DET
ftr-358	246	12	investor	investor	NOUN
ftr-358	246	13	would	would	AUX
ftr-358	246	14	need	need	VERB
ftr-358	246	15	to	to	PART
ftr-358	246	16	ask	ask	VERB
ftr-358	246	17	19	19	NUM
ftr-358	246	18	.	.	PUNCT
ftr-358	247	1	it	it	PRON
ftr-358	247	2	is	be	AUX
ftr-358	247	3	reasonable	reasonable	ADJ
ftr-358	247	4	to	to	PART
ftr-358	247	5	assume	assume	VERB
ftr-358	247	6	that	that	SCONJ
ftr-358	247	7	the	the	DET
ftr-358	247	8	effect	effect	NOUN
ftr-358	247	9	of	of	ADP
ftr-358	247	10	selling	sell	VERB
ftr-358	247	11	in	in	ADP
ftr-358	247	12	order	order	NOUN
ftr-358	247	13	to	to	PART
ftr-358	247	14	realize	realize	VERB
ftr-358	247	15	capital	capital	NOUN
ftr-358	247	16	losses	loss	NOUN
ftr-358	247	17	will	will	AUX
ftr-358	247	18	not	not	PART
ftr-358	247	19	be	be	AUX
ftr-358	247	20	felt	feel	VERB
ftr-358	247	21	to	to	ADP
ftr-358	247	22	the	the	DET
ftr-358	247	23	same	same	ADJ
ftr-358	247	24	extent	extent	NOUN
ftr-358	247	25	as	as	SCONJ
ftr-358	247	26	will	will	AUX
ftr-358	247	27	refraining	refrain	VERB
ftr-358	247	28	from	from	ADP
ftr-358	247	29	selling	sell	VERB
ftr-358	247	30	in	in	ADP
ftr-358	247	31	order	order	NOUN
ftr-358	247	32	not	not	PART
ftr-358	247	33	to	to	PART
ftr-358	247	34	realize	realize	VERB
ftr-358	247	35	capital	capital	NOUN
ftr-358	247	36	gain	gain	NOUN
ftr-358	247	37	.	.	PUNCT
ftr-358	248	1	where	where	SCONJ
ftr-358	248	2	the	the	DET
ftr-358	248	3	taxpayer	taxpayer	NOUN
ftr-358	248	4	expects	expect	VERB
ftr-358	248	5	in	in	ADP
ftr-358	248	6	the	the	DET
ftr-358	248	7	future	future	NOUN
ftr-358	248	8	to	to	PART
ftr-358	248	9	earn	earn	VERB
ftr-358	248	10	capital	capital	NOUN
ftr-358	248	11	gain	gain	NOUN
ftr-358	248	12	,	,	PUNCT
ftr-358	248	13	against	against	ADP
ftr-358	248	14	which	which	PRON
ftr-358	248	15	the	the	DET
ftr-358	248	16	capital	capital	NOUN
ftr-358	248	17	loss	loss	NOUN
ftr-358	248	18	can	can	AUX
ftr-358	248	19	be	be	AUX
ftr-358	248	20	deducted	deduct	VERB
ftr-358	248	21	,	,	PUNCT
ftr-358	248	22	there	there	PRON
ftr-358	248	23	may	may	AUX
ftr-358	248	24	be	be	AUX
ftr-358	248	25	little	little	ADJ
ftr-358	248	26	or	or	CCONJ
ftr-358	248	27	no	no	PRON
ftr-358	248	28	advantage	advantage	NOUN
ftr-358	248	29	to	to	ADP
ftr-358	248	30	realizing	realize	VERB
ftr-358	248	31	the	the	DET
ftr-358	248	32	gain	gain	NOUN
ftr-358	248	33	now	now	ADV
ftr-358	248	34	as	as	SCONJ
ftr-358	248	35	opposed	oppose	VERB
ftr-358	248	36	to	to	ADP
ftr-358	248	37	later	later	ADV
ftr-358	248	38	on	on	ADV
ftr-358	248	39	,	,	PUNCT
ftr-358	248	40	nearer	near	ADV
ftr-358	248	41	in	in	ADP
ftr-358	248	42	time	time	NOUN
ftr-358	248	43	to	to	ADP
ftr-358	248	44	the	the	DET
ftr-358	248	45	realization	realization	NOUN
ftr-358	248	46	of	of	ADP
ftr-358	248	47	the	the	DET
ftr-358	248	48	gain	gain	NOUN
ftr-358	248	49	.	.	PUNCT
ftr-358	249	1	however	however	ADV
ftr-358	249	2	,	,	PUNCT
ftr-358	249	3	if	if	SCONJ
ftr-358	249	4	the	the	DET
ftr-358	249	5	taxpayer	taxpayer	NOUN
ftr-358	249	6	has	have	AUX
ftr-358	249	7	already	already	ADV
ftr-358	249	8	realized	realize	VERB
ftr-358	249	9	gain	gain	NOUN
ftr-358	249	10	—	—	PUNCT
ftr-358	249	11	perhaps	perhaps	ADV
ftr-358	249	12	during	during	ADP
ftr-358	249	13	the	the	DET
ftr-358	249	14	bull	bull	NOUN
ftr-358	249	15	market	market	NOUN
ftr-358	249	16	that	that	PRON
ftr-358	249	17	preceded	precede	VERB
ftr-358	249	18	the	the	DET
ftr-358	249	19	fall	fall	NOUN
ftr-358	249	20	—	—	PUNCT
ftr-358	249	21	and	and	CCONJ
ftr-358	249	22	if	if	SCONJ
ftr-358	249	23	the	the	DET
ftr-358	249	24	loss	loss	NOUN
ftr-358	249	25	can	can	AUX
ftr-358	249	26	be	be	AUX
ftr-358	249	27	deducted	deduct	VERB
ftr-358	249	28	against	against	ADP
ftr-358	249	29	that	that	DET
ftr-358	249	30	gain	gain	NOUN
ftr-358	249	31	,	,	PUNCT
ftr-358	249	32	realization	realization	NOUN
ftr-358	249	33	of	of	ADP
ftr-358	249	34	losses	loss	NOUN
ftr-358	249	35	may	may	AUX
ftr-358	249	36	be	be	AUX
ftr-358	249	37	advantageous	advantageous	ADJ
ftr-358	249	38	.	.	PUNCT
ftr-358	250	1	corporations	corporation	NOUN
ftr-358	250	2	may	may	AUX
ftr-358	250	3	carry	carry	VERB
ftr-358	250	4	net	net	ADJ
ftr-358	250	5	capital	capital	NOUN
ftr-358	250	6	losses	loss	NOUN
ftr-358	250	7	back	back	ADV
ftr-358	250	8	up	up	ADV
ftr-358	250	9	to	to	PART
ftr-358	250	10	three	three	NUM
ftr-358	250	11	years	year	NOUN
ftr-358	250	12	.	.	PUNCT
ftr-358	251	1	irc	irc	PROPN
ftr-358	251	2	§	§	PROPN
ftr-358	251	3	1212(a)(1)(a	1212(a)(1)(a	NUM
ftr-358	251	4	)	)	PUNCT
ftr-358	251	5	.	.	PUNCT
ftr-358	252	1	individuals	individual	NOUN
ftr-358	252	2	are	be	AUX
ftr-358	252	3	not	not	PART
ftr-358	252	4	allowed	allow	VERB
ftr-358	252	5	to	to	PART
ftr-358	252	6	carry	carry	VERB
ftr-358	252	7	capital	capital	NOUN
ftr-358	252	8	losses	loss	NOUN
ftr-358	252	9	back	back	ADV
ftr-358	252	10	to	to	ADP
ftr-358	252	11	previous	previous	ADJ
ftr-358	252	12	tax	tax	NOUN
ftr-358	252	13	years	year	NOUN
ftr-358	252	14	.	.	PUNCT
ftr-358	253	1	irc	irc	PROPN
ftr-358	253	2	§	§	PROPN
ftr-358	253	3	1212(b)(1	1212(b)(1	NUM
ftr-358	253	4	)	)	PUNCT
ftr-358	253	5	.	.	PUNCT
ftr-358	254	1	therefore	therefore	ADV
ftr-358	254	2	,	,	PUNCT
ftr-358	254	3	where	where	SCONJ
ftr-358	254	4	the	the	DET
ftr-358	254	5	taxpayer	taxpayer	NOUN
ftr-358	254	6	is	be	AUX
ftr-358	254	7	an	an	DET
ftr-358	254	8	individual	individual	NOUN
ftr-358	254	9	,	,	PUNCT
ftr-358	254	10	deducting	deduct	VERB
ftr-358	254	11	capital	capital	NOUN
ftr-358	254	12	losses	loss	NOUN
ftr-358	254	13	against	against	ADP
ftr-358	254	14	prior	prior	ADJ
ftr-358	254	15	gain	gain	NOUN
ftr-358	254	16	is	be	AUX
ftr-358	254	17	limited	limit	VERB
ftr-358	254	18	to	to	ADP
ftr-358	254	19	gains	gain	NOUN
ftr-358	254	20	realized	realize	VERB
ftr-358	254	21	in	in	ADP
ftr-358	254	22	the	the	DET
ftr-358	254	23	same	same	ADJ
ftr-358	254	24	tax	tax	NOUN
ftr-358	254	25	year	year	NOUN
ftr-358	254	26	.	.	PUNCT
ftr-358	255	1	furthermore	furthermore	ADV
ftr-358	255	2	,	,	PUNCT
ftr-358	255	3	we	we	PRON
ftr-358	255	4	should	should	AUX
ftr-358	255	5	not	not	PART
ftr-358	255	6	ignore	ignore	VERB
ftr-358	255	7	psychological	psychological	ADJ
ftr-358	255	8	factors	factor	NOUN
ftr-358	255	9	,	,	PUNCT
ftr-358	255	10	even	even	ADV
ftr-358	255	11	if	if	SCONJ
ftr-358	255	12	they	they	PRON
ftr-358	255	13	have	have	VERB
ftr-358	255	14	no	no	DET
ftr-358	255	15	basis	basis	NOUN
ftr-358	255	16	in	in	ADP
ftr-358	255	17	cold	cold	ADJ
ftr-358	255	18	economic	economic	ADJ
ftr-358	255	19	analysis	analysis	NOUN
ftr-358	255	20	.	.	PUNCT
ftr-358	256	1	a	a	DET
ftr-358	256	2	taxpayer	taxpayer	NOUN
ftr-358	256	3	considering	consider	VERB
ftr-358	256	4	selling	sell	VERB
ftr-358	256	5	a	a	DET
ftr-358	256	6	security	security	NOUN
ftr-358	256	7	at	at	ADP
ftr-358	256	8	a	a	DET
ftr-358	256	9	loss	loss	NOUN
ftr-358	256	10	may	may	AUX
ftr-358	256	11	be	be	AUX
ftr-358	256	12	comforted	comfort	VERB
ftr-358	256	13	by	by	ADP
ftr-358	256	14	the	the	DET
ftr-358	256	15	fact	fact	NOUN
ftr-358	256	16	that	that	SCONJ
ftr-358	256	17	,	,	PUNCT
ftr-358	256	18	by	by	ADP
ftr-358	256	19	doing	do	VERB
ftr-358	256	20	so	so	ADV
ftr-358	256	21	,	,	PUNCT
ftr-358	256	22	she	she	PRON
ftr-358	256	23	has	have	AUX
ftr-358	256	24	at	at	ADV
ftr-358	256	25	least	least	ADJ
ftr-358	256	26	realized	realize	VERB
ftr-358	256	27	a	a	DET
ftr-358	256	28	loss	loss	NOUN
ftr-358	256	29	that	that	PRON
ftr-358	256	30	may	may	AUX
ftr-358	256	31	be	be	AUX
ftr-358	256	32	beneficial	beneficial	ADJ
ftr-358	256	33	in	in	ADP
ftr-358	256	34	the	the	DET
ftr-358	256	35	future	future	NOUN
ftr-358	256	36	.	.	PUNCT
ftr-358	257	1	were	be	AUX
ftr-358	257	2	capital	capital	NOUN
ftr-358	257	3	losses	loss	NOUN
ftr-358	257	4	deductible	deductible	ADJ
ftr-358	257	5	from	from	ADP
ftr-358	257	6	ordinary	ordinary	ADJ
ftr-358	257	7	income	income	NOUN
ftr-358	257	8	,	,	PUNCT
ftr-358	257	9	there	there	PRON
ftr-358	257	10	would	would	AUX
ftr-358	257	11	be	be	AUX
ftr-358	257	12	a	a	DET
ftr-358	257	13	much	much	ADV
ftr-358	257	14	great	great	ADJ
ftr-358	257	15	incentive	incentive	NOUN
ftr-358	257	16	to	to	PART
ftr-358	257	17	realize	realize	VERB
ftr-358	257	18	losses	loss	NOUN
ftr-358	257	19	.	.	PUNCT
ftr-358	258	1	see	see	VERB
ftr-358	258	2	infra	infra	NOUN
ftr-358	258	3	part	part	NOUN
ftr-358	258	4	iii.c	iii.c	NOUN
ftr-358	258	5	.	.	PUNCT
ftr-358	259	1	388	388	NUM
ftr-358	259	2	florida	florida	PROPN
ftr-358	259	3	tax	tax	NOUN
ftr-358	259	4	review	review	NOUN
ftr-358	259	5	[	[	X
ftr-358	259	6	vol	vol	NOUN
ftr-358	259	7	.	.	PUNCT
ftr-358	260	1	10:5	10:5	NUM
ftr-358	260	2	would	would	AUX
ftr-358	260	3	be	be	AUX
ftr-358	260	4	whether	whether	SCONJ
ftr-358	260	5	the	the	DET
ftr-358	260	6	anticipated	anticipate	VERB
ftr-358	260	7	rewards	reward	NOUN
ftr-358	260	8	from	from	ADP
ftr-358	260	9	continuing	continue	VERB
ftr-358	260	10	to	to	PART
ftr-358	260	11	hold	hold	VERB
ftr-358	260	12	the	the	DET
ftr-358	260	13	security	security	NOUN
ftr-358	260	14	are	be	AUX
ftr-358	260	15	worth	worth	ADJ
ftr-358	260	16	the	the	DET
ftr-358	260	17	risks	risk	NOUN
ftr-358	260	18	inherent	inherent	ADJ
ftr-358	260	19	in	in	ADP
ftr-358	260	20	so	so	ADV
ftr-358	260	21	doing	do	VERB
ftr-358	260	22	.	.	PUNCT
ftr-358	261	1	this	this	PRON
ftr-358	261	2	is	be	AUX
ftr-358	261	3	a	a	DET
ftr-358	261	4	purely	purely	ADV
ftr-358	261	5	economic	economic	ADJ
ftr-358	261	6	consideration	consideration	NOUN
ftr-358	261	7	,	,	PUNCT
ftr-358	261	8	which	which	PRON
ftr-358	261	9	is	be	AUX
ftr-358	261	10	supposed	suppose	VERB
ftr-358	261	11	to	to	PART
ftr-358	261	12	guide	guide	VERB
ftr-358	261	13	investors	investor	NOUN
ftr-358	261	14	in	in	ADP
ftr-358	261	15	an	an	DET
ftr-358	261	16	efficient	efficient	ADJ
ftr-358	261	17	market	market	NOUN
ftr-358	261	18	.	.	PUNCT
ftr-358	262	1	moreover	moreover	ADV
ftr-358	262	2	,	,	PUNCT
ftr-358	262	3	imposing	impose	VERB
ftr-358	262	4	tax	tax	NOUN
ftr-358	262	5	on	on	ADP
ftr-358	262	6	stock	stock	NOUN
ftr-358	262	7	market	market	NOUN
ftr-358	262	8	gain	gain	NOUN
ftr-358	262	9	on	on	ADP
ftr-358	262	10	an	an	DET
ftr-358	262	11	accrual	accrual	ADJ
ftr-358	262	12	basis	basis	NOUN
ftr-358	262	13	may	may	AUX
ftr-358	262	14	act	act	VERB
ftr-358	262	15	to	to	PART
ftr-358	262	16	mitigate	mitigate	VERB
ftr-358	262	17	to	to	ADP
ftr-358	262	18	a	a	DET
ftr-358	262	19	certain	certain	ADJ
ftr-358	262	20	extent	extent	NOUN
ftr-358	262	21	the	the	DET
ftr-358	262	22	market	market	NOUN
ftr-358	262	23	’s	’s	PART
ftr-358	262	24	natural	natural	ADJ
ftr-358	262	25	volatility	volatility	NOUN
ftr-358	262	26	and	and	CCONJ
ftr-358	262	27	contribute	contribute	VERB
ftr-358	262	28	to	to	ADP
ftr-358	262	29	market	market	NOUN
ftr-358	262	30	stability.20	stability.20	NOUN
ftr-358	262	31	during	during	ADP
ftr-358	262	32	a	a	DET
ftr-358	262	33	bull	bull	NOUN
ftr-358	262	34	market	market	NOUN
ftr-358	262	35	,	,	PUNCT
ftr-358	262	36	investors	investor	NOUN
ftr-358	262	37	will	will	AUX
ftr-358	262	38	be	be	AUX
ftr-358	262	39	liable	liable	ADJ
ftr-358	262	40	for	for	ADP
ftr-358	262	41	tax	tax	NOUN
ftr-358	262	42	on	on	ADP
ftr-358	262	43	their	their	PRON
ftr-358	262	44	gains	gain	NOUN
ftr-358	262	45	,	,	PUNCT
ftr-358	262	46	whether	whether	SCONJ
ftr-358	262	47	or	or	CCONJ
ftr-358	262	48	not	not	PART
ftr-358	262	49	they	they	PRON
ftr-358	262	50	sell	sell	VERB
ftr-358	262	51	.	.	PUNCT
ftr-358	263	1	some	some	PRON
ftr-358	263	2	will	will	AUX
ftr-358	263	3	need	need	VERB
ftr-358	263	4	or	or	CCONJ
ftr-358	263	5	prefer	prefer	VERB
ftr-358	263	6	to	to	PART
ftr-358	263	7	liquidate	liquidate	VERB
ftr-358	263	8	shares	share	NOUN
ftr-358	263	9	in	in	ADP
ftr-358	263	10	order	order	NOUN
ftr-358	263	11	to	to	PART
ftr-358	263	12	pay	pay	VERB
ftr-358	263	13	the	the	DET
ftr-358	263	14	tax	tax	NOUN
ftr-358	263	15	.	.	PUNCT
ftr-358	264	1	the	the	DET
ftr-358	264	2	shares	share	NOUN
ftr-358	264	3	offered	offer	VERB
ftr-358	264	4	for	for	ADP
ftr-358	264	5	sale	sale	NOUN
ftr-358	264	6	will	will	AUX
ftr-358	264	7	serve	serve	VERB
ftr-358	264	8	to	to	PART
ftr-358	264	9	supply	supply	VERB
ftr-358	264	10	some	some	PRON
ftr-358	264	11	of	of	ADP
ftr-358	264	12	the	the	DET
ftr-358	264	13	heightened	heightened	ADJ
ftr-358	264	14	demand	demand	NOUN
ftr-358	264	15	for	for	ADP
ftr-358	264	16	shares	share	NOUN
ftr-358	264	17	typical	typical	ADJ
ftr-358	264	18	of	of	ADP
ftr-358	264	19	an	an	DET
ftr-358	264	20	overheated	overheated	ADJ
ftr-358	264	21	bull	bull	NOUN
ftr-358	264	22	market	market	NOUN
ftr-358	264	23	.	.	PUNCT
ftr-358	265	1	during	during	ADP
ftr-358	265	2	a	a	DET
ftr-358	265	3	bear	bear	NOUN
ftr-358	265	4	market	market	NOUN
ftr-358	265	5	,	,	PUNCT
ftr-358	265	6	shares	share	NOUN
ftr-358	265	7	will	will	AUX
ftr-358	265	8	typically	typically	ADV
ftr-358	265	9	contain	contain	VERB
ftr-358	265	10	unrealized	unrealized	ADJ
ftr-358	265	11	losses	loss	NOUN
ftr-358	265	12	.	.	PUNCT
ftr-358	266	1	as	as	SCONJ
ftr-358	266	2	will	will	AUX
ftr-358	266	3	be	be	AUX
ftr-358	266	4	demonstrated	demonstrate	VERB
ftr-358	266	5	,	,	PUNCT
ftr-358	266	6	a	a	DET
ftr-358	266	7	tax	tax	NOUN
ftr-358	266	8	regime	regime	NOUN
ftr-358	266	9	that	that	PRON
ftr-358	266	10	recognizes	recognize	VERB
ftr-358	266	11	gains	gain	NOUN
ftr-358	266	12	and	and	CCONJ
ftr-358	266	13	losses	loss	NOUN
ftr-358	266	14	on	on	ADP
ftr-358	266	15	an	an	DET
ftr-358	266	16	accrual	accrual	ADJ
ftr-358	266	17	basis	basis	NOUN
ftr-358	266	18	can	can	AUX
ftr-358	266	19	allow	allow	VERB
ftr-358	266	20	losses	loss	NOUN
ftr-358	266	21	to	to	PART
ftr-358	266	22	be	be	AUX
ftr-358	266	23	deducted	deduct	VERB
ftr-358	266	24	,	,	PUNCT
ftr-358	266	25	subject	subject	ADJ
ftr-358	266	26	to	to	ADP
ftr-358	266	27	certain	certain	ADJ
ftr-358	266	28	caveats	caveat	NOUN
ftr-358	266	29	,	,	PUNCT
ftr-358	266	30	from	from	ADP
ftr-358	266	31	ordinary	ordinary	ADJ
ftr-358	266	32	income	income	NOUN
ftr-358	266	33	.	.	PUNCT
ftr-358	267	1	deducting	deduct	VERB
ftr-358	267	2	stock	stock	NOUN
ftr-358	267	3	market	market	NOUN
ftr-358	267	4	losses	loss	NOUN
ftr-358	267	5	from	from	ADP
ftr-358	267	6	ordinary	ordinary	ADJ
ftr-358	267	7	income	income	NOUN
ftr-358	267	8	—	—	PUNCT
ftr-358	267	9	business	business	NOUN
ftr-358	267	10	income	income	NOUN
ftr-358	267	11	,	,	PUNCT
ftr-358	267	12	wages	wage	NOUN
ftr-358	267	13	,	,	PUNCT
ftr-358	267	14	and	and	CCONJ
ftr-358	267	15	so	so	ADV
ftr-358	267	16	forth	forth	ADV
ftr-358	267	17	—	—	PUNCT
ftr-358	267	18	will	will	AUX
ftr-358	267	19	reduce	reduce	VERB
ftr-358	267	20	the	the	DET
ftr-358	267	21	investor	investor	NOUN
ftr-358	267	22	’s	’s	PART
ftr-358	267	23	tax	tax	NOUN
ftr-358	267	24	bill	bill	NOUN
ftr-358	267	25	and	and	CCONJ
ftr-358	267	26	increase	increase	VERB
ftr-358	267	27	the	the	DET
ftr-358	267	28	amount	amount	NOUN
ftr-358	267	29	of	of	ADP
ftr-358	267	30	cash	cash	NOUN
ftr-358	267	31	the	the	DET
ftr-358	267	32	investor	investor	NOUN
ftr-358	267	33	holds	hold	VERB
ftr-358	267	34	.	.	PUNCT
ftr-358	268	1	if	if	SCONJ
ftr-358	268	2	some	some	PRON
ftr-358	268	3	of	of	ADP
ftr-358	268	4	the	the	DET
ftr-358	268	5	funds	fund	NOUN
ftr-358	268	6	which	which	PRON
ftr-358	268	7	would	would	AUX
ftr-358	268	8	otherwise	otherwise	ADV
ftr-358	268	9	have	have	AUX
ftr-358	268	10	been	be	AUX
ftr-358	268	11	paid	pay	VERB
ftr-358	268	12	in	in	ADP
ftr-358	268	13	taxes	taxis	NOUN
ftr-358	268	14	are	be	AUX
ftr-358	268	15	invested	invest	VERB
ftr-358	268	16	in	in	ADP
ftr-358	268	17	the	the	DET
ftr-358	268	18	capital	capital	NOUN
ftr-358	268	19	markets	market	NOUN
ftr-358	268	20	,	,	PUNCT
ftr-358	268	21	the	the	DET
ftr-358	268	22	additional	additional	ADJ
ftr-358	268	23	demand	demand	NOUN
ftr-358	268	24	should	should	AUX
ftr-358	268	25	help	help	VERB
ftr-358	268	26	moderate	moderate	VERB
ftr-358	268	27	the	the	DET
ftr-358	268	28	decline	decline	NOUN
ftr-358	268	29	.	.	PUNCT
ftr-358	269	1	taxing	tax	VERB
ftr-358	269	2	gain	gain	NOUN
ftr-358	269	3	from	from	ADP
ftr-358	269	4	publicly	publicly	ADV
ftr-358	269	5	-	-	PUNCT
ftr-358	269	6	traded	trade	VERB
ftr-358	269	7	securities	security	NOUN
ftr-358	269	8	on	on	ADP
ftr-358	269	9	a	a	DET
ftr-358	269	10	mark	mark	NOUN
ftr-358	269	11	-	-	PUNCT
ftr-358	269	12	to	to	ADP
ftr-358	269	13	-	-	PUNCT
ftr-358	269	14	market	market	NOUN
ftr-358	269	15	basis	basis	NOUN
ftr-358	269	16	may	may	AUX
ftr-358	269	17	contain	contain	VERB
ftr-358	269	18	an	an	DET
ftr-358	269	19	invisible	invisible	ADJ
ftr-358	269	20	-	-	PUNCT
ftr-358	269	21	hand	hand	NOUN
ftr-358	269	22	,	,	PUNCT
ftr-358	269	23	countercyclical	countercyclical	ADJ
ftr-358	269	24	force	force	NOUN
ftr-358	269	25	to	to	PART
ftr-358	269	26	market	market	VERB
ftr-358	269	27	volatility.21	volatility.21	PROPN
ftr-358	269	28	b.	b.	PROPN
ftr-358	269	29	tax	tax	NOUN
ftr-358	269	30	planning	planning	NOUN
ftr-358	269	31	under	under	ADP
ftr-358	269	32	a	a	DET
ftr-358	269	33	realization	realization	NOUN
ftr-358	269	34	regime	regime	NOUN
ftr-358	269	35	a	a	DET
ftr-358	269	36	tax	tax	NOUN
ftr-358	269	37	regime	regime	NOUN
ftr-358	269	38	that	that	PRON
ftr-358	269	39	conditions	condition	VERB
ftr-358	269	40	the	the	DET
ftr-358	269	41	recognition	recognition	NOUN
ftr-358	269	42	of	of	ADP
ftr-358	269	43	gain	gain	NOUN
ftr-358	269	44	or	or	CCONJ
ftr-358	269	45	loss	loss	NOUN
ftr-358	269	46	on	on	ADP
ftr-358	269	47	the	the	DET
ftr-358	269	48	sale	sale	NOUN
ftr-358	269	49	or	or	CCONJ
ftr-358	269	50	exchange	exchange	NOUN
ftr-358	269	51	of	of	ADP
ftr-358	269	52	the	the	DET
ftr-358	269	53	security	security	NOUN
ftr-358	269	54	that	that	PRON
ftr-358	269	55	has	have	AUX
ftr-358	269	56	either	either	CCONJ
ftr-358	269	57	increased	increase	VERB
ftr-358	269	58	or	or	CCONJ
ftr-358	269	59	decreased	decrease	VERB
ftr-358	269	60	in	in	ADP
ftr-358	269	61	value	value	NOUN
ftr-358	269	62	opens	open	VERB
ftr-358	269	63	the	the	DET
ftr-358	269	64	door	door	NOUN
ftr-358	269	65	to	to	ADP
ftr-358	269	66	a	a	DET
ftr-358	269	67	wide	wide	ADJ
ftr-358	269	68	variety	variety	NOUN
ftr-358	269	69	of	of	ADP
ftr-358	269	70	tax	tax	NOUN
ftr-358	269	71	planning	planning	NOUN
ftr-358	269	72	techniques.22	techniques.22	VERB
ftr-358	269	73	the	the	DET
ftr-358	269	74	20	20	NUM
ftr-358	269	75	.	.	PUNCT
ftr-358	270	1	in	in	ADP
ftr-358	270	2	general	general	ADJ
ftr-358	270	3	,	,	PUNCT
ftr-358	270	4	one	one	NUM
ftr-358	270	5	of	of	ADP
ftr-358	270	6	the	the	DET
ftr-358	270	7	advantages	advantage	NOUN
ftr-358	270	8	of	of	ADP
ftr-358	270	9	an	an	DET
ftr-358	270	10	income	income	NOUN
ftr-358	270	11	tax	tax	NOUN
ftr-358	270	12	is	be	AUX
ftr-358	270	13	the	the	DET
ftr-358	270	14	fact	fact	NOUN
ftr-358	270	15	that	that	SCONJ
ftr-358	270	16	it	it	PRON
ftr-358	270	17	is	be	AUX
ftr-358	270	18	anticyclical	anticyclical	ADJ
ftr-358	270	19	.	.	PUNCT
ftr-358	271	1	during	during	ADP
ftr-358	271	2	periods	period	NOUN
ftr-358	271	3	of	of	ADP
ftr-358	271	4	economic	economic	ADJ
ftr-358	271	5	expansion	expansion	NOUN
ftr-358	271	6	incomes	income	NOUN
ftr-358	271	7	rise	rise	VERB
ftr-358	271	8	:	:	PUNCT
ftr-358	271	9	income	income	NOUN
ftr-358	271	10	tax	tax	NOUN
ftr-358	271	11	absorbs	absorb	VERB
ftr-358	271	12	some	some	PRON
ftr-358	271	13	of	of	ADP
ftr-358	271	14	the	the	DET
ftr-358	271	15	additional	additional	ADJ
ftr-358	271	16	cash	cash	NOUN
ftr-358	271	17	in	in	ADP
ftr-358	271	18	the	the	DET
ftr-358	271	19	hands	hand	NOUN
ftr-358	271	20	of	of	ADP
ftr-358	271	21	the	the	DET
ftr-358	271	22	public	public	NOUN
ftr-358	271	23	and	and	CCONJ
ftr-358	271	24	contributes	contribute	VERB
ftr-358	271	25	to	to	ADP
ftr-358	271	26	easing	ease	VERB
ftr-358	271	27	the	the	DET
ftr-358	271	28	inflationary	inflationary	ADJ
ftr-358	271	29	pressure	pressure	NOUN
ftr-358	271	30	.	.	PUNCT
ftr-358	272	1	during	during	ADP
ftr-358	272	2	times	time	NOUN
ftr-358	272	3	of	of	ADP
ftr-358	272	4	economic	economic	ADJ
ftr-358	272	5	contraction	contraction	NOUN
ftr-358	272	6	or	or	CCONJ
ftr-358	272	7	recession	recession	NOUN
ftr-358	272	8	,	,	PUNCT
ftr-358	272	9	tax	tax	NOUN
ftr-358	272	10	receipts	receipt	NOUN
ftr-358	272	11	decrease	decrease	NOUN
ftr-358	272	12	,	,	PUNCT
ftr-358	272	13	putting	put	VERB
ftr-358	272	14	more	more	ADJ
ftr-358	272	15	money	money	NOUN
ftr-358	272	16	in	in	ADP
ftr-358	272	17	the	the	DET
ftr-358	272	18	hands	hand	NOUN
ftr-358	272	19	of	of	ADP
ftr-358	272	20	the	the	DET
ftr-358	272	21	public	public	NOUN
ftr-358	272	22	and	and	CCONJ
ftr-358	272	23	increasing	increase	VERB
ftr-358	272	24	the	the	DET
ftr-358	272	25	demand	demand	NOUN
ftr-358	272	26	for	for	ADP
ftr-358	272	27	goods	good	NOUN
ftr-358	272	28	and	and	CCONJ
ftr-358	272	29	services	service	NOUN
ftr-358	272	30	.	.	PUNCT
ftr-358	273	1	see	see	VERB
ftr-358	273	2	,	,	PUNCT
ftr-358	273	3	e.g.	e.g.	ADV
ftr-358	273	4	,	,	PUNCT
ftr-358	273	5	graham	graham	PROPN
ftr-358	273	6	c.	c.	PROPN
ftr-358	273	7	hockley	hockley	PROPN
ftr-358	273	8	,	,	PUNCT
ftr-358	273	9	monetary	monetary	ADJ
ftr-358	273	10	policy	policy	NOUN
ftr-358	273	11	and	and	CCONJ
ftr-358	273	12	public	public	ADJ
ftr-358	273	13	finance	finance	NOUN
ftr-358	273	14	267	267	NUM
ftr-358	273	15	(	(	PUNCT
ftr-358	273	16	1970	1970	NUM
ftr-358	273	17	)	)	PUNCT
ftr-358	273	18	;	;	PUNCT
ftr-358	273	19	richard	richard	PROPN
ftr-358	273	20	a.	a.	PROPN
ftr-358	273	21	musgrave	musgrave	PROPN
ftr-358	273	22	&	&	CCONJ
ftr-358	273	23	peggy	peggy	PROPN
ftr-358	273	24	b.	b.	PROPN
ftr-358	273	25	musgrave	musgrave	PROPN
ftr-358	273	26	,	,	PUNCT
ftr-358	273	27	public	public	ADJ
ftr-358	273	28	finance	finance	NOUN
ftr-358	273	29	in	in	ADP
ftr-358	273	30	theory	theory	NOUN
ftr-358	273	31	and	and	CCONJ
ftr-358	273	32	practice	practice	NOUN
ftr-358	273	33	617–18	617–18	NOUN
ftr-358	273	34	(	(	PUNCT
ftr-358	273	35	1980	1980	NUM
ftr-358	273	36	)	)	PUNCT
ftr-358	273	37	.	.	PUNCT
ftr-358	274	1	cf	cf	NOUN
ftr-358	274	2	.	.	PUNCT
ftr-358	275	1	james	james	PROPN
ftr-358	275	2	l.	l.	PROPN
ftr-358	275	3	pierce	pierce	PROPN
ftr-358	275	4	&	&	CCONJ
ftr-358	275	5	jared	jared	PROPN
ftr-358	275	6	j.	j.	PROPN
ftr-358	275	7	enzler	enzler	PROPN
ftr-358	275	8	,	,	PUNCT
ftr-358	275	9	the	the	DET
ftr-358	275	10	implications	implication	NOUN
ftr-358	275	11	for	for	ADP
ftr-358	275	12	economic	economic	ADJ
ftr-358	275	13	stability	stability	NOUN
ftr-358	275	14	of	of	ADP
ftr-358	275	15	indexing	index	VERB
ftr-358	275	16	the	the	DET
ftr-358	275	17	individual	individual	ADJ
ftr-358	275	18	income	income	NOUN
ftr-358	275	19	tax	tax	NOUN
ftr-358	275	20	,	,	PUNCT
ftr-358	275	21	in	in	ADP
ftr-358	275	22	inflation	inflation	NOUN
ftr-358	275	23	and	and	CCONJ
ftr-358	275	24	the	the	DET
ftr-358	275	25	income	income	NOUN
ftr-358	275	26	tax	tax	NOUN
ftr-358	275	27	173	173	NUM
ftr-358	275	28	(	(	PUNCT
ftr-358	275	29	henry	henry	PROPN
ftr-358	275	30	j.	j.	PROPN
ftr-358	275	31	aaron	aaron	PROPN
ftr-358	275	32	ed	ed	PROPN
ftr-358	275	33	.	.	PROPN
ftr-358	275	34	,	,	PUNCT
ftr-358	275	35	1976	1976	NUM
ftr-358	275	36	)	)	PUNCT
ftr-358	275	37	.	.	PUNCT
ftr-358	276	1	on	on	ADP
ftr-358	276	2	the	the	DET
ftr-358	276	3	other	other	ADJ
ftr-358	276	4	hand	hand	NOUN
ftr-358	276	5	,	,	PUNCT
ftr-358	276	6	a	a	DET
ftr-358	276	7	tax	tax	NOUN
ftr-358	276	8	on	on	ADP
ftr-358	276	9	stock	stock	NOUN
ftr-358	276	10	market	market	NOUN
ftr-358	276	11	gain	gain	NOUN
ftr-358	276	12	imposed	impose	VERB
ftr-358	276	13	only	only	ADV
ftr-358	276	14	at	at	ADP
ftr-358	276	15	realization	realization	NOUN
ftr-358	276	16	is	be	AUX
ftr-358	276	17	cyclical	cyclical	ADJ
ftr-358	276	18	.	.	PUNCT
ftr-358	277	1	as	as	SCONJ
ftr-358	277	2	demonstrated	demonstrate	VERB
ftr-358	277	3	in	in	ADP
ftr-358	277	4	the	the	DET
ftr-358	277	5	text	text	NOUN
ftr-358	277	6	,	,	PUNCT
ftr-358	277	7	it	it	PRON
ftr-358	277	8	exacerbates	exacerbate	VERB
ftr-358	277	9	market	market	NOUN
ftr-358	277	10	volatility	volatility	NOUN
ftr-358	277	11	instead	instead	ADV
ftr-358	277	12	of	of	ADP
ftr-358	277	13	mitigating	mitigate	VERB
ftr-358	277	14	it	it	PRON
ftr-358	277	15	.	.	PUNCT
ftr-358	278	1	21	21	NUM
ftr-358	278	2	.	.	X
ftr-358	279	1	for	for	ADP
ftr-358	279	2	an	an	DET
ftr-358	279	3	argument	argument	NOUN
ftr-358	279	4	that	that	SCONJ
ftr-358	279	5	overly	overly	ADV
ftr-358	279	6	volatile	volatile	ADJ
ftr-358	279	7	markets	market	NOUN
ftr-358	279	8	cause	cause	VERB
ftr-358	279	9	economic	economic	ADJ
ftr-358	279	10	resources	resource	NOUN
ftr-358	279	11	to	to	PART
ftr-358	279	12	be	be	AUX
ftr-358	279	13	used	use	VERB
ftr-358	279	14	inefficiently	inefficiently	ADV
ftr-358	279	15	,	,	PUNCT
ftr-358	279	16	see	see	VERB
ftr-358	279	17	james	james	PROPN
ftr-358	279	18	r.	r.	PROPN
ftr-358	279	19	rapetti	rapetti	PROPN
ftr-358	279	20	,	,	PUNCT
ftr-358	279	21	the	the	DET
ftr-358	279	22	use	use	NOUN
ftr-358	279	23	of	of	ADP
ftr-358	279	24	tax	tax	NOUN
ftr-358	279	25	law	law	NOUN
ftr-358	279	26	to	to	PART
ftr-358	279	27	stabilize	stabilize	VERB
ftr-358	279	28	the	the	DET
ftr-358	279	29	stock	stock	NOUN
ftr-358	279	30	market	market	NOUN
ftr-358	279	31	:	:	PUNCT
ftr-358	279	32	the	the	DET
ftr-358	279	33	efficacy	efficacy	NOUN
ftr-358	279	34	of	of	ADP
ftr-358	279	35	holding	hold	VERB
ftr-358	279	36	period	period	NOUN
ftr-358	279	37	requirements	requirement	NOUN
ftr-358	279	38	,	,	PUNCT
ftr-358	279	39	8	8	NUM
ftr-358	279	40	va	va	NOUN
ftr-358	279	41	.	.	PUNCT
ftr-358	279	42	tax	tax	PROPN
ftr-358	279	43	rev	rev	PROPN
ftr-358	279	44	.	.	PROPN
ftr-358	279	45	591	591	NUM
ftr-358	279	46	,	,	PUNCT
ftr-358	279	47	613	613	NUM
ftr-358	279	48	,	,	PUNCT
ftr-358	279	49	619–620	619–620	NUM
ftr-358	279	50	(	(	PUNCT
ftr-358	279	51	1989	1989	NUM
ftr-358	279	52	)	)	PUNCT
ftr-358	279	53	.	.	PUNCT
ftr-358	280	1	22	22	NUM
ftr-358	280	2	.	.	PUNCT
ftr-358	281	1	see	see	VERB
ftr-358	281	2	,	,	PUNCT
ftr-358	281	3	e.g.	e.g.	ADV
ftr-358	281	4	,	,	PUNCT
ftr-358	281	5	george	george	PROPN
ftr-358	281	6	m.	m.	PROPN
ftr-358	281	7	constantinides	constantinides	AUX
ftr-358	281	8	,	,	PUNCT
ftr-358	281	9	optimal	optimal	ADJ
ftr-358	281	10	stock	stock	NOUN
ftr-358	281	11	trading	trading	NOUN
ftr-358	281	12	with	with	ADP
ftr-358	281	13	personal	personal	ADJ
ftr-358	281	14	taxes	taxis	NOUN
ftr-358	281	15	:	:	PUNCT
ftr-358	281	16	implications	implication	NOUN
ftr-358	281	17	for	for	ADP
ftr-358	281	18	prices	price	NOUN
ftr-358	281	19	and	and	CCONJ
ftr-358	281	20	the	the	DET
ftr-358	281	21	abnormal	abnormal	ADJ
ftr-358	281	22	january	january	PROPN
ftr-358	281	23	returns	return	NOUN
ftr-358	281	24	,	,	PUNCT
ftr-358	281	25	13	13	NUM
ftr-358	281	26	j.	j.	NOUN
ftr-358	281	27	2010	2010	NUM
ftr-358	281	28	]	]	PUNCT
ftr-358	281	29	the	the	DET
ftr-358	281	30	myth	myth	NOUN
ftr-358	281	31	of	of	ADP
ftr-358	281	32	realization	realization	NOUN
ftr-358	281	33	:	:	PUNCT
ftr-358	281	34	mark	mark	NOUN
ftr-358	281	35	-	-	PUNCT
ftr-358	281	36	to	to	ADP
ftr-358	281	37	-	-	PUNCT
ftr-358	281	38	market	market	NOUN
ftr-358	281	39	taxation	taxation	NOUN
ftr-358	281	40	389	389	NUM
ftr-358	281	41	common	common	ADJ
ftr-358	281	42	denominator	denominator	NOUN
ftr-358	281	43	of	of	ADP
ftr-358	281	44	these	these	DET
ftr-358	281	45	strategies	strategy	NOUN
ftr-358	281	46	is	be	AUX
ftr-358	281	47	an	an	DET
ftr-358	281	48	attempt	attempt	NOUN
ftr-358	281	49	to	to	PART
ftr-358	281	50	accelerate	accelerate	VERB
ftr-358	281	51	recognition	recognition	NOUN
ftr-358	281	52	in	in	ADP
ftr-358	281	53	the	the	DET
ftr-358	281	54	case	case	NOUN
ftr-358	281	55	of	of	ADP
ftr-358	281	56	losses	loss	NOUN
ftr-358	281	57	and	and	CCONJ
ftr-358	281	58	to	to	PART
ftr-358	281	59	defer	defer	VERB
ftr-358	281	60	recognition	recognition	NOUN
ftr-358	281	61	in	in	ADP
ftr-358	281	62	the	the	DET
ftr-358	281	63	case	case	NOUN
ftr-358	281	64	of	of	ADP
ftr-358	281	65	gains	gain	NOUN
ftr-358	281	66	.	.	PUNCT
ftr-358	282	1	their	their	PRON
ftr-358	282	2	goal	goal	NOUN
ftr-358	282	3	is	be	AUX
ftr-358	282	4	to	to	PART
ftr-358	282	5	allow	allow	VERB
ftr-358	282	6	taxpayers	taxpayer	NOUN
ftr-358	282	7	to	to	PART
ftr-358	282	8	accrue	accrue	VERB
ftr-358	282	9	wealth	wealth	NOUN
ftr-358	282	10	while	while	SCONJ
ftr-358	282	11	deferring	defer	VERB
ftr-358	282	12	,	,	PUNCT
ftr-358	282	13	perhaps	perhaps	ADV
ftr-358	282	14	indefinitely	indefinitely	ADV
ftr-358	282	15	,	,	PUNCT
ftr-358	282	16	the	the	DET
ftr-358	282	17	payment	payment	NOUN
ftr-358	282	18	of	of	ADP
ftr-358	282	19	tax	tax	NOUN
ftr-358	282	20	on	on	ADP
ftr-358	282	21	such	such	ADJ
ftr-358	282	22	accession	accession	NOUN
ftr-358	282	23	to	to	ADP
ftr-358	282	24	wealth	wealth	NOUN
ftr-358	282	25	.	.	PUNCT
ftr-358	283	1	behind	behind	ADP
ftr-358	283	2	each	each	PRON
ftr-358	283	3	of	of	ADP
ftr-358	283	4	these	these	DET
ftr-358	283	5	tax	tax	NOUN
ftr-358	283	6	-	-	PUNCT
ftr-358	283	7	planning	planning	NOUN
ftr-358	283	8	techniques	technique	NOUN
ftr-358	283	9	is	be	AUX
ftr-358	283	10	an	an	DET
ftr-358	283	11	intentionally	intentionally	ADV
ftr-358	283	12	created	create	VERB
ftr-358	283	13	disparity	disparity	NOUN
ftr-358	283	14	between	between	ADP
ftr-358	283	15	economic	economic	ADJ
ftr-358	283	16	gain	gain	NOUN
ftr-358	283	17	and	and	CCONJ
ftr-358	283	18	taxable	taxable	ADJ
ftr-358	283	19	income	income	NOUN
ftr-358	283	20	.	.	PUNCT
ftr-358	284	1	economically	economically	ADV
ftr-358	284	2	,	,	PUNCT
ftr-358	284	3	the	the	DET
ftr-358	284	4	investor	investor	NOUN
ftr-358	284	5	experiences	experience	VERB
ftr-358	284	6	an	an	DET
ftr-358	284	7	accession	accession	NOUN
ftr-358	284	8	to	to	ADP
ftr-358	284	9	wealth	wealth	NOUN
ftr-358	284	10	when	when	SCONJ
ftr-358	284	11	the	the	DET
ftr-358	284	12	value	value	NOUN
ftr-358	284	13	of	of	ADP
ftr-358	284	14	her	her	PRON
ftr-358	284	15	securities	security	NOUN
ftr-358	284	16	rises	rise	NOUN
ftr-358	284	17	.	.	PUNCT
ftr-358	285	1	non	non	PROPN
ftr-358	285	2	recognition	recognition	NOUN
ftr-358	285	3	of	of	ADP
ftr-358	285	4	the	the	DET
ftr-358	285	5	gains	gain	NOUN
ftr-358	285	6	for	for	ADP
ftr-358	285	7	tax	tax	NOUN
ftr-358	285	8	purposes	purpose	NOUN
ftr-358	285	9	is	be	AUX
ftr-358	285	10	what	what	PRON
ftr-358	285	11	causes	cause	VERB
ftr-358	285	12	the	the	DET
ftr-358	285	13	disparity	disparity	NOUN
ftr-358	285	14	.	.	PUNCT
ftr-358	286	1	a	a	DET
ftr-358	286	2	taxpayer	taxpayer	NOUN
ftr-358	286	3	who	who	PRON
ftr-358	286	4	can	can	AUX
ftr-358	286	5	create	create	VERB
ftr-358	286	6	a	a	DET
ftr-358	286	7	situation	situation	NOUN
ftr-358	286	8	in	in	ADP
ftr-358	286	9	which	which	PRON
ftr-358	286	10	her	her	PRON
ftr-358	286	11	wealth	wealth	NOUN
ftr-358	286	12	is	be	AUX
ftr-358	286	13	held	hold	VERB
ftr-358	286	14	in	in	ADP
ftr-358	286	15	the	the	DET
ftr-358	286	16	form	form	NOUN
ftr-358	286	17	of	of	ADP
ftr-358	286	18	unrealized	unrealized	ADJ
ftr-358	286	19	gain	gain	NOUN
ftr-358	286	20	can	can	AUX
ftr-358	286	21	accrue	accrue	VERB
ftr-358	286	22	wealth	wealth	NOUN
ftr-358	286	23	without	without	ADP
ftr-358	286	24	having	have	VERB
ftr-358	286	25	to	to	PART
ftr-358	286	26	pay	pay	VERB
ftr-358	286	27	tax	tax	NOUN
ftr-358	286	28	on	on	ADP
ftr-358	286	29	the	the	DET
ftr-358	286	30	gain	gain	NOUN
ftr-358	286	31	.	.	PUNCT
ftr-358	287	1	a	a	DET
ftr-358	287	2	tax	tax	NOUN
ftr-358	287	3	regime	regime	NOUN
ftr-358	287	4	that	that	PRON
ftr-358	287	5	refrains	refrain	VERB
ftr-358	287	6	from	from	ADP
ftr-358	287	7	taxing	tax	VERB
ftr-358	287	8	unrealized	unrealized	ADJ
ftr-358	287	9	gain	gain	NOUN
ftr-358	287	10	can	can	AUX
ftr-358	287	11	not	not	PART
ftr-358	287	12	afford	afford	VERB
ftr-358	287	13	to	to	PART
ftr-358	287	14	ignore	ignore	VERB
ftr-358	287	15	the	the	DET
ftr-358	287	16	tax	tax	NOUN
ftr-358	287	17	planning	planning	NOUN
ftr-358	287	18	possibilities	possibility	NOUN
ftr-358	287	19	that	that	PRON
ftr-358	287	20	exploit	exploit	VERB
ftr-358	287	21	the	the	DET
ftr-358	287	22	realization	realization	NOUN
ftr-358	287	23	doctrine	doctrine	NOUN
ftr-358	287	24	.	.	PUNCT
ftr-358	288	1	to	to	PART
ftr-358	288	2	counter	counter	VERB
ftr-358	288	3	these	these	DET
ftr-358	288	4	strategies	strategy	NOUN
ftr-358	288	5	,	,	PUNCT
ftr-358	288	6	congress	congress	PROPN
ftr-358	288	7	must	must	AUX
ftr-358	288	8	develop	develop	VERB
ftr-358	288	9	statutory	statutory	ADJ
ftr-358	288	10	responses	response	NOUN
ftr-358	288	11	.	.	PUNCT
ftr-358	289	1	as	as	SCONJ
ftr-358	289	2	we	we	PRON
ftr-358	289	3	will	will	AUX
ftr-358	289	4	see	see	VERB
ftr-358	289	5	,	,	PUNCT
ftr-358	289	6	the	the	DET
ftr-358	289	7	effectiveness	effectiveness	NOUN
ftr-358	289	8	of	of	ADP
ftr-358	289	9	such	such	ADJ
ftr-358	289	10	statutory	statutory	ADJ
ftr-358	289	11	responses	response	NOUN
ftr-358	289	12	is	be	AUX
ftr-358	289	13	doubtful	doubtful	ADJ
ftr-358	289	14	.	.	PUNCT
ftr-358	290	1	1	1	X
ftr-358	290	2	.	.	NUM
ftr-358	290	3	straddles	straddle	NOUN
ftr-358	290	4	and	and	CCONJ
ftr-358	290	5	constructive	constructive	ADJ
ftr-358	290	6	sales	sale	NOUN
ftr-358	290	7	modern	modern	ADJ
ftr-358	290	8	sophisticated	sophisticated	ADJ
ftr-358	290	9	financial	financial	ADJ
ftr-358	290	10	instruments	instrument	NOUN
ftr-358	290	11	allow	allow	VERB
ftr-358	290	12	investors	investor	NOUN
ftr-358	290	13	to	to	PART
ftr-358	290	14	exploit	exploit	VERB
ftr-358	290	15	the	the	DET
ftr-358	290	16	underlying	underlying	ADJ
ftr-358	290	17	weaknesses	weakness	NOUN
ftr-358	290	18	of	of	ADP
ftr-358	290	19	the	the	DET
ftr-358	290	20	realization	realization	NOUN
ftr-358	290	21	doctrine	doctrine	NOUN
ftr-358	290	22	and	and	CCONJ
ftr-358	290	23	to	to	PART
ftr-358	290	24	avoid	avoid	VERB
ftr-358	290	25	paying	pay	VERB
ftr-358	290	26	tax	tax	NOUN
ftr-358	290	27	on	on	ADP
ftr-358	290	28	economic	economic	ADJ
ftr-358	290	29	gain	gain	NOUN
ftr-358	290	30	.	.	PUNCT
ftr-358	291	1	one	one	NUM
ftr-358	291	2	such	such	ADJ
ftr-358	291	3	technique	technique	NOUN
ftr-358	291	4	for	for	ADP
ftr-358	291	5	manipulating	manipulate	VERB
ftr-358	291	6	the	the	DET
ftr-358	291	7	realization	realization	NOUN
ftr-358	291	8	rules	rule	NOUN
ftr-358	291	9	is	be	AUX
ftr-358	291	10	by	by	ADP
ftr-358	291	11	means	mean	NOUN
ftr-358	291	12	of	of	ADP
ftr-358	291	13	a	a	DET
ftr-358	291	14	strategy	strategy	NOUN
ftr-358	291	15	known	know	VERB
ftr-358	291	16	to	to	ADP
ftr-358	291	17	market	market	NOUN
ftr-358	291	18	players	player	NOUN
ftr-358	291	19	as	as	ADP
ftr-358	291	20	a	a	DET
ftr-358	291	21	“	"	PUNCT
ftr-358	291	22	straddle	straddle	NOUN
ftr-358	291	23	.	.	PUNCT
ftr-358	291	24	”	"	PUNCT
ftr-358	292	1	in	in	ADP
ftr-358	292	2	a	a	DET
ftr-358	292	3	straddle	straddle	NOUN
ftr-358	292	4	,	,	PUNCT
ftr-358	292	5	the	the	DET
ftr-358	292	6	investor	investor	NOUN
ftr-358	292	7	establishes	establish	VERB
ftr-358	292	8	two	two	NUM
ftr-358	292	9	opposite	opposite	ADJ
ftr-358	292	10	financial	financial	ADJ
ftr-358	292	11	positions	position	NOUN
ftr-358	292	12	so	so	SCONJ
ftr-358	292	13	that	that	SCONJ
ftr-358	292	14	one	one	NOUN
ftr-358	292	15	cancels	cancel	VERB
ftr-358	292	16	out	out	ADP
ftr-358	292	17	the	the	DET
ftr-358	292	18	other	other	ADJ
ftr-358	292	19	.	.	PUNCT
ftr-358	293	1	for	for	ADP
ftr-358	293	2	example	example	NOUN
ftr-358	293	3	,	,	PUNCT
ftr-358	293	4	the	the	DET
ftr-358	293	5	investor	investor	NOUN
ftr-358	293	6	can	can	AUX
ftr-358	293	7	purchase	purchase	VERB
ftr-358	293	8	a	a	DET
ftr-358	293	9	stock	stock	NOUN
ftr-358	293	10	and	and	CCONJ
ftr-358	293	11	simultaneously	simultaneously	ADV
ftr-358	293	12	sell	sell	VERB
ftr-358	293	13	the	the	DET
ftr-358	293	14	same	same	ADJ
ftr-358	293	15	stock	stock	NOUN
ftr-358	293	16	short	short	ADJ
ftr-358	293	17	.	.	PUNCT
ftr-358	294	1	alternatively	alternatively	ADV
ftr-358	294	2	,	,	PUNCT
ftr-358	294	3	the	the	DET
ftr-358	294	4	investor	investor	NOUN
ftr-358	294	5	can	can	AUX
ftr-358	294	6	purchase	purchase	VERB
ftr-358	294	7	a	a	DET
ftr-358	294	8	stock	stock	NOUN
ftr-358	294	9	and	and	CCONJ
ftr-358	294	10	simultaneously	simultaneously	ADV
ftr-358	294	11	sell	sell	VERB
ftr-358	294	12	a	a	DET
ftr-358	294	13	“	"	PUNCT
ftr-358	294	14	synthetic	synthetic	ADJ
ftr-358	294	15	stock	stock	NOUN
ftr-358	294	16	”	"	PUNCT
ftr-358	294	17	(	(	PUNCT
ftr-358	294	18	by	by	ADP
ftr-358	294	19	purchasing	purchase	VERB
ftr-358	294	20	a	a	DET
ftr-358	294	21	put	put	NOUN
ftr-358	294	22	option	option	NOUN
ftr-358	294	23	and	and	CCONJ
ftr-358	294	24	writing	write	VERB
ftr-358	294	25	a	a	DET
ftr-358	294	26	call	call	NOUN
ftr-358	294	27	option	option	NOUN
ftr-358	294	28	with	with	ADP
ftr-358	294	29	identical	identical	ADJ
ftr-358	294	30	expiration	expiration	NOUN
ftr-358	294	31	dates	date	NOUN
ftr-358	294	32	and	and	CCONJ
ftr-358	294	33	strike	strike	VERB
ftr-358	294	34	prices),23	prices),23	NOUN
ftr-358	294	35	or	or	CCONJ
ftr-358	294	36	purchase	purchase	VERB
ftr-358	294	37	a	a	DET
ftr-358	294	38	synthetic	synthetic	ADJ
ftr-358	294	39	stock	stock	NOUN
ftr-358	294	40	and	and	CCONJ
ftr-358	294	41	simultaneously	simultaneously	ADV
ftr-358	294	42	sell	sell	VERB
ftr-358	294	43	the	the	DET
ftr-358	294	44	stock	stock	NOUN
ftr-358	294	45	fin	fin	NOUN
ftr-358	294	46	.	.	PUNCT
ftr-358	294	47	econ	econ	PROPN
ftr-358	294	48	.	.	PUNCT
ftr-358	295	1	65	65	NUM
ftr-358	295	2	(	(	PUNCT
ftr-358	295	3	1984	1984	NUM
ftr-358	295	4	)	)	PUNCT
ftr-358	295	5	;	;	PUNCT
ftr-358	296	1	david	david	PROPN
ftr-358	296	2	m.	m.	PROPN
ftr-358	296	3	schizer	schizer	PROPN
ftr-358	296	4	,	,	PUNCT
ftr-358	296	5	sticks	stick	NOUN
ftr-358	296	6	and	and	CCONJ
ftr-358	296	7	snakes	snake	NOUN
ftr-358	296	8	:	:	PUNCT
ftr-358	296	9	derivatives	derivative	NOUN
ftr-358	296	10	and	and	CCONJ
ftr-358	296	11	curtailing	curtail	VERB
ftr-358	296	12	aggressive	aggressive	ADJ
ftr-358	296	13	tax	tax	NOUN
ftr-358	296	14	planning	planning	NOUN
ftr-358	296	15	,	,	PUNCT
ftr-358	296	16	73	73	NUM
ftr-358	296	17	s.	s.	PROPN
ftr-358	296	18	cal	cal	PROPN
ftr-358	296	19	.	.	PUNCT
ftr-358	297	1	l.	l.	PROPN
ftr-358	297	2	rev	rev	PROPN
ftr-358	297	3	.	.	PROPN
ftr-358	297	4	1339	1339	NUM
ftr-358	297	5	(	(	PUNCT
ftr-358	297	6	2000	2000	NUM
ftr-358	297	7	)	)	PUNCT
ftr-358	297	8	.	.	PUNCT
ftr-358	298	1	23	23	NUM
ftr-358	298	2	.	.	X
ftr-358	299	1	for	for	ADP
ftr-358	299	2	example	example	NOUN
ftr-358	299	3	,	,	PUNCT
ftr-358	299	4	assume	assume	VERB
ftr-358	299	5	that	that	SCONJ
ftr-358	299	6	the	the	DET
ftr-358	299	7	investor	investor	NOUN
ftr-358	299	8	is	be	AUX
ftr-358	299	9	holding	hold	VERB
ftr-358	299	10	a	a	DET
ftr-358	299	11	share	share	NOUN
ftr-358	299	12	whose	whose	DET
ftr-358	299	13	market	market	NOUN
ftr-358	299	14	value	value	NOUN
ftr-358	299	15	is	be	AUX
ftr-358	299	16	$	$	SYM
ftr-358	299	17	100	100	NUM
ftr-358	299	18	.	.	PUNCT
ftr-358	300	1	the	the	DET
ftr-358	300	2	investor	investor	NOUN
ftr-358	300	3	can	can	AUX
ftr-358	300	4	purchase	purchase	VERB
ftr-358	300	5	a	a	DET
ftr-358	300	6	put	put	NOUN
ftr-358	300	7	option	option	NOUN
ftr-358	300	8	on	on	ADP
ftr-358	300	9	the	the	DET
ftr-358	300	10	share	share	NOUN
ftr-358	300	11	,	,	PUNCT
ftr-358	300	12	where	where	SCONJ
ftr-358	300	13	the	the	DET
ftr-358	300	14	strike	strike	NOUN
ftr-358	300	15	price	price	NOUN
ftr-358	300	16	is	be	AUX
ftr-358	300	17	$	$	SYM
ftr-358	300	18	120	120	NUM
ftr-358	300	19	.	.	PUNCT
ftr-358	301	1	the	the	DET
ftr-358	301	2	price	price	NOUN
ftr-358	301	3	of	of	ADP
ftr-358	301	4	the	the	DET
ftr-358	301	5	put	put	NOUN
ftr-358	301	6	option	option	NOUN
ftr-358	301	7	is	be	AUX
ftr-358	301	8	,	,	PUNCT
ftr-358	301	9	say	say	INTJ
ftr-358	301	10	,	,	PUNCT
ftr-358	301	11	$	$	SYM
ftr-358	301	12	30	30	NUM
ftr-358	301	13	.	.	PUNCT
ftr-358	302	1	simultaneously	simultaneously	ADV
ftr-358	302	2	,	,	PUNCT
ftr-358	302	3	the	the	DET
ftr-358	302	4	investor	investor	NOUN
ftr-358	302	5	can	can	AUX
ftr-358	302	6	write	write	VERB
ftr-358	302	7	a	a	DET
ftr-358	302	8	call	call	NOUN
ftr-358	302	9	option	option	NOUN
ftr-358	302	10	,	,	PUNCT
ftr-358	302	11	with	with	ADP
ftr-358	302	12	the	the	DET
ftr-358	302	13	same	same	ADJ
ftr-358	302	14	expiry	expiry	NOUN
ftr-358	302	15	date	date	NOUN
ftr-358	302	16	and	and	CCONJ
ftr-358	302	17	the	the	DET
ftr-358	302	18	same	same	ADJ
ftr-358	302	19	strike	strike	NOUN
ftr-358	302	20	price	price	NOUN
ftr-358	302	21	.	.	PUNCT
ftr-358	303	1	assume	assume	VERB
ftr-358	303	2	that	that	SCONJ
ftr-358	303	3	in	in	ADP
ftr-358	303	4	exchange	exchange	NOUN
ftr-358	303	5	for	for	ADP
ftr-358	303	6	writing	write	VERB
ftr-358	303	7	the	the	DET
ftr-358	303	8	option	option	NOUN
ftr-358	303	9	the	the	DET
ftr-358	303	10	investor	investor	NOUN
ftr-358	303	11	received	receive	VERB
ftr-358	303	12	$	$	SYM
ftr-358	303	13	12	12	NUM
ftr-358	303	14	.	.	PUNCT
ftr-358	304	1	the	the	DET
ftr-358	304	2	investor	investor	NOUN
ftr-358	304	3	is	be	AUX
ftr-358	304	4	now	now	ADV
ftr-358	304	5	indifferent	indifferent	ADJ
ftr-358	304	6	to	to	ADP
ftr-358	304	7	the	the	DET
ftr-358	304	8	future	future	ADJ
ftr-358	304	9	price	price	NOUN
ftr-358	304	10	fluctuations	fluctuation	NOUN
ftr-358	304	11	of	of	ADP
ftr-358	304	12	the	the	DET
ftr-358	304	13	share	share	NOUN
ftr-358	304	14	because	because	SCONJ
ftr-358	304	15	,	,	PUNCT
ftr-358	304	16	come	come	VERB
ftr-358	304	17	what	what	PRON
ftr-358	304	18	may	may	AUX
ftr-358	304	19	,	,	PUNCT
ftr-358	304	20	she	she	PRON
ftr-358	304	21	will	will	AUX
ftr-358	304	22	end	end	VERB
ftr-358	304	23	up	up	ADP
ftr-358	304	24	with	with	ADP
ftr-358	304	25	$	$	SYM
ftr-358	304	26	120	120	NUM
ftr-358	304	27	.	.	PUNCT
ftr-358	305	1	if	if	SCONJ
ftr-358	305	2	on	on	ADP
ftr-358	305	3	the	the	DET
ftr-358	305	4	expiration	expiration	NOUN
ftr-358	305	5	date	date	NOUN
ftr-358	305	6	of	of	ADP
ftr-358	305	7	the	the	DET
ftr-358	305	8	option	option	NOUN
ftr-358	305	9	the	the	DET
ftr-358	305	10	price	price	NOUN
ftr-358	305	11	of	of	ADP
ftr-358	305	12	the	the	DET
ftr-358	305	13	share	share	NOUN
ftr-358	305	14	is	be	AUX
ftr-358	305	15	more	more	ADJ
ftr-358	305	16	than	than	ADP
ftr-358	305	17	$	$	SYM
ftr-358	305	18	120	120	NUM
ftr-358	305	19	,	,	PUNCT
ftr-358	305	20	the	the	DET
ftr-358	305	21	investor	investor	NOUN
ftr-358	305	22	’s	’s	PART
ftr-358	305	23	obligation	obligation	NOUN
ftr-358	305	24	under	under	ADP
ftr-358	305	25	the	the	DET
ftr-358	305	26	call	call	NOUN
ftr-358	305	27	option	option	NOUN
ftr-358	305	28	that	that	SCONJ
ftr-358	305	29	she	she	PRON
ftr-358	305	30	wrote	write	VERB
ftr-358	305	31	will	will	AUX
ftr-358	305	32	deprive	deprive	VERB
ftr-358	305	33	her	she	PRON
ftr-358	305	34	of	of	ADP
ftr-358	305	35	any	any	DET
ftr-358	305	36	gain	gain	NOUN
ftr-358	305	37	above	above	ADP
ftr-358	305	38	$	$	SYM
ftr-358	305	39	120	120	NUM
ftr-358	305	40	.	.	PUNCT
ftr-358	306	1	on	on	ADP
ftr-358	306	2	the	the	DET
ftr-358	306	3	other	other	ADJ
ftr-358	306	4	,	,	PUNCT
ftr-358	306	5	if	if	SCONJ
ftr-358	306	6	the	the	DET
ftr-358	306	7	price	price	NOUN
ftr-358	306	8	of	of	ADP
ftr-358	306	9	the	the	DET
ftr-358	306	10	share	share	NOUN
ftr-358	306	11	on	on	ADP
ftr-358	306	12	the	the	DET
ftr-358	306	13	expiration	expiration	NOUN
ftr-358	306	14	date	date	NOUN
ftr-358	306	15	of	of	ADP
ftr-358	306	16	the	the	DET
ftr-358	306	17	options	option	NOUN
ftr-358	306	18	is	be	AUX
ftr-358	306	19	below	below	ADP
ftr-358	306	20	$	$	SYM
ftr-358	306	21	120	120	NUM
ftr-358	306	22	,	,	PUNCT
ftr-358	306	23	the	the	DET
ftr-358	306	24	investor	investor	NOUN
ftr-358	306	25	’s	’s	PART
ftr-358	306	26	put	put	VERB
ftr-358	306	27	option	option	NOUN
ftr-358	306	28	will	will	AUX
ftr-358	306	29	make	make	VERB
ftr-358	306	30	up	up	ADP
ftr-358	306	31	the	the	DET
ftr-358	306	32	difference	difference	NOUN
ftr-358	306	33	.	.	PUNCT
ftr-358	307	1	in	in	ADP
ftr-358	307	2	effect	effect	NOUN
ftr-358	307	3	,	,	PUNCT
ftr-358	307	4	the	the	DET
ftr-358	307	5	package	package	NOUN
ftr-358	307	6	held	hold	VERB
ftr-358	307	7	by	by	ADP
ftr-358	307	8	the	the	DET
ftr-358	307	9	investor	investor	NOUN
ftr-358	307	10	—	—	PUNCT
ftr-358	307	11	the	the	DET
ftr-358	307	12	share	share	NOUN
ftr-358	307	13	plus	plus	CCONJ
ftr-358	307	14	the	the	DET
ftr-358	307	15	put	put	NOUN
ftr-358	307	16	option	option	NOUN
ftr-358	307	17	offset	offset	VERB
ftr-358	307	18	by	by	ADP
ftr-358	307	19	the	the	DET
ftr-358	307	20	obligation	obligation	NOUN
ftr-358	307	21	under	under	ADP
ftr-358	307	22	the	the	DET
ftr-358	307	23	call	call	NOUN
ftr-358	307	24	option	option	NOUN
ftr-358	307	25	—	—	PUNCT
ftr-358	307	26	is	be	AUX
ftr-358	307	27	more	more	ADV
ftr-358	307	28	similar	similar	ADJ
ftr-358	307	29	to	to	ADP
ftr-358	307	30	a	a	DET
ftr-358	307	31	bond	bond	NOUN
ftr-358	307	32	than	than	SCONJ
ftr-358	307	33	it	it	PRON
ftr-358	307	34	is	be	AUX
ftr-358	307	35	to	to	ADP
ftr-358	307	36	a	a	DET
ftr-358	307	37	share	share	NOUN
ftr-358	307	38	:	:	PUNCT
ftr-358	307	39	the	the	DET
ftr-358	307	40	price	price	NOUN
ftr-358	307	41	of	of	ADP
ftr-358	307	42	the	the	DET
ftr-358	307	43	package	package	NOUN
ftr-358	307	44	is	be	AUX
ftr-358	307	45	$	$	SYM
ftr-358	307	46	118	118	NUM
ftr-358	307	47	(	(	PUNCT
ftr-358	307	48	$	$	SYM
ftr-358	307	49	100	100	NUM
ftr-358	307	50	for	for	ADP
ftr-358	307	51	the	the	DET
ftr-358	307	52	share	share	NOUN
ftr-358	307	53	plus	plus	CCONJ
ftr-358	307	54	$	$	SYM
ftr-358	307	55	30	30	NUM
ftr-358	307	56	for	for	ADP
ftr-358	307	57	the	the	DET
ftr-358	307	58	put	put	NOUN
ftr-358	307	59	option	option	NOUN
ftr-358	307	60	minus	minus	CCONJ
ftr-358	307	61	the	the	DET
ftr-358	307	62	$	$	SYM
ftr-358	307	63	12	12	NUM
ftr-358	307	64	received	receive	VERB
ftr-358	307	65	for	for	ADP
ftr-358	307	66	writing	write	VERB
ftr-358	307	67	the	the	DET
ftr-358	307	68	call	call	NOUN
ftr-358	307	69	option	option	NOUN
ftr-358	307	70	)	)	PUNCT
ftr-358	307	71	,	,	PUNCT
ftr-358	307	72	with	with	ADP
ftr-358	307	73	a	a	DET
ftr-358	307	74	guaranteed	guarantee	VERB
ftr-358	307	75	390	390	NUM
ftr-358	307	76	florida	florida	PROPN
ftr-358	307	77	tax	tax	NOUN
ftr-358	307	78	review	review	NOUN
ftr-358	307	79	[	[	X
ftr-358	307	80	vol	vol	NOUN
ftr-358	307	81	.	.	PUNCT
ftr-358	308	1	10:5	10:5	NUM
ftr-358	308	2	short	short	ADJ
ftr-358	308	3	.	.	PUNCT
ftr-358	309	1	in	in	ADP
ftr-358	309	2	each	each	PRON
ftr-358	309	3	of	of	ADP
ftr-358	309	4	these	these	DET
ftr-358	309	5	instances	instance	NOUN
ftr-358	309	6	,	,	PUNCT
ftr-358	309	7	the	the	DET
ftr-358	309	8	two	two	NUM
ftr-358	309	9	positions	position	NOUN
ftr-358	309	10	are	be	AUX
ftr-358	309	11	offsetting	offset	VERB
ftr-358	309	12	:	:	PUNCT
ftr-358	309	13	what	what	PRON
ftr-358	309	14	the	the	DET
ftr-358	309	15	investor	investor	NOUN
ftr-358	309	16	earns	earn	VERB
ftr-358	309	17	on	on	ADP
ftr-358	309	18	one	one	NUM
ftr-358	309	19	she	she	PRON
ftr-358	309	20	will	will	AUX
ftr-358	309	21	lose	lose	VERB
ftr-358	309	22	on	on	ADP
ftr-358	309	23	the	the	DET
ftr-358	309	24	other.24	other.24	NOUN
ftr-358	309	25	the	the	DET
ftr-358	309	26	straddle	straddle	NOUN
ftr-358	309	27	opens	open	VERB
ftr-358	309	28	a	a	DET
ftr-358	309	29	wide	wide	ADJ
ftr-358	309	30	field	field	NOUN
ftr-358	309	31	for	for	ADP
ftr-358	309	32	tax	tax	NOUN
ftr-358	309	33	planning	planning	NOUN
ftr-358	309	34	opportunities	opportunity	NOUN
ftr-358	309	35	.	.	PUNCT
ftr-358	310	1	presumably	presumably	ADV
ftr-358	310	2	,	,	PUNCT
ftr-358	310	3	at	at	ADP
ftr-358	310	4	the	the	DET
ftr-358	310	5	end	end	NOUN
ftr-358	310	6	of	of	ADP
ftr-358	310	7	the	the	DET
ftr-358	310	8	year	year	NOUN
ftr-358	310	9	,	,	PUNCT
ftr-358	310	10	one	one	NUM
ftr-358	310	11	leg	leg	NOUN
ftr-358	310	12	of	of	ADP
ftr-358	310	13	the	the	DET
ftr-358	310	14	straddle	straddle	NOUN
ftr-358	310	15	will	will	AUX
ftr-358	310	16	represent	represent	VERB
ftr-358	310	17	a	a	DET
ftr-358	310	18	gain	gain	NOUN
ftr-358	310	19	while	while	SCONJ
ftr-358	310	20	the	the	DET
ftr-358	310	21	other	other	ADJ
ftr-358	310	22	will	will	AUX
ftr-358	310	23	represent	represent	VERB
ftr-358	310	24	a	a	DET
ftr-358	310	25	loss	loss	NOUN
ftr-358	310	26	.	.	PUNCT
ftr-358	311	1	from	from	ADP
ftr-358	311	2	an	an	DET
ftr-358	311	3	economic	economic	ADJ
ftr-358	311	4	perspective	perspective	NOUN
ftr-358	311	5	the	the	DET
ftr-358	311	6	investor	investor	NOUN
ftr-358	311	7	’s	’s	PART
ftr-358	311	8	financial	financial	ADJ
ftr-358	311	9	position	position	NOUN
ftr-358	311	10	has	have	AUX
ftr-358	311	11	not	not	PART
ftr-358	311	12	changed	change	VERB
ftr-358	311	13	—	—	PUNCT
ftr-358	311	14	assuming	assume	VERB
ftr-358	311	15	we	we	PRON
ftr-358	311	16	disregard	disregard	VERB
ftr-358	311	17	the	the	DET
ftr-358	311	18	commissions	commission	NOUN
ftr-358	311	19	involved	involve	VERB
ftr-358	311	20	in	in	ADP
ftr-358	311	21	establishing	establish	VERB
ftr-358	311	22	and	and	CCONJ
ftr-358	311	23	maintaining	maintain	VERB
ftr-358	311	24	the	the	DET
ftr-358	311	25	straddle	straddle	NOUN
ftr-358	311	26	—	—	PUNCT
ftr-358	311	27	as	as	SCONJ
ftr-358	311	28	the	the	DET
ftr-358	311	29	gain	gain	NOUN
ftr-358	311	30	and	and	CCONJ
ftr-358	311	31	loss	loss	NOUN
ftr-358	311	32	will	will	AUX
ftr-358	311	33	cancel	cancel	VERB
ftr-358	311	34	each	each	DET
ftr-358	311	35	other	other	ADJ
ftr-358	311	36	out	out	ADP
ftr-358	311	37	.	.	PUNCT
ftr-358	312	1	however	however	ADV
ftr-358	312	2	,	,	PUNCT
ftr-358	312	3	the	the	DET
ftr-358	312	4	investor	investor	NOUN
ftr-358	312	5	will	will	AUX
ftr-358	312	6	be	be	AUX
ftr-358	312	7	able	able	ADJ
ftr-358	312	8	to	to	PART
ftr-358	312	9	realize	realize	VERB
ftr-358	312	10	the	the	DET
ftr-358	312	11	loss	loss	NOUN
ftr-358	312	12	in	in	ADP
ftr-358	312	13	one	one	NUM
ftr-358	312	14	tax	tax	NOUN
ftr-358	312	15	year	year	NOUN
ftr-358	312	16	—	—	PUNCT
ftr-358	312	17	and	and	CCONJ
ftr-358	312	18	use	use	VERB
ftr-358	312	19	that	that	DET
ftr-358	312	20	loss	loss	NOUN
ftr-358	312	21	to	to	PART
ftr-358	312	22	offset	offset	VERB
ftr-358	312	23	previously	previously	ADV
ftr-358	312	24	realized	realize	VERB
ftr-358	312	25	gain	gain	NOUN
ftr-358	312	26	—	—	PUNCT
ftr-358	312	27	while	while	SCONJ
ftr-358	312	28	deferring	defer	VERB
ftr-358	312	29	realization	realization	NOUN
ftr-358	312	30	of	of	ADP
ftr-358	312	31	the	the	DET
ftr-358	312	32	winning	win	VERB
ftr-358	312	33	leg	leg	NOUN
ftr-358	312	34	of	of	ADP
ftr-358	312	35	the	the	DET
ftr-358	312	36	straddle	straddle	NOUN
ftr-358	312	37	to	to	ADP
ftr-358	312	38	the	the	DET
ftr-358	312	39	following	following	ADJ
ftr-358	312	40	year	year	NOUN
ftr-358	312	41	.	.	PUNCT
ftr-358	313	1	engaging	engage	VERB
ftr-358	313	2	in	in	ADP
ftr-358	313	3	similar	similar	ADJ
ftr-358	313	4	transactions	transaction	NOUN
ftr-358	313	5	year	year	NOUN
ftr-358	313	6	in	in	ADV
ftr-358	313	7	and	and	CCONJ
ftr-358	313	8	year	year	NOUN
ftr-358	313	9	out	out	ADP
ftr-358	313	10	will	will	AUX
ftr-358	313	11	allow	allow	VERB
ftr-358	313	12	the	the	DET
ftr-358	313	13	investor	investor	NOUN
ftr-358	313	14	to	to	PART
ftr-358	313	15	continue	continue	VERB
ftr-358	313	16	deferring	defer	VERB
ftr-358	313	17	the	the	DET
ftr-358	313	18	tax	tax	NOUN
ftr-358	313	19	on	on	ADP
ftr-358	313	20	her	her	PRON
ftr-358	313	21	gain	gain	NOUN
ftr-358	313	22	indefinitely.25	indefinitely.25	NOUN
ftr-358	313	23	analytically	analytically	ADV
ftr-358	313	24	,	,	PUNCT
ftr-358	313	25	the	the	DET
ftr-358	313	26	investor	investor	NOUN
ftr-358	313	27	—	—	PUNCT
ftr-358	313	28	by	by	ADP
ftr-358	313	29	engaging	engage	VERB
ftr-358	313	30	in	in	ADP
ftr-358	313	31	the	the	DET
ftr-358	313	32	described	describe	VERB
ftr-358	313	33	strategy	strategy	NOUN
ftr-358	313	34	—	—	PUNCT
ftr-358	313	35	transfers	transfer	NOUN
ftr-358	313	36	into	into	ADP
ftr-358	313	37	one	one	NUM
ftr-358	313	38	of	of	ADP
ftr-358	313	39	the	the	DET
ftr-358	313	40	legs	leg	NOUN
ftr-358	313	41	of	of	ADP
ftr-358	313	42	the	the	DET
ftr-358	313	43	straddle	straddle	NOUN
ftr-358	313	44	all	all	PRON
ftr-358	313	45	of	of	ADP
ftr-358	313	46	her	she	PRON
ftr-358	313	47	previously	previously	ADV
ftr-358	313	48	realized	realize	VERB
ftr-358	313	49	gain	gain	NOUN
ftr-358	313	50	and	and	CCONJ
ftr-358	313	51	transforms	transform	VERB
ftr-358	313	52	it	it	PRON
ftr-358	313	53	into	into	ADP
ftr-358	313	54	unrealized	unrealized	ADJ
ftr-358	313	55	gain	gain	NOUN
ftr-358	313	56	.	.	PUNCT
ftr-358	314	1	by	by	ADP
ftr-358	314	2	repeating	repeat	VERB
ftr-358	314	3	this	this	DET
ftr-358	314	4	procedure	procedure	NOUN
ftr-358	314	5	,	,	PUNCT
ftr-358	314	6	gain	gain	NOUN
ftr-358	314	7	accruing	accrue	VERB
ftr-358	314	8	year	year	NOUN
ftr-358	314	9	after	after	ADP
ftr-358	314	10	year	year	NOUN
ftr-358	314	11	can	can	AUX
ftr-358	314	12	be	be	AUX
ftr-358	314	13	funneled	funnel	VERB
ftr-358	314	14	into	into	ADP
ftr-358	314	15	the	the	DET
ftr-358	314	16	unrealized	unrealized	ADJ
ftr-358	314	17	winning	win	VERB
ftr-358	314	18	leg	leg	NOUN
ftr-358	314	19	of	of	ADP
ftr-358	314	20	a	a	DET
ftr-358	314	21	straddle	straddle	NOUN
ftr-358	314	22	.	.	PUNCT
ftr-358	315	1	a	a	DET
ftr-358	315	2	second	second	ADJ
ftr-358	315	3	technique	technique	NOUN
ftr-358	315	4	employing	employ	VERB
ftr-358	315	5	sophisticated	sophisticated	ADJ
ftr-358	315	6	financial	financial	ADJ
ftr-358	315	7	instruments	instrument	NOUN
ftr-358	315	8	to	to	PART
ftr-358	315	9	achieve	achieve	VERB
ftr-358	315	10	desirable	desirable	ADJ
ftr-358	315	11	tax	tax	NOUN
ftr-358	315	12	results	result	NOUN
ftr-358	315	13	is	be	AUX
ftr-358	315	14	the	the	DET
ftr-358	315	15	constructive	constructive	ADJ
ftr-358	315	16	sale	sale	NOUN
ftr-358	315	17	.	.	PUNCT
ftr-358	316	1	an	an	DET
ftr-358	316	2	investor	investor	NOUN
ftr-358	316	3	who	who	PRON
ftr-358	316	4	sells	sell	VERB
ftr-358	316	5	an	an	DET
ftr-358	316	6	appreciated	appreciated	ADJ
ftr-358	316	7	security	security	NOUN
ftr-358	316	8	—	—	PUNCT
ftr-358	316	9	or	or	CCONJ
ftr-358	316	10	,	,	PUNCT
ftr-358	316	11	more	more	ADV
ftr-358	316	12	generally	generally	ADV
ftr-358	316	13	,	,	PUNCT
ftr-358	316	14	who	who	PRON
ftr-358	316	15	closes	close	VERB
ftr-358	316	16	a	a	DET
ftr-358	316	17	profitable	profitable	ADJ
ftr-358	316	18	position	position	NOUN
ftr-358	316	19	—	—	PUNCT
ftr-358	316	20	will	will	AUX
ftr-358	316	21	be	be	AUX
ftr-358	316	22	liable	liable	ADJ
ftr-358	316	23	for	for	ADP
ftr-358	316	24	tax	tax	NOUN
ftr-358	316	25	on	on	ADP
ftr-358	316	26	the	the	DET
ftr-358	316	27	gain	gain	NOUN
ftr-358	316	28	.	.	PUNCT
ftr-358	317	1	of	of	ADP
ftr-358	317	2	course	course	NOUN
ftr-358	317	3	,	,	PUNCT
ftr-358	317	4	the	the	DET
ftr-358	317	5	investor	investor	NOUN
ftr-358	317	6	can	can	AUX
ftr-358	317	7	defer	defer	VERB
ftr-358	317	8	tax	tax	NOUN
ftr-358	317	9	on	on	ADP
ftr-358	317	10	the	the	DET
ftr-358	317	11	gain	gain	NOUN
ftr-358	317	12	by	by	ADP
ftr-358	317	13	deferring	defer	VERB
ftr-358	317	14	the	the	DET
ftr-358	317	15	sale	sale	NOUN
ftr-358	317	16	,	,	PUNCT
ftr-358	317	17	but	but	CCONJ
ftr-358	317	18	that	that	DET
ftr-358	317	19	option	option	NOUN
ftr-358	317	20	may	may	AUX
ftr-358	317	21	not	not	PART
ftr-358	317	22	be	be	AUX
ftr-358	317	23	viable	viable	ADJ
ftr-358	317	24	when	when	SCONJ
ftr-358	317	25	the	the	DET
ftr-358	317	26	investor	investor	NOUN
ftr-358	317	27	no	no	ADV
ftr-358	317	28	longer	long	ADV
ftr-358	317	29	wishes	wish	VERB
ftr-358	317	30	to	to	PART
ftr-358	317	31	continue	continue	VERB
ftr-358	317	32	being	be	AUX
ftr-358	317	33	exposed	expose	VERB
ftr-358	317	34	to	to	ADP
ftr-358	317	35	the	the	DET
ftr-358	317	36	risks	risk	NOUN
ftr-358	317	37	inherent	inherent	ADJ
ftr-358	317	38	in	in	ADP
ftr-358	317	39	maintaining	maintain	VERB
ftr-358	317	40	the	the	DET
ftr-358	317	41	position	position	NOUN
ftr-358	317	42	.	.	PUNCT
ftr-358	318	1	in	in	ADP
ftr-358	318	2	other	other	ADJ
ftr-358	318	3	words	word	NOUN
ftr-358	318	4	,	,	PUNCT
ftr-358	318	5	our	our	PRON
ftr-358	318	6	investor	investor	NOUN
ftr-358	318	7	wants	want	VERB
ftr-358	318	8	to	to	PART
ftr-358	318	9	realize	realize	VERB
ftr-358	318	10	the	the	DET
ftr-358	318	11	gain	gain	NOUN
ftr-358	318	12	without	without	ADP
ftr-358	318	13	paying	pay	VERB
ftr-358	318	14	the	the	DET
ftr-358	318	15	tax	tax	NOUN
ftr-358	318	16	.	.	PUNCT
ftr-358	319	1	the	the	DET
ftr-358	319	2	suggested	suggest	VERB
ftr-358	319	3	planning	planning	NOUN
ftr-358	319	4	technique	technique	NOUN
ftr-358	319	5	in	in	ADP
ftr-358	319	6	cases	case	NOUN
ftr-358	319	7	like	like	ADP
ftr-358	319	8	this	this	PRON
ftr-358	319	9	is	be	AUX
ftr-358	319	10	to	to	PART
ftr-358	319	11	continue	continue	VERB
ftr-358	319	12	holding	hold	VERB
ftr-358	319	13	the	the	DET
ftr-358	319	14	security	security	NOUN
ftr-358	319	15	—	—	PUNCT
ftr-358	319	16	thus	thus	ADV
ftr-358	319	17	deferring	defer	VERB
ftr-358	319	18	tax	tax	NOUN
ftr-358	319	19	on	on	ADP
ftr-358	319	20	the	the	DET
ftr-358	319	21	gain	gain	NOUN
ftr-358	319	22	—	—	PUNCT
ftr-358	319	23	while	while	SCONJ
ftr-358	319	24	simultaneously	simultaneously	ADV
ftr-358	319	25	acquiring	acquire	VERB
ftr-358	319	26	an	an	DET
ftr-358	319	27	offsetting	offset	VERB
ftr-358	319	28	position	position	NOUN
ftr-358	319	29	—	—	PUNCT
ftr-358	319	30	e.g.	e.g.	ADV
ftr-358	319	31	,	,	PUNCT
ftr-358	319	32	selling	sell	VERB
ftr-358	319	33	the	the	DET
ftr-358	319	34	share	share	NOUN
ftr-358	319	35	short	short	ADJ
ftr-358	319	36	or	or	CCONJ
ftr-358	319	37	selling	sell	VERB
ftr-358	319	38	a	a	DET
ftr-358	319	39	synthetic	synthetic	ADJ
ftr-358	319	40	contract	contract	NOUN
ftr-358	319	41	–	–	PUNCT
ftr-358	319	42	in	in	ADP
ftr-358	319	43	order	order	NOUN
ftr-358	319	44	to	to	PART
ftr-358	319	45	cease	cease	VERB
ftr-358	319	46	exposure	exposure	NOUN
ftr-358	319	47	to	to	ADP
ftr-358	319	48	the	the	DET
ftr-358	319	49	risks	risk	NOUN
ftr-358	319	50	of	of	ADP
ftr-358	319	51	holding	hold	VERB
ftr-358	319	52	the	the	DET
ftr-358	319	53	share	share	NOUN
ftr-358	319	54	.	.	PUNCT
ftr-358	320	1	from	from	ADP
ftr-358	320	2	the	the	DET
ftr-358	320	3	investor	investor	NOUN
ftr-358	320	4	’s	’s	PART
ftr-358	320	5	perspective	perspective	NOUN
ftr-358	320	6	,	,	PUNCT
ftr-358	320	7	the	the	DET
ftr-358	320	8	position	position	NOUN
ftr-358	320	9	is	be	AUX
ftr-358	320	10	now	now	ADV
ftr-358	320	11	closed	closed	ADJ
ftr-358	320	12	:	:	PUNCT
ftr-358	320	13	any	any	DET
ftr-358	320	14	gain	gain	NOUN
ftr-358	320	15	or	or	CCONJ
ftr-358	320	16	loss	loss	NOUN
ftr-358	320	17	will	will	AUX
ftr-358	320	18	be	be	AUX
ftr-358	320	19	offset	offset	VERB
ftr-358	320	20	by	by	ADP
ftr-358	320	21	an	an	DET
ftr-358	320	22	equal	equal	ADJ
ftr-358	320	23	loss	loss	NOUN
ftr-358	320	24	or	or	CCONJ
ftr-358	320	25	gain	gain	NOUN
ftr-358	320	26	in	in	ADP
ftr-358	320	27	the	the	DET
ftr-358	320	28	opposite	opposite	ADJ
ftr-358	320	29	position	position	NOUN
ftr-358	320	30	.	.	PUNCT
ftr-358	321	1	in	in	ADP
ftr-358	321	2	this	this	DET
ftr-358	321	3	payout	payout	NOUN
ftr-358	321	4	of	of	ADP
ftr-358	321	5	$	$	SYM
ftr-358	321	6	120	120	NUM
ftr-358	321	7	at	at	ADP
ftr-358	321	8	the	the	DET
ftr-358	321	9	expiration	expiration	NOUN
ftr-358	321	10	date	date	NOUN
ftr-358	321	11	.	.	PUNCT
ftr-358	322	1	for	for	ADP
ftr-358	322	2	a	a	DET
ftr-358	322	3	comprehensive	comprehensive	ADJ
ftr-358	322	4	analysis	analysis	NOUN
ftr-358	322	5	of	of	ADP
ftr-358	322	6	taxing	tax	VERB
ftr-358	322	7	packages	package	NOUN
ftr-358	322	8	of	of	ADP
ftr-358	322	9	financial	financial	ADJ
ftr-358	322	10	instruments	instrument	NOUN
ftr-358	322	11	that	that	PRON
ftr-358	322	12	are	be	AUX
ftr-358	322	13	fundamentally	fundamentally	ADV
ftr-358	322	14	different	different	ADJ
ftr-358	322	15	from	from	ADP
ftr-358	322	16	their	their	PRON
ftr-358	322	17	components	component	NOUN
ftr-358	322	18	,	,	PUNCT
ftr-358	322	19	see	see	VERB
ftr-358	322	20	david	david	PROPN
ftr-358	322	21	a.	a.	PROPN
ftr-358	322	22	weisbach	weisbach	PROPN
ftr-358	322	23	,	,	PUNCT
ftr-358	322	24	tax	tax	NOUN
ftr-358	322	25	responses	response	NOUN
ftr-358	322	26	to	to	ADP
ftr-358	322	27	financial	financial	ADJ
ftr-358	322	28	contract	contract	NOUN
ftr-358	322	29	innovation	innovation	NOUN
ftr-358	322	30	,	,	PUNCT
ftr-358	322	31	50	50	NUM
ftr-358	322	32	tax	tax	NOUN
ftr-358	322	33	l.	l.	PROPN
ftr-358	322	34	rev	rev	PROPN
ftr-358	322	35	.	.	PROPN
ftr-358	322	36	491	491	NUM
ftr-358	322	37	(	(	PUNCT
ftr-358	322	38	1995	1995	NUM
ftr-358	322	39	)	)	PUNCT
ftr-358	322	40	.	.	PUNCT
ftr-358	323	1	24	24	NUM
ftr-358	323	2	.	.	PUNCT
ftr-358	324	1	louie	louie	PROPN
ftr-358	324	2	,	,	PUNCT
ftr-358	324	3	supra	supra	PROPN
ftr-358	324	4	note	note	NOUN
ftr-358	324	5	4	4	NUM
ftr-358	324	6	,	,	PUNCT
ftr-358	324	7	at	at	ADP
ftr-358	324	8	859–60	859–60	PROPN
ftr-358	324	9	.	.	PROPN
ftr-358	324	10	25	25	NUM
ftr-358	324	11	.	.	PUNCT
ftr-358	325	1	not	not	PART
ftr-358	325	2	in	in	ADP
ftr-358	325	3	all	all	DET
ftr-358	325	4	cases	case	NOUN
ftr-358	325	5	will	will	AUX
ftr-358	325	6	it	it	PRON
ftr-358	325	7	be	be	AUX
ftr-358	325	8	possible	possible	ADJ
ftr-358	325	9	to	to	PART
ftr-358	325	10	create	create	VERB
ftr-358	325	11	and	and	CCONJ
ftr-358	325	12	realize	realize	VERB
ftr-358	325	13	a	a	DET
ftr-358	325	14	loss	loss	NOUN
ftr-358	325	15	through	through	ADP
ftr-358	325	16	means	mean	NOUN
ftr-358	325	17	of	of	ADP
ftr-358	325	18	the	the	DET
ftr-358	325	19	described	describe	VERB
ftr-358	325	20	straddle	straddle	NOUN
ftr-358	325	21	.	.	PUNCT
ftr-358	326	1	if	if	SCONJ
ftr-358	326	2	the	the	DET
ftr-358	326	3	price	price	NOUN
ftr-358	326	4	of	of	ADP
ftr-358	326	5	the	the	DET
ftr-358	326	6	share	share	NOUN
ftr-358	326	7	at	at	ADP
ftr-358	326	8	the	the	DET
ftr-358	326	9	close	close	NOUN
ftr-358	326	10	of	of	ADP
ftr-358	326	11	the	the	DET
ftr-358	326	12	year	year	NOUN
ftr-358	326	13	is	be	AUX
ftr-358	326	14	similar	similar	ADJ
ftr-358	326	15	to	to	ADP
ftr-358	326	16	its	its	PRON
ftr-358	326	17	price	price	NOUN
ftr-358	326	18	on	on	ADP
ftr-358	326	19	the	the	DET
ftr-358	326	20	day	day	NOUN
ftr-358	326	21	the	the	DET
ftr-358	326	22	straddle	straddle	NOUN
ftr-358	326	23	was	be	AUX
ftr-358	326	24	established	establish	VERB
ftr-358	326	25	,	,	PUNCT
ftr-358	326	26	it	it	PRON
ftr-358	326	27	will	will	AUX
ftr-358	326	28	not	not	PART
ftr-358	326	29	be	be	AUX
ftr-358	326	30	possible	possible	ADJ
ftr-358	326	31	to	to	PART
ftr-358	326	32	realize	realize	VERB
ftr-358	326	33	a	a	DET
ftr-358	326	34	loss	loss	NOUN
ftr-358	326	35	by	by	ADP
ftr-358	326	36	closing	close	VERB
ftr-358	326	37	one	one	NUM
ftr-358	326	38	of	of	ADP
ftr-358	326	39	the	the	DET
ftr-358	326	40	legs	leg	NOUN
ftr-358	326	41	of	of	ADP
ftr-358	326	42	the	the	DET
ftr-358	326	43	straddle	straddle	NOUN
ftr-358	326	44	.	.	PUNCT
ftr-358	327	1	nonetheless	nonetheless	ADV
ftr-358	327	2	,	,	PUNCT
ftr-358	327	3	if	if	SCONJ
ftr-358	327	4	the	the	DET
ftr-358	327	5	investor	investor	NOUN
ftr-358	327	6	establishes	establish	VERB
ftr-358	327	7	a	a	DET
ftr-358	327	8	number	number	NOUN
ftr-358	327	9	of	of	ADP
ftr-358	327	10	straddles	straddle	NOUN
ftr-358	327	11	in	in	ADP
ftr-358	327	12	which	which	PRON
ftr-358	327	13	the	the	DET
ftr-358	327	14	underlying	underlie	VERB
ftr-358	327	15	asset	asset	NOUN
ftr-358	327	16	is	be	AUX
ftr-358	327	17	a	a	DET
ftr-358	327	18	highly	highly	ADV
ftr-358	327	19	volatile	volatile	ADJ
ftr-358	327	20	financial	financial	ADJ
ftr-358	327	21	instrument	instrument	NOUN
ftr-358	327	22	,	,	PUNCT
ftr-358	327	23	it	it	PRON
ftr-358	327	24	may	may	AUX
ftr-358	327	25	be	be	AUX
ftr-358	327	26	presumed	presume	VERB
ftr-358	327	27	that	that	SCONJ
ftr-358	327	28	with	with	ADP
ftr-358	327	29	regard	regard	NOUN
ftr-358	327	30	to	to	ADP
ftr-358	327	31	at	at	ADP
ftr-358	327	32	least	least	ADJ
ftr-358	327	33	some	some	PRON
ftr-358	327	34	of	of	ADP
ftr-358	327	35	them	they	PRON
ftr-358	327	36	the	the	DET
ftr-358	327	37	investor	investor	NOUN
ftr-358	327	38	will	will	AUX
ftr-358	327	39	be	be	AUX
ftr-358	327	40	able	able	ADJ
ftr-358	327	41	to	to	PART
ftr-358	327	42	realize	realize	VERB
ftr-358	327	43	a	a	DET
ftr-358	327	44	loss	loss	NOUN
ftr-358	327	45	at	at	ADP
ftr-358	327	46	the	the	DET
ftr-358	327	47	end	end	NOUN
ftr-358	327	48	of	of	ADP
ftr-358	327	49	the	the	DET
ftr-358	327	50	year	year	NOUN
ftr-358	327	51	.	.	PUNCT
ftr-358	328	1	2010	2010	NUM
ftr-358	328	2	]	]	PUNCT
ftr-358	328	3	the	the	DET
ftr-358	328	4	myth	myth	NOUN
ftr-358	328	5	of	of	ADP
ftr-358	328	6	realization	realization	NOUN
ftr-358	328	7	:	:	PUNCT
ftr-358	328	8	mark	mark	NOUN
ftr-358	328	9	-	-	PUNCT
ftr-358	328	10	to	to	ADP
ftr-358	328	11	-	-	PUNCT
ftr-358	328	12	market	market	NOUN
ftr-358	328	13	taxation	taxation	NOUN
ftr-358	328	14	391	391	NUM
ftr-358	328	15	way	way	NOUN
ftr-358	328	16	,	,	PUNCT
ftr-358	328	17	the	the	DET
ftr-358	328	18	investor	investor	NOUN
ftr-358	328	19	,	,	PUNCT
ftr-358	328	20	for	for	ADP
ftr-358	328	21	the	the	DET
ftr-358	328	22	price	price	NOUN
ftr-358	328	23	of	of	ADP
ftr-358	328	24	the	the	DET
ftr-358	328	25	commissions	commission	NOUN
ftr-358	328	26	involved	involve	VERB
ftr-358	328	27	,	,	PUNCT
ftr-358	328	28	can	can	AUX
ftr-358	328	29	defer	defer	VERB
ftr-358	328	30	the	the	DET
ftr-358	328	31	payment	payment	NOUN
ftr-358	328	32	of	of	ADP
ftr-358	328	33	tax	tax	NOUN
ftr-358	328	34	on	on	ADP
ftr-358	328	35	her	her	PRON
ftr-358	328	36	gain	gain	NOUN
ftr-358	328	37	for	for	ADP
ftr-358	328	38	practically	practically	ADV
ftr-358	328	39	as	as	ADV
ftr-358	328	40	long	long	ADV
ftr-358	328	41	as	as	SCONJ
ftr-358	328	42	she	she	PRON
ftr-358	328	43	wishes	wish	VERB
ftr-358	328	44	.	.	PUNCT
ftr-358	329	1	there	there	PRON
ftr-358	329	2	are	be	VERB
ftr-358	329	3	three	three	NUM
ftr-358	329	4	primary	primary	ADJ
ftr-358	329	5	methods	method	NOUN
ftr-358	329	6	by	by	ADP
ftr-358	329	7	which	which	PRON
ftr-358	329	8	congress	congress	PROPN
ftr-358	329	9	,	,	PUNCT
ftr-358	329	10	the	the	DET
ftr-358	329	11	courts	court	NOUN
ftr-358	329	12	,	,	PUNCT
ftr-358	329	13	and	and	CCONJ
ftr-358	329	14	the	the	DET
ftr-358	329	15	irs	irs	PROPN
ftr-358	329	16	can	can	AUX
ftr-358	329	17	confront	confront	VERB
ftr-358	329	18	the	the	DET
ftr-358	329	19	aforementioned	aforementioned	ADJ
ftr-358	329	20	planning	planning	NOUN
ftr-358	329	21	strategies	strategy	NOUN
ftr-358	329	22	.	.	PUNCT
ftr-358	330	1	the	the	DET
ftr-358	330	2	first	first	ADJ
ftr-358	330	3	is	be	AUX
ftr-358	330	4	for	for	SCONJ
ftr-358	330	5	congress	congress	PROPN
ftr-358	330	6	to	to	PART
ftr-358	330	7	enact	enact	VERB
ftr-358	330	8	,	,	PUNCT
ftr-358	330	9	for	for	ADP
ftr-358	330	10	each	each	DET
ftr-358	330	11	planning	planning	NOUN
ftr-358	330	12	strategy	strategy	NOUN
ftr-358	330	13	,	,	PUNCT
ftr-358	330	14	a	a	DET
ftr-358	330	15	specific	specific	ADJ
ftr-358	330	16	legislative	legislative	ADJ
ftr-358	330	17	provision	provision	NOUN
ftr-358	330	18	denying	deny	VERB
ftr-358	330	19	the	the	DET
ftr-358	330	20	sought	seek	VERB
ftr-358	330	21	-	-	PUNCT
ftr-358	330	22	for	for	ADP
ftr-358	330	23	tax	tax	NOUN
ftr-358	330	24	advantages	advantage	NOUN
ftr-358	330	25	.	.	PUNCT
ftr-358	331	1	existing	exist	VERB
ftr-358	331	2	tax	tax	NOUN
ftr-358	331	3	legislation	legislation	NOUN
ftr-358	331	4	contains	contain	VERB
ftr-358	331	5	a	a	DET
ftr-358	331	6	number	number	NOUN
ftr-358	331	7	of	of	ADP
ftr-358	331	8	such	such	ADJ
ftr-358	331	9	provisions	provision	NOUN
ftr-358	331	10	.	.	PUNCT
ftr-358	332	1	section	section	NOUN
ftr-358	332	2	1092	1092	NUM
ftr-358	332	3	of	of	ADP
ftr-358	332	4	the	the	DET
ftr-358	332	5	internal	internal	PROPN
ftr-358	332	6	revenue	revenue	NOUN
ftr-358	332	7	code	code	NOUN
ftr-358	332	8	provides	provide	VERB
ftr-358	332	9	that	that	SCONJ
ftr-358	332	10	losses	loss	NOUN
ftr-358	332	11	with	with	ADP
ftr-358	332	12	respect	respect	NOUN
ftr-358	332	13	to	to	ADP
ftr-358	332	14	a	a	DET
ftr-358	332	15	position	position	NOUN
ftr-358	332	16	can	can	AUX
ftr-358	332	17	be	be	AUX
ftr-358	332	18	taken	take	VERB
ftr-358	332	19	into	into	ADP
ftr-358	332	20	account	account	NOUN
ftr-358	332	21	only	only	ADV
ftr-358	332	22	to	to	ADP
ftr-358	332	23	the	the	DET
ftr-358	332	24	extent	extent	NOUN
ftr-358	332	25	that	that	SCONJ
ftr-358	332	26	such	such	ADJ
ftr-358	332	27	losses	loss	NOUN
ftr-358	332	28	exceed	exceed	VERB
ftr-358	332	29	the	the	DET
ftr-358	332	30	gains	gain	NOUN
ftr-358	332	31	from	from	ADP
ftr-358	332	32	offsetting	offset	VERB
ftr-358	332	33	positions	position	NOUN
ftr-358	332	34	.	.	PUNCT
ftr-358	333	1	the	the	DET
ftr-358	333	2	purpose	purpose	NOUN
ftr-358	333	3	of	of	ADP
ftr-358	333	4	this	this	DET
ftr-358	333	5	provision	provision	NOUN
ftr-358	333	6	is	be	AUX
ftr-358	333	7	to	to	PART
ftr-358	333	8	prevent	prevent	VERB
ftr-358	333	9	taxpayers	taxpayer	NOUN
ftr-358	333	10	from	from	ADP
ftr-358	333	11	recognizing	recognize	VERB
ftr-358	333	12	gain	gain	NOUN
ftr-358	333	13	by	by	ADP
ftr-358	333	14	selling	sell	VERB
ftr-358	333	15	the	the	DET
ftr-358	333	16	losing	losing	ADJ
ftr-358	333	17	leg	leg	NOUN
ftr-358	333	18	of	of	ADP
ftr-358	333	19	a	a	DET
ftr-358	333	20	straddle	straddle	NOUN
ftr-358	333	21	while	while	SCONJ
ftr-358	333	22	refraining	refrain	VERB
ftr-358	333	23	from	from	ADP
ftr-358	333	24	realizing	realize	VERB
ftr-358	333	25	the	the	DET
ftr-358	333	26	gain	gain	NOUN
ftr-358	333	27	by	by	ADP
ftr-358	333	28	retaining	retain	VERB
ftr-358	333	29	the	the	DET
ftr-358	333	30	winning	win	VERB
ftr-358	333	31	leg	leg	NOUN
ftr-358	333	32	of	of	ADP
ftr-358	333	33	the	the	DET
ftr-358	333	34	straddle	straddle	NOUN
ftr-358	333	35	.	.	PUNCT
ftr-358	334	1	section	section	NOUN
ftr-358	334	2	1259	1259	NUM
ftr-358	334	3	provides	provide	VERB
ftr-358	334	4	that	that	SCONJ
ftr-358	334	5	in	in	ADP
ftr-358	334	6	a	a	DET
ftr-358	334	7	constructive	constructive	ADJ
ftr-358	334	8	sale	sale	NOUN
ftr-358	334	9	of	of	ADP
ftr-358	334	10	an	an	DET
ftr-358	334	11	appreciated	appreciated	ADJ
ftr-358	334	12	financial	financial	ADJ
ftr-358	334	13	position	position	NOUN
ftr-358	334	14	the	the	DET
ftr-358	334	15	taxpayer	taxpayer	NOUN
ftr-358	334	16	must	must	AUX
ftr-358	334	17	recognize	recognize	VERB
ftr-358	334	18	gain	gain	NOUN
ftr-358	334	19	as	as	SCONJ
ftr-358	334	20	if	if	SCONJ
ftr-358	334	21	such	such	ADJ
ftr-358	334	22	position	position	NOUN
ftr-358	334	23	had	have	AUX
ftr-358	334	24	been	be	AUX
ftr-358	334	25	sold	sell	VERB
ftr-358	334	26	.	.	PUNCT
ftr-358	335	1	the	the	DET
ftr-358	335	2	second	second	ADJ
ftr-358	335	3	method	method	NOUN
ftr-358	335	4	by	by	ADP
ftr-358	335	5	which	which	PRON
ftr-358	335	6	to	to	PART
ftr-358	335	7	confront	confront	VERB
ftr-358	335	8	these	these	DET
ftr-358	335	9	planning	planning	NOUN
ftr-358	335	10	strategies	strategy	NOUN
ftr-358	335	11	is	be	AUX
ftr-358	335	12	to	to	PART
ftr-358	335	13	rely	rely	VERB
ftr-358	335	14	on	on	ADP
ftr-358	335	15	general	general	ADJ
ftr-358	335	16	anti	anti	ADJ
ftr-358	335	17	-	-	ADJ
ftr-358	335	18	abuse	abuse	ADJ
ftr-358	335	19	principles	principle	NOUN
ftr-358	335	20	such	such	ADJ
ftr-358	335	21	as	as	ADP
ftr-358	335	22	the	the	DET
ftr-358	335	23	economic	economic	ADJ
ftr-358	335	24	substance	substance	NOUN
ftr-358	335	25	doctrine	doctrine	NOUN
ftr-358	335	26	,	,	PUNCT
ftr-358	335	27	the	the	DET
ftr-358	335	28	sham	sham	ADJ
ftr-358	335	29	transaction	transaction	NOUN
ftr-358	335	30	doctrine	doctrine	NOUN
ftr-358	335	31	,	,	PUNCT
ftr-358	335	32	and	and	CCONJ
ftr-358	335	33	the	the	DET
ftr-358	335	34	step	step	NOUN
ftr-358	335	35	transaction	transaction	NOUN
ftr-358	335	36	doctrine.26	doctrine.26	VERB
ftr-358	335	37	the	the	DET
ftr-358	335	38	major	major	ADJ
ftr-358	335	39	problem	problem	NOUN
ftr-358	335	40	with	with	ADP
ftr-358	335	41	these	these	DET
ftr-358	335	42	solutions	solution	NOUN
ftr-358	335	43	is	be	AUX
ftr-358	335	44	applying	apply	VERB
ftr-358	335	45	them	they	PRON
ftr-358	335	46	in	in	ADP
ftr-358	335	47	practice	practice	NOUN
ftr-358	335	48	.	.	PUNCT
ftr-358	336	1	for	for	ADP
ftr-358	336	2	example	example	NOUN
ftr-358	336	3	,	,	PUNCT
ftr-358	336	4	the	the	DET
ftr-358	336	5	term	term	NOUN
ftr-358	336	6	“	"	PUNCT
ftr-358	336	7	offsetting	offset	VERB
ftr-358	336	8	positions	position	NOUN
ftr-358	336	9	”	"	PUNCT
ftr-358	336	10	is	be	AUX
ftr-358	336	11	defined	define	VERB
ftr-358	336	12	in	in	ADP
ftr-358	336	13	irc	irc	PROPN
ftr-358	336	14	section	section	NOUN
ftr-358	336	15	1092	1092	NUM
ftr-358	336	16	as	as	SCONJ
ftr-358	336	17	follows	follow	VERB
ftr-358	336	18	:	:	PUNCT
ftr-358	336	19	a	a	DET
ftr-358	336	20	taxpayer	taxpayer	NOUN
ftr-358	336	21	holds	hold	VERB
ftr-358	336	22	offsetting	offset	VERB
ftr-358	336	23	positions	position	NOUN
ftr-358	336	24	with	with	ADP
ftr-358	336	25	respect	respect	NOUN
ftr-358	336	26	to	to	ADP
ftr-358	336	27	personal	personal	ADJ
ftr-358	336	28	property	property	NOUN
ftr-358	336	29	if	if	SCONJ
ftr-358	336	30	there	there	PRON
ftr-358	336	31	is	be	VERB
ftr-358	336	32	a	a	DET
ftr-358	336	33	substantial	substantial	ADJ
ftr-358	336	34	diminution	diminution	NOUN
ftr-358	336	35	of	of	ADP
ftr-358	336	36	the	the	DET
ftr-358	336	37	taxpayer	taxpayer	NOUN
ftr-358	336	38	’s	’s	PART
ftr-358	336	39	risk	risk	NOUN
ftr-358	336	40	of	of	ADP
ftr-358	336	41	loss	loss	NOUN
ftr-358	336	42	from	from	ADP
ftr-358	336	43	holding	hold	VERB
ftr-358	336	44	any	any	DET
ftr-358	336	45	position	position	NOUN
ftr-358	336	46	with	with	ADP
ftr-358	336	47	respect	respect	NOUN
ftr-358	336	48	to	to	ADP
ftr-358	336	49	personal	personal	ADJ
ftr-358	336	50	property	property	NOUN
ftr-358	336	51	by	by	ADP
ftr-358	336	52	reason	reason	NOUN
ftr-358	336	53	of	of	ADP
ftr-358	336	54	his	his	PRON
ftr-358	336	55	holding	holding	NOUN
ftr-358	336	56	1	1	NUM
ftr-358	336	57	or	or	CCONJ
ftr-358	336	58	more	more	ADJ
ftr-358	336	59	other	other	ADJ
ftr-358	336	60	positions	position	NOUN
ftr-358	336	61	with	with	ADP
ftr-358	336	62	respect	respect	NOUN
ftr-358	336	63	to	to	ADP
ftr-358	336	64	personal	personal	ADJ
ftr-358	336	65	property	property	NOUN
ftr-358	336	66	(	(	PUNCT
ftr-358	336	67	whether	whether	SCONJ
ftr-358	336	68	or	or	CCONJ
ftr-358	336	69	not	not	PART
ftr-358	336	70	of	of	ADP
ftr-358	336	71	the	the	DET
ftr-358	336	72	same	same	ADJ
ftr-358	336	73	kind).27	kind).27	PROPN
ftr-358	336	74	however	however	ADV
ftr-358	336	75	,	,	PUNCT
ftr-358	336	76	it	it	PRON
ftr-358	336	77	will	will	AUX
ftr-358	336	78	not	not	PART
ftr-358	336	79	always	always	ADV
ftr-358	336	80	be	be	AUX
ftr-358	336	81	clear	clear	ADJ
ftr-358	336	82	whether	whether	SCONJ
ftr-358	336	83	the	the	DET
ftr-358	336	84	taxpayer	taxpayer	NOUN
ftr-358	336	85	’s	’s	PART
ftr-358	336	86	investment	investment	NOUN
ftr-358	336	87	portfolio	portfolio	NOUN
ftr-358	336	88	contains	contain	VERB
ftr-358	336	89	offsetting	offset	VERB
ftr-358	336	90	positions	position	NOUN
ftr-358	336	91	,	,	PUNCT
ftr-358	336	92	particularly	particularly	ADV
ftr-358	336	93	as	as	SCONJ
ftr-358	336	94	the	the	DET
ftr-358	336	95	taxpayer	taxpayer	NOUN
ftr-358	336	96	’s	’s	PART
ftr-358	336	97	entire	entire	ADJ
ftr-358	336	98	portfolio	portfolio	NOUN
ftr-358	336	99	may	may	AUX
ftr-358	336	100	have	have	VERB
ftr-358	336	101	to	to	PART
ftr-358	336	102	be	be	AUX
ftr-358	336	103	analyzed	analyze	VERB
ftr-358	336	104	to	to	PART
ftr-358	336	105	determine	determine	VERB
ftr-358	336	106	the	the	DET
ftr-358	336	107	risks	risk	NOUN
ftr-358	336	108	to	to	ADP
ftr-358	336	109	26	26	NUM
ftr-358	336	110	.	.	PUNCT
ftr-358	337	1	the	the	DET
ftr-358	337	2	literature	literature	NOUN
ftr-358	337	3	involving	involve	VERB
ftr-358	337	4	these	these	DET
ftr-358	337	5	doctrines	doctrine	NOUN
ftr-358	337	6	is	be	AUX
ftr-358	337	7	too	too	ADV
ftr-358	337	8	vast	vast	ADJ
ftr-358	337	9	to	to	PART
ftr-358	337	10	be	be	AUX
ftr-358	337	11	extensively	extensively	ADV
ftr-358	337	12	analyzed	analyze	VERB
ftr-358	337	13	here	here	ADV
ftr-358	337	14	.	.	PUNCT
ftr-358	338	1	see	see	VERB
ftr-358	338	2	,	,	PUNCT
ftr-358	338	3	e.g.	e.g.	ADV
ftr-358	338	4	,	,	PUNCT
ftr-358	338	5	knetch	knetch	NOUN
ftr-358	338	6	v.	v.	ADP
ftr-358	338	7	u.	u.	PROPN
ftr-358	338	8	s.	s.	PROPN
ftr-358	338	9	,	,	PUNCT
ftr-358	338	10	364	364	NUM
ftr-358	338	11	u.s	u.s	PROPN
ftr-358	338	12	.	.	PROPN
ftr-358	338	13	361	361	NUM
ftr-358	338	14	(	(	PUNCT
ftr-358	338	15	1960	1960	NUM
ftr-358	338	16	)	)	PUNCT
ftr-358	338	17	;	;	PUNCT
ftr-358	338	18	gregory	gregory	PROPN
ftr-358	338	19	v.	v.	ADP
ftr-358	338	20	helvering	helvering	PROPN
ftr-358	338	21	,	,	PUNCT
ftr-358	338	22	293	293	NUM
ftr-358	338	23	u.s	u.s	PROPN
ftr-358	338	24	.	.	PROPN
ftr-358	338	25	465	465	NUM
ftr-358	338	26	(	(	PUNCT
ftr-358	338	27	1935	1935	NUM
ftr-358	338	28	)	)	PUNCT
ftr-358	338	29	;	;	PUNCT
ftr-358	338	30	rice	rice	PROPN
ftr-358	338	31	’s	’s	PART
ftr-358	338	32	toyota	toyota	PROPN
ftr-358	338	33	world	world	PROPN
ftr-358	338	34	,	,	PUNCT
ftr-358	338	35	inc	inc	PROPN
ftr-358	338	36	.	.	PROPN
ftr-358	339	1	v.	v.	PROPN
ftr-358	339	2	commissioner	commissioner	PROPN
ftr-358	339	3	,	,	PUNCT
ftr-358	339	4	752	752	NUM
ftr-358	339	5	f.2d	f.2d	SYM
ftr-358	339	6	89	89	NUM
ftr-358	339	7	(	(	PUNCT
ftr-358	339	8	4th	4th	ADJ
ftr-358	339	9	cir	cir	NOUN
ftr-358	339	10	.	.	PUNCT
ftr-358	339	11	1985	1985	NUM
ftr-358	339	12	)	)	PUNCT
ftr-358	339	13	.	.	PUNCT
ftr-358	340	1	the	the	DET
ftr-358	340	2	common	common	ADJ
ftr-358	340	3	law	law	NOUN
ftr-358	340	4	economic	economic	ADJ
ftr-358	340	5	substance	substance	NOUN
ftr-358	340	6	doctrine	doctrine	NOUN
ftr-358	340	7	has	have	AUX
ftr-358	340	8	recently	recently	ADV
ftr-358	340	9	been	be	AUX
ftr-358	340	10	clarified	clarify	VERB
ftr-358	340	11	in	in	ADP
ftr-358	340	12	irc	irc	PROPN
ftr-358	340	13	§	§	PROPN
ftr-358	340	14	7701(o	7701(o	PROPN
ftr-358	340	15	):	):	PUNCT
ftr-358	340	16	a	a	DET
ftr-358	340	17	transaction	transaction	NOUN
ftr-358	340	18	will	will	AUX
ftr-358	340	19	not	not	PART
ftr-358	340	20	be	be	AUX
ftr-358	340	21	considered	consider	VERB
ftr-358	340	22	to	to	PART
ftr-358	340	23	have	have	VERB
ftr-358	340	24	economic	economic	ADJ
ftr-358	340	25	substance	substance	NOUN
ftr-358	340	26	unless	unless	SCONJ
ftr-358	340	27	,	,	PUNCT
ftr-358	340	28	apart	apart	ADV
ftr-358	340	29	from	from	ADP
ftr-358	340	30	the	the	DET
ftr-358	340	31	effects	effect	NOUN
ftr-358	340	32	of	of	ADP
ftr-358	340	33	federal	federal	ADJ
ftr-358	340	34	income	income	NOUN
ftr-358	340	35	tax	tax	NOUN
ftr-358	340	36	,	,	PUNCT
ftr-358	340	37	the	the	DET
ftr-358	340	38	taxpayer	taxpayer	NOUN
ftr-358	340	39	has	have	VERB
ftr-358	340	40	a	a	DET
ftr-358	340	41	substantial	substantial	ADJ
ftr-358	340	42	purpose	purpose	NOUN
ftr-358	340	43	for	for	ADP
ftr-358	340	44	entering	enter	VERB
ftr-358	340	45	into	into	ADP
ftr-358	340	46	it	it	PRON
ftr-358	340	47	and	and	CCONJ
ftr-358	340	48	it	it	PRON
ftr-358	340	49	meaningfully	meaningfully	ADV
ftr-358	340	50	changes	change	VERB
ftr-358	340	51	the	the	DET
ftr-358	340	52	taxpayer	taxpayer	NOUN
ftr-358	340	53	’s	’s	PART
ftr-358	340	54	economic	economic	ADJ
ftr-358	340	55	position	position	NOUN
ftr-358	340	56	.	.	PUNCT
ftr-358	341	1	for	for	ADP
ftr-358	341	2	the	the	DET
ftr-358	341	3	purpose	purpose	NOUN
ftr-358	341	4	of	of	ADP
ftr-358	341	5	making	make	VERB
ftr-358	341	6	such	such	ADJ
ftr-358	341	7	determinations	determination	NOUN
ftr-358	341	8	,	,	PUNCT
ftr-358	341	9	potential	potential	NOUN
ftr-358	341	10	for	for	ADP
ftr-358	341	11	profit	profit	NOUN
ftr-358	341	12	is	be	AUX
ftr-358	341	13	taken	take	VERB
ftr-358	341	14	into	into	ADP
ftr-358	341	15	account	account	NOUN
ftr-358	341	16	only	only	ADV
ftr-358	341	17	if	if	SCONJ
ftr-358	341	18	the	the	DET
ftr-358	341	19	present	present	ADJ
ftr-358	341	20	value	value	NOUN
ftr-358	341	21	of	of	ADP
ftr-358	341	22	the	the	DET
ftr-358	341	23	pretax	pretax	ADJ
ftr-358	341	24	profit	profit	NOUN
ftr-358	341	25	is	be	AUX
ftr-358	341	26	substantial	substantial	ADJ
ftr-358	341	27	in	in	ADP
ftr-358	341	28	relation	relation	NOUN
ftr-358	341	29	to	to	ADP
ftr-358	341	30	the	the	DET
ftr-358	341	31	present	present	ADJ
ftr-358	341	32	value	value	NOUN
ftr-358	341	33	of	of	ADP
ftr-358	341	34	the	the	DET
ftr-358	341	35	net	net	ADJ
ftr-358	341	36	tax	tax	NOUN
ftr-358	341	37	benefits	benefit	NOUN
ftr-358	341	38	.	.	PUNCT
ftr-358	342	1	27	27	NUM
ftr-358	342	2	.	.	PUNCT
ftr-358	343	1	irc	irc	PROPN
ftr-358	343	2	§	§	PROPN
ftr-358	343	3	1092(c)(2)(a	1092(c)(2)(a	NUM
ftr-358	343	4	)	)	PUNCT
ftr-358	343	5	.	.	PUNCT
ftr-358	344	1	irc	irc	AUX
ftr-358	344	2	§	§	PROPN
ftr-358	344	3	1092(c)(3)(a	1092(c)(3)(a	NUM
ftr-358	344	4	)	)	PUNCT
ftr-358	344	5	contains	contain	VERB
ftr-358	344	6	a	a	DET
ftr-358	344	7	list	list	NOUN
ftr-358	344	8	of	of	ADP
ftr-358	344	9	presumably	presumably	ADV
ftr-358	344	10	offsetting	offset	VERB
ftr-358	344	11	positions	position	NOUN
ftr-358	344	12	,	,	PUNCT
ftr-358	344	13	with	with	ADP
ftr-358	344	14	irc	irc	PROPN
ftr-358	344	15	§	§	PROPN
ftr-358	344	16	1092(c)(3)(b	1092(c)(3)(b	NUM
ftr-358	344	17	)	)	PUNCT
ftr-358	344	18	clarifying	clarify	VERB
ftr-358	344	19	that	that	SCONJ
ftr-358	344	20	the	the	DET
ftr-358	344	21	presumption	presumption	NOUN
ftr-358	344	22	in	in	ADP
ftr-358	344	23	subparagraph	subparagraph	NOUN
ftr-358	344	24	(	(	PUNCT
ftr-358	344	25	a	a	X
ftr-358	344	26	)	)	PUNCT
ftr-358	344	27	is	be	AUX
ftr-358	344	28	rebuttable	rebuttable	ADJ
ftr-358	344	29	.	.	PUNCT
ftr-358	345	1	392	392	NUM
ftr-358	345	2	florida	florida	PROPN
ftr-358	345	3	tax	tax	NOUN
ftr-358	345	4	review	review	NOUN
ftr-358	345	5	[	[	X
ftr-358	345	6	vol	vol	NOUN
ftr-358	345	7	.	.	PUNCT
ftr-358	346	1	10:5	10:5	NUM
ftr-358	346	2	which	which	PRON
ftr-358	346	3	she	she	PRON
ftr-358	346	4	is	be	AUX
ftr-358	346	5	actually	actually	ADV
ftr-358	346	6	exposed	expose	VERB
ftr-358	346	7	.	.	PUNCT
ftr-358	347	1	the	the	DET
ftr-358	347	2	financial	financial	ADJ
ftr-358	347	3	instruments	instrument	NOUN
ftr-358	347	4	available	available	ADJ
ftr-358	347	5	today	today	NOUN
ftr-358	347	6	are	be	AUX
ftr-358	347	7	many	many	ADJ
ftr-358	347	8	,	,	PUNCT
ftr-358	347	9	diverse	diverse	ADJ
ftr-358	347	10	,	,	PUNCT
ftr-358	347	11	and	and	CCONJ
ftr-358	347	12	sophisticated	sophisticated	ADJ
ftr-358	347	13	,	,	PUNCT
ftr-358	347	14	and	and	CCONJ
ftr-358	347	15	the	the	DET
ftr-358	347	16	affect	affect	NOUN
ftr-358	347	17	of	of	ADP
ftr-358	347	18	each	each	PRON
ftr-358	347	19	on	on	ADP
ftr-358	347	20	the	the	DET
ftr-358	347	21	overall	overall	ADJ
ftr-358	347	22	level	level	NOUN
ftr-358	347	23	of	of	ADP
ftr-358	347	24	risk	risk	NOUN
ftr-358	347	25	inherent	inherent	ADJ
ftr-358	347	26	in	in	ADP
ftr-358	347	27	the	the	DET
ftr-358	347	28	portfolio	portfolio	NOUN
ftr-358	347	29	may	may	AUX
ftr-358	347	30	not	not	PART
ftr-358	347	31	be	be	AUX
ftr-358	347	32	obvious	obvious	ADJ
ftr-358	347	33	.	.	PUNCT
ftr-358	348	1	furthermore	furthermore	ADV
ftr-358	348	2	,	,	PUNCT
ftr-358	348	3	as	as	SCONJ
ftr-358	348	4	investment	investment	NOUN
ftr-358	348	5	portfolios	portfolio	NOUN
ftr-358	348	6	are	be	AUX
ftr-358	348	7	not	not	PART
ftr-358	348	8	static	static	ADJ
ftr-358	348	9	,	,	PUNCT
ftr-358	348	10	the	the	DET
ftr-358	348	11	extent	extent	NOUN
ftr-358	348	12	to	to	PART
ftr-358	348	13	which	which	PRON
ftr-358	348	14	the	the	DET
ftr-358	348	15	risk	risk	NOUN
ftr-358	348	16	inherent	inherent	ADJ
ftr-358	348	17	in	in	ADP
ftr-358	348	18	any	any	DET
ftr-358	348	19	position	position	NOUN
ftr-358	348	20	is	be	AUX
ftr-358	348	21	offset	offset	VERB
ftr-358	348	22	by	by	ADP
ftr-358	348	23	another	another	DET
ftr-358	348	24	position	position	NOUN
ftr-358	348	25	may	may	AUX
ftr-358	348	26	change	change	VERB
ftr-358	348	27	by	by	ADP
ftr-358	348	28	the	the	DET
ftr-358	348	29	minute	minute	NOUN
ftr-358	348	30	.	.	PUNCT
ftr-358	349	1	the	the	DET
ftr-358	349	2	same	same	ADJ
ftr-358	349	3	doubts	doubt	NOUN
ftr-358	349	4	can	can	AUX
ftr-358	349	5	arise	arise	VERB
ftr-358	349	6	with	with	ADP
ftr-358	349	7	regard	regard	NOUN
ftr-358	349	8	to	to	ADP
ftr-358	349	9	the	the	DET
ftr-358	349	10	question	question	NOUN
ftr-358	349	11	of	of	ADP
ftr-358	349	12	whether	whether	SCONJ
ftr-358	349	13	a	a	DET
ftr-358	349	14	given	give	VERB
ftr-358	349	15	change	change	NOUN
ftr-358	349	16	in	in	ADP
ftr-358	349	17	the	the	DET
ftr-358	349	18	taxpayer	taxpayer	NOUN
ftr-358	349	19	’s	’s	PART
ftr-358	349	20	portfolio	portfolio	NOUN
ftr-358	349	21	constitutes	constitute	VERB
ftr-358	349	22	a	a	DET
ftr-358	349	23	constructive	constructive	ADJ
ftr-358	349	24	sale	sale	NOUN
ftr-358	349	25	of	of	ADP
ftr-358	349	26	any	any	PRON
ftr-358	349	27	of	of	ADP
ftr-358	349	28	the	the	DET
ftr-358	349	29	positions	position	NOUN
ftr-358	349	30	therein.28	therein.28	NOUN
ftr-358	349	31	furthermore	furthermore	ADV
ftr-358	349	32	,	,	PUNCT
ftr-358	349	33	the	the	DET
ftr-358	349	34	very	very	ADJ
ftr-358	349	35	act	act	NOUN
ftr-358	349	36	of	of	ADP
ftr-358	349	37	defining	define	VERB
ftr-358	349	38	terms	term	NOUN
ftr-358	349	39	such	such	ADJ
ftr-358	349	40	as	as	ADP
ftr-358	349	41	“	"	PUNCT
ftr-358	349	42	constructive	constructive	ADJ
ftr-358	349	43	sale	sale	NOUN
ftr-358	349	44	”	"	PUNCT
ftr-358	349	45	invites	invite	VERB
ftr-358	349	46	attempts	attempt	NOUN
ftr-358	349	47	to	to	PART
ftr-358	349	48	frustrate	frustrate	VERB
ftr-358	349	49	the	the	DET
ftr-358	349	50	provision	provision	NOUN
ftr-358	349	51	by	by	ADP
ftr-358	349	52	achieving	achieve	VERB
ftr-358	349	53	economic	economic	ADJ
ftr-358	349	54	realization	realization	NOUN
ftr-358	349	55	that	that	PRON
ftr-358	349	56	does	do	AUX
ftr-358	349	57	not	not	PART
ftr-358	349	58	meet	meet	VERB
ftr-358	349	59	the	the	DET
ftr-358	349	60	requirements	requirement	NOUN
ftr-358	349	61	for	for	ADP
ftr-358	349	62	a	a	DET
ftr-358	349	63	constructive	constructive	ADJ
ftr-358	349	64	sale	sale	NOUN
ftr-358	349	65	as	as	ADP
ftr-358	349	66	statutorily	statutorily	ADV
ftr-358	349	67	defined.29	defined.29	NOUN
ftr-358	349	68	with	with	ADP
ftr-358	349	69	regard	regard	NOUN
ftr-358	349	70	to	to	ADP
ftr-358	349	71	the	the	DET
ftr-358	349	72	general	general	ADJ
ftr-358	349	73	anti	anti	ADJ
ftr-358	349	74	-	-	ADJ
ftr-358	349	75	abuse	abuse	ADJ
ftr-358	349	76	principles	principle	NOUN
ftr-358	349	77	,	,	PUNCT
ftr-358	349	78	the	the	DET
ftr-358	349	79	problems	problem	NOUN
ftr-358	349	80	surrounding	surround	VERB
ftr-358	349	81	their	their	PRON
ftr-358	349	82	application	application	NOUN
ftr-358	349	83	in	in	ADP
ftr-358	349	84	practice	practice	NOUN
ftr-358	349	85	are	be	AUX
ftr-358	349	86	legendary	legendary	ADJ
ftr-358	349	87	.	.	PUNCT
ftr-358	350	1	a	a	DET
ftr-358	350	2	coherent	coherent	ADJ
ftr-358	350	3	theory	theory	NOUN
ftr-358	350	4	as	as	ADP
ftr-358	350	5	to	to	ADP
ftr-358	350	6	when	when	SCONJ
ftr-358	350	7	courts	court	NOUN
ftr-358	350	8	will	will	AUX
ftr-358	350	9	ignore	ignore	VERB
ftr-358	350	10	a	a	DET
ftr-358	350	11	transaction	transaction	NOUN
ftr-358	350	12	as	as	ADP
ftr-358	350	13	a	a	DET
ftr-358	350	14	sham	sham	NOUN
ftr-358	350	15	and	and	CCONJ
ftr-358	350	16	when	when	SCONJ
ftr-358	350	17	they	they	PRON
ftr-358	350	18	will	will	AUX
ftr-358	350	19	recognize	recognize	VERB
ftr-358	350	20	it	it	PRON
ftr-358	350	21	for	for	ADP
ftr-358	350	22	tax	tax	NOUN
ftr-358	350	23	purposes	purpose	NOUN
ftr-358	350	24	has	have	AUX
ftr-358	350	25	not	not	PART
ftr-358	350	26	yet	yet	ADV
ftr-358	350	27	been	be	AUX
ftr-358	350	28	articulated	articulate	VERB
ftr-358	350	29	,	,	PUNCT
ftr-358	350	30	and	and	CCONJ
ftr-358	350	31	it	it	PRON
ftr-358	350	32	is	be	AUX
ftr-358	350	33	difficult	difficult	ADJ
ftr-358	350	34	to	to	PART
ftr-358	350	35	predict	predict	VERB
ftr-358	350	36	in	in	ADP
ftr-358	350	37	advance	advance	NOUN
ftr-358	350	38	when	when	SCONJ
ftr-358	350	39	a	a	DET
ftr-358	350	40	court	court	NOUN
ftr-358	350	41	will	will	AUX
ftr-358	350	42	ignore	ignore	VERB
ftr-358	350	43	any	any	DET
ftr-358	350	44	particular	particular	ADJ
ftr-358	350	45	transaction	transaction	NOUN
ftr-358	350	46	as	as	ADP
ftr-358	350	47	a	a	DET
ftr-358	350	48	sham.30	sham.30	PROPN
ftr-358	350	49	28	28	NUM
ftr-358	350	50	.	.	PUNCT
ftr-358	351	1	see	see	VERB
ftr-358	351	2	david	david	PROPN
ftr-358	351	3	p.	p.	PROPN
ftr-358	351	4	hariton	hariton	PROPN
ftr-358	351	5	,	,	PUNCT
ftr-358	351	6	the	the	DET
ftr-358	351	7	tax	tax	NOUN
ftr-358	351	8	treatment	treatment	NOUN
ftr-358	351	9	of	of	ADP
ftr-358	351	10	hedged	hedge	VERB
ftr-358	351	11	positions	position	NOUN
ftr-358	351	12	in	in	ADP
ftr-358	351	13	stock	stock	NOUN
ftr-358	351	14	:	:	PUNCT
ftr-358	351	15	what	what	PRON
ftr-358	351	16	hath	hath	NOUN
ftr-358	351	17	technical	technical	ADJ
ftr-358	351	18	analysis	analysis	NOUN
ftr-358	351	19	wrought	work	VERB
ftr-358	351	20	?	?	PUNCT
ftr-358	352	1	,	,	PUNCT
ftr-358	352	2	50	50	NUM
ftr-358	352	3	tax	tax	NOUN
ftr-358	352	4	la	la	PROPN
ftr-358	352	5	.	.	PUNCT
ftr-358	352	6	rev	rev	PROPN
ftr-358	352	7	.	.	PROPN
ftr-358	352	8	803	803	NUM
ftr-358	352	9	,	,	PUNCT
ftr-358	352	10	805	805	NUM
ftr-358	352	11	-	-	SYM
ftr-358	352	12	09	09	NUM
ftr-358	352	13	(	(	PUNCT
ftr-358	352	14	1995	1995	NUM
ftr-358	352	15	)	)	PUNCT
ftr-358	352	16	.	.	PUNCT
ftr-358	353	1	29	29	NUM
ftr-358	353	2	.	.	X
ftr-358	354	1	see	see	VERB
ftr-358	354	2	,	,	PUNCT
ftr-358	354	3	e.g.	e.g.	ADV
ftr-358	354	4	,	,	PUNCT
ftr-358	354	5	david	david	PROPN
ftr-358	354	6	a.	a.	PROPN
ftr-358	354	7	weisbach	weisbach	PROPN
ftr-358	354	8	,	,	PUNCT
ftr-358	354	9	line	line	NOUN
ftr-358	354	10	drawing	drawing	NOUN
ftr-358	354	11	,	,	PUNCT
ftr-358	354	12	doctrine	doctrine	NOUN
ftr-358	354	13	,	,	PUNCT
ftr-358	354	14	and	and	CCONJ
ftr-358	354	15	efficiency	efficiency	NOUN
ftr-358	354	16	in	in	ADP
ftr-358	354	17	the	the	DET
ftr-358	354	18	tax	tax	NOUN
ftr-358	354	19	law	law	NOUN
ftr-358	354	20	,	,	PUNCT
ftr-358	354	21	84	84	NUM
ftr-358	354	22	cornell	cornell	PROPN
ftr-358	354	23	l.	l.	PROPN
ftr-358	354	24	rev	rev	PROPN
ftr-358	354	25	.	.	PROPN
ftr-358	354	26	1627	1627	NUM
ftr-358	354	27	,	,	PUNCT
ftr-358	354	28	1636	1636	NUM
ftr-358	354	29	(	(	PUNCT
ftr-358	354	30	1999	1999	NUM
ftr-358	354	31	)	)	PUNCT
ftr-358	354	32	.	.	PUNCT
ftr-358	355	1	from	from	ADP
ftr-358	355	2	an	an	DET
ftr-358	355	3	economic	economic	ADJ
ftr-358	355	4	perspective	perspective	NOUN
ftr-358	355	5	,	,	PUNCT
ftr-358	355	6	short	short	NOUN
ftr-358	355	7	-	-	PUNCT
ftr-358	355	8	against	against	ADP
ftr-358	355	9	-	-	PUNCT
ftr-358	355	10	the	the	DET
ftr-358	355	11	-	-	PUNCT
ftr-358	355	12	box	box	NOUN
ftr-358	355	13	transactions	transaction	NOUN
ftr-358	355	14	look	look	VERB
ftr-358	355	15	too	too	ADV
ftr-358	355	16	much	much	ADV
ftr-358	355	17	like	like	ADP
ftr-358	355	18	sales	sale	NOUN
ftr-358	355	19	for	for	SCONJ
ftr-358	355	20	them	they	PRON
ftr-358	355	21	to	to	PART
ftr-358	355	22	be	be	AUX
ftr-358	355	23	not	not	PART
ftr-358	355	24	treated	treat	VERB
ftr-358	355	25	as	as	ADP
ftr-358	355	26	realization	realization	NOUN
ftr-358	355	27	events	event	NOUN
ftr-358	355	28	.	.	PUNCT
ftr-358	356	1	because	because	SCONJ
ftr-358	356	2	they	they	PRON
ftr-358	356	3	eliminate	eliminate	VERB
ftr-358	356	4	the	the	DET
ftr-358	356	5	risk	risk	NOUN
ftr-358	356	6	of	of	ADP
ftr-358	356	7	gain	gain	NOUN
ftr-358	356	8	and	and	CCONJ
ftr-358	356	9	loss	loss	NOUN
ftr-358	356	10	,	,	PUNCT
ftr-358	356	11	congress	congress	PROPN
ftr-358	356	12	changed	change	VERB
ftr-358	356	13	the	the	DET
ftr-358	356	14	law	law	NOUN
ftr-358	356	15	to	to	PART
ftr-358	356	16	treat	treat	VERB
ftr-358	356	17	them	they	PRON
ftr-358	356	18	as	as	ADP
ftr-358	356	19	sales	sale	NOUN
ftr-358	356	20	.	.	PUNCT
ftr-358	357	1	it	it	PRON
ftr-358	357	2	is	be	AUX
ftr-358	357	3	not	not	PART
ftr-358	357	4	clear	clear	ADJ
ftr-358	357	5	,	,	PUNCT
ftr-358	357	6	however	however	ADV
ftr-358	357	7	,	,	PUNCT
ftr-358	357	8	if	if	SCONJ
ftr-358	357	9	this	this	DET
ftr-358	357	10	change	change	NOUN
ftr-358	357	11	is	be	AUX
ftr-358	357	12	appropriate	appropriate	ADJ
ftr-358	357	13	.	.	PUNCT
ftr-358	358	1	the	the	DET
ftr-358	358	2	new	new	ADJ
ftr-358	358	3	law	law	NOUN
ftr-358	358	4	only	only	ADV
ftr-358	358	5	moves	move	VERB
ftr-358	358	6	the	the	DET
ftr-358	358	7	line	line	NOUN
ftr-358	358	8	between	between	ADP
ftr-358	358	9	holding	hold	VERB
ftr-358	358	10	and	and	CCONJ
ftr-358	358	11	selling	sell	VERB
ftr-358	358	12	incrementally	incrementally	ADV
ftr-358	358	13	.	.	PUNCT
ftr-358	359	1	the	the	DET
ftr-358	359	2	underlying	underlying	ADJ
ftr-358	359	3	problem	problem	NOUN
ftr-358	359	4	,	,	PUNCT
ftr-358	359	5	that	that	SCONJ
ftr-358	359	6	similar	similar	ADJ
ftr-358	359	7	transactions	transaction	NOUN
ftr-358	359	8	are	be	AUX
ftr-358	359	9	treated	treat	VERB
ftr-358	359	10	differently	differently	ADV
ftr-358	359	11	,	,	PUNCT
ftr-358	359	12	is	be	AUX
ftr-358	359	13	still	still	ADV
ftr-358	359	14	there	there	ADV
ftr-358	359	15	—	—	PUNCT
ftr-358	359	16	there	there	PRON
ftr-358	359	17	is	be	VERB
ftr-358	359	18	just	just	ADV
ftr-358	359	19	a	a	DET
ftr-358	359	20	new	new	ADJ
ftr-358	359	21	line	line	NOUN
ftr-358	359	22	.	.	PUNCT
ftr-358	360	1	the	the	DET
ftr-358	360	2	new	new	ADJ
ftr-358	360	3	line	line	NOUN
ftr-358	360	4	is	be	AUX
ftr-358	360	5	substantially	substantially	ADV
ftr-358	360	6	more	more	ADV
ftr-358	360	7	complex	complex	ADJ
ftr-358	360	8	than	than	ADP
ftr-358	360	9	prior	prior	ADJ
ftr-358	360	10	law	law	NOUN
ftr-358	360	11	,	,	PUNCT
ftr-358	360	12	and	and	CCONJ
ftr-358	360	13	taxpayers	taxpayer	NOUN
ftr-358	360	14	can	can	AUX
ftr-358	360	15	probably	probably	ADV
ftr-358	360	16	avoid	avoid	VERB
ftr-358	360	17	unfavorable	unfavorable	ADJ
ftr-358	360	18	tax	tax	NOUN
ftr-358	360	19	treatment	treatment	NOUN
ftr-358	360	20	just	just	ADV
ftr-358	360	21	as	as	ADV
ftr-358	360	22	easily	easily	ADV
ftr-358	360	23	.	.	PUNCT
ftr-358	361	1	it	it	PRON
ftr-358	361	2	is	be	AUX
ftr-358	361	3	doubtful	doubtful	ADJ
ftr-358	361	4	that	that	SCONJ
ftr-358	361	5	the	the	DET
ftr-358	361	6	legislation	legislation	NOUN
ftr-358	361	7	moves	move	VERB
ftr-358	361	8	us	we	PRON
ftr-358	361	9	any	any	PRON
ftr-358	361	10	closer	close	ADV
ftr-358	361	11	to	to	ADP
ftr-358	361	12	a	a	DET
ftr-358	361	13	clear	clear	ADJ
ftr-358	361	14	definition	definition	NOUN
ftr-358	361	15	of	of	ADP
ftr-358	361	16	the	the	DET
ftr-358	361	17	realization	realization	NOUN
ftr-358	361	18	requirement	requirement	NOUN
ftr-358	361	19	.	.	PUNCT
ftr-358	362	1	i	i	PRON
ftr-358	362	2	d.	d.	PROPN
ftr-358	362	3	(	(	PUNCT
ftr-358	362	4	citations	citation	NOUN
ftr-358	362	5	omitted	omit	VERB
ftr-358	362	6	)	)	PUNCT
ftr-358	362	7	.	.	PUNCT
ftr-358	363	1	for	for	ADP
ftr-358	363	2	an	an	DET
ftr-358	363	3	unsuccessful	unsuccessful	ADJ
ftr-358	363	4	(	(	PUNCT
ftr-358	363	5	pending	pende	VERB
ftr-358	363	6	appeal	appeal	NOUN
ftr-358	363	7	)	)	PUNCT
ftr-358	363	8	attempt	attempt	NOUN
ftr-358	363	9	to	to	PART
ftr-358	363	10	avoid	avoid	VERB
ftr-358	363	11	the	the	DET
ftr-358	363	12	§	§	PROPN
ftr-358	363	13	1259	1259	NUM
ftr-358	363	14	definition	definition	NOUN
ftr-358	363	15	,	,	PUNCT
ftr-358	363	16	see	see	VERB
ftr-358	363	17	anschutz	anschutz	PROPN
ftr-358	363	18	co.	co.	PROPN
ftr-358	364	1	v.	v.	PROPN
ftr-358	364	2	commissioner	commissioner	PROPN
ftr-358	364	3	,	,	PUNCT
ftr-358	364	4	135	135	NUM
ftr-358	364	5	t.c	t.c	PROPN
ftr-358	364	6	.	.	PUNCT
ftr-358	365	1	no	no	INTJ
ftr-358	365	2	.	.	NOUN
ftr-358	365	3	5	5	NUM
ftr-358	365	4	(	(	PUNCT
ftr-358	365	5	2010	2010	NUM
ftr-358	365	6	)	)	PUNCT
ftr-358	365	7	;	;	PUNCT
ftr-358	365	8	see	see	VERB
ftr-358	365	9	david	david	PROPN
ftr-358	365	10	cay	cay	PROPN
ftr-358	365	11	johnston	johnston	PROPN
ftr-358	365	12	,	,	PUNCT
ftr-358	365	13	anschutz	anschutz	PROPN
ftr-358	365	14	will	will	AUX
ftr-358	365	15	cost	cost	VERB
ftr-358	365	16	taxpayers	taxpayer	NOUN
ftr-358	365	17	more	more	ADJ
ftr-358	365	18	than	than	ADP
ftr-358	365	19	the	the	DET
ftr-358	365	20	billionaire	billionaire	NOUN
ftr-358	365	21	,	,	PUNCT
ftr-358	365	22	128	128	NUM
ftr-358	365	23	tax	tax	NOUN
ftr-358	365	24	notes	note	NOUN
ftr-358	365	25	557	557	NUM
ftr-358	365	26	(	(	PUNCT
ftr-358	365	27	aug	aug	PROPN
ftr-358	365	28	.	.	PROPN
ftr-358	365	29	2	2	NUM
ftr-358	365	30	,	,	PUNCT
ftr-358	365	31	2010	2010	NUM
ftr-358	365	32	)	)	PUNCT
ftr-358	365	33	;	;	PUNCT
ftr-358	365	34	david	david	PROPN
ftr-358	365	35	cay	cay	PROPN
ftr-358	365	36	johnston	johnston	PROPN
ftr-358	365	37	,	,	PUNCT
ftr-358	365	38	anschutz	anschutz	VERB
ftr-358	365	39	and	and	CCONJ
ftr-358	365	40	a	a	DET
ftr-358	365	41	21st	21st	ADJ
ftr-358	365	42	-	-	PUNCT
ftr-358	365	43	century	century	NOUN
ftr-358	365	44	tax	tax	NOUN
ftr-358	365	45	system	system	NOUN
ftr-358	365	46	,	,	PUNCT
ftr-358	365	47	127	127	NUM
ftr-358	365	48	tax	tax	NOUN
ftr-358	365	49	notes	note	NOUN
ftr-358	365	50	699	699	NUM
ftr-358	365	51	(	(	PUNCT
ftr-358	365	52	may	may	PROPN
ftr-358	365	53	10	10	NUM
ftr-358	365	54	,	,	PUNCT
ftr-358	365	55	2010	2010	NUM
ftr-358	365	56	)	)	PUNCT
ftr-358	365	57	.	.	PUNCT
ftr-358	366	1	30	30	NUM
ftr-358	366	2	.	.	PUNCT
ftr-358	367	1	see	see	VERB
ftr-358	367	2	,	,	PUNCT
ftr-358	367	3	e.g.	e.g.	ADV
ftr-358	367	4	,	,	PUNCT
ftr-358	367	5	christopher	christopher	PROPN
ftr-358	367	6	h.	h.	PROPN
ftr-358	367	7	hanna	hanna	PROPN
ftr-358	367	8	,	,	PUNCT
ftr-358	367	9	from	from	ADP
ftr-358	367	10	gregory	gregory	PROPN
ftr-358	367	11	to	to	ADP
ftr-358	367	12	enron	enron	PROPN
ftr-358	367	13	:	:	PUNCT
ftr-358	367	14	the	the	DET
ftr-358	367	15	too	too	ADV
ftr-358	367	16	perfect	perfect	ADJ
ftr-358	367	17	theory	theory	NOUN
ftr-358	367	18	and	and	CCONJ
ftr-358	367	19	tax	tax	NOUN
ftr-358	367	20	law	law	NOUN
ftr-358	367	21	,	,	PUNCT
ftr-358	367	22	24	24	NUM
ftr-358	367	23	va	va	NOUN
ftr-358	367	24	.	.	PUNCT
ftr-358	368	1	tax	tax	PROPN
ftr-358	368	2	rev	rev	PROPN
ftr-358	368	3	.	.	PROPN
ftr-358	368	4	737	737	NUM
ftr-358	368	5	(	(	PUNCT
ftr-358	368	6	2005	2005	NUM
ftr-358	368	7	)	)	PUNCT
ftr-358	368	8	;	;	PUNCT
ftr-358	368	9	martin	martin	PROPN
ftr-358	368	10	j.	j.	PROPN
ftr-358	368	11	mcmahon	mcmahon	PROPN
ftr-358	368	12	,	,	PUNCT
ftr-358	368	13	jr	jr	PROPN
ftr-358	368	14	.	.	PROPN
ftr-358	368	15	,	,	PUNCT
ftr-358	368	16	random	random	ADJ
ftr-358	368	17	thoughts	thought	NOUN
ftr-358	368	18	on	on	ADP
ftr-358	368	19	applying	apply	VERB
ftr-358	368	20	judicial	judicial	ADJ
ftr-358	368	21	doctrines	doctrine	NOUN
ftr-358	368	22	to	to	PART
ftr-358	368	23	interpret	interpret	VERB
ftr-358	368	24	the	the	DET
ftr-358	368	25	internal	internal	ADJ
ftr-358	368	26	revenue	revenue	NOUN
ftr-358	368	27	code	code	NOUN
ftr-358	368	28	,	,	PUNCT
ftr-358	368	29	54	54	NUM
ftr-358	368	30	smu	smu	PROPN
ftr-358	368	31	l.	l.	PROPN
ftr-358	368	32	rev	rev	PROPN
ftr-358	368	33	.	.	PROPN
ftr-358	368	34	195	195	NUM
ftr-358	368	35	,	,	PUNCT
ftr-358	368	36	195	195	NUM
ftr-358	368	37	(	(	PUNCT
ftr-358	368	38	2001	2001	NUM
ftr-358	368	39	)	)	PUNCT
ftr-358	368	40	(	(	PUNCT
ftr-358	368	41	“	"	PUNCT
ftr-358	368	42	‘	'	PUNCT
ftr-358	368	43	substance	substance	NOUN
ftr-358	368	44	controls	control	VERB
ftr-358	368	45	over	over	ADP
ftr-358	368	46	form	form	NOUN
ftr-358	368	47	,	,	PUNCT
ftr-358	368	48	except	except	SCONJ
ftr-358	368	49	,	,	PUNCT
ftr-358	368	50	of	of	ADP
ftr-358	368	51	course	course	NOUN
ftr-358	368	52	,	,	PUNCT
ftr-358	368	53	in	in	ADP
ftr-358	368	54	those	those	DET
ftr-358	368	55	cases	case	NOUN
ftr-358	368	56	in	in	ADP
ftr-358	368	57	which	which	PRON
ftr-358	368	58	form	form	NOUN
ftr-358	368	59	controls	control	VERB
ftr-358	368	60	.	.	PUNCT
ftr-358	368	61	’	'	PUNCT
ftr-358	369	1	this	this	PRON
ftr-358	369	2	[	[	X
ftr-358	369	3	is	be	AUX
ftr-358	369	4	the	the	DET
ftr-358	369	5	]	]	PUNCT
ftr-358	369	6	immutable	immutable	ADJ
ftr-358	369	7	law	law	NOUN
ftr-358	369	8	of	of	ADP
ftr-358	369	9	federal	federal	ADJ
ftr-358	369	10	taxation	taxation	NOUN
ftr-358	369	11	…	…	PUNCT
ftr-358	369	12	.	.	PUNCT
ftr-358	369	13	”	"	PUNCT
ftr-358	369	14	)	)	PUNCT
ftr-358	369	15	.	.	PUNCT
ftr-358	370	1	2010	2010	NUM
ftr-358	370	2	]	]	PUNCT
ftr-358	370	3	the	the	DET
ftr-358	370	4	myth	myth	NOUN
ftr-358	370	5	of	of	ADP
ftr-358	370	6	realization	realization	NOUN
ftr-358	370	7	:	:	PUNCT
ftr-358	370	8	mark	mark	NOUN
ftr-358	370	9	-	-	PUNCT
ftr-358	370	10	to	to	ADP
ftr-358	370	11	-	-	PUNCT
ftr-358	370	12	market	market	NOUN
ftr-358	370	13	taxation	taxation	NOUN
ftr-358	370	14	393	393	NUM
ftr-358	370	15	the	the	DET
ftr-358	370	16	problems	problem	NOUN
ftr-358	370	17	with	with	ADP
ftr-358	370	18	statutory	statutory	ADJ
ftr-358	370	19	provisions	provision	NOUN
ftr-358	370	20	relying	rely	VERB
ftr-358	370	21	on	on	ADP
ftr-358	370	22	terms	term	NOUN
ftr-358	370	23	as	as	ADV
ftr-358	370	24	imprecise	imprecise	ADV
ftr-358	370	25	as	as	ADP
ftr-358	370	26	“	"	PUNCT
ftr-358	370	27	offsetting	offset	VERB
ftr-358	370	28	positions	position	NOUN
ftr-358	370	29	”	"	PUNCT
ftr-358	370	30	or	or	CCONJ
ftr-358	370	31	relying	rely	VERB
ftr-358	370	32	on	on	ADP
ftr-358	370	33	vague	vague	ADJ
ftr-358	370	34	common	common	ADJ
ftr-358	370	35	law	law	NOUN
ftr-358	370	36	principles	principle	NOUN
ftr-358	370	37	are	be	AUX
ftr-358	370	38	greatly	greatly	ADV
ftr-358	370	39	exacerbated	exacerbate	VERB
ftr-358	370	40	by	by	ADP
ftr-358	370	41	the	the	DET
ftr-358	370	42	practice	practice	NOUN
ftr-358	370	43	of	of	ADP
ftr-358	370	44	self	self	NOUN
ftr-358	370	45	assessment	assessment	NOUN
ftr-358	370	46	.	.	PUNCT
ftr-358	371	1	the	the	DET
ftr-358	371	2	irs	irs	PROPN
ftr-358	371	3	’s	’s	PART
ftr-358	371	4	auditing	auditing	NOUN
ftr-358	371	5	capacity	capacity	NOUN
ftr-358	371	6	is	be	AUX
ftr-358	371	7	limited	limit	VERB
ftr-358	371	8	.	.	PUNCT
ftr-358	372	1	the	the	DET
ftr-358	372	2	government	government	NOUN
ftr-358	372	3	relies	rely	VERB
ftr-358	372	4	,	,	PUNCT
ftr-358	372	5	therefore	therefore	ADV
ftr-358	372	6	,	,	PUNCT
ftr-358	372	7	on	on	ADP
ftr-358	372	8	the	the	DET
ftr-358	372	9	forthrightness	forthrightness	NOUN
ftr-358	372	10	of	of	ADP
ftr-358	372	11	the	the	DET
ftr-358	372	12	taxpaying	taxpaying	NOUN
ftr-358	372	13	public	public	NOUN
ftr-358	372	14	,	,	PUNCT
ftr-358	372	15	on	on	ADP
ftr-358	372	16	selective	selective	ADJ
ftr-358	372	17	audits	audits	NOUN
ftr-358	372	18	,	,	PUNCT
ftr-358	372	19	and	and	CCONJ
ftr-358	372	20	on	on	ADP
ftr-358	372	21	the	the	DET
ftr-358	372	22	threat	threat	NOUN
ftr-358	372	23	of	of	ADP
ftr-358	372	24	criminal	criminal	ADJ
ftr-358	372	25	and	and	CCONJ
ftr-358	372	26	civil	civil	ADJ
ftr-358	372	27	penalties	penalty	NOUN
ftr-358	372	28	imposed	impose	VERB
ftr-358	372	29	on	on	ADP
ftr-358	372	30	taxpayers	taxpayer	NOUN
ftr-358	372	31	discovered	discover	VERB
ftr-358	372	32	to	to	PART
ftr-358	372	33	have	have	AUX
ftr-358	372	34	filed	file	VERB
ftr-358	372	35	fraudulent	fraudulent	ADJ
ftr-358	372	36	returns	return	NOUN
ftr-358	372	37	.	.	PUNCT
ftr-358	373	1	it	it	PRON
ftr-358	373	2	follows	follow	VERB
ftr-358	373	3	that	that	SCONJ
ftr-358	373	4	the	the	DET
ftr-358	373	5	more	more	ADV
ftr-358	373	6	vague	vague	ADJ
ftr-358	373	7	and	and	CCONJ
ftr-358	373	8	imprecise	imprecise	ADV
ftr-358	373	9	the	the	DET
ftr-358	373	10	rules	rule	NOUN
ftr-358	373	11	by	by	ADP
ftr-358	373	12	which	which	PRON
ftr-358	373	13	tax	tax	NOUN
ftr-358	373	14	liability	liability	NOUN
ftr-358	373	15	is	be	AUX
ftr-358	373	16	determined	determine	VERB
ftr-358	373	17	,	,	PUNCT
ftr-358	373	18	the	the	DET
ftr-358	373	19	more	more	ADV
ftr-358	373	20	likely	likely	ADJ
ftr-358	373	21	there	there	PRON
ftr-358	373	22	will	will	AUX
ftr-358	373	23	be	be	AUX
ftr-358	373	24	a	a	DET
ftr-358	373	25	discrepancy	discrepancy	NOUN
ftr-358	373	26	between	between	ADP
ftr-358	373	27	the	the	DET
ftr-358	373	28	tax	tax	NOUN
ftr-358	373	29	liability	liability	NOUN
ftr-358	373	30	according	accord	VERB
ftr-358	373	31	to	to	ADP
ftr-358	373	32	the	the	DET
ftr-358	373	33	taxpayer	taxpayer	NOUN
ftr-358	373	34	-	-	PUNCT
ftr-358	373	35	prepared	prepare	VERB
ftr-358	373	36	return	return	NOUN
ftr-358	373	37	and	and	CCONJ
ftr-358	373	38	the	the	DET
ftr-358	373	39	tax	tax	NOUN
ftr-358	373	40	liability	liability	NOUN
ftr-358	373	41	as	as	SCONJ
ftr-358	373	42	it	it	PRON
ftr-358	373	43	would	would	AUX
ftr-358	373	44	have	have	AUX
ftr-358	373	45	been	be	AUX
ftr-358	373	46	ascertained	ascertain	VERB
ftr-358	373	47	by	by	ADP
ftr-358	373	48	the	the	DET
ftr-358	373	49	irs	irs	PROPN
ftr-358	373	50	after	after	ADP
ftr-358	373	51	a	a	DET
ftr-358	373	52	thorough	thorough	ADJ
ftr-358	373	53	audit	audit	NOUN
ftr-358	373	54	.	.	PUNCT
ftr-358	374	1	when	when	SCONJ
ftr-358	374	2	rules	rule	NOUN
ftr-358	374	3	are	be	AUX
ftr-358	374	4	open	open	ADJ
ftr-358	374	5	to	to	ADP
ftr-358	374	6	interpretation	interpretation	NOUN
ftr-358	374	7	,	,	PUNCT
ftr-358	374	8	taxpayers	taxpayer	NOUN
ftr-358	374	9	will	will	AUX
ftr-358	374	10	naturally	naturally	ADV
ftr-358	374	11	tend	tend	VERB
ftr-358	374	12	to	to	PART
ftr-358	374	13	interpret	interpret	VERB
ftr-358	374	14	them	they	PRON
ftr-358	374	15	so	so	SCONJ
ftr-358	374	16	as	as	SCONJ
ftr-358	374	17	to	to	PART
ftr-358	374	18	reduce	reduce	VERB
ftr-358	374	19	their	their	PRON
ftr-358	374	20	tax	tax	NOUN
ftr-358	374	21	liability	liability	NOUN
ftr-358	374	22	.	.	PUNCT
ftr-358	375	1	when	when	SCONJ
ftr-358	375	2	the	the	DET
ftr-358	375	3	rules	rule	NOUN
ftr-358	375	4	of	of	ADP
ftr-358	375	5	the	the	DET
ftr-358	375	6	game	game	NOUN
ftr-358	375	7	include	include	VERB
ftr-358	375	8	such	such	ADJ
ftr-358	375	9	terms	term	NOUN
ftr-358	375	10	as	as	ADP
ftr-358	375	11	“	"	PUNCT
ftr-358	375	12	substantial	substantial	ADJ
ftr-358	375	13	diminution	diminution	NOUN
ftr-358	375	14	of	of	ADP
ftr-358	375	15	the	the	DET
ftr-358	375	16	taxpayer	taxpayer	NOUN
ftr-358	375	17	’s	’s	PART
ftr-358	375	18	risk	risk	NOUN
ftr-358	375	19	of	of	ADP
ftr-358	375	20	loss,”31	loss,”31	NOUN
ftr-358	375	21	it	it	PRON
ftr-358	375	22	is	be	AUX
ftr-358	375	23	difficult	difficult	ADJ
ftr-358	375	24	,	,	PUNCT
ftr-358	375	25	except	except	SCONJ
ftr-358	375	26	in	in	ADP
ftr-358	375	27	the	the	DET
ftr-358	375	28	more	more	ADV
ftr-358	375	29	obvious	obvious	ADJ
ftr-358	375	30	cases	case	NOUN
ftr-358	375	31	,	,	PUNCT
ftr-358	375	32	to	to	PART
ftr-358	375	33	prosecute	prosecute	VERB
ftr-358	375	34	taxpayers	taxpayer	NOUN
ftr-358	375	35	for	for	ADP
ftr-358	375	36	fraud	fraud	NOUN
ftr-358	375	37	even	even	ADV
ftr-358	375	38	though	though	SCONJ
ftr-358	375	39	the	the	DET
ftr-358	375	40	irs	irs	PROPN
ftr-358	375	41	or	or	CCONJ
ftr-358	375	42	a	a	DET
ftr-358	375	43	court	court	NOUN
ftr-358	375	44	might	might	AUX
ftr-358	375	45	disagree	disagree	VERB
ftr-358	375	46	with	with	ADP
ftr-358	375	47	their	their	PRON
ftr-358	375	48	self	self	NOUN
ftr-358	375	49	-	-	PUNCT
ftr-358	375	50	assessment	assessment	NOUN
ftr-358	375	51	.	.	PUNCT
ftr-358	376	1	admittedly	admittedly	ADV
ftr-358	376	2	,	,	PUNCT
ftr-358	376	3	statutory	statutory	ADJ
ftr-358	376	4	provisions	provision	NOUN
ftr-358	376	5	can	can	AUX
ftr-358	376	6	not	not	PART
ftr-358	376	7	describe	describe	VERB
ftr-358	376	8	in	in	ADP
ftr-358	376	9	precise	precise	ADJ
ftr-358	376	10	terms	term	NOUN
ftr-358	376	11	the	the	DET
ftr-358	376	12	tax	tax	NOUN
ftr-358	376	13	consequences	consequence	NOUN
ftr-358	376	14	of	of	ADP
ftr-358	376	15	every	every	DET
ftr-358	376	16	possible	possible	ADJ
ftr-358	376	17	situation	situation	NOUN
ftr-358	376	18	that	that	PRON
ftr-358	376	19	can	can	AUX
ftr-358	376	20	occur	occur	VERB
ftr-358	376	21	.	.	PUNCT
ftr-358	377	1	in	in	ADP
ftr-358	377	2	many	many	ADJ
ftr-358	377	3	cases	case	NOUN
ftr-358	377	4	relying	rely	VERB
ftr-358	377	5	on	on	ADP
ftr-358	377	6	vague	vague	ADJ
ftr-358	377	7	and	and	CCONJ
ftr-358	377	8	imprecise	imprecise	ADJ
ftr-358	377	9	terms	term	NOUN
ftr-358	377	10	or	or	CCONJ
ftr-358	377	11	doctrines	doctrine	NOUN
ftr-358	377	12	is	be	AUX
ftr-358	377	13	unavoidable	unavoidable	ADJ
ftr-358	377	14	.	.	PUNCT
ftr-358	378	1	nonetheless	nonetheless	ADV
ftr-358	378	2	,	,	PUNCT
ftr-358	378	3	such	such	ADJ
ftr-358	378	4	terms	term	NOUN
ftr-358	378	5	and	and	CCONJ
ftr-358	378	6	principles	principle	NOUN
ftr-358	378	7	should	should	AUX
ftr-358	378	8	constitute	constitute	VERB
ftr-358	378	9	the	the	DET
ftr-358	378	10	last	last	ADJ
ftr-358	378	11	line	line	NOUN
ftr-358	378	12	of	of	ADP
ftr-358	378	13	defense	defense	NOUN
ftr-358	378	14	.	.	PUNCT
ftr-358	379	1	relying	rely	VERB
ftr-358	379	2	on	on	ADP
ftr-358	379	3	them	they	PRON
ftr-358	379	4	as	as	ADP
ftr-358	379	5	the	the	DET
ftr-358	379	6	primary	primary	ADJ
ftr-358	379	7	means	mean	NOUN
ftr-358	379	8	by	by	ADP
ftr-358	379	9	which	which	PRON
ftr-358	379	10	to	to	PART
ftr-358	379	11	combat	combat	VERB
ftr-358	379	12	capital	capital	NOUN
ftr-358	379	13	market	market	NOUN
ftr-358	379	14	tax	tax	NOUN
ftr-358	379	15	-	-	PUNCT
ftr-358	379	16	planning	planning	NOUN
ftr-358	379	17	strategies	strategy	NOUN
ftr-358	379	18	is	be	AUX
ftr-358	379	19	likely	likely	ADJ
ftr-358	379	20	to	to	PART
ftr-358	379	21	prove	prove	VERB
ftr-358	379	22	ineffective	ineffective	ADJ
ftr-358	379	23	.	.	PUNCT
ftr-358	380	1	the	the	DET
ftr-358	380	2	third	third	ADJ
ftr-358	380	3	,	,	PUNCT
ftr-358	380	4	and	and	CCONJ
ftr-358	380	5	most	most	ADV
ftr-358	380	6	effective	effective	ADJ
ftr-358	380	7	,	,	PUNCT
ftr-358	380	8	method	method	NOUN
ftr-358	380	9	of	of	ADP
ftr-358	380	10	confronting	confront	VERB
ftr-358	380	11	these	these	DET
ftr-358	380	12	strategies	strategy	NOUN
ftr-358	380	13	is	be	AUX
ftr-358	380	14	to	to	PART
ftr-358	380	15	abandon	abandon	VERB
ftr-358	380	16	the	the	DET
ftr-358	380	17	realization	realization	NOUN
ftr-358	380	18	doctrine	doctrine	NOUN
ftr-358	380	19	and	and	CCONJ
ftr-358	380	20	tax	tax	NOUN
ftr-358	380	21	gains	gain	NOUN
ftr-358	380	22	on	on	ADP
ftr-358	380	23	publicly	publicly	ADV
ftr-358	380	24	-	-	PUNCT
ftr-358	380	25	traded	trade	VERB
ftr-358	380	26	securities	security	NOUN
ftr-358	380	27	as	as	SCONJ
ftr-358	380	28	they	they	PRON
ftr-358	380	29	accrue	accrue	VERB
ftr-358	380	30	.	.	PUNCT
ftr-358	381	1	this	this	DET
ftr-358	381	2	solution	solution	NOUN
ftr-358	381	3	is	be	AUX
ftr-358	381	4	the	the	DET
ftr-358	381	5	simplest	simple	ADJ
ftr-358	381	6	,	,	PUNCT
ftr-358	381	7	both	both	PRON
ftr-358	381	8	conceptually	conceptually	ADV
ftr-358	381	9	and	and	CCONJ
ftr-358	381	10	practically.32	practically.32	ADJ
ftr-358	381	11	most	most	ADV
ftr-358	381	12	importantly	importantly	ADV
ftr-358	381	13	,	,	PUNCT
ftr-358	381	14	it	it	PRON
ftr-358	381	15	focuses	focus	VERB
ftr-358	381	16	on	on	ADP
ftr-358	381	17	the	the	DET
ftr-358	381	18	underlying	underlying	ADJ
ftr-358	381	19	problem	problem	NOUN
ftr-358	381	20	instead	instead	ADV
ftr-358	381	21	of	of	ADP
ftr-358	381	22	the	the	DET
ftr-358	381	23	symptoms	symptom	NOUN
ftr-358	381	24	.	.	PUNCT
ftr-358	382	1	it	it	PRON
ftr-358	382	2	is	be	AUX
ftr-358	382	3	the	the	DET
ftr-358	382	4	realization	realization	NOUN
ftr-358	382	5	doctrine	doctrine	NOUN
ftr-358	382	6	which	which	PRON
ftr-358	382	7	,	,	PUNCT
ftr-358	382	8	when	when	SCONJ
ftr-358	382	9	applied	apply	VERB
ftr-358	382	10	to	to	ADP
ftr-358	382	11	the	the	DET
ftr-358	382	12	capital	capital	NOUN
ftr-358	382	13	markets	market	NOUN
ftr-358	382	14	,	,	PUNCT
ftr-358	382	15	invites	invite	VERB
ftr-358	382	16	the	the	DET
ftr-358	382	17	taxpaying	taxpaying	ADJ
ftr-358	382	18	public	public	NOUN
ftr-358	382	19	to	to	PART
ftr-358	382	20	manipulate	manipulate	VERB
ftr-358	382	21	the	the	DET
ftr-358	382	22	artificial	artificial	ADJ
ftr-358	382	23	distinction	distinction	NOUN
ftr-358	382	24	between	between	ADP
ftr-358	382	25	realized	realize	VERB
ftr-358	382	26	gain	gain	NOUN
ftr-358	382	27	and	and	CCONJ
ftr-358	382	28	unrealized	unrealized	ADJ
ftr-358	382	29	gain	gain	NOUN
ftr-358	382	30	.	.	PUNCT
ftr-358	383	1	do	do	VERB
ftr-358	383	2	away	away	ADV
ftr-358	383	3	with	with	ADP
ftr-358	383	4	the	the	DET
ftr-358	383	5	doctrine	doctrine	NOUN
ftr-358	383	6	and	and	CCONJ
ftr-358	383	7	the	the	DET
ftr-358	383	8	problem	problem	NOUN
ftr-358	383	9	solves	solve	VERB
ftr-358	383	10	itself.33	itself.33	PROPN
ftr-358	383	11	31	31	NUM
ftr-358	383	12	.	.	PUNCT
ftr-358	384	1	irc	irc	PROPN
ftr-358	384	2	§	§	PROPN
ftr-358	384	3	1092(c)(2)(a	1092(c)(2)(a	NUM
ftr-358	384	4	)	)	PUNCT
ftr-358	384	5	.	.	PUNCT
ftr-358	385	1	32	32	NUM
ftr-358	385	2	.	.	PUNCT
ftr-358	386	1	this	this	PRON
ftr-358	386	2	is	be	AUX
ftr-358	386	3	not	not	PART
ftr-358	386	4	to	to	PART
ftr-358	386	5	say	say	VERB
ftr-358	386	6	that	that	SCONJ
ftr-358	386	7	the	the	DET
ftr-358	386	8	goal	goal	NOUN
ftr-358	386	9	of	of	ADP
ftr-358	386	10	simplifying	simplify	VERB
ftr-358	386	11	the	the	DET
ftr-358	386	12	tax	tax	NOUN
ftr-358	386	13	system	system	NOUN
ftr-358	386	14	will	will	AUX
ftr-358	386	15	necessarily	necessarily	ADV
ftr-358	386	16	overcome	overcome	VERB
ftr-358	386	17	all	all	DET
ftr-358	386	18	other	other	ADJ
ftr-358	386	19	considerations	consideration	NOUN
ftr-358	386	20	.	.	PUNCT
ftr-358	387	1	nevertheless	nevertheless	ADV
ftr-358	387	2	,	,	PUNCT
ftr-358	387	3	when	when	SCONJ
ftr-358	387	4	the	the	DET
ftr-358	387	5	complexity	complexity	NOUN
ftr-358	387	6	arises	arise	VERB
ftr-358	387	7	due	due	ADJ
ftr-358	387	8	to	to	ADP
ftr-358	387	9	a	a	DET
ftr-358	387	10	doctrine	doctrine	NOUN
ftr-358	387	11	that	that	SCONJ
ftr-358	387	12	,	,	PUNCT
ftr-358	387	13	in	in	ADP
ftr-358	387	14	the	the	DET
ftr-358	387	15	circumstances	circumstance	NOUN
ftr-358	387	16	considered	consider	VERB
ftr-358	387	17	,	,	PUNCT
ftr-358	387	18	is	be	AUX
ftr-358	387	19	unnecessary	unnecessary	ADJ
ftr-358	387	20	,	,	PUNCT
ftr-358	387	21	the	the	DET
ftr-358	387	22	goal	goal	NOUN
ftr-358	387	23	of	of	ADP
ftr-358	387	24	simplification	simplification	NOUN
ftr-358	387	25	is	be	AUX
ftr-358	387	26	another	another	DET
ftr-358	387	27	reason	reason	NOUN
ftr-358	387	28	to	to	PART
ftr-358	387	29	jettison	jettison	VERB
ftr-358	387	30	the	the	DET
ftr-358	387	31	doctrine	doctrine	NOUN
ftr-358	387	32	.	.	PUNCT
ftr-358	388	1	for	for	ADP
ftr-358	388	2	a	a	DET
ftr-358	388	3	comprehensive	comprehensive	ADJ
ftr-358	388	4	discussion	discussion	NOUN
ftr-358	388	5	of	of	ADP
ftr-358	388	6	the	the	DET
ftr-358	388	7	place	place	NOUN
ftr-358	388	8	of	of	ADP
ftr-358	388	9	simplification	simplification	NOUN
ftr-358	388	10	among	among	ADP
ftr-358	388	11	the	the	DET
ftr-358	388	12	various	various	ADJ
ftr-358	388	13	factors	factor	NOUN
ftr-358	388	14	that	that	PRON
ftr-358	388	15	a	a	DET
ftr-358	388	16	legislator	legislator	NOUN
ftr-358	388	17	needs	need	VERB
ftr-358	388	18	to	to	PART
ftr-358	388	19	consider	consider	VERB
ftr-358	388	20	when	when	SCONJ
ftr-358	388	21	designing	design	VERB
ftr-358	388	22	the	the	DET
ftr-358	388	23	tax	tax	NOUN
ftr-358	388	24	structure	structure	NOUN
ftr-358	388	25	,	,	PUNCT
ftr-358	388	26	see	see	VERB
ftr-358	388	27	edward	edward	PROPN
ftr-358	388	28	j.	j.	PROPN
ftr-358	388	29	mccaffery	mccaffery	PROPN
ftr-358	388	30	,	,	PUNCT
ftr-358	388	31	the	the	DET
ftr-358	388	32	holy	holy	ADJ
ftr-358	388	33	grail	grail	NOUN
ftr-358	388	34	of	of	ADP
ftr-358	388	35	tax	tax	NOUN
ftr-358	388	36	simplification	simplification	NOUN
ftr-358	388	37	,	,	PUNCT
ftr-358	388	38	1990	1990	NUM
ftr-358	388	39	wis	wis	NOUN
ftr-358	388	40	.	.	PUNCT
ftr-358	389	1	l.	l.	PROPN
ftr-358	389	2	rev	rev	PROPN
ftr-358	389	3	.	.	PROPN
ftr-358	389	4	1267	1267	NUM
ftr-358	389	5	(	(	PUNCT
ftr-358	389	6	1990	1990	NUM
ftr-358	389	7	)	)	PUNCT
ftr-358	389	8	;	;	PUNCT
ftr-358	389	9	daniel	daniel	PROPN
ftr-358	389	10	q.	q.	PROPN
ftr-358	389	11	posin	posin	PROPN
ftr-358	389	12	,	,	PUNCT
ftr-358	389	13	a	a	DET
ftr-358	389	14	case	case	NOUN
ftr-358	389	15	study	study	NOUN
ftr-358	389	16	in	in	ADP
ftr-358	389	17	income	income	NOUN
ftr-358	389	18	tax	tax	NOUN
ftr-358	389	19	complexity	complexity	NOUN
ftr-358	389	20	:	:	PUNCT
ftr-358	389	21	the	the	DET
ftr-358	389	22	type	type	NOUN
ftr-358	389	23	a	a	DET
ftr-358	389	24	reorganization	reorganization	NOUN
ftr-358	389	25	,	,	PUNCT
ftr-358	389	26	47	47	NUM
ftr-358	389	27	ohio	ohio	PROPN
ftr-358	389	28	st	st	PROPN
ftr-358	389	29	.	.	PROPN
ftr-358	389	30	l.j	l.j	PROPN
ftr-358	389	31	.	.	PROPN
ftr-358	389	32	627	627	NUM
ftr-358	389	33	,	,	PUNCT
ftr-358	389	34	628–629	628–629	NUM
ftr-358	389	35	(	(	PUNCT
ftr-358	389	36	1986	1986	NUM
ftr-358	389	37	)	)	PUNCT
ftr-358	389	38	(	(	PUNCT
ftr-358	389	39	“	"	PUNCT
ftr-358	389	40	[	[	X
ftr-358	389	41	v]irtually	v]irtually	ADV
ftr-358	389	42	nothing	nothing	PRON
ftr-358	389	43	can	can	AUX
ftr-358	389	44	be	be	AUX
ftr-358	389	45	done	do	VERB
ftr-358	389	46	about	about	ADP
ftr-358	389	47	the	the	DET
ftr-358	389	48	complexity	complexity	NOUN
ftr-358	389	49	of	of	ADP
ftr-358	389	50	the	the	DET
ftr-358	389	51	federal	federal	ADJ
ftr-358	389	52	income	income	NOUN
ftr-358	389	53	tax	tax	NOUN
ftr-358	389	54	system	system	NOUN
ftr-358	389	55	.	.	PUNCT
ftr-358	389	56	”	"	PUNCT
ftr-358	389	57	)	)	PUNCT
ftr-358	389	58	.	.	PUNCT
ftr-358	390	1	33	33	NUM
ftr-358	390	2	.	.	PUNCT
ftr-358	391	1	weisbach	weisbach	NOUN
ftr-358	391	2	,	,	PUNCT
ftr-358	391	3	supra	supra	ADJ
ftr-358	391	4	note	note	NOUN
ftr-358	391	5	4	4	NUM
ftr-358	391	6	,	,	PUNCT
ftr-358	391	7	at	at	ADP
ftr-358	391	8	122	122	NUM
ftr-358	391	9	(	(	PUNCT
ftr-358	391	10	“	"	PUNCT
ftr-358	391	11	much	much	ADJ
ftr-358	391	12	of	of	ADP
ftr-358	391	13	the	the	DET
ftr-358	391	14	complexity	complexity	NOUN
ftr-358	391	15	of	of	ADP
ftr-358	391	16	current	current	ADJ
ftr-358	391	17	law	law	NOUN
ftr-358	391	18	stems	stem	VERB
ftr-358	391	19	from	from	ADP
ftr-358	391	20	the	the	DET
ftr-358	391	21	realization	realization	NOUN
ftr-358	391	22	requirement	requirement	NOUN
ftr-358	391	23	.	.	PUNCT
ftr-358	392	1	pure	pure	ADJ
ftr-358	392	2	mark	mark	VERB
ftr-358	392	3	-	-	PUNCT
ftr-358	392	4	to	to	ADP
ftr-358	392	5	-	-	PUNCT
ftr-358	392	6	market	market	NOUN
ftr-358	392	7	taxation	taxation	NOUN
ftr-358	392	8	potentially	potentially	ADV
ftr-358	392	9	offers	offer	VERB
ftr-358	392	10	dramatic	dramatic	ADJ
ftr-358	392	11	simplification	simplification	NOUN
ftr-358	392	12	because	because	SCONJ
ftr-358	392	13	all	all	PRON
ftr-358	392	14	of	of	ADP
ftr-358	392	15	the	the	DET
ftr-358	392	16	realization	realization	NOUN
ftr-358	392	17	rules	rule	NOUN
ftr-358	392	18	could	could	AUX
ftr-358	392	19	be	be	AUX
ftr-358	392	20	repealed	repeal	VERB
ftr-358	392	21	.	.	PUNCT
ftr-358	392	22	”	"	PUNCT
ftr-358	392	23	)	)	PUNCT
ftr-358	392	24	;	;	PUNCT
ftr-358	392	25	see	see	VERB
ftr-358	392	26	also	also	ADV
ftr-358	392	27	andrews	andrews	PROPN
ftr-358	392	28	,	,	PUNCT
ftr-358	392	29	supra	supra	PROPN
ftr-358	392	30	note	note	PROPN
ftr-358	392	31	5	5	NUM
ftr-358	392	32	,	,	PUNCT
ftr-358	392	33	at	at	ADP
ftr-358	392	34	1131	1131	NUM
ftr-358	392	35	.	.	PUNCT
ftr-358	393	1	394	394	NUM
ftr-358	393	2	florida	florida	PROPN
ftr-358	393	3	tax	tax	NOUN
ftr-358	393	4	review	review	NOUN
ftr-358	393	5	[	[	X
ftr-358	393	6	vol	vol	NOUN
ftr-358	393	7	.	.	PUNCT
ftr-358	394	1	10:5	10:5	NUM
ftr-358	394	2	in	in	ADP
ftr-358	394	3	certain	certain	ADJ
ftr-358	394	4	limited	limited	ADJ
ftr-358	394	5	situations	situation	NOUN
ftr-358	394	6	congress	congress	PROPN
ftr-358	394	7	has	have	AUX
ftr-358	394	8	adopted	adopt	VERB
ftr-358	394	9	this	this	DET
ftr-358	394	10	approach	approach	NOUN
ftr-358	394	11	.	.	PUNCT
ftr-358	395	1	section	section	NOUN
ftr-358	395	2	475	475	NUM
ftr-358	395	3	of	of	ADP
ftr-358	395	4	the	the	DET
ftr-358	395	5	internal	internal	ADJ
ftr-358	395	6	revenue	revenue	NOUN
ftr-358	395	7	code	code	NOUN
ftr-358	395	8	describes	describe	VERB
ftr-358	395	9	circumstances	circumstance	NOUN
ftr-358	395	10	in	in	ADP
ftr-358	395	11	which	which	PRON
ftr-358	395	12	dealers	dealer	NOUN
ftr-358	395	13	in	in	ADP
ftr-358	395	14	securities	security	NOUN
ftr-358	395	15	report	report	NOUN
ftr-358	395	16	gains	gain	NOUN
ftr-358	395	17	and	and	CCONJ
ftr-358	395	18	losses	loss	NOUN
ftr-358	395	19	on	on	ADP
ftr-358	395	20	a	a	DET
ftr-358	395	21	mark	mark	NOUN
ftr-358	395	22	-	-	PUNCT
ftr-358	395	23	to	to	ADP
ftr-358	395	24	-	-	PUNCT
ftr-358	395	25	market	market	NOUN
ftr-358	395	26	basis	basis	NOUN
ftr-358	395	27	.	.	PUNCT
ftr-358	396	1	section	section	NOUN
ftr-358	396	2	1256	1256	NUM
ftr-358	396	3	requires	require	VERB
ftr-358	396	4	regulated	regulated	ADJ
ftr-358	396	5	futures	future	NOUN
ftr-358	396	6	contracts	contract	NOUN
ftr-358	396	7	,	,	PUNCT
ftr-358	396	8	foreign	foreign	ADJ
ftr-358	396	9	currency	currency	NOUN
ftr-358	396	10	contracts	contract	NOUN
ftr-358	396	11	,	,	PUNCT
ftr-358	396	12	nonequity	nonequity	NOUN
ftr-358	396	13	options	option	NOUN
ftr-358	396	14	,	,	PUNCT
ftr-358	396	15	dealer	dealer	NOUN
ftr-358	396	16	equity	equity	NOUN
ftr-358	396	17	options	option	NOUN
ftr-358	396	18	,	,	PUNCT
ftr-358	396	19	and	and	CCONJ
ftr-358	396	20	dealer	dealer	NOUN
ftr-358	396	21	security	security	NOUN
ftr-358	396	22	futures	future	NOUN
ftr-358	396	23	contracts	contract	NOUN
ftr-358	396	24	to	to	PART
ftr-358	396	25	be	be	AUX
ftr-358	396	26	marked	mark	VERB
ftr-358	396	27	to	to	PART
ftr-358	396	28	market.34	market.34	VERB
ftr-358	396	29	however	however	ADV
ftr-358	396	30	,	,	PUNCT
ftr-358	396	31	congress	congress	PROPN
ftr-358	396	32	has	have	AUX
ftr-358	396	33	thus	thus	ADV
ftr-358	396	34	far	far	ADV
ftr-358	396	35	refrained	refrain	VERB
ftr-358	396	36	from	from	ADP
ftr-358	396	37	adopting	adopt	VERB
ftr-358	396	38	a	a	DET
ftr-358	396	39	general	general	ADJ
ftr-358	396	40	principle	principle	NOUN
ftr-358	396	41	that	that	SCONJ
ftr-358	396	42	gains	gain	VERB
ftr-358	396	43	from	from	ADP
ftr-358	396	44	appreciation	appreciation	NOUN
ftr-358	396	45	(	(	PUNCT
ftr-358	396	46	and	and	CCONJ
ftr-358	396	47	losses	loss	NOUN
ftr-358	396	48	from	from	ADP
ftr-358	396	49	depreciation	depreciation	NOUN
ftr-358	396	50	)	)	PUNCT
ftr-358	396	51	of	of	ADP
ftr-358	396	52	publicly	publicly	ADV
ftr-358	396	53	traded	trade	VERB
ftr-358	396	54	securities	security	NOUN
ftr-358	396	55	be	be	AUX
ftr-358	396	56	recognized	recognize	VERB
ftr-358	396	57	for	for	ADP
ftr-358	396	58	tax	tax	NOUN
ftr-358	396	59	purposes	purpose	NOUN
ftr-358	396	60	as	as	SCONJ
ftr-358	396	61	they	they	PRON
ftr-358	396	62	accrue	accrue	VERB
ftr-358	396	63	.	.	PUNCT
ftr-358	397	1	2	2	X
ftr-358	397	2	.	.	X
ftr-358	397	3	wash	wash	VERB
ftr-358	397	4	sales	sale	NOUN
ftr-358	397	5	when	when	SCONJ
ftr-358	397	6	the	the	DET
ftr-358	397	7	value	value	NOUN
ftr-358	397	8	of	of	ADP
ftr-358	397	9	a	a	DET
ftr-358	397	10	security	security	NOUN
ftr-358	397	11	declines	decline	VERB
ftr-358	397	12	,	,	PUNCT
ftr-358	397	13	the	the	DET
ftr-358	397	14	investor	investor	NOUN
ftr-358	397	15	experiences	experience	VERB
ftr-358	397	16	an	an	DET
ftr-358	397	17	economic	economic	ADJ
ftr-358	397	18	loss	loss	NOUN
ftr-358	397	19	that	that	PRON
ftr-358	397	20	is	be	AUX
ftr-358	397	21	not	not	PART
ftr-358	397	22	recognized	recognize	VERB
ftr-358	397	23	for	for	ADP
ftr-358	397	24	tax	tax	NOUN
ftr-358	397	25	purposes	purpose	NOUN
ftr-358	397	26	prior	prior	ADV
ftr-358	397	27	to	to	ADP
ftr-358	397	28	sale	sale	NOUN
ftr-358	397	29	.	.	PUNCT
ftr-358	398	1	selling	sell	VERB
ftr-358	398	2	the	the	DET
ftr-358	398	3	security	security	NOUN
ftr-358	398	4	will	will	AUX
ftr-358	398	5	allow	allow	VERB
ftr-358	398	6	recognition	recognition	NOUN
ftr-358	398	7	of	of	ADP
ftr-358	398	8	the	the	DET
ftr-358	398	9	loss	loss	NOUN
ftr-358	398	10	.	.	PUNCT
ftr-358	399	1	however	however	ADV
ftr-358	399	2	,	,	PUNCT
ftr-358	399	3	the	the	DET
ftr-358	399	4	investor	investor	NOUN
ftr-358	399	5	may	may	AUX
ftr-358	399	6	believe	believe	VERB
ftr-358	399	7	that	that	SCONJ
ftr-358	399	8	the	the	DET
ftr-358	399	9	decline	decline	NOUN
ftr-358	399	10	is	be	AUX
ftr-358	399	11	temporary	temporary	ADJ
ftr-358	399	12	and	and	CCONJ
ftr-358	399	13	that	that	SCONJ
ftr-358	399	14	,	,	PUNCT
ftr-358	399	15	given	give	VERB
ftr-358	399	16	time	time	NOUN
ftr-358	399	17	,	,	PUNCT
ftr-358	399	18	the	the	DET
ftr-358	399	19	security	security	NOUN
ftr-358	399	20	will	will	AUX
ftr-358	399	21	recover	recover	VERB
ftr-358	399	22	.	.	PUNCT
ftr-358	400	1	investors	investor	NOUN
ftr-358	400	2	in	in	ADP
ftr-358	400	3	situations	situation	NOUN
ftr-358	400	4	such	such	ADJ
ftr-358	400	5	as	as	ADP
ftr-358	400	6	these	these	PRON
ftr-358	400	7	often	often	ADV
ftr-358	400	8	find	find	VERB
ftr-358	400	9	themselves	themselves	PRON
ftr-358	400	10	facing	face	VERB
ftr-358	400	11	a	a	DET
ftr-358	400	12	dilemma	dilemma	NOUN
ftr-358	400	13	:	:	PUNCT
ftr-358	400	14	recognizing	recognize	VERB
ftr-358	400	15	the	the	DET
ftr-358	400	16	loss	loss	NOUN
ftr-358	400	17	for	for	ADP
ftr-358	400	18	tax	tax	NOUN
ftr-358	400	19	purposes	purpose	NOUN
ftr-358	400	20	apparently	apparently	ADV
ftr-358	400	21	requires	require	VERB
ftr-358	400	22	waiving	waive	VERB
ftr-358	400	23	the	the	DET
ftr-358	400	24	opportunity	opportunity	NOUN
ftr-358	400	25	of	of	ADP
ftr-358	400	26	recouping	recoup	VERB
ftr-358	400	27	the	the	DET
ftr-358	400	28	loss	loss	NOUN
ftr-358	400	29	should	should	AUX
ftr-358	400	30	the	the	DET
ftr-358	400	31	value	value	NOUN
ftr-358	400	32	of	of	ADP
ftr-358	400	33	the	the	DET
ftr-358	400	34	investment	investment	NOUN
ftr-358	400	35	rise	rise	NOUN
ftr-358	400	36	.	.	PUNCT
ftr-358	401	1	in	in	ADP
ftr-358	401	2	order	order	NOUN
ftr-358	401	3	to	to	PART
ftr-358	401	4	benefit	benefit	VERB
ftr-358	401	5	both	both	PRON
ftr-358	401	6	from	from	ADP
ftr-358	401	7	an	an	DET
ftr-358	401	8	immediate	immediate	ADJ
ftr-358	401	9	recognition	recognition	NOUN
ftr-358	401	10	of	of	ADP
ftr-358	401	11	the	the	DET
ftr-358	401	12	loss	loss	NOUN
ftr-358	401	13	for	for	ADP
ftr-358	401	14	tax	tax	NOUN
ftr-358	401	15	purposes	purpose	NOUN
ftr-358	401	16	and	and	CCONJ
ftr-358	401	17	from	from	ADP
ftr-358	401	18	the	the	DET
ftr-358	401	19	potential	potential	ADJ
ftr-358	401	20	rise	rise	NOUN
ftr-358	401	21	in	in	ADP
ftr-358	401	22	value	value	NOUN
ftr-358	401	23	of	of	ADP
ftr-358	401	24	the	the	DET
ftr-358	401	25	security	security	NOUN
ftr-358	401	26	,	,	PUNCT
ftr-358	401	27	the	the	DET
ftr-358	401	28	investor	investor	NOUN
ftr-358	401	29	may	may	AUX
ftr-358	401	30	consider	consider	VERB
ftr-358	401	31	selling	sell	VERB
ftr-358	401	32	the	the	DET
ftr-358	401	33	security	security	NOUN
ftr-358	401	34	and	and	CCONJ
ftr-358	401	35	immediately	immediately	ADV
ftr-358	401	36	repurchasing	repurchase	VERB
ftr-358	401	37	it	it	PRON
ftr-358	401	38	:	:	PUNCT
ftr-358	401	39	the	the	DET
ftr-358	401	40	sale	sale	NOUN
ftr-358	401	41	realizes	realize	VERB
ftr-358	401	42	the	the	DET
ftr-358	401	43	loss	loss	NOUN
ftr-358	401	44	,	,	PUNCT
ftr-358	401	45	while	while	SCONJ
ftr-358	401	46	the	the	DET
ftr-358	401	47	repurchase	repurchase	NOUN
ftr-358	401	48	allows	allow	VERB
ftr-358	401	49	the	the	DET
ftr-358	401	50	investor	investor	NOUN
ftr-358	401	51	to	to	PART
ftr-358	401	52	benefit	benefit	VERB
ftr-358	401	53	from	from	ADP
ftr-358	401	54	the	the	DET
ftr-358	401	55	expected	expect	VERB
ftr-358	401	56	recovery.35	recovery.35	NOUN
ftr-358	401	57	congress	congress	PROPN
ftr-358	401	58	countered	counter	VERB
ftr-358	401	59	this	this	DET
ftr-358	401	60	potential	potential	ADJ
ftr-358	401	61	action	action	NOUN
ftr-358	401	62	by	by	ADP
ftr-358	401	63	prescribing	prescribe	VERB
ftr-358	401	64	that	that	SCONJ
ftr-358	401	65	a	a	DET
ftr-358	401	66	loss	loss	NOUN
ftr-358	401	67	on	on	ADP
ftr-358	401	68	the	the	DET
ftr-358	401	69	sale	sale	NOUN
ftr-358	401	70	of	of	ADP
ftr-358	401	71	a	a	DET
ftr-358	401	72	security	security	NOUN
ftr-358	401	73	will	will	AUX
ftr-358	401	74	not	not	PART
ftr-358	401	75	be	be	AUX
ftr-358	401	76	recognized	recognize	VERB
ftr-358	401	77	if	if	SCONJ
ftr-358	401	78	during	during	ADP
ftr-358	401	79	the	the	DET
ftr-358	401	80	61	61	NUM
ftr-358	401	81	day	day	NOUN
ftr-358	401	82	period	period	NOUN
ftr-358	401	83	commencing	commence	VERB
ftr-358	401	84	30	30	NUM
ftr-358	401	85	days	day	NOUN
ftr-358	401	86	before	before	ADP
ftr-358	401	87	the	the	DET
ftr-358	401	88	sale	sale	NOUN
ftr-358	401	89	and	and	CCONJ
ftr-358	401	90	ending	end	VERB
ftr-358	401	91	30	30	NUM
ftr-358	401	92	days	day	NOUN
ftr-358	401	93	after	after	ADP
ftr-358	401	94	the	the	DET
ftr-358	401	95	sale	sale	NOUN
ftr-358	401	96	the	the	DET
ftr-358	401	97	investor	investor	NOUN
ftr-358	401	98	purchased	purchase	VERB
ftr-358	401	99	the	the	DET
ftr-358	401	100	same	same	ADJ
ftr-358	401	101	or	or	CCONJ
ftr-358	401	102	fundamentally	fundamentally	ADV
ftr-358	401	103	the	the	DET
ftr-358	401	104	same	same	ADJ
ftr-358	401	105	security.36	security.36	NOUN
ftr-358	401	106	34	34	NUM
ftr-358	401	107	.	.	PUNCT
ftr-358	401	108	section	section	NOUN
ftr-358	401	109	1601	1601	NUM
ftr-358	401	110	of	of	ADP
ftr-358	401	111	the	the	DET
ftr-358	401	112	recently	recently	ADV
ftr-358	401	113	passed	pass	VERB
ftr-358	401	114	dodd	dodd	PROPN
ftr-358	401	115	–	–	PUNCT
ftr-358	401	116	frank	frank	PROPN
ftr-358	401	117	wall	wall	PROPN
ftr-358	401	118	street	street	PROPN
ftr-358	401	119	reform	reform	PROPN
ftr-358	401	120	and	and	CCONJ
ftr-358	401	121	consumer	consumer	NOUN
ftr-358	401	122	protection	protection	PROPN
ftr-358	401	123	act	act	PROPN
ftr-358	401	124	limits	limit	VERB
ftr-358	401	125	the	the	DET
ftr-358	401	126	scope	scope	NOUN
ftr-358	401	127	of	of	ADP
ftr-358	401	128	irc	irc	PROPN
ftr-358	401	129	§	§	PROPN
ftr-358	401	130	1256	1256	NUM
ftr-358	401	131	by	by	ADP
ftr-358	401	132	providing	provide	VERB
ftr-358	401	133	that	that	SCONJ
ftr-358	401	134	interest	interest	NOUN
ftr-358	401	135	rate	rate	NOUN
ftr-358	401	136	swaps	swap	NOUN
ftr-358	401	137	,	,	PUNCT
ftr-358	401	138	currency	currency	NOUN
ftr-358	401	139	swaps	swap	NOUN
ftr-358	401	140	,	,	PUNCT
ftr-358	401	141	basis	basis	NOUN
ftr-358	401	142	swaps	swap	NOUN
ftr-358	401	143	,	,	PUNCT
ftr-358	401	144	interest	interest	NOUN
ftr-358	401	145	rate	rate	NOUN
ftr-358	401	146	caps	cap	NOUN
ftr-358	401	147	,	,	PUNCT
ftr-358	401	148	interest	interest	NOUN
ftr-358	401	149	rate	rate	NOUN
ftr-358	401	150	floors	floor	NOUN
ftr-358	401	151	,	,	PUNCT
ftr-358	401	152	commodity	commodity	NOUN
ftr-358	401	153	swaps	swap	NOUN
ftr-358	401	154	,	,	PUNCT
ftr-358	401	155	equity	equity	NOUN
ftr-358	401	156	swaps	swap	NOUN
ftr-358	401	157	,	,	PUNCT
ftr-358	401	158	equity	equity	NOUN
ftr-358	401	159	index	index	NOUN
ftr-358	401	160	swaps	swap	NOUN
ftr-358	401	161	,	,	PUNCT
ftr-358	401	162	credit	credit	NOUN
ftr-358	401	163	default	default	NOUN
ftr-358	401	164	swaps	swap	NOUN
ftr-358	401	165	,	,	PUNCT
ftr-358	401	166	and	and	CCONJ
ftr-358	401	167	similar	similar	ADJ
ftr-358	401	168	agreements	agreement	NOUN
ftr-358	401	169	are	be	AUX
ftr-358	401	170	not	not	PART
ftr-358	401	171	to	to	PART
ftr-358	401	172	be	be	AUX
ftr-358	401	173	treated	treat	VERB
ftr-358	401	174	as	as	ADP
ftr-358	401	175	§	§	PROPN
ftr-358	401	176	1256	1256	NUM
ftr-358	401	177	contracts	contract	NOUN
ftr-358	401	178	.	.	PUNCT
ftr-358	402	1	furthermore	furthermore	ADV
ftr-358	402	2	,	,	PUNCT
ftr-358	402	3	securities	security	NOUN
ftr-358	402	4	futures	future	NOUN
ftr-358	402	5	contracts	contract	NOUN
ftr-358	402	6	or	or	CCONJ
ftr-358	402	7	options	option	NOUN
ftr-358	402	8	on	on	ADP
ftr-358	402	9	such	such	ADJ
ftr-358	402	10	contracts	contract	NOUN
ftr-358	402	11	are	be	AUX
ftr-358	402	12	no	no	ADV
ftr-358	402	13	longer	long	ADV
ftr-358	402	14	treated	treat	VERB
ftr-358	402	15	as	as	ADP
ftr-358	402	16	§	§	PROPN
ftr-358	402	17	1256	1256	NUM
ftr-358	402	18	contracts	contract	NOUN
ftr-358	402	19	unless	unless	SCONJ
ftr-358	402	20	such	such	ADJ
ftr-358	402	21	contract	contract	NOUN
ftr-358	402	22	is	be	AUX
ftr-358	402	23	a	a	DET
ftr-358	402	24	dealer	dealer	NOUN
ftr-358	402	25	securities	security	NOUN
ftr-358	402	26	futures	future	NOUN
ftr-358	402	27	contract	contract	NOUN
ftr-358	402	28	.	.	PUNCT
ftr-358	403	1	dodd	dodd	PROPN
ftr-358	403	2	–	–	PUNCT
ftr-358	403	3	frank	frank	PROPN
ftr-358	403	4	wall	wall	PROPN
ftr-358	403	5	street	street	PROPN
ftr-358	403	6	reform	reform	PROPN
ftr-358	403	7	and	and	CCONJ
ftr-358	403	8	consumer	consumer	NOUN
ftr-358	403	9	protection	protection	PROPN
ftr-358	403	10	act	act	PROPN
ftr-358	403	11	,	,	PUNCT
ftr-358	403	12	pub	pub	NOUN
ftr-358	403	13	.	.	PUNCT
ftr-358	404	1	l.	l.	PROPN
ftr-358	404	2	no	no	INTJ
ftr-358	404	3	.	.	PUNCT
ftr-358	405	1	111–203	111–203	NUM
ftr-358	405	2	,	,	PUNCT
ftr-358	405	3	124	124	NUM
ftr-358	405	4	stat	stat	NOUN
ftr-358	405	5	.	.	PUNCT
ftr-358	406	1	1376	1376	NUM
ftr-358	406	2	(	(	PUNCT
ftr-358	406	3	2010	2010	NUM
ftr-358	406	4	)	)	PUNCT
ftr-358	406	5	.	.	PUNCT
ftr-358	407	1	35	35	NUM
ftr-358	407	2	.	.	PUNCT
ftr-358	408	1	wash	wash	VERB
ftr-358	408	2	sales	sale	NOUN
ftr-358	408	3	and	and	CCONJ
ftr-358	408	4	straddles	straddle	NOUN
ftr-358	408	5	may	may	AUX
ftr-358	408	6	be	be	AUX
ftr-358	408	7	combined	combine	VERB
ftr-358	408	8	effectively	effectively	ADV
ftr-358	408	9	and	and	CCONJ
ftr-358	408	10	efficiently	efficiently	ADV
ftr-358	408	11	:	:	PUNCT
ftr-358	408	12	the	the	DET
ftr-358	408	13	investor	investor	NOUN
ftr-358	408	14	purchases	purchase	VERB
ftr-358	408	15	two	two	NUM
ftr-358	408	16	offsetting	offset	VERB
ftr-358	408	17	positions	position	NOUN
ftr-358	408	18	and	and	CCONJ
ftr-358	408	19	waits	wait	VERB
ftr-358	408	20	for	for	SCONJ
ftr-358	408	21	one	one	NUM
ftr-358	408	22	to	to	PART
ftr-358	408	23	rise	rise	VERB
ftr-358	408	24	and	and	CCONJ
ftr-358	408	25	the	the	DET
ftr-358	408	26	other	other	ADJ
ftr-358	408	27	to	to	PART
ftr-358	408	28	fall	fall	VERB
ftr-358	408	29	.	.	PUNCT
ftr-358	409	1	the	the	DET
ftr-358	409	2	losing	lose	VERB
ftr-358	409	3	position	position	NOUN
ftr-358	409	4	is	be	AUX
ftr-358	409	5	then	then	ADV
ftr-358	409	6	closed	closed	ADJ
ftr-358	409	7	and	and	CCONJ
ftr-358	409	8	a	a	DET
ftr-358	409	9	similar	similar	ADJ
ftr-358	409	10	position	position	NOUN
ftr-358	409	11	immediately	immediately	ADV
ftr-358	409	12	opened	open	VERB
ftr-358	409	13	.	.	PUNCT
ftr-358	410	1	the	the	DET
ftr-358	410	2	financial	financial	ADJ
ftr-358	410	3	risk	risk	NOUN
ftr-358	410	4	is	be	AUX
ftr-358	410	5	minimal	minimal	ADJ
ftr-358	410	6	,	,	PUNCT
ftr-358	410	7	but	but	CCONJ
ftr-358	410	8	for	for	ADP
ftr-358	410	9	tax	tax	NOUN
ftr-358	410	10	purposes	purpose	NOUN
ftr-358	410	11	the	the	DET
ftr-358	410	12	loss	loss	NOUN
ftr-358	410	13	is	be	AUX
ftr-358	410	14	realized	realize	VERB
ftr-358	410	15	while	while	SCONJ
ftr-358	410	16	the	the	DET
ftr-358	410	17	corresponding	corresponding	ADJ
ftr-358	410	18	gain	gain	NOUN
ftr-358	410	19	is	be	AUX
ftr-358	410	20	deferred	defer	VERB
ftr-358	410	21	.	.	PUNCT
ftr-358	411	1	see	see	VERB
ftr-358	411	2	,	,	PUNCT
ftr-358	411	3	e.g.	e.g.	ADV
ftr-358	411	4	,	,	PUNCT
ftr-358	411	5	louie	louie	PROPN
ftr-358	411	6	,	,	PUNCT
ftr-358	411	7	supra	supra	PROPN
ftr-358	411	8	note	note	AUX
ftr-358	411	9	4	4	NUM
ftr-358	411	10	,	,	PUNCT
ftr-358	411	11	at	at	ADP
ftr-358	411	12	859	859	NUM
ftr-358	411	13	.	.	PROPN
ftr-358	411	14	36	36	NUM
ftr-358	411	15	.	.	PUNCT
ftr-358	412	1	irc	irc	PROPN
ftr-358	412	2	§	§	PROPN
ftr-358	412	3	1091(a	1091(a	NUM
ftr-358	412	4	)	)	PUNCT
ftr-358	412	5	.	.	PUNCT
ftr-358	413	1	the	the	DET
ftr-358	413	2	section	section	NOUN
ftr-358	413	3	does	do	AUX
ftr-358	413	4	not	not	PART
ftr-358	413	5	attempt	attempt	VERB
ftr-358	413	6	to	to	PART
ftr-358	413	7	differentiate	differentiate	VERB
ftr-358	413	8	between	between	ADP
ftr-358	413	9	the	the	DET
ftr-358	413	10	investor	investor	NOUN
ftr-358	413	11	whose	whose	DET
ftr-358	413	12	sale	sale	NOUN
ftr-358	413	13	and	and	CCONJ
ftr-358	413	14	repurchase	repurchase	NOUN
ftr-358	413	15	are	be	AUX
ftr-358	413	16	tax	tax	NOUN
ftr-358	413	17	-	-	PUNCT
ftr-358	413	18	motivated	motivate	VERB
ftr-358	413	19	and	and	CCONJ
ftr-358	413	20	the	the	DET
ftr-358	413	21	innocent	innocent	ADJ
ftr-358	413	22	investor	investor	NOUN
ftr-358	413	23	2010	2010	NUM
ftr-358	413	24	]	]	PUNCT
ftr-358	413	25	the	the	DET
ftr-358	413	26	myth	myth	NOUN
ftr-358	413	27	of	of	ADP
ftr-358	413	28	realization	realization	NOUN
ftr-358	413	29	:	:	PUNCT
ftr-358	413	30	mark	mark	NOUN
ftr-358	413	31	-	-	PUNCT
ftr-358	413	32	to	to	ADP
ftr-358	413	33	-	-	PUNCT
ftr-358	413	34	market	market	NOUN
ftr-358	413	35	taxation	taxation	NOUN
ftr-358	413	36	395	395	NUM
ftr-358	413	37	why	why	SCONJ
ftr-358	413	38	did	do	AUX
ftr-358	413	39	congress	congress	PROPN
ftr-358	413	40	object	object	VERB
ftr-358	413	41	to	to	PART
ftr-358	413	42	wash	wash	VERB
ftr-358	413	43	sales	sale	NOUN
ftr-358	413	44	?	?	PUNCT
ftr-358	414	1	the	the	DET
ftr-358	414	2	question	question	NOUN
ftr-358	414	3	may	may	AUX
ftr-358	414	4	be	be	AUX
ftr-358	414	5	clarified	clarify	VERB
ftr-358	414	6	by	by	ADP
ftr-358	414	7	comparing	compare	VERB
ftr-358	414	8	the	the	DET
ftr-358	414	9	wash	wash	NOUN
ftr-358	414	10	sale	sale	NOUN
ftr-358	414	11	to	to	ADP
ftr-358	414	12	the	the	DET
ftr-358	414	13	two	two	NUM
ftr-358	414	14	strategies	strategy	NOUN
ftr-358	414	15	discussed	discuss	VERB
ftr-358	414	16	above	above	ADV
ftr-358	414	17	:	:	PUNCT
ftr-358	414	18	straddles	straddle	NOUN
ftr-358	414	19	and	and	CCONJ
ftr-358	414	20	constructive	constructive	ADJ
ftr-358	414	21	sales	sale	NOUN
ftr-358	414	22	.	.	PUNCT
ftr-358	415	1	in	in	ADP
ftr-358	415	2	each	each	PRON
ftr-358	415	3	of	of	ADP
ftr-358	415	4	these	these	DET
ftr-358	415	5	planning	planning	NOUN
ftr-358	415	6	techniques	technique	NOUN
ftr-358	415	7	,	,	PUNCT
ftr-358	415	8	the	the	DET
ftr-358	415	9	realization	realization	NOUN
ftr-358	415	10	doctrine	doctrine	NOUN
ftr-358	415	11	is	be	AUX
ftr-358	415	12	manipulated	manipulate	VERB
ftr-358	415	13	in	in	ADP
ftr-358	415	14	order	order	NOUN
ftr-358	415	15	to	to	PART
ftr-358	415	16	create	create	VERB
ftr-358	415	17	tax	tax	NOUN
ftr-358	415	18	losses	loss	NOUN
ftr-358	415	19	unaccompanied	unaccompanie	VERB
ftr-358	415	20	by	by	ADP
ftr-358	415	21	any	any	DET
ftr-358	415	22	real	real	ADJ
ftr-358	415	23	economic	economic	ADJ
ftr-358	415	24	loss	loss	NOUN
ftr-358	415	25	or	or	CCONJ
ftr-358	415	26	to	to	PART
ftr-358	415	27	realize	realize	VERB
ftr-358	415	28	gain	gain	VERB
ftr-358	415	29	economically	economically	ADV
ftr-358	415	30	without	without	ADP
ftr-358	415	31	paying	pay	VERB
ftr-358	415	32	tax	tax	NOUN
ftr-358	415	33	on	on	ADP
ftr-358	415	34	that	that	DET
ftr-358	415	35	gain	gain	NOUN
ftr-358	415	36	.	.	PUNCT
ftr-358	416	1	in	in	ADP
ftr-358	416	2	other	other	ADJ
ftr-358	416	3	words	word	NOUN
ftr-358	416	4	,	,	PUNCT
ftr-358	416	5	straddles	straddle	NOUN
ftr-358	416	6	and	and	CCONJ
ftr-358	416	7	constructive	constructive	ADJ
ftr-358	416	8	sales	sale	NOUN
ftr-358	416	9	are	be	AUX
ftr-358	416	10	exploited	exploit	VERB
ftr-358	416	11	with	with	ADP
ftr-358	416	12	the	the	DET
ftr-358	416	13	intention	intention	NOUN
ftr-358	416	14	of	of	ADP
ftr-358	416	15	bringing	bring	VERB
ftr-358	416	16	about	about	ADP
ftr-358	416	17	disparities	disparity	NOUN
ftr-358	416	18	between	between	ADP
ftr-358	416	19	actual	actual	ADJ
ftr-358	416	20	accession	accession	NOUN
ftr-358	416	21	to	to	ADP
ftr-358	416	22	wealth	wealth	NOUN
ftr-358	416	23	,	,	PUNCT
ftr-358	416	24	on	on	ADP
ftr-358	416	25	the	the	DET
ftr-358	416	26	one	one	NUM
ftr-358	416	27	hand	hand	NOUN
ftr-358	416	28	,	,	PUNCT
ftr-358	416	29	and	and	CCONJ
ftr-358	416	30	taxable	taxable	ADJ
ftr-358	416	31	income	income	NOUN
ftr-358	416	32	,	,	PUNCT
ftr-358	416	33	on	on	ADP
ftr-358	416	34	the	the	DET
ftr-358	416	35	other	other	ADJ
ftr-358	416	36	.	.	PUNCT
ftr-358	417	1	the	the	DET
ftr-358	417	2	motivation	motivation	NOUN
ftr-358	417	3	to	to	PART
ftr-358	417	4	counter	counter	VERB
ftr-358	417	5	these	these	DET
ftr-358	417	6	strategies	strategy	NOUN
ftr-358	417	7	is	be	AUX
ftr-358	417	8	clear	clear	ADJ
ftr-358	417	9	.	.	PUNCT
ftr-358	418	1	ostensibly	ostensibly	ADV
ftr-358	418	2	,	,	PUNCT
ftr-358	418	3	wash	wash	VERB
ftr-358	418	4	sales	sale	NOUN
ftr-358	418	5	are	be	AUX
ftr-358	418	6	different	different	ADJ
ftr-358	418	7	.	.	PUNCT
ftr-358	419	1	when	when	SCONJ
ftr-358	419	2	the	the	DET
ftr-358	419	3	value	value	NOUN
ftr-358	419	4	of	of	ADP
ftr-358	419	5	the	the	DET
ftr-358	419	6	security	security	NOUN
ftr-358	419	7	declined	decline	VERB
ftr-358	419	8	,	,	PUNCT
ftr-358	419	9	the	the	DET
ftr-358	419	10	investor	investor	NOUN
ftr-358	419	11	suffered	suffer	VERB
ftr-358	419	12	an	an	DET
ftr-358	419	13	actual	actual	ADJ
ftr-358	419	14	economic	economic	ADJ
ftr-358	419	15	loss	loss	NOUN
ftr-358	419	16	.	.	PUNCT
ftr-358	420	1	the	the	DET
ftr-358	420	2	sale	sale	NOUN
ftr-358	420	3	and	and	CCONJ
ftr-358	420	4	repurchase	repurchase	NOUN
ftr-358	420	5	are	be	AUX
ftr-358	420	6	not	not	PART
ftr-358	420	7	an	an	DET
ftr-358	420	8	attempt	attempt	NOUN
ftr-358	420	9	to	to	PART
ftr-358	420	10	manipulate	manipulate	VERB
ftr-358	420	11	the	the	DET
ftr-358	420	12	realization	realization	NOUN
ftr-358	420	13	doctrine	doctrine	NOUN
ftr-358	420	14	by	by	ADP
ftr-358	420	15	creating	create	VERB
ftr-358	420	16	a	a	DET
ftr-358	420	17	non	non	ADJ
ftr-358	420	18	-	-	ADJ
ftr-358	420	19	existent	existent	ADJ
ftr-358	420	20	loss	loss	NOUN
ftr-358	420	21	;	;	PUNCT
ftr-358	420	22	rather	rather	ADV
ftr-358	420	23	,	,	PUNCT
ftr-358	420	24	the	the	DET
ftr-358	420	25	purpose	purpose	NOUN
ftr-358	420	26	of	of	ADP
ftr-358	420	27	the	the	DET
ftr-358	420	28	wash	wash	NOUN
ftr-358	420	29	sale	sale	NOUN
ftr-358	420	30	is	be	AUX
ftr-358	420	31	to	to	PART
ftr-358	420	32	create	create	VERB
ftr-358	420	33	a	a	DET
ftr-358	420	34	situation	situation	NOUN
ftr-358	420	35	in	in	ADP
ftr-358	420	36	which	which	PRON
ftr-358	420	37	taxable	taxable	ADJ
ftr-358	420	38	income	income	NOUN
ftr-358	420	39	reflects	reflect	VERB
ftr-358	420	40	true	true	ADJ
ftr-358	420	41	economic	economic	ADJ
ftr-358	420	42	gain	gain	NOUN
ftr-358	420	43	and	and	CCONJ
ftr-358	420	44	,	,	PUNCT
ftr-358	420	45	thus	thus	ADV
ftr-358	420	46	,	,	PUNCT
ftr-358	420	47	to	to	PART
ftr-358	420	48	overcomes	overcome	VERB
ftr-358	420	49	a	a	DET
ftr-358	420	50	distortion	distortion	NOUN
ftr-358	420	51	caused	cause	VERB
ftr-358	420	52	by	by	ADP
ftr-358	420	53	the	the	DET
ftr-358	420	54	realization	realization	NOUN
ftr-358	420	55	doctrine	doctrine	NOUN
ftr-358	420	56	.	.	PUNCT
ftr-358	421	1	note	note	NOUN
ftr-358	421	2	that	that	PRON
ftr-358	421	3	were	be	AUX
ftr-358	421	4	stock	stock	NOUN
ftr-358	421	5	market	market	NOUN
ftr-358	421	6	gains	gain	NOUN
ftr-358	421	7	taxed	tax	VERB
ftr-358	421	8	on	on	ADP
ftr-358	421	9	an	an	DET
ftr-358	421	10	accrual	accrual	ADJ
ftr-358	421	11	basis	basis	NOUN
ftr-358	421	12	—	—	PUNCT
ftr-358	421	13	as	as	SCONJ
ftr-358	421	14	this	this	DET
ftr-358	421	15	essay	essay	NOUN
ftr-358	421	16	argues	argue	VERB
ftr-358	421	17	they	they	PRON
ftr-358	421	18	should	should	AUX
ftr-358	421	19	be	be	AUX
ftr-358	421	20	—	—	PUNCT
ftr-358	421	21	the	the	DET
ftr-358	421	22	tax	tax	NOUN
ftr-358	421	23	system	system	NOUN
ftr-358	421	24	would	would	AUX
ftr-358	421	25	recognize	recognize	VERB
ftr-358	421	26	the	the	DET
ftr-358	421	27	loss	loss	NOUN
ftr-358	421	28	even	even	ADV
ftr-358	421	29	without	without	ADP
ftr-358	421	30	the	the	DET
ftr-358	421	31	wash	wash	NOUN
ftr-358	421	32	sale	sale	NOUN
ftr-358	421	33	.	.	PUNCT
ftr-358	422	1	what	what	PRON
ftr-358	422	2	is	be	AUX
ftr-358	422	3	wrong	wrong	ADJ
ftr-358	422	4	with	with	ADP
ftr-358	422	5	the	the	DET
ftr-358	422	6	taxpayer	taxpayer	NOUN
ftr-358	422	7	engaging	engage	VERB
ftr-358	422	8	in	in	ADP
ftr-358	422	9	a	a	DET
ftr-358	422	10	little	little	ADJ
ftr-358	422	11	self	self	NOUN
ftr-358	422	12	help	help	NOUN
ftr-358	422	13	to	to	PART
ftr-358	422	14	achieve	achieve	VERB
ftr-358	422	15	the	the	DET
ftr-358	422	16	same	same	ADJ
ftr-358	422	17	result	result	NOUN
ftr-358	422	18	?	?	PUNCT
ftr-358	423	1	the	the	DET
ftr-358	423	2	answer	answer	NOUN
ftr-358	423	3	would	would	AUX
ftr-358	423	4	appear	appear	VERB
ftr-358	423	5	to	to	PART
ftr-358	423	6	be	be	AUX
ftr-358	423	7	that	that	SCONJ
ftr-358	423	8	the	the	DET
ftr-358	423	9	realization	realization	NOUN
ftr-358	423	10	doctrine	doctrine	NOUN
ftr-358	423	11	,	,	PUNCT
ftr-358	423	12	an	an	DET
ftr-358	423	13	artificial	artificial	ADJ
ftr-358	423	14	creature	creature	NOUN
ftr-358	423	15	of	of	ADP
ftr-358	423	16	the	the	DET
ftr-358	423	17	tax	tax	NOUN
ftr-358	423	18	system	system	NOUN
ftr-358	423	19	,	,	PUNCT
ftr-358	423	20	inherently	inherently	ADV
ftr-358	423	21	creates	create	VERB
ftr-358	423	22	a	a	DET
ftr-358	423	23	disparity	disparity	NOUN
ftr-358	423	24	between	between	ADP
ftr-358	423	25	taxable	taxable	ADJ
ftr-358	423	26	income	income	NOUN
ftr-358	423	27	and	and	CCONJ
ftr-358	423	28	economic	economic	ADJ
ftr-358	423	29	gain	gain	NOUN
ftr-358	423	30	.	.	PUNCT
ftr-358	424	1	this	this	DET
ftr-358	424	2	disparity	disparity	NOUN
ftr-358	424	3	operates	operate	VERB
ftr-358	424	4	sometimes	sometimes	ADV
ftr-358	424	5	to	to	ADP
ftr-358	424	6	the	the	DET
ftr-358	424	7	advantage	advantage	NOUN
ftr-358	424	8	of	of	ADP
ftr-358	424	9	the	the	DET
ftr-358	424	10	taxpayer	taxpayer	NOUN
ftr-358	424	11	(	(	PUNCT
ftr-358	424	12	with	with	ADP
ftr-358	424	13	regard	regard	NOUN
ftr-358	424	14	to	to	ADP
ftr-358	424	15	gains	gain	NOUN
ftr-358	424	16	)	)	PUNCT
ftr-358	424	17	and	and	CCONJ
ftr-358	424	18	sometimes	sometimes	ADV
ftr-358	424	19	to	to	ADP
ftr-358	424	20	the	the	DET
ftr-358	424	21	advantage	advantage	NOUN
ftr-358	424	22	of	of	ADP
ftr-358	424	23	the	the	DET
ftr-358	424	24	government	government	NOUN
ftr-358	424	25	(	(	PUNCT
ftr-358	424	26	with	with	ADP
ftr-358	424	27	regard	regard	NOUN
ftr-358	424	28	to	to	ADP
ftr-358	424	29	losses	loss	NOUN
ftr-358	424	30	)	)	PUNCT
ftr-358	424	31	.	.	PUNCT
ftr-358	425	1	were	be	AUX
ftr-358	425	2	taxpayers	taxpayer	NOUN
ftr-358	425	3	to	to	PART
ftr-358	425	4	act	act	VERB
ftr-358	425	5	without	without	ADP
ftr-358	425	6	regard	regard	NOUN
ftr-358	425	7	to	to	ADP
ftr-358	425	8	the	the	DET
ftr-358	425	9	tax	tax	NOUN
ftr-358	425	10	consequences	consequence	NOUN
ftr-358	425	11	of	of	ADP
ftr-358	425	12	their	their	PRON
ftr-358	425	13	actions	action	NOUN
ftr-358	425	14	,	,	PUNCT
ftr-358	425	15	the	the	DET
ftr-358	425	16	cost	cost	NOUN
ftr-358	425	17	would	would	AUX
ftr-358	425	18	presumably	presumably	ADV
ftr-358	425	19	be	be	AUX
ftr-358	425	20	divided	divide	VERB
ftr-358	425	21	arbitrarily	arbitrarily	ADV
ftr-358	425	22	between	between	ADP
ftr-358	425	23	the	the	DET
ftr-358	425	24	government	government	NOUN
ftr-358	425	25	and	and	CCONJ
ftr-358	425	26	the	the	DET
ftr-358	425	27	taxpayers	taxpayer	NOUN
ftr-358	425	28	.	.	PUNCT
ftr-358	426	1	reality	reality	NOUN
ftr-358	426	2	is	be	AUX
ftr-358	426	3	quite	quite	ADV
ftr-358	426	4	different	different	ADJ
ftr-358	426	5	.	.	PUNCT
ftr-358	427	1	the	the	DET
ftr-358	427	2	public	public	NOUN
ftr-358	427	3	is	be	AUX
ftr-358	427	4	well	well	ADV
ftr-358	427	5	aware	aware	ADJ
ftr-358	427	6	of	of	ADP
ftr-358	427	7	the	the	DET
ftr-358	427	8	tax	tax	NOUN
ftr-358	427	9	consequences	consequence	NOUN
ftr-358	427	10	of	of	ADP
ftr-358	427	11	its	its	PRON
ftr-358	427	12	behavior	behavior	NOUN
ftr-358	427	13	and	and	CCONJ
ftr-358	427	14	acts	act	VERB
ftr-358	427	15	accordingly	accordingly	ADV
ftr-358	427	16	.	.	PUNCT
ftr-358	428	1	a	a	DET
ftr-358	428	2	taxpayer	taxpayer	NOUN
ftr-358	428	3	may	may	AUX
ftr-358	428	4	defer	defer	VERB
ftr-358	428	5	the	the	DET
ftr-358	428	6	sale	sale	NOUN
ftr-358	428	7	of	of	ADP
ftr-358	428	8	an	an	DET
ftr-358	428	9	appreciated	appreciated	ADJ
ftr-358	428	10	asset	asset	NOUN
ftr-358	428	11	in	in	ADP
ftr-358	428	12	order	order	NOUN
ftr-358	428	13	to	to	PART
ftr-358	428	14	defer	defer	VERB
ftr-358	428	15	paying	pay	VERB
ftr-358	428	16	tax	tax	NOUN
ftr-358	428	17	on	on	ADP
ftr-358	428	18	the	the	DET
ftr-358	428	19	appreciation	appreciation	NOUN
ftr-358	428	20	.	.	PUNCT
ftr-358	429	1	similarly	similarly	ADV
ftr-358	429	2	,	,	PUNCT
ftr-358	429	3	a	a	DET
ftr-358	429	4	taxpayer	taxpayer	NOUN
ftr-358	429	5	who	who	PRON
ftr-358	429	6	has	have	AUX
ftr-358	429	7	realized	realize	VERB
ftr-358	429	8	a	a	DET
ftr-358	429	9	gain	gain	NOUN
ftr-358	429	10	may	may	AUX
ftr-358	429	11	look	look	VERB
ftr-358	429	12	for	for	ADP
ftr-358	429	13	an	an	DET
ftr-358	429	14	asset	asset	NOUN
ftr-358	429	15	whose	whose	DET
ftr-358	429	16	value	value	NOUN
ftr-358	429	17	has	have	AUX
ftr-358	429	18	depreciated	depreciate	VERB
ftr-358	429	19	in	in	ADP
ftr-358	429	20	order	order	NOUN
ftr-358	429	21	to	to	PART
ftr-358	429	22	sell	sell	VERB
ftr-358	429	23	it	it	PRON
ftr-358	429	24	and	and	CCONJ
ftr-358	429	25	deduct	deduct	VERB
ftr-358	429	26	the	the	DET
ftr-358	429	27	now	now	ADV
ftr-358	429	28	-	-	PUNCT
ftr-358	429	29	realized	realize	VERB
ftr-358	429	30	loss	loss	NOUN
ftr-358	429	31	from	from	ADP
ftr-358	429	32	the	the	DET
ftr-358	429	33	gain	gain	NOUN
ftr-358	429	34	.	.	PUNCT
ftr-358	430	1	this	this	DET
ftr-358	430	2	type	type	NOUN
ftr-358	430	3	of	of	ADP
ftr-358	430	4	gamesmanship	gamesmanship	NOUN
ftr-358	430	5	is	be	AUX
ftr-358	430	6	probably	probably	ADV
ftr-358	430	7	unavoidable	unavoidable	ADJ
ftr-358	430	8	and	and	CCONJ
ftr-358	430	9	is	be	AUX
ftr-358	430	10	a	a	DET
ftr-358	430	11	necessary	necessary	ADJ
ftr-358	430	12	and	and	CCONJ
ftr-358	430	13	predicable	predicable	ADJ
ftr-358	430	14	cost	cost	NOUN
ftr-358	430	15	of	of	ADP
ftr-358	430	16	adopting	adopt	VERB
ftr-358	430	17	the	the	DET
ftr-358	430	18	principle	principle	NOUN
ftr-358	430	19	of	of	ADP
ftr-358	430	20	realization	realization	NOUN
ftr-358	430	21	.	.	PUNCT
ftr-358	431	1	the	the	DET
ftr-358	431	2	line	line	NOUN
ftr-358	431	3	separating	separate	VERB
ftr-358	431	4	acceptable	acceptable	ADJ
ftr-358	431	5	from	from	ADP
ftr-358	431	6	unacceptable	unacceptable	ADJ
ftr-358	431	7	rule	rule	NOUN
ftr-358	431	8	manipulation	manipulation	NOUN
ftr-358	431	9	in	in	ADP
ftr-358	431	10	the	the	DET
ftr-358	431	11	context	context	NOUN
ftr-358	431	12	of	of	ADP
ftr-358	431	13	the	the	DET
ftr-358	431	14	realization	realization	NOUN
ftr-358	431	15	doctrine	doctrine	NOUN
ftr-358	431	16	is	be	AUX
ftr-358	431	17	not	not	PART
ftr-358	431	18	a	a	DET
ftr-358	431	19	matter	matter	NOUN
ftr-358	431	20	of	of	ADP
ftr-358	431	21	substance	substance	NOUN
ftr-358	431	22	but	but	CCONJ
ftr-358	431	23	rather	rather	ADV
ftr-358	431	24	a	a	DET
ftr-358	431	25	matter	matter	NOUN
ftr-358	431	26	of	of	ADP
ftr-358	431	27	degree	degree	NOUN
ftr-358	431	28	.	.	PUNCT
ftr-358	432	1	when	when	SCONJ
ftr-358	432	2	deferring	defer	VERB
ftr-358	432	3	the	the	DET
ftr-358	432	4	payment	payment	NOUN
ftr-358	432	5	of	of	ADP
ftr-358	432	6	tax	tax	NOUN
ftr-358	432	7	on	on	ADP
ftr-358	432	8	asset	asset	NOUN
ftr-358	432	9	appreciation	appreciation	NOUN
ftr-358	432	10	requires	require	VERB
ftr-358	432	11	the	the	DET
ftr-358	432	12	taxpayer	taxpayer	NOUN
ftr-358	432	13	to	to	PART
ftr-358	432	14	continue	continue	VERB
ftr-358	432	15	risking	risk	VERB
ftr-358	432	16	the	the	DET
ftr-358	432	17	capital	capital	NOUN
ftr-358	432	18	invested	invest	VERB
ftr-358	432	19	in	in	ADP
ftr-358	432	20	that	that	DET
ftr-358	432	21	asset	asset	NOUN
ftr-358	432	22	,	,	PUNCT
ftr-358	432	23	or	or	CCONJ
ftr-358	432	24	,	,	PUNCT
ftr-358	432	25	alternatively	alternatively	ADV
ftr-358	432	26	,	,	PUNCT
ftr-358	432	27	when	when	SCONJ
ftr-358	432	28	the	the	DET
ftr-358	432	29	taxpayer	taxpayer	NOUN
ftr-358	432	30	needs	need	VERB
ftr-358	432	31	to	to	PART
ftr-358	432	32	sell	sell	VERB
ftr-358	432	33	an	an	DET
ftr-358	432	34	asset	asset	NOUN
ftr-358	432	35	in	in	ADP
ftr-358	432	36	order	order	NOUN
ftr-358	432	37	to	to	PART
ftr-358	432	38	recognize	recognize	VERB
ftr-358	432	39	the	the	DET
ftr-358	432	40	loss	loss	NOUN
ftr-358	432	41	from	from	ADP
ftr-358	432	42	its	its	PRON
ftr-358	432	43	decline	decline	NOUN
ftr-358	432	44	in	in	ADP
ftr-358	432	45	value	value	NOUN
ftr-358	432	46	,	,	PUNCT
ftr-358	432	47	there	there	PRON
ftr-358	432	48	exists	exist	VERB
ftr-358	432	49	a	a	DET
ftr-358	432	50	mechanism	mechanism	NOUN
ftr-358	432	51	guaranteeing	guarantee	VERB
ftr-358	432	52	at	at	ADP
ftr-358	432	53	least	least	ADJ
ftr-358	432	54	the	the	DET
ftr-358	432	55	semblance	semblance	NOUN
ftr-358	432	56	of	of	ADP
ftr-358	432	57	symmetry	symmetry	NOUN
ftr-358	432	58	between	between	ADP
ftr-358	432	59	the	the	DET
ftr-358	432	60	non	non	PROPN
ftr-358	432	61	recognition	recognition	NOUN
ftr-358	432	62	of	of	ADP
ftr-358	432	63	unrealized	unrealized	ADJ
ftr-358	432	64	gains	gain	NOUN
ftr-358	432	65	and	and	CCONJ
ftr-358	432	66	the	the	DET
ftr-358	432	67	non	non	PROPN
ftr-358	432	68	recognition	recognition	NOUN
ftr-358	432	69	of	of	ADP
ftr-358	432	70	unrealized	unrealized	ADJ
ftr-358	432	71	losses	loss	NOUN
ftr-358	432	72	.	.	PUNCT
ftr-358	433	1	however	however	ADV
ftr-358	433	2	,	,	PUNCT
ftr-358	433	3	if	if	SCONJ
ftr-358	433	4	taxpayers	taxpayer	NOUN
ftr-358	433	5	are	be	AUX
ftr-358	433	6	able	able	ADJ
ftr-358	433	7	to	to	PART
ftr-358	433	8	recognize	recognize	VERB
ftr-358	433	9	losses	loss	NOUN
ftr-358	433	10	without	without	ADP
ftr-358	433	11	forfeiting	forfeit	VERB
ftr-358	433	12	their	their	PRON
ftr-358	433	13	acting	acting	NOUN
ftr-358	433	14	in	in	ADP
ftr-358	433	15	response	response	NOUN
ftr-358	433	16	to	to	ADP
ftr-358	433	17	market	market	NOUN
ftr-358	433	18	developments	development	NOUN
ftr-358	433	19	.	.	PUNCT
ftr-358	434	1	in	in	ADP
ftr-358	434	2	general	general	ADJ
ftr-358	434	3	,	,	PUNCT
ftr-358	434	4	the	the	DET
ftr-358	434	5	ensnarement	ensnarement	NOUN
ftr-358	434	6	of	of	ADP
ftr-358	434	7	innocent	innocent	ADJ
ftr-358	434	8	taxpayers	taxpayer	NOUN
ftr-358	434	9	is	be	AUX
ftr-358	434	10	one	one	NUM
ftr-358	434	11	of	of	ADP
ftr-358	434	12	the	the	DET
ftr-358	434	13	unfortunate	unfortunate	ADJ
ftr-358	434	14	side	side	NOUN
ftr-358	434	15	effects	effect	NOUN
ftr-358	434	16	of	of	ADP
ftr-358	434	17	anti	anti	ADJ
ftr-358	434	18	-	-	ADJ
ftr-358	434	19	abuse	abuse	ADJ
ftr-358	434	20	legislation	legislation	NOUN
ftr-358	434	21	.	.	PUNCT
ftr-358	435	1	396	396	NUM
ftr-358	435	2	florida	florida	PROPN
ftr-358	435	3	tax	tax	NOUN
ftr-358	435	4	review	review	NOUN
ftr-358	435	5	[	[	X
ftr-358	435	6	vol	vol	NOUN
ftr-358	435	7	.	.	PUNCT
ftr-358	436	1	10:5	10:5	NUM
ftr-358	436	2	economic	economic	ADJ
ftr-358	436	3	interest	interest	NOUN
ftr-358	436	4	in	in	ADP
ftr-358	436	5	the	the	DET
ftr-358	436	6	asset	asset	NOUN
ftr-358	436	7	concerned	concern	VERB
ftr-358	436	8	,	,	PUNCT
ftr-358	436	9	the	the	DET
ftr-358	436	10	ostensible	ostensible	ADJ
ftr-358	436	11	symmetry	symmetry	NOUN
ftr-358	436	12	between	between	ADP
ftr-358	436	13	gains	gain	NOUN
ftr-358	436	14	and	and	CCONJ
ftr-358	436	15	losses	loss	NOUN
ftr-358	436	16	no	no	ADV
ftr-358	436	17	longer	long	ADV
ftr-358	436	18	exists	exist	VERB
ftr-358	436	19	.	.	PUNCT
ftr-358	437	1	accrual	accrual	ADJ
ftr-358	437	2	taxation	taxation	NOUN
ftr-358	437	3	is	be	AUX
ftr-358	437	4	immune	immune	ADJ
ftr-358	437	5	to	to	ADP
ftr-358	437	6	these	these	DET
ftr-358	437	7	dilemmas	dilemma	NOUN
ftr-358	437	8	.	.	PUNCT
ftr-358	438	1	selling	selling	NOUN
ftr-358	438	2	and	and	CCONJ
ftr-358	438	3	repurchasing	repurchasing	NOUN
ftr-358	438	4	are	be	AUX
ftr-358	438	5	not	not	PART
ftr-358	438	6	necessary	necessary	ADJ
ftr-358	438	7	in	in	ADP
ftr-358	438	8	order	order	NOUN
ftr-358	438	9	to	to	PART
ftr-358	438	10	cause	cause	VERB
ftr-358	438	11	the	the	DET
ftr-358	438	12	loss	loss	NOUN
ftr-358	438	13	to	to	PART
ftr-358	438	14	be	be	AUX
ftr-358	438	15	recognized	recognize	VERB
ftr-358	438	16	for	for	ADP
ftr-358	438	17	tax	tax	NOUN
ftr-358	438	18	purposes	purpose	NOUN
ftr-358	438	19	,	,	PUNCT
ftr-358	438	20	as	as	SCONJ
ftr-358	438	21	the	the	DET
ftr-358	438	22	tax	tax	NOUN
ftr-358	438	23	law	law	NOUN
ftr-358	438	24	would	would	AUX
ftr-358	438	25	recognize	recognize	VERB
ftr-358	438	26	the	the	DET
ftr-358	438	27	loss	loss	NOUN
ftr-358	438	28	even	even	ADV
ftr-358	438	29	without	without	ADP
ftr-358	438	30	the	the	DET
ftr-358	438	31	wash	wash	NOUN
ftr-358	438	32	sale	sale	NOUN
ftr-358	438	33	.	.	PUNCT
ftr-358	439	1	nonetheless	nonetheless	ADV
ftr-358	439	2	,	,	PUNCT
ftr-358	439	3	symmetry	symmetry	NOUN
ftr-358	439	4	between	between	ADP
ftr-358	439	5	gains	gain	NOUN
ftr-358	439	6	and	and	CCONJ
ftr-358	439	7	losses	loss	NOUN
ftr-358	439	8	would	would	AUX
ftr-358	439	9	be	be	AUX
ftr-358	439	10	retained	retain	VERB
ftr-358	439	11	as	as	SCONJ
ftr-358	439	12	unrealized	unrealized	ADJ
ftr-358	439	13	gains	gain	NOUN
ftr-358	439	14	would	would	AUX
ftr-358	439	15	also	also	ADV
ftr-358	439	16	be	be	AUX
ftr-358	439	17	recognized	recognize	VERB
ftr-358	439	18	.	.	PUNCT
ftr-358	440	1	in	in	ADP
ftr-358	440	2	either	either	DET
ftr-358	440	3	case	case	NOUN
ftr-358	440	4	,	,	PUNCT
ftr-358	440	5	recognition	recognition	NOUN
ftr-358	440	6	would	would	AUX
ftr-358	440	7	be	be	AUX
ftr-358	440	8	unaffected	unaffected	ADJ
ftr-358	440	9	by	by	ADP
ftr-358	440	10	the	the	DET
ftr-358	440	11	act	act	NOUN
ftr-358	440	12	of	of	ADP
ftr-358	440	13	sale	sale	NOUN
ftr-358	440	14	.	.	PUNCT
ftr-358	441	1	it	it	PRON
ftr-358	441	2	should	should	AUX
ftr-358	441	3	also	also	ADV
ftr-358	441	4	be	be	AUX
ftr-358	441	5	noted	note	VERB
ftr-358	441	6	that	that	SCONJ
ftr-358	441	7	the	the	DET
ftr-358	441	8	practical	practical	ADJ
ftr-358	441	9	difficulties	difficulty	NOUN
ftr-358	441	10	inherent	inherent	ADJ
ftr-358	441	11	in	in	ADP
ftr-358	441	12	applying	apply	VERB
ftr-358	441	13	the	the	DET
ftr-358	441	14	provisions	provision	NOUN
ftr-358	441	15	denying	deny	VERB
ftr-358	441	16	recognition	recognition	NOUN
ftr-358	441	17	of	of	ADP
ftr-358	441	18	wash	wash	NOUN
ftr-358	441	19	sales	sale	NOUN
ftr-358	441	20	are	be	AUX
ftr-358	441	21	no	no	ADV
ftr-358	441	22	less	less	ADJ
ftr-358	441	23	that	that	SCONJ
ftr-358	441	24	those	those	PRON
ftr-358	441	25	we	we	PRON
ftr-358	441	26	encountered	encounter	VERB
ftr-358	441	27	earlier	early	ADV
ftr-358	441	28	with	with	ADP
ftr-358	441	29	regard	regard	NOUN
ftr-358	441	30	to	to	ADP
ftr-358	441	31	straddles	straddle	NOUN
ftr-358	441	32	and	and	CCONJ
ftr-358	441	33	constructive	constructive	ADJ
ftr-358	441	34	sales	sale	NOUN
ftr-358	441	35	.	.	PUNCT
ftr-358	442	1	the	the	DET
ftr-358	442	2	question	question	NOUN
ftr-358	442	3	of	of	ADP
ftr-358	442	4	when	when	SCONJ
ftr-358	442	5	the	the	DET
ftr-358	442	6	new	new	ADJ
ftr-358	442	7	position	position	NOUN
ftr-358	442	8	is	be	AUX
ftr-358	442	9	substantially	substantially	ADV
ftr-358	442	10	identical	identical	ADJ
ftr-358	442	11	to	to	ADP
ftr-358	442	12	the	the	DET
ftr-358	442	13	closed	closed	ADJ
ftr-358	442	14	position	position	NOUN
ftr-358	442	15	is	be	AUX
ftr-358	442	16	not	not	PART
ftr-358	442	17	always	always	ADV
ftr-358	442	18	easy	easy	ADJ
ftr-358	442	19	to	to	PART
ftr-358	442	20	answer	answer	VERB
ftr-358	442	21	.	.	PUNCT
ftr-358	443	1	for	for	ADP
ftr-358	443	2	example	example	NOUN
ftr-358	443	3	,	,	PUNCT
ftr-358	443	4	it	it	PRON
ftr-358	443	5	is	be	AUX
ftr-358	443	6	well	well	ADV
ftr-358	443	7	known	know	VERB
ftr-358	443	8	that	that	SCONJ
ftr-358	443	9	it	it	PRON
ftr-358	443	10	is	be	AUX
ftr-358	443	11	possible	possible	ADJ
ftr-358	443	12	to	to	PART
ftr-358	443	13	construct	construct	VERB
ftr-358	443	14	a	a	DET
ftr-358	443	15	portfolio	portfolio	NOUN
ftr-358	443	16	,	,	PUNCT
ftr-358	443	17	containing	contain	VERB
ftr-358	443	18	relatively	relatively	ADV
ftr-358	443	19	few	few	ADJ
ftr-358	443	20	stocks	stock	NOUN
ftr-358	443	21	,	,	PUNCT
ftr-358	443	22	that	that	SCONJ
ftr-358	443	23	more	more	ADJ
ftr-358	443	24	or	or	CCONJ
ftr-358	443	25	less	less	ADJ
ftr-358	443	26	tracks	track	NOUN
ftr-358	443	27	a	a	DET
ftr-358	443	28	market	market	NOUN
ftr-358	443	29	index	index	NOUN
ftr-358	443	30	.	.	PUNCT
ftr-358	444	1	would	would	AUX
ftr-358	444	2	the	the	DET
ftr-358	444	3	sale	sale	NOUN
ftr-358	444	4	of	of	ADP
ftr-358	444	5	a	a	DET
ftr-358	444	6	set	set	NOUN
ftr-358	444	7	of	of	ADP
ftr-358	444	8	securities	security	NOUN
ftr-358	444	9	with	with	ADP
ftr-358	444	10	a	a	DET
ftr-358	444	11	high	high	ADJ
ftr-358	444	12	degree	degree	NOUN
ftr-358	444	13	of	of	ADP
ftr-358	444	14	coordination	coordination	NOUN
ftr-358	444	15	with	with	ADP
ftr-358	444	16	a	a	DET
ftr-358	444	17	particular	particular	ADJ
ftr-358	444	18	index	index	NOUN
ftr-358	444	19	and	and	CCONJ
ftr-358	444	20	the	the	DET
ftr-358	444	21	simultaneous	simultaneous	ADJ
ftr-358	444	22	purchase	purchase	NOUN
ftr-358	444	23	of	of	ADP
ftr-358	444	24	another	another	DET
ftr-358	444	25	set	set	NOUN
ftr-358	444	26	of	of	ADP
ftr-358	444	27	securities	security	NOUN
ftr-358	444	28	,	,	PUNCT
ftr-358	444	29	with	with	ADP
ftr-358	444	30	no	no	DET
ftr-358	444	31	security	security	NOUN
ftr-358	444	32	in	in	ADP
ftr-358	444	33	common	common	ADJ
ftr-358	444	34	but	but	CCONJ
ftr-358	444	35	with	with	ADP
ftr-358	444	36	a	a	DET
ftr-358	444	37	similarly	similarly	ADV
ftr-358	444	38	high	high	ADJ
ftr-358	444	39	degree	degree	NOUN
ftr-358	444	40	of	of	ADP
ftr-358	444	41	coordination	coordination	NOUN
ftr-358	444	42	with	with	ADP
ftr-358	444	43	the	the	DET
ftr-358	444	44	same	same	ADJ
ftr-358	444	45	index	index	NOUN
ftr-358	444	46	,	,	PUNCT
ftr-358	444	47	be	be	AUX
ftr-358	444	48	considered	consider	VERB
ftr-358	444	49	a	a	DET
ftr-358	444	50	wash	wash	NOUN
ftr-358	444	51	sale	sale	NOUN
ftr-358	444	52	?	?	PUNCT
ftr-358	445	1	can	can	AUX
ftr-358	445	2	the	the	DET
ftr-358	445	3	irs	irs	PROPN
ftr-358	445	4	effectively	effectively	ADV
ftr-358	445	5	monitor	monitor	VERB
ftr-358	445	6	these	these	DET
ftr-358	445	7	types	type	NOUN
ftr-358	445	8	of	of	ADP
ftr-358	445	9	transactions	transaction	NOUN
ftr-358	445	10	,	,	PUNCT
ftr-358	445	11	examining	examine	VERB
ftr-358	445	12	daily	daily	ADV
ftr-358	445	13	the	the	DET
ftr-358	445	14	degree	degree	NOUN
ftr-358	445	15	of	of	ADP
ftr-358	445	16	coordination	coordination	NOUN
ftr-358	445	17	of	of	ADP
ftr-358	445	18	the	the	DET
ftr-358	445	19	taxpayer	taxpayer	NOUN
ftr-358	445	20	’s	’s	PART
ftr-358	445	21	portfolio	portfolio	NOUN
ftr-358	445	22	,	,	PUNCT
ftr-358	445	23	or	or	CCONJ
ftr-358	445	24	subsets	subset	NOUN
ftr-358	445	25	of	of	ADP
ftr-358	445	26	it	it	PRON
ftr-358	445	27	,	,	PUNCT
ftr-358	445	28	with	with	ADP
ftr-358	445	29	the	the	DET
ftr-358	445	30	various	various	ADJ
ftr-358	445	31	indexes	index	NOUN
ftr-358	445	32	in	in	ADP
ftr-358	445	33	order	order	NOUN
ftr-358	445	34	to	to	PART
ftr-358	445	35	determine	determine	VERB
ftr-358	445	36	whether	whether	SCONJ
ftr-358	445	37	the	the	DET
ftr-358	445	38	changes	change	NOUN
ftr-358	445	39	leave	leave	VERB
ftr-358	445	40	the	the	DET
ftr-358	445	41	taxpayer	taxpayer	NOUN
ftr-358	445	42	in	in	ADP
ftr-358	445	43	the	the	DET
ftr-358	445	44	same	same	ADJ
ftr-358	445	45	or	or	CCONJ
ftr-358	445	46	a	a	DET
ftr-358	445	47	similar	similar	ADJ
ftr-358	445	48	position	position	NOUN
ftr-358	445	49	with	with	ADP
ftr-358	445	50	regard	regard	NOUN
ftr-358	445	51	to	to	ADP
ftr-358	445	52	her	her	PRON
ftr-358	445	53	exposure	exposure	NOUN
ftr-358	445	54	to	to	ADP
ftr-358	445	55	the	the	DET
ftr-358	445	56	market	market	NOUN
ftr-358	445	57	?	?	PUNCT
ftr-358	446	1	it	it	PRON
ftr-358	446	2	is	be	AUX
ftr-358	446	3	highly	highly	ADV
ftr-358	446	4	doubtful	doubtful	ADJ
ftr-358	446	5	that	that	SCONJ
ftr-358	446	6	such	such	DET
ftr-358	446	7	a	a	DET
ftr-358	446	8	level	level	NOUN
ftr-358	446	9	of	of	ADP
ftr-358	446	10	scrutiny	scrutiny	NOUN
ftr-358	446	11	is	be	AUX
ftr-358	446	12	possible	possible	ADJ
ftr-358	446	13	.	.	PUNCT
ftr-358	447	1	c.	c.	NOUN
ftr-358	447	2	deducting	deduct	VERB
ftr-358	447	3	losses	loss	NOUN
ftr-358	447	4	one	one	NUM
ftr-358	447	5	of	of	ADP
ftr-358	447	6	the	the	DET
ftr-358	447	7	more	more	ADV
ftr-358	447	8	complex	complex	ADJ
ftr-358	447	9	aspects	aspect	NOUN
ftr-358	447	10	of	of	ADP
ftr-358	447	11	taxing	tax	VERB
ftr-358	447	12	gains	gain	NOUN
ftr-358	447	13	,	,	PUNCT
ftr-358	447	14	in	in	ADP
ftr-358	447	15	general	general	ADJ
ftr-358	447	16	,	,	PUNCT
ftr-358	447	17	and	and	CCONJ
ftr-358	447	18	taxing	tax	VERB
ftr-358	447	19	gain	gain	NOUN
ftr-358	447	20	from	from	ADP
ftr-358	447	21	the	the	DET
ftr-358	447	22	stock	stock	NOUN
ftr-358	447	23	market	market	NOUN
ftr-358	447	24	,	,	PUNCT
ftr-358	447	25	in	in	ADP
ftr-358	447	26	particular	particular	ADJ
ftr-358	447	27	,	,	PUNCT
ftr-358	447	28	is	be	AUX
ftr-358	447	29	the	the	DET
ftr-358	447	30	treatment	treatment	NOUN
ftr-358	447	31	of	of	ADP
ftr-358	447	32	losses	loss	NOUN
ftr-358	447	33	.	.	PUNCT
ftr-358	448	1	as	as	SCONJ
ftr-358	448	2	will	will	AUX
ftr-358	448	3	be	be	AUX
ftr-358	448	4	seen	see	VERB
ftr-358	448	5	,	,	PUNCT
ftr-358	448	6	the	the	DET
ftr-358	448	7	source	source	NOUN
ftr-358	448	8	of	of	ADP
ftr-358	448	9	both	both	CCONJ
ftr-358	448	10	the	the	DET
ftr-358	448	11	technical	technical	ADJ
ftr-358	448	12	and	and	CCONJ
ftr-358	448	13	the	the	DET
ftr-358	448	14	substantive	substantive	ADJ
ftr-358	448	15	difficulties	difficulty	NOUN
ftr-358	448	16	encountered	encounter	VERB
ftr-358	448	17	result	result	NOUN
ftr-358	448	18	from	from	ADP
ftr-358	448	19	the	the	DET
ftr-358	448	20	realization	realization	NOUN
ftr-358	448	21	principle	principle	NOUN
ftr-358	448	22	.	.	PUNCT
ftr-358	449	1	considerations	consideration	NOUN
ftr-358	449	2	of	of	ADP
ftr-358	449	3	horizontal	horizontal	ADJ
ftr-358	449	4	equity	equity	NOUN
ftr-358	449	5	and	and	CCONJ
ftr-358	449	6	economic	economic	ADJ
ftr-358	449	7	efficiency	efficiency	NOUN
ftr-358	449	8	require	require	VERB
ftr-358	449	9	free	free	ADJ
ftr-358	449	10	deductibility	deductibility	NOUN
ftr-358	449	11	of	of	ADP
ftr-358	449	12	losses	loss	NOUN
ftr-358	449	13	.	.	PUNCT
ftr-358	450	1	nonetheless	nonetheless	ADV
ftr-358	450	2	,	,	PUNCT
ftr-358	450	3	with	with	ADP
ftr-358	450	4	regard	regard	NOUN
ftr-358	450	5	to	to	ADP
ftr-358	450	6	capital	capital	NOUN
ftr-358	450	7	losses	loss	NOUN
ftr-358	450	8	,	,	PUNCT
ftr-358	450	9	the	the	DET
ftr-358	450	10	code	code	NOUN
ftr-358	450	11	severely	severely	ADV
ftr-358	450	12	restricts	restrict	VERB
ftr-358	450	13	their	their	PRON
ftr-358	450	14	deductibility	deductibility	NOUN
ftr-358	450	15	and	and	CCONJ
ftr-358	450	16	prescribes	prescribe	VERB
ftr-358	450	17	,	,	PUNCT
ftr-358	450	18	in	in	ADP
ftr-358	450	19	general	general	ADJ
ftr-358	450	20	,	,	PUNCT
ftr-358	450	21	that	that	SCONJ
ftr-358	450	22	capital	capital	NOUN
ftr-358	450	23	losses	loss	NOUN
ftr-358	450	24	can	can	AUX
ftr-358	450	25	only	only	ADV
ftr-358	450	26	be	be	AUX
ftr-358	450	27	deducted	deduct	VERB
ftr-358	450	28	to	to	ADP
ftr-358	450	29	the	the	DET
ftr-358	450	30	extent	extent	NOUN
ftr-358	450	31	of	of	ADP
ftr-358	450	32	capital	capital	NOUN
ftr-358	450	33	gains.37	gains.37	PROPN
ftr-358	450	34	the	the	DET
ftr-358	450	35	primary	primary	ADJ
ftr-358	450	36	reason	reason	NOUN
ftr-358	450	37	for	for	ADP
ftr-358	450	38	restricting	restrict	VERB
ftr-358	450	39	the	the	DET
ftr-358	450	40	deductibility	deductibility	NOUN
ftr-358	450	41	of	of	ADP
ftr-358	450	42	capital	capital	NOUN
ftr-358	450	43	losses	loss	NOUN
ftr-358	450	44	is	be	AUX
ftr-358	450	45	the	the	DET
ftr-358	450	46	ability	ability	NOUN
ftr-358	450	47	of	of	ADP
ftr-358	450	48	taxpayers	taxpayer	NOUN
ftr-358	450	49	to	to	PART
ftr-358	450	50	realize	realize	VERB
ftr-358	450	51	,	,	PUNCT
ftr-358	450	52	and	and	CCONJ
ftr-358	450	53	thus	thus	ADV
ftr-358	450	54	recognize	recognize	VERB
ftr-358	450	55	,	,	PUNCT
ftr-358	450	56	capital	capital	NOUN
ftr-358	450	57	losses	loss	NOUN
ftr-358	450	58	,	,	PUNCT
ftr-358	450	59	while	while	SCONJ
ftr-358	450	60	retaining	retain	VERB
ftr-358	450	61	those	those	DET
ftr-358	450	62	assets	asset	NOUN
ftr-358	450	63	containing	contain	VERB
ftr-358	450	64	unrealized	unrealized	ADJ
ftr-358	450	65	capital	capital	NOUN
ftr-358	450	66	gain	gain	NOUN
ftr-358	450	67	(	(	PUNCT
ftr-358	450	68	“	"	PUNCT
ftr-358	450	69	selective	selective	ADJ
ftr-358	450	70	realization	realization	NOUN
ftr-358	450	71	”	"	PUNCT
ftr-358	450	72	or	or	CCONJ
ftr-358	450	73	“	"	PUNCT
ftr-358	450	74	cherry	cherry	NOUN
ftr-358	450	75	picking	picking	NOUN
ftr-358	450	76	”	"	PUNCT
ftr-358	450	77	)	)	PUNCT
ftr-358	450	78	.	.	PUNCT
ftr-358	451	1	were	be	AUX
ftr-358	451	2	capital	capital	NOUN
ftr-358	451	3	losses	loss	NOUN
ftr-358	451	4	freely	freely	ADV
ftr-358	451	5	deductible	deductible	ADJ
ftr-358	451	6	,	,	PUNCT
ftr-358	451	7	taxpayers	taxpayer	NOUN
ftr-358	451	8	would	would	AUX
ftr-358	451	9	be	be	AUX
ftr-358	451	10	able	able	ADJ
ftr-358	451	11	to	to	PART
ftr-358	451	12	realize	realize	VERB
ftr-358	451	13	their	their	PRON
ftr-358	451	14	losses	loss	NOUN
ftr-358	451	15	,	,	PUNCT
ftr-358	451	16	deduct	deduct	VERB
ftr-358	451	17	them	they	PRON
ftr-358	451	18	against	against	ADP
ftr-358	451	19	ordinary	ordinary	ADJ
ftr-358	451	20	income	income	NOUN
ftr-358	451	21	,	,	PUNCT
ftr-358	451	22	and	and	CCONJ
ftr-358	451	23	reduce	reduce	VERB
ftr-358	451	24	or	or	CCONJ
ftr-358	451	25	even	even	ADV
ftr-358	451	26	eliminate	eliminate	VERB
ftr-358	451	27	their	their	PRON
ftr-358	451	28	taxable	taxable	ADJ
ftr-358	451	29	income	income	NOUN
ftr-358	451	30	,	,	PUNCT
ftr-358	451	31	even	even	ADV
ftr-358	451	32	though	though	SCONJ
ftr-358	451	33	the	the	DET
ftr-358	451	34	value	value	NOUN
ftr-358	451	35	of	of	ADP
ftr-358	451	36	other	other	ADJ
ftr-358	451	37	assets	asset	NOUN
ftr-358	451	38	had	have	AUX
ftr-358	451	39	appreciated	appreciate	VERB
ftr-358	451	40	.	.	PUNCT
ftr-358	452	1	37	37	NUM
ftr-358	452	2	..	..	PUNCT
ftr-358	452	3	irc	irc	PROPN
ftr-358	452	4	§	§	PROPN
ftr-358	452	5	1211	1211	NUM
ftr-358	452	6	.	.	PUNCT
ftr-358	452	7	where	where	SCONJ
ftr-358	452	8	capital	capital	NOUN
ftr-358	452	9	losses	loss	NOUN
ftr-358	452	10	exceed	exceed	VERB
ftr-358	452	11	capital	capital	NOUN
ftr-358	452	12	gains	gain	NOUN
ftr-358	452	13	,	,	PUNCT
ftr-358	452	14	individuals	individual	NOUN
ftr-358	452	15	are	be	AUX
ftr-358	452	16	allowed	allow	VERB
ftr-358	452	17	to	to	PART
ftr-358	452	18	deduct	deduct	VERB
ftr-358	452	19	$	$	SYM
ftr-358	452	20	3000	3000	NUM
ftr-358	452	21	of	of	ADP
ftr-358	452	22	the	the	DET
ftr-358	452	23	excess	excess	NOUN
ftr-358	452	24	against	against	ADP
ftr-358	452	25	ordinary	ordinary	ADJ
ftr-358	452	26	income	income	NOUN
ftr-358	452	27	.	.	PUNCT
ftr-358	453	1	irc	irc	PROPN
ftr-358	453	2	§	§	PROPN
ftr-358	453	3	1211(b	1211(b	NUM
ftr-358	453	4	)	)	PUNCT
ftr-358	453	5	.	.	PUNCT
ftr-358	454	1	2010	2010	NUM
ftr-358	454	2	]	]	PUNCT
ftr-358	454	3	the	the	DET
ftr-358	454	4	myth	myth	NOUN
ftr-358	454	5	of	of	ADP
ftr-358	454	6	realization	realization	NOUN
ftr-358	454	7	:	:	PUNCT
ftr-358	454	8	mark	mark	NOUN
ftr-358	454	9	-	-	PUNCT
ftr-358	454	10	to	to	ADP
ftr-358	454	11	-	-	PUNCT
ftr-358	454	12	market	market	NOUN
ftr-358	454	13	taxation	taxation	NOUN
ftr-358	454	14	397	397	NUM
ftr-358	454	15	cherry	cherry	NOUN
ftr-358	454	16	picking	picking	NOUN
ftr-358	454	17	is	be	AUX
ftr-358	454	18	obviously	obviously	ADV
ftr-358	454	19	only	only	ADV
ftr-358	454	20	possible	possible	ADJ
ftr-358	454	21	within	within	ADP
ftr-358	454	22	a	a	DET
ftr-358	454	23	tax	tax	NOUN
ftr-358	454	24	regime	regime	NOUN
ftr-358	454	25	that	that	PRON
ftr-358	454	26	defers	defer	VERB
ftr-358	454	27	recognition	recognition	NOUN
ftr-358	454	28	of	of	ADP
ftr-358	454	29	gains	gain	NOUN
ftr-358	454	30	and	and	CCONJ
ftr-358	454	31	losses	loss	NOUN
ftr-358	454	32	until	until	SCONJ
ftr-358	454	33	they	they	PRON
ftr-358	454	34	are	be	AUX
ftr-358	454	35	realized	realize	VERB
ftr-358	454	36	.	.	PUNCT
ftr-358	455	1	abandon	abandon	VERB
ftr-358	455	2	the	the	DET
ftr-358	455	3	realization	realization	NOUN
ftr-358	455	4	doctrine	doctrine	NOUN
ftr-358	455	5	and	and	CCONJ
ftr-358	455	6	the	the	DET
ftr-358	455	7	problem	problem	NOUN
ftr-358	455	8	disappears	disappear	VERB
ftr-358	455	9	.	.	PUNCT
ftr-358	456	1	gains	gain	NOUN
ftr-358	456	2	and	and	CCONJ
ftr-358	456	3	losses	loss	NOUN
ftr-358	456	4	would	would	AUX
ftr-358	456	5	be	be	AUX
ftr-358	456	6	recognized	recognize	VERB
ftr-358	456	7	in	in	ADP
ftr-358	456	8	the	the	DET
ftr-358	456	9	year	year	NOUN
ftr-358	456	10	they	they	PRON
ftr-358	456	11	accrue	accrue	VERB
ftr-358	456	12	,	,	PUNCT
ftr-358	456	13	so	so	SCONJ
ftr-358	456	14	that	that	SCONJ
ftr-358	456	15	selling	sell	VERB
ftr-358	456	16	or	or	CCONJ
ftr-358	456	17	retaining	retain	VERB
ftr-358	456	18	the	the	DET
ftr-358	456	19	asset	asset	NOUN
ftr-358	456	20	would	would	AUX
ftr-358	456	21	not	not	PART
ftr-358	456	22	affect	affect	VERB
ftr-358	456	23	the	the	DET
ftr-358	456	24	taxpayer	taxpayer	NOUN
ftr-358	456	25	’s	’s	PART
ftr-358	456	26	liability	liability	NOUN
ftr-358	456	27	.	.	PUNCT
ftr-358	457	1	ordinary	ordinary	ADJ
ftr-358	457	2	taxable	taxable	ADJ
ftr-358	457	3	income	income	NOUN
ftr-358	457	4	plus	plus	CCONJ
ftr-358	457	5	capital	capital	NOUN
ftr-358	457	6	gains	gain	NOUN
ftr-358	457	7	minus	minus	ADP
ftr-358	457	8	capital	capital	NOUN
ftr-358	457	9	losses	loss	NOUN
ftr-358	457	10	would	would	AUX
ftr-358	457	11	equal	equal	VERB
ftr-358	457	12	economic	economic	ADJ
ftr-358	457	13	accession	accession	NOUN
ftr-358	457	14	to	to	ADP
ftr-358	457	15	wealth	wealth	NOUN
ftr-358	457	16	.	.	PUNCT
ftr-358	458	1	for	for	ADP
ftr-358	458	2	example	example	NOUN
ftr-358	458	3	,	,	PUNCT
ftr-358	458	4	assume	assume	VERB
ftr-358	458	5	that	that	SCONJ
ftr-358	458	6	at	at	ADP
ftr-358	458	7	the	the	DET
ftr-358	458	8	beginning	beginning	NOUN
ftr-358	458	9	of	of	ADP
ftr-358	458	10	the	the	DET
ftr-358	458	11	year	year	NOUN
ftr-358	458	12	,	,	PUNCT
ftr-358	458	13	a	a	DET
ftr-358	458	14	taxpayer	taxpayer	NOUN
ftr-358	458	15	purchased	purchase	VERB
ftr-358	458	16	capital	capital	NOUN
ftr-358	458	17	asset	asset	NOUN
ftr-358	458	18	a	a	PRON
ftr-358	458	19	for	for	ADP
ftr-358	458	20	$	$	SYM
ftr-358	458	21	100	100	NUM
ftr-358	458	22	and	and	CCONJ
ftr-358	458	23	capital	capital	NOUN
ftr-358	458	24	asset	asset	NOUN
ftr-358	458	25	b	b	PROPN
ftr-358	458	26	for	for	ADP
ftr-358	458	27	$	$	SYM
ftr-358	458	28	150	150	NUM
ftr-358	458	29	and	and	CCONJ
ftr-358	458	30	did	do	AUX
ftr-358	458	31	not	not	PART
ftr-358	458	32	sell	sell	VERB
ftr-358	458	33	them	they	PRON
ftr-358	458	34	before	before	ADP
ftr-358	458	35	the	the	DET
ftr-358	458	36	end	end	NOUN
ftr-358	458	37	of	of	ADP
ftr-358	458	38	the	the	DET
ftr-358	458	39	year	year	NOUN
ftr-358	458	40	;	;	PUNCT
ftr-358	458	41	that	that	SCONJ
ftr-358	458	42	at	at	ADP
ftr-358	458	43	the	the	DET
ftr-358	458	44	end	end	NOUN
ftr-358	458	45	of	of	ADP
ftr-358	458	46	the	the	DET
ftr-358	458	47	year	year	NOUN
ftr-358	458	48	,	,	PUNCT
ftr-358	458	49	asset	asset	NOUN
ftr-358	458	50	a	a	PRON
ftr-358	458	51	was	be	AUX
ftr-358	458	52	worth	worth	ADJ
ftr-358	458	53	$	$	SYM
ftr-358	458	54	30	30	NUM
ftr-358	458	55	and	and	CCONJ
ftr-358	458	56	asset	asset	NOUN
ftr-358	458	57	b	b	PROPN
ftr-358	458	58	was	be	AUX
ftr-358	458	59	worth	worth	ADJ
ftr-358	458	60	$	$	SYM
ftr-358	458	61	190	190	NUM
ftr-358	458	62	;	;	PUNCT
ftr-358	458	63	and	and	CCONJ
ftr-358	458	64	that	that	SCONJ
ftr-358	458	65	during	during	ADP
ftr-358	458	66	the	the	DET
ftr-358	458	67	year	year	NOUN
ftr-358	458	68	the	the	DET
ftr-358	458	69	taxpayer	taxpayer	NOUN
ftr-358	458	70	earned	earn	VERB
ftr-358	458	71	wages	wage	NOUN
ftr-358	458	72	of	of	ADP
ftr-358	458	73	$	$	SYM
ftr-358	458	74	300	300	NUM
ftr-358	458	75	.	.	PUNCT
ftr-358	459	1	the	the	DET
ftr-358	459	2	taxpayer	taxpayer	NOUN
ftr-358	459	3	’s	’s	PART
ftr-358	459	4	accession	accession	NOUN
ftr-358	459	5	to	to	ADP
ftr-358	459	6	wealth	wealth	NOUN
ftr-358	459	7	during	during	ADP
ftr-358	459	8	the	the	DET
ftr-358	459	9	year	year	NOUN
ftr-358	459	10	would	would	AUX
ftr-358	459	11	be	be	AUX
ftr-358	459	12	$	$	SYM
ftr-358	459	13	300	300	NUM
ftr-358	459	14	+	+	CCONJ
ftr-358	459	15	(	(	PUNCT
ftr-358	459	16	$	$	SYM
ftr-358	459	17	30	30	NUM
ftr-358	459	18	–	–	PUNCT
ftr-358	459	19	$	$	SYM
ftr-358	459	20	100	100	NUM
ftr-358	459	21	)	)	PUNCT
ftr-358	460	1	+	+	CCONJ
ftr-358	460	2	(	(	PUNCT
ftr-358	460	3	$	$	SYM
ftr-358	460	4	190	190	NUM
ftr-358	460	5	–	–	PUNCT
ftr-358	460	6	$	$	SYM
ftr-358	460	7	150	150	NUM
ftr-358	460	8	)	)	PUNCT
ftr-358	460	9	=	=	PUNCT
ftr-358	460	10	$	$	SYM
ftr-358	460	11	270	270	NUM
ftr-358	460	12	.	.	PUNCT
ftr-358	461	1	under	under	ADP
ftr-358	461	2	a	a	DET
ftr-358	461	3	tax	tax	NOUN
ftr-358	461	4	regime	regime	NOUN
ftr-358	461	5	that	that	PRON
ftr-358	461	6	recognizes	recognize	VERB
ftr-358	461	7	gains	gain	NOUN
ftr-358	461	8	and	and	CCONJ
ftr-358	461	9	losses	loss	NOUN
ftr-358	461	10	as	as	SCONJ
ftr-358	461	11	they	they	PRON
ftr-358	461	12	accrue	accrue	VERB
ftr-358	461	13	,	,	PUNCT
ftr-358	461	14	taxable	taxable	ADJ
ftr-358	461	15	income	income	NOUN
ftr-358	461	16	would	would	AUX
ftr-358	461	17	also	also	ADV
ftr-358	461	18	be	be	AUX
ftr-358	461	19	$	$	SYM
ftr-358	461	20	270	270	NUM
ftr-358	461	21	.	.	PUNCT
ftr-358	462	1	this	this	PRON
ftr-358	462	2	would	would	AUX
ftr-358	462	3	not	not	PART
ftr-358	462	4	be	be	AUX
ftr-358	462	5	the	the	DET
ftr-358	462	6	result	result	NOUN
ftr-358	462	7	under	under	ADP
ftr-358	462	8	a	a	DET
ftr-358	462	9	regime	regime	NOUN
ftr-358	462	10	that	that	PRON
ftr-358	462	11	recognizes	recognize	VERB
ftr-358	462	12	gains	gain	NOUN
ftr-358	462	13	and	and	CCONJ
ftr-358	462	14	losses	loss	NOUN
ftr-358	462	15	only	only	ADV
ftr-358	462	16	as	as	SCONJ
ftr-358	462	17	they	they	PRON
ftr-358	462	18	are	be	AUX
ftr-358	462	19	realized	realize	VERB
ftr-358	462	20	.	.	PUNCT
ftr-358	463	1	as	as	SCONJ
ftr-358	463	2	the	the	DET
ftr-358	463	3	assets	asset	NOUN
ftr-358	463	4	were	be	AUX
ftr-358	463	5	not	not	PART
ftr-358	463	6	sold	sell	VERB
ftr-358	463	7	,	,	PUNCT
ftr-358	463	8	the	the	DET
ftr-358	463	9	gain	gain	NOUN
ftr-358	463	10	and	and	CCONJ
ftr-358	463	11	the	the	DET
ftr-358	463	12	loss	loss	NOUN
ftr-358	463	13	would	would	AUX
ftr-358	463	14	not	not	PART
ftr-358	463	15	be	be	AUX
ftr-358	463	16	recognized	recognize	VERB
ftr-358	463	17	and	and	CCONJ
ftr-358	463	18	taxable	taxable	ADJ
ftr-358	463	19	income	income	NOUN
ftr-358	463	20	would	would	AUX
ftr-358	463	21	be	be	AUX
ftr-358	463	22	$	$	SYM
ftr-358	463	23	300	300	NUM
ftr-358	463	24	.	.	PUNCT
ftr-358	464	1	selling	sell	VERB
ftr-358	464	2	asset	asset	NOUN
ftr-358	464	3	a	a	PRON
ftr-358	464	4	for	for	ADP
ftr-358	464	5	$	$	SYM
ftr-358	464	6	30	30	NUM
ftr-358	464	7	would	would	AUX
ftr-358	464	8	not	not	PART
ftr-358	464	9	change	change	VERB
ftr-358	464	10	the	the	DET
ftr-358	464	11	situation	situation	NOUN
ftr-358	464	12	.	.	PUNCT
ftr-358	465	1	because	because	SCONJ
ftr-358	465	2	capital	capital	NOUN
ftr-358	465	3	losses	loss	NOUN
ftr-358	465	4	are	be	AUX
ftr-358	465	5	only	only	ADV
ftr-358	465	6	deductible	deductible	ADJ
ftr-358	465	7	to	to	ADP
ftr-358	465	8	the	the	DET
ftr-358	465	9	extent	extent	NOUN
ftr-358	465	10	of	of	ADP
ftr-358	465	11	capital	capital	NOUN
ftr-358	465	12	gains	gain	NOUN
ftr-358	465	13	,	,	PUNCT
ftr-358	465	14	the	the	DET
ftr-358	465	15	$	$	SYM
ftr-358	465	16	70	70	NUM
ftr-358	465	17	loss	loss	NOUN
ftr-358	465	18	would	would	AUX
ftr-358	465	19	not	not	PART
ftr-358	465	20	be	be	AUX
ftr-358	465	21	deductible	deductible	ADJ
ftr-358	465	22	and	and	CCONJ
ftr-358	465	23	taxable	taxable	ADJ
ftr-358	465	24	income	income	NOUN
ftr-358	465	25	would	would	AUX
ftr-358	465	26	still	still	ADV
ftr-358	465	27	be	be	AUX
ftr-358	465	28	$	$	SYM
ftr-358	465	29	300.38	300.38	NUM
ftr-358	465	30	selling	sell	VERB
ftr-358	465	31	both	both	DET
ftr-358	465	32	assets	asset	NOUN
ftr-358	465	33	before	before	ADP
ftr-358	465	34	the	the	DET
ftr-358	465	35	end	end	NOUN
ftr-358	465	36	of	of	ADP
ftr-358	465	37	the	the	DET
ftr-358	465	38	year	year	NOUN
ftr-358	465	39	would	would	AUX
ftr-358	465	40	also	also	ADV
ftr-358	465	41	not	not	PART
ftr-358	465	42	change	change	VERB
ftr-358	465	43	the	the	DET
ftr-358	465	44	situation	situation	NOUN
ftr-358	465	45	.	.	PUNCT
ftr-358	466	1	the	the	DET
ftr-358	466	2	gain	gain	NOUN
ftr-358	466	3	from	from	ADP
ftr-358	466	4	asset	asset	PROPN
ftr-358	466	5	b	b	PROPN
ftr-358	466	6	is	be	AUX
ftr-358	466	7	$	$	SYM
ftr-358	466	8	40	40	NUM
ftr-358	466	9	and	and	CCONJ
ftr-358	466	10	so	so	ADV
ftr-358	466	11	only	only	ADV
ftr-358	466	12	$	$	SYM
ftr-358	466	13	40	40	NUM
ftr-358	466	14	of	of	ADP
ftr-358	466	15	the	the	DET
ftr-358	466	16	capital	capital	NOUN
ftr-358	466	17	loss	loss	NOUN
ftr-358	466	18	would	would	AUX
ftr-358	466	19	be	be	AUX
ftr-358	466	20	deductible	deductible	ADJ
ftr-358	466	21	,	,	PUNCT
ftr-358	466	22	and	and	CCONJ
ftr-358	466	23	taxable	taxable	ADJ
ftr-358	466	24	income	income	NOUN
ftr-358	466	25	would	would	AUX
ftr-358	466	26	remain	remain	VERB
ftr-358	466	27	$	$	SYM
ftr-358	466	28	300	300	NUM
ftr-358	466	29	(	(	PUNCT
ftr-358	466	30	ordinary	ordinary	ADJ
ftr-358	466	31	income	income	NOUN
ftr-358	466	32	of	of	ADP
ftr-358	466	33	$	$	SYM
ftr-358	466	34	300	300	NUM
ftr-358	466	35	+	+	NUM
ftr-358	466	36	capital	capital	NOUN
ftr-358	466	37	gain	gain	NOUN
ftr-358	466	38	of	of	ADP
ftr-358	466	39	$	$	SYM
ftr-358	466	40	40	40	NUM
ftr-358	466	41	–	–	PUNCT
ftr-358	466	42	deductible	deductible	ADJ
ftr-358	466	43	capital	capital	NOUN
ftr-358	466	44	loss	loss	NOUN
ftr-358	466	45	of	of	ADP
ftr-358	466	46	$	$	SYM
ftr-358	466	47	40).39	40).39	NOUN
ftr-358	466	48	the	the	DET
ftr-358	466	49	fear	fear	NOUN
ftr-358	466	50	of	of	ADP
ftr-358	466	51	selective	selective	ADJ
ftr-358	466	52	realization	realization	NOUN
ftr-358	466	53	prevents	prevent	VERB
ftr-358	466	54	the	the	DET
ftr-358	466	55	tax	tax	NOUN
ftr-358	466	56	system	system	NOUN
ftr-358	466	57	from	from	ADP
ftr-358	466	58	appropriately	appropriately	ADV
ftr-358	466	59	measuring	measure	VERB
ftr-358	466	60	accession	accession	NOUN
ftr-358	466	61	to	to	ADP
ftr-358	466	62	wealth	wealth	NOUN
ftr-358	466	63	.	.	PUNCT
ftr-358	467	1	another	another	DET
ftr-358	467	2	problem	problem	NOUN
ftr-358	467	3	with	with	ADP
ftr-358	467	4	allowing	allow	VERB
ftr-358	467	5	free	free	ADJ
ftr-358	467	6	deductibility	deductibility	NOUN
ftr-358	467	7	of	of	ADP
ftr-358	467	8	capital	capital	NOUN
ftr-358	467	9	losses	loss	NOUN
ftr-358	467	10	concerns	concern	VERB
ftr-358	467	11	the	the	DET
ftr-358	467	12	preferential	preferential	ADJ
ftr-358	467	13	rate	rate	NOUN
ftr-358	467	14	of	of	ADP
ftr-358	467	15	tax	tax	NOUN
ftr-358	467	16	imposed	impose	VERB
ftr-358	467	17	on	on	ADP
ftr-358	467	18	long	long	ADJ
ftr-358	467	19	term	term	NOUN
ftr-358	467	20	capital	capital	NOUN
ftr-358	467	21	gains	gain	NOUN
ftr-358	467	22	in	in	ADP
ftr-358	467	23	the	the	DET
ftr-358	467	24	hands	hand	NOUN
ftr-358	467	25	of	of	ADP
ftr-358	467	26	individual	individual	ADJ
ftr-358	467	27	taxpayers.40	taxpayers.40	NOUN
ftr-358	467	28	allowing	allow	VERB
ftr-358	467	29	taxpayers	taxpayer	NOUN
ftr-358	467	30	to	to	PART
ftr-358	467	31	deduct	deduct	VERB
ftr-358	467	32	capital	capital	NOUN
ftr-358	467	33	losses	loss	NOUN
ftr-358	467	34	from	from	ADP
ftr-358	467	35	ordinary	ordinary	ADJ
ftr-358	467	36	income	income	NOUN
ftr-358	467	37	would	would	AUX
ftr-358	467	38	mean	mean	VERB
ftr-358	467	39	that	that	SCONJ
ftr-358	467	40	the	the	DET
ftr-358	467	41	government	government	NOUN
ftr-358	467	42	is	be	AUX
ftr-358	467	43	,	,	PUNCT
ftr-358	467	44	in	in	ADP
ftr-358	467	45	effect	effect	NOUN
ftr-358	467	46	,	,	PUNCT
ftr-358	467	47	a	a	DET
ftr-358	467	48	15	15	NUM
ftr-358	467	49	%	%	NOUN
ftr-358	467	50	partner	partner	NOUN
ftr-358	467	51	with	with	ADP
ftr-358	467	52	regard	regard	NOUN
ftr-358	467	53	to	to	ADP
ftr-358	467	54	gains	gain	NOUN
ftr-358	467	55	,	,	PUNCT
ftr-358	467	56	but	but	CCONJ
ftr-358	467	57	a	a	DET
ftr-358	467	58	35	35	NUM
ftr-358	467	59	%	%	NOUN
ftr-358	467	60	partner	partner	NOUN
ftr-358	467	61	with	with	ADP
ftr-358	467	62	regard	regard	NOUN
ftr-358	467	63	to	to	ADP
ftr-358	467	64	losses	loss	NOUN
ftr-358	467	65	.	.	PUNCT
ftr-358	468	1	nonetheless	nonetheless	ADV
ftr-358	468	2	,	,	PUNCT
ftr-358	468	3	the	the	DET
ftr-358	468	4	fact	fact	NOUN
ftr-358	468	5	that	that	SCONJ
ftr-358	468	6	the	the	DET
ftr-358	468	7	government	government	NOUN
ftr-358	468	8	’s	’s	PART
ftr-358	468	9	share	share	NOUN
ftr-358	468	10	in	in	ADP
ftr-358	468	11	losses	loss	NOUN
ftr-358	468	12	is	be	AUX
ftr-358	468	13	less	less	ADJ
ftr-358	468	14	than	than	ADP
ftr-358	468	15	its	its	PRON
ftr-358	468	16	share	share	NOUN
ftr-358	468	17	in	in	ADP
ftr-358	468	18	gains	gain	NOUN
ftr-358	468	19	is	be	AUX
ftr-358	468	20	not	not	PART
ftr-358	468	21	necessarily	necessarily	ADV
ftr-358	468	22	an	an	DET
ftr-358	468	23	undesirable	undesirable	ADJ
ftr-358	468	24	result	result	NOUN
ftr-358	468	25	.	.	PUNCT
ftr-358	469	1	the	the	DET
ftr-358	469	2	critical	critical	ADJ
ftr-358	469	3	factor	factor	NOUN
ftr-358	469	4	in	in	ADP
ftr-358	469	5	determining	determine	VERB
ftr-358	469	6	whether	whether	SCONJ
ftr-358	469	7	this	this	DET
ftr-358	469	8	result	result	NOUN
ftr-358	469	9	is	be	AUX
ftr-358	469	10	indeed	indeed	ADV
ftr-358	469	11	undesirable	undesirable	ADJ
ftr-358	469	12	is	be	AUX
ftr-358	469	13	the	the	DET
ftr-358	469	14	policy	policy	NOUN
ftr-358	469	15	behind	behind	ADP
ftr-358	469	16	granting	grant	VERB
ftr-358	469	17	preferential	preferential	ADJ
ftr-358	469	18	rates	rate	NOUN
ftr-358	469	19	to	to	ADP
ftr-358	469	20	capital	capital	NOUN
ftr-358	469	21	gains	gain	NOUN
ftr-358	469	22	in	in	ADP
ftr-358	469	23	the	the	DET
ftr-358	469	24	first	first	ADJ
ftr-358	469	25	place	place	NOUN
ftr-358	469	26	.	.	PUNCT
ftr-358	470	1	as	as	ADP
ftr-358	470	2	a	a	DET
ftr-358	470	3	thorough	thorough	ADJ
ftr-358	470	4	examination	examination	NOUN
ftr-358	470	5	of	of	ADP
ftr-358	470	6	the	the	DET
ftr-358	470	7	capital	capital	NOUN
ftr-358	470	8	gains	gain	NOUN
ftr-358	470	9	preference	preference	NOUN
ftr-358	470	10	is	be	AUX
ftr-358	470	11	beyond	beyond	ADP
ftr-358	470	12	the	the	DET
ftr-358	470	13	scope	scope	NOUN
ftr-358	470	14	of	of	ADP
ftr-358	470	15	the	the	DET
ftr-358	470	16	present	present	ADJ
ftr-358	470	17	essay	essay	NOUN
ftr-358	470	18	,	,	PUNCT
ftr-358	470	19	a	a	DET
ftr-358	470	20	few	few	ADJ
ftr-358	470	21	examples	example	NOUN
ftr-358	470	22	will	will	AUX
ftr-358	470	23	suffice	suffice	VERB
ftr-358	470	24	to	to	PART
ftr-358	470	25	demonstrate	demonstrate	VERB
ftr-358	470	26	the	the	DET
ftr-358	470	27	relationship	relationship	NOUN
ftr-358	470	28	between	between	ADP
ftr-358	470	29	the	the	DET
ftr-358	470	30	reason	reason	NOUN
ftr-358	470	31	for	for	ADP
ftr-358	470	32	the	the	DET
ftr-358	470	33	preference	preference	NOUN
ftr-358	470	34	,	,	PUNCT
ftr-358	470	35	on	on	ADP
ftr-358	470	36	the	the	DET
ftr-358	470	37	one	one	NUM
ftr-358	470	38	hand	hand	NOUN
ftr-358	470	39	,	,	PUNCT
ftr-358	470	40	and	and	CCONJ
ftr-358	470	41	38	38	NUM
ftr-358	470	42	.	.	PUNCT
ftr-358	471	1	i	i	PRON
ftr-358	471	2	am	be	AUX
ftr-358	471	3	assuming	assume	VERB
ftr-358	471	4	that	that	SCONJ
ftr-358	471	5	the	the	DET
ftr-358	471	6	amount	amount	NOUN
ftr-358	471	7	of	of	ADP
ftr-358	471	8	loss	loss	NOUN
ftr-358	471	9	that	that	PRON
ftr-358	471	10	is	be	AUX
ftr-358	471	11	allowed	allow	VERB
ftr-358	471	12	to	to	PART
ftr-358	471	13	be	be	AUX
ftr-358	471	14	deducted	deduct	VERB
ftr-358	471	15	against	against	ADP
ftr-358	471	16	ordinary	ordinary	ADJ
ftr-358	471	17	income	income	NOUN
ftr-358	471	18	is	be	AUX
ftr-358	471	19	relatively	relatively	ADV
ftr-358	471	20	insignificant	insignificant	ADJ
ftr-358	471	21	.	.	PUNCT
ftr-358	472	1	see	see	VERB
ftr-358	472	2	supra	supra	PROPN
ftr-358	472	3	note	note	PROPN
ftr-358	472	4	35	35	NUM
ftr-358	472	5	.	.	NOUN
ftr-358	472	6	39	39	NUM
ftr-358	472	7	.	.	PUNCT
ftr-358	473	1	should	should	AUX
ftr-358	473	2	the	the	DET
ftr-358	473	3	taxpayer	taxpayer	NOUN
ftr-358	473	4	sell	sell	VERB
ftr-358	473	5	asset	asset	NOUN
ftr-358	473	6	b	b	NOUN
ftr-358	473	7	while	while	SCONJ
ftr-358	473	8	retaining	retain	VERB
ftr-358	473	9	asset	asset	NOUN
ftr-358	473	10	a	a	PRON
ftr-358	473	11	,	,	PUNCT
ftr-358	473	12	taxable	taxable	ADJ
ftr-358	473	13	income	income	NOUN
ftr-358	473	14	would	would	AUX
ftr-358	473	15	be	be	AUX
ftr-358	473	16	$	$	SYM
ftr-358	473	17	340	340	NUM
ftr-358	473	18	.	.	PUNCT
ftr-358	474	1	40	40	NUM
ftr-358	474	2	.	.	PUNCT
ftr-358	475	1	the	the	DET
ftr-358	475	2	issue	issue	NOUN
ftr-358	475	3	of	of	ADP
ftr-358	475	4	the	the	DET
ftr-358	475	5	differential	differential	ADJ
ftr-358	475	6	tax	tax	NOUN
ftr-358	475	7	rate	rate	NOUN
ftr-358	475	8	is	be	AUX
ftr-358	475	9	irrelevant	irrelevant	ADJ
ftr-358	475	10	for	for	ADP
ftr-358	475	11	corporations	corporation	NOUN
ftr-358	475	12	,	,	PUNCT
ftr-358	475	13	for	for	ADP
ftr-358	475	14	whom	whom	PRON
ftr-358	475	15	the	the	DET
ftr-358	475	16	tax	tax	NOUN
ftr-358	475	17	rate	rate	NOUN
ftr-358	475	18	imposed	impose	VERB
ftr-358	475	19	on	on	ADP
ftr-358	475	20	capital	capital	NOUN
ftr-358	475	21	gain	gain	NOUN
ftr-358	475	22	is	be	AUX
ftr-358	475	23	the	the	DET
ftr-358	475	24	same	same	ADJ
ftr-358	475	25	as	as	ADP
ftr-358	475	26	that	that	PRON
ftr-358	475	27	imposed	impose	VERB
ftr-358	475	28	on	on	ADP
ftr-358	475	29	ordinary	ordinary	ADJ
ftr-358	475	30	income	income	NOUN
ftr-358	475	31	.	.	PUNCT
ftr-358	476	1	398	398	NUM
ftr-358	476	2	florida	florida	PROPN
ftr-358	476	3	tax	tax	NOUN
ftr-358	476	4	review	review	NOUN
ftr-358	476	5	[	[	X
ftr-358	476	6	vol	vol	NOUN
ftr-358	476	7	.	.	PUNCT
ftr-358	477	1	10:5	10:5	NUM
ftr-358	477	2	the	the	DET
ftr-358	477	3	treatment	treatment	NOUN
ftr-358	477	4	of	of	ADP
ftr-358	477	5	capital	capital	NOUN
ftr-358	477	6	losses	loss	NOUN
ftr-358	477	7	,	,	PUNCT
ftr-358	477	8	on	on	ADP
ftr-358	477	9	the	the	DET
ftr-358	477	10	other	other	ADJ
ftr-358	477	11	.	.	PUNCT
ftr-358	478	1	one	one	NUM
ftr-358	478	2	common	common	ADJ
ftr-358	478	3	justification	justification	NOUN
ftr-358	478	4	for	for	ADP
ftr-358	478	5	the	the	DET
ftr-358	478	6	capital	capital	NOUN
ftr-358	478	7	gains	gain	NOUN
ftr-358	478	8	preference	preference	NOUN
ftr-358	478	9	is	be	AUX
ftr-358	478	10	the	the	DET
ftr-358	478	11	effect	effect	NOUN
ftr-358	478	12	of	of	ADP
ftr-358	478	13	inflation	inflation	NOUN
ftr-358	478	14	on	on	ADP
ftr-358	478	15	the	the	DET
ftr-358	478	16	measurement	measurement	NOUN
ftr-358	478	17	of	of	ADP
ftr-358	478	18	gain	gain	NOUN
ftr-358	478	19	.	.	PUNCT
ftr-358	479	1	gain	gain	NOUN
ftr-358	479	2	is	be	AUX
ftr-358	479	3	defined	define	VERB
ftr-358	479	4	as	as	ADP
ftr-358	479	5	the	the	DET
ftr-358	479	6	difference	difference	NOUN
ftr-358	479	7	between	between	ADP
ftr-358	479	8	the	the	DET
ftr-358	479	9	amount	amount	NOUN
ftr-358	479	10	realized	realize	VERB
ftr-358	479	11	and	and	CCONJ
ftr-358	479	12	the	the	DET
ftr-358	479	13	adjusted	adjusted	ADJ
ftr-358	479	14	basis	basis	NOUN
ftr-358	479	15	.	.	PUNCT
ftr-358	480	1	however	however	ADV
ftr-358	480	2	,	,	PUNCT
ftr-358	480	3	as	as	SCONJ
ftr-358	480	4	the	the	DET
ftr-358	480	5	adjusted	adjusted	ADJ
ftr-358	480	6	basis	basis	NOUN
ftr-358	480	7	is	be	AUX
ftr-358	480	8	stated	state	VERB
ftr-358	480	9	in	in	ADP
ftr-358	480	10	nominal	nominal	ADJ
ftr-358	480	11	dollars	dollar	NOUN
ftr-358	480	12	instead	instead	ADV
ftr-358	480	13	of	of	ADP
ftr-358	480	14	in	in	ADP
ftr-358	480	15	real	real	ADJ
ftr-358	480	16	dollars	dollar	NOUN
ftr-358	480	17	,	,	PUNCT
ftr-358	480	18	the	the	DET
ftr-358	480	19	gain	gain	NOUN
ftr-358	480	20	as	as	SCONJ
ftr-358	480	21	computed	compute	VERB
ftr-358	480	22	by	by	ADP
ftr-358	480	23	the	the	DET
ftr-358	480	24	provisions	provision	NOUN
ftr-358	480	25	of	of	ADP
ftr-358	480	26	the	the	DET
ftr-358	480	27	code	code	NOUN
ftr-358	480	28	will	will	AUX
ftr-358	480	29	,	,	PUNCT
ftr-358	480	30	during	during	ADP
ftr-358	480	31	periods	period	NOUN
ftr-358	480	32	of	of	ADP
ftr-358	480	33	inflation	inflation	NOUN
ftr-358	480	34	,	,	PUNCT
ftr-358	480	35	overstate	overstate	VERB
ftr-358	480	36	real	real	ADJ
ftr-358	480	37	gain	gain	NOUN
ftr-358	480	38	.	.	PUNCT
ftr-358	481	1	the	the	DET
ftr-358	481	2	preferential	preferential	ADJ
ftr-358	481	3	rate	rate	NOUN
ftr-358	481	4	for	for	ADP
ftr-358	481	5	long	long	ADJ
ftr-358	481	6	term	term	NOUN
ftr-358	481	7	capital	capital	NOUN
ftr-358	481	8	gain	gain	NOUN
ftr-358	481	9	is	be	AUX
ftr-358	481	10	said	say	VERB
ftr-358	481	11	to	to	PART
ftr-358	481	12	compensate	compensate	VERB
ftr-358	481	13	for	for	ADP
ftr-358	481	14	the	the	DET
ftr-358	481	15	overstatement	overstatement	NOUN
ftr-358	481	16	of	of	ADP
ftr-358	481	17	gain	gain	NOUN
ftr-358	481	18	.	.	PUNCT
ftr-358	482	1	whatever	whatever	PRON
ftr-358	482	2	the	the	DET
ftr-358	482	3	merits	merit	NOUN
ftr-358	482	4	of	of	ADP
ftr-358	482	5	the	the	DET
ftr-358	482	6	argument	argument	NOUN
ftr-358	482	7	,	,	PUNCT
ftr-358	482	8	if	if	SCONJ
ftr-358	482	9	inflation	inflation	NOUN
ftr-358	482	10	is	be	AUX
ftr-358	482	11	the	the	DET
ftr-358	482	12	underlying	underlying	ADJ
ftr-358	482	13	reason	reason	NOUN
ftr-358	482	14	for	for	ADP
ftr-358	482	15	the	the	DET
ftr-358	482	16	capital	capital	NOUN
ftr-358	482	17	gains	gain	NOUN
ftr-358	482	18	preference	preference	NOUN
ftr-358	482	19	,	,	PUNCT
ftr-358	482	20	consistency	consistency	NOUN
ftr-358	482	21	would	would	AUX
ftr-358	482	22	require	require	VERB
ftr-358	482	23	not	not	PART
ftr-358	482	24	only	only	ADV
ftr-358	482	25	that	that	SCONJ
ftr-358	482	26	the	the	DET
ftr-358	482	27	government	government	NOUN
ftr-358	482	28	participate	participate	VERB
ftr-358	482	29	in	in	ADP
ftr-358	482	30	capital	capital	NOUN
ftr-358	482	31	losses	loss	NOUN
ftr-358	482	32	to	to	ADP
ftr-358	482	33	a	a	DET
ftr-358	482	34	greater	great	ADJ
ftr-358	482	35	extent	extent	NOUN
ftr-358	482	36	than	than	SCONJ
ftr-358	482	37	it	it	PRON
ftr-358	482	38	participates	participate	VERB
ftr-358	482	39	in	in	ADP
ftr-358	482	40	capital	capital	NOUN
ftr-358	482	41	gains	gain	NOUN
ftr-358	482	42	,	,	PUNCT
ftr-358	482	43	but	but	CCONJ
ftr-358	482	44	that	that	SCONJ
ftr-358	482	45	it	it	PRON
ftr-358	482	46	participate	participate	VERB
ftr-358	482	47	in	in	ADP
ftr-358	482	48	capital	capital	NOUN
ftr-358	482	49	losses	loss	NOUN
ftr-358	482	50	even	even	ADV
ftr-358	482	51	to	to	ADP
ftr-358	482	52	a	a	DET
ftr-358	482	53	greater	great	ADJ
ftr-358	482	54	extent	extent	NOUN
ftr-358	482	55	that	that	SCONJ
ftr-358	482	56	its	its	PRON
ftr-358	482	57	share	share	NOUN
ftr-358	482	58	of	of	ADP
ftr-358	482	59	ordinary	ordinary	ADJ
ftr-358	482	60	income	income	NOUN
ftr-358	482	61	.	.	PUNCT
ftr-358	483	1	during	during	ADP
ftr-358	483	2	periods	period	NOUN
ftr-358	483	3	of	of	ADP
ftr-358	483	4	inflation	inflation	NOUN
ftr-358	483	5	,	,	PUNCT
ftr-358	483	6	while	while	SCONJ
ftr-358	483	7	nominal	nominal	ADJ
ftr-358	483	8	gain	gain	NOUN
ftr-358	483	9	overstates	overstate	VERB
ftr-358	483	10	real	real	ADJ
ftr-358	483	11	gain	gain	NOUN
ftr-358	483	12	,	,	PUNCT
ftr-358	483	13	nominal	nominal	ADJ
ftr-358	483	14	losses	loss	NOUN
ftr-358	483	15	understate	understate	VERB
ftr-358	483	16	real	real	ADJ
ftr-358	483	17	losses	loss	NOUN
ftr-358	483	18	.	.	PUNCT
ftr-358	484	1	assume	assume	VERB
ftr-358	484	2	that	that	SCONJ
ftr-358	484	3	a	a	DET
ftr-358	484	4	taxpayer	taxpayer	NOUN
ftr-358	484	5	purchases	purchase	VERB
ftr-358	484	6	an	an	DET
ftr-358	484	7	asset	asset	NOUN
ftr-358	484	8	for	for	ADP
ftr-358	484	9	$	$	SYM
ftr-358	484	10	100	100	NUM
ftr-358	484	11	and	and	CCONJ
ftr-358	484	12	sells	sell	VERB
ftr-358	484	13	it	it	PRON
ftr-358	484	14	several	several	ADJ
ftr-358	484	15	years	year	NOUN
ftr-358	484	16	later	later	ADV
ftr-358	484	17	for	for	ADP
ftr-358	484	18	$	$	SYM
ftr-358	484	19	150	150	NUM
ftr-358	484	20	.	.	PUNCT
ftr-358	485	1	cumulative	cumulative	ADJ
ftr-358	485	2	inflation	inflation	NOUN
ftr-358	485	3	over	over	ADP
ftr-358	485	4	that	that	DET
ftr-358	485	5	time	time	NOUN
ftr-358	485	6	period	period	NOUN
ftr-358	485	7	was	be	AUX
ftr-358	485	8	30	30	NUM
ftr-358	485	9	%	%	NOUN
ftr-358	485	10	.	.	PUNCT
ftr-358	486	1	nominal	nominal	ADJ
ftr-358	486	2	gain	gain	NOUN
ftr-358	486	3	,	,	PUNCT
ftr-358	486	4	as	as	SCONJ
ftr-358	486	5	computed	compute	VERB
ftr-358	486	6	by	by	ADP
ftr-358	486	7	the	the	DET
ftr-358	486	8	provisions	provision	NOUN
ftr-358	486	9	of	of	ADP
ftr-358	486	10	the	the	DET
ftr-358	486	11	code	code	NOUN
ftr-358	486	12	is	be	AUX
ftr-358	486	13	$	$	SYM
ftr-358	486	14	50	50	NUM
ftr-358	486	15	.	.	PUNCT
ftr-358	487	1	real	real	ADJ
ftr-358	487	2	gain	gain	NOUN
ftr-358	487	3	,	,	PUNCT
ftr-358	487	4	however	however	ADV
ftr-358	487	5	,	,	PUNCT
ftr-358	487	6	is	be	AUX
ftr-358	487	7	only	only	ADV
ftr-358	487	8	$	$	SYM
ftr-358	487	9	20	20	NUM
ftr-358	487	10	.	.	PUNCT
ftr-358	488	1	were	be	AUX
ftr-358	488	2	nominal	nominal	ADJ
ftr-358	488	3	gain	gain	NOUN
ftr-358	488	4	taxed	tax	VERB
ftr-358	488	5	at	at	ADP
ftr-358	488	6	full	full	ADJ
ftr-358	488	7	rates	rate	NOUN
ftr-358	488	8	(	(	PUNCT
ftr-358	488	9	35	35	NUM
ftr-358	488	10	%	%	NOUN
ftr-358	488	11	)	)	PUNCT
ftr-358	488	12	,	,	PUNCT
ftr-358	488	13	the	the	DET
ftr-358	488	14	tax	tax	NOUN
ftr-358	488	15	would	would	AUX
ftr-358	488	16	be	be	AUX
ftr-358	488	17	$	$	SYM
ftr-358	488	18	17.50	17.50	NUM
ftr-358	488	19	(	(	PUNCT
ftr-358	488	20	$	$	SYM
ftr-358	488	21	50	50	NUM
ftr-358	488	22	x	x	SYM
ftr-358	488	23	35	35	NUM
ftr-358	488	24	%	%	NOUN
ftr-358	488	25	)	)	PUNCT
ftr-358	488	26	,	,	PUNCT
ftr-358	488	27	or	or	CCONJ
ftr-358	488	28	85	85	NUM
ftr-358	488	29	%	%	NOUN
ftr-358	488	30	(	(	PUNCT
ftr-358	488	31	$	$	SYM
ftr-358	488	32	17.50/$20	17.50/$20	NUM
ftr-358	488	33	)	)	PUNCT
ftr-358	488	34	of	of	ADP
ftr-358	488	35	the	the	DET
ftr-358	488	36	real	real	ADJ
ftr-358	488	37	gain	gain	NOUN
ftr-358	488	38	.	.	PUNCT
ftr-358	489	1	by	by	ADP
ftr-358	489	2	taxing	tax	VERB
ftr-358	489	3	long	long	ADJ
ftr-358	489	4	term	term	NOUN
ftr-358	489	5	capital	capital	NOUN
ftr-358	489	6	gain	gain	NOUN
ftr-358	489	7	at	at	ADP
ftr-358	489	8	the	the	DET
ftr-358	489	9	reduced	reduce	VERB
ftr-358	489	10	rate	rate	NOUN
ftr-358	489	11	of	of	ADP
ftr-358	489	12	15	15	NUM
ftr-358	489	13	%	%	NOUN
ftr-358	489	14	,	,	PUNCT
ftr-358	489	15	the	the	DET
ftr-358	489	16	tax	tax	NOUN
ftr-358	489	17	is	be	AUX
ftr-358	489	18	only	only	ADV
ftr-358	489	19	$	$	SYM
ftr-358	489	20	7.50	7.50	NUM
ftr-358	489	21	(	(	PUNCT
ftr-358	489	22	$	$	SYM
ftr-358	489	23	50	50	NUM
ftr-358	489	24	x	x	SYM
ftr-358	489	25	15	15	NUM
ftr-358	489	26	%	%	NOUN
ftr-358	489	27	)	)	PUNCT
ftr-358	489	28	,	,	PUNCT
ftr-358	489	29	or	or	CCONJ
ftr-358	489	30	37.5	37.5	NUM
ftr-358	489	31	%	%	NOUN
ftr-358	489	32	(	(	PUNCT
ftr-358	489	33	$	$	SYM
ftr-358	489	34	7.50/$20	7.50/$20	NUM
ftr-358	489	35	)	)	PUNCT
ftr-358	489	36	of	of	ADP
ftr-358	489	37	real	real	ADJ
ftr-358	489	38	gain	gain	NOUN
ftr-358	489	39	.	.	PUNCT
ftr-358	490	1	now	now	ADV
ftr-358	490	2	assume	assume	VERB
ftr-358	490	3	that	that	SCONJ
ftr-358	490	4	instead	instead	ADV
ftr-358	490	5	of	of	ADP
ftr-358	490	6	selling	sell	VERB
ftr-358	490	7	the	the	DET
ftr-358	490	8	asset	asset	NOUN
ftr-358	490	9	for	for	ADP
ftr-358	490	10	$	$	SYM
ftr-358	490	11	150	150	NUM
ftr-358	490	12	,	,	PUNCT
ftr-358	490	13	the	the	DET
ftr-358	490	14	taxpayer	taxpayer	NOUN
ftr-358	490	15	sells	sell	VERB
ftr-358	490	16	it	it	PRON
ftr-358	490	17	for	for	ADP
ftr-358	490	18	$	$	SYM
ftr-358	490	19	60	60	NUM
ftr-358	490	20	.	.	PUNCT
ftr-358	491	1	the	the	DET
ftr-358	491	2	nominal	nominal	ADJ
ftr-358	491	3	loss	loss	NOUN
ftr-358	491	4	,	,	PUNCT
ftr-358	491	5	as	as	SCONJ
ftr-358	491	6	computed	compute	VERB
ftr-358	491	7	by	by	ADP
ftr-358	491	8	the	the	DET
ftr-358	491	9	code	code	NOUN
ftr-358	491	10	,	,	PUNCT
ftr-358	491	11	is	be	AUX
ftr-358	491	12	only	only	ADV
ftr-358	491	13	$	$	SYM
ftr-358	491	14	40	40	NUM
ftr-358	491	15	(	(	PUNCT
ftr-358	491	16	$	$	SYM
ftr-358	491	17	100	100	NUM
ftr-358	491	18	$	$	SYM
ftr-358	491	19	60	60	NUM
ftr-358	491	20	)	)	PUNCT
ftr-358	491	21	;	;	PUNCT
ftr-358	491	22	the	the	DET
ftr-358	491	23	real	real	ADJ
ftr-358	491	24	loss	loss	NOUN
ftr-358	491	25	is	be	AUX
ftr-358	491	26	$	$	SYM
ftr-358	491	27	70	70	NUM
ftr-358	491	28	(	(	PUNCT
ftr-358	491	29	$	$	SYM
ftr-358	491	30	130	130	NUM
ftr-358	491	31	$	$	SYM
ftr-358	491	32	60	60	NUM
ftr-358	491	33	)	)	PUNCT
ftr-358	491	34	.	.	PUNCT
ftr-358	492	1	were	be	AUX
ftr-358	492	2	the	the	DET
ftr-358	492	3	taxpayer	taxpayer	NOUN
ftr-358	492	4	to	to	PART
ftr-358	492	5	deduct	deduct	VERB
ftr-358	492	6	the	the	DET
ftr-358	492	7	nominal	nominal	ADJ
ftr-358	492	8	loss	loss	NOUN
ftr-358	492	9	from	from	ADP
ftr-358	492	10	income	income	NOUN
ftr-358	492	11	subject	subject	NOUN
ftr-358	492	12	to	to	ADP
ftr-358	492	13	tax	tax	NOUN
ftr-358	492	14	at	at	ADP
ftr-358	492	15	the	the	DET
ftr-358	492	16	rate	rate	NOUN
ftr-358	492	17	of	of	ADP
ftr-358	492	18	15	15	NUM
ftr-358	492	19	%	%	NOUN
ftr-358	492	20	,	,	PUNCT
ftr-358	492	21	the	the	DET
ftr-358	492	22	tax	tax	NOUN
ftr-358	492	23	savings	saving	NOUN
ftr-358	492	24	would	would	AUX
ftr-358	492	25	be	be	AUX
ftr-358	492	26	$	$	SYM
ftr-358	492	27	6	6	NUM
ftr-358	492	28	(	(	PUNCT
ftr-358	492	29	$	$	SYM
ftr-358	492	30	40	40	NUM
ftr-358	492	31	x	x	SYM
ftr-358	492	32	15	15	NUM
ftr-358	492	33	%	%	NOUN
ftr-358	492	34	)	)	PUNCT
ftr-358	492	35	,	,	PUNCT
ftr-358	492	36	or	or	CCONJ
ftr-358	492	37	8.6	8.6	NUM
ftr-358	492	38	%	%	NOUN
ftr-358	492	39	(	(	PUNCT
ftr-358	492	40	$	$	SYM
ftr-358	492	41	6/$70	6/$70	NUM
ftr-358	492	42	)	)	PUNCT
ftr-358	492	43	of	of	ADP
ftr-358	492	44	the	the	DET
ftr-358	492	45	real	real	ADJ
ftr-358	492	46	loss	loss	NOUN
ftr-358	492	47	.	.	PUNCT
ftr-358	493	1	in	in	ADP
ftr-358	493	2	other	other	ADJ
ftr-358	493	3	words	word	NOUN
ftr-358	493	4	,	,	PUNCT
ftr-358	493	5	while	while	SCONJ
ftr-358	493	6	the	the	DET
ftr-358	493	7	government	government	NOUN
ftr-358	493	8	participates	participate	VERB
ftr-358	493	9	in	in	ADP
ftr-358	493	10	37.5	37.5	NUM
ftr-358	493	11	%	%	NOUN
ftr-358	493	12	of	of	ADP
ftr-358	493	13	the	the	DET
ftr-358	493	14	real	real	ADJ
ftr-358	493	15	gain	gain	NOUN
ftr-358	493	16	,	,	PUNCT
ftr-358	493	17	it	it	PRON
ftr-358	493	18	participates	participate	VERB
ftr-358	493	19	in	in	ADP
ftr-358	493	20	only	only	ADV
ftr-358	493	21	8.6	8.6	NUM
ftr-358	493	22	%	%	NOUN
ftr-358	493	23	of	of	ADP
ftr-358	493	24	the	the	DET
ftr-358	493	25	real	real	ADJ
ftr-358	493	26	loss	loss	NOUN
ftr-358	493	27	.	.	PUNCT
ftr-358	494	1	even	even	ADV
ftr-358	494	2	if	if	SCONJ
ftr-358	494	3	the	the	DET
ftr-358	494	4	loss	loss	NOUN
ftr-358	494	5	were	be	AUX
ftr-358	494	6	deductible	deductible	ADJ
ftr-358	494	7	against	against	ADP
ftr-358	494	8	income	income	NOUN
ftr-358	494	9	subject	subject	ADJ
ftr-358	494	10	to	to	ADP
ftr-358	494	11	the	the	DET
ftr-358	494	12	full	full	ADJ
ftr-358	494	13	rate	rate	NOUN
ftr-358	494	14	of	of	ADP
ftr-358	494	15	tax	tax	NOUN
ftr-358	494	16	(	(	PUNCT
ftr-358	494	17	35	35	NUM
ftr-358	494	18	%	%	NOUN
ftr-358	494	19	)	)	PUNCT
ftr-358	494	20	,	,	PUNCT
ftr-358	494	21	the	the	DET
ftr-358	494	22	tax	tax	NOUN
ftr-358	494	23	savings	saving	NOUN
ftr-358	494	24	of	of	ADP
ftr-358	494	25	$	$	SYM
ftr-358	494	26	14	14	NUM
ftr-358	494	27	(	(	PUNCT
ftr-358	494	28	$	$	SYM
ftr-358	494	29	40	40	NUM
ftr-358	494	30	x	x	SYM
ftr-358	494	31	35	35	NUM
ftr-358	494	32	%	%	NOUN
ftr-358	494	33	)	)	PUNCT
ftr-358	494	34	would	would	AUX
ftr-358	494	35	be	be	AUX
ftr-358	494	36	only	only	ADV
ftr-358	494	37	20	20	NUM
ftr-358	494	38	%	%	NOUN
ftr-358	494	39	(	(	PUNCT
ftr-358	494	40	$	$	SYM
ftr-358	494	41	14/$70	14/$70	NOUN
ftr-358	494	42	)	)	PUNCT
ftr-358	494	43	of	of	ADP
ftr-358	494	44	the	the	DET
ftr-358	494	45	real	real	ADJ
ftr-358	494	46	loss	loss	NOUN
ftr-358	494	47	.	.	PUNCT
ftr-358	495	1	again	again	ADV
ftr-358	495	2	the	the	DET
ftr-358	495	3	government	government	NOUN
ftr-358	495	4	participates	participate	VERB
ftr-358	495	5	to	to	ADP
ftr-358	495	6	a	a	DET
ftr-358	495	7	much	much	ADV
ftr-358	495	8	greater	great	ADJ
ftr-358	495	9	extent	extent	NOUN
ftr-358	495	10	in	in	ADP
ftr-358	495	11	gains	gain	NOUN
ftr-358	495	12	(	(	PUNCT
ftr-358	495	13	37.5	37.5	NUM
ftr-358	495	14	%	%	NOUN
ftr-358	495	15	)	)	PUNCT
ftr-358	495	16	than	than	ADP
ftr-358	495	17	in	in	ADP
ftr-358	495	18	losses	loss	NOUN
ftr-358	495	19	(	(	PUNCT
ftr-358	495	20	20	20	NUM
ftr-358	495	21	%	%	NOUN
ftr-358	495	22	)	)	PUNCT
ftr-358	495	23	.	.	PUNCT
ftr-358	496	1	another	another	DET
ftr-358	496	2	justification	justification	NOUN
ftr-358	496	3	for	for	ADP
ftr-358	496	4	the	the	DET
ftr-358	496	5	preferential	preferential	ADJ
ftr-358	496	6	rate	rate	NOUN
ftr-358	496	7	imposed	impose	VERB
ftr-358	496	8	on	on	ADP
ftr-358	496	9	capital	capital	NOUN
ftr-358	496	10	gain	gain	NOUN
ftr-358	496	11	is	be	AUX
ftr-358	496	12	the	the	DET
ftr-358	496	13	problem	problem	NOUN
ftr-358	496	14	of	of	ADP
ftr-358	496	15	international	international	ADJ
ftr-358	496	16	tax	tax	NOUN
ftr-358	496	17	competition	competition	NOUN
ftr-358	496	18	(	(	PUNCT
ftr-358	496	19	the	the	DET
ftr-358	496	20	infamous	infamous	ADJ
ftr-358	496	21	“	"	PUNCT
ftr-358	496	22	race	race	NOUN
ftr-358	496	23	to	to	ADP
ftr-358	496	24	the	the	DET
ftr-358	496	25	bottom	bottom	NOUN
ftr-358	496	26	”	"	PUNCT
ftr-358	496	27	)	)	PUNCT
ftr-358	496	28	.	.	PUNCT
ftr-358	497	1	if	if	SCONJ
ftr-358	497	2	this	this	PRON
ftr-358	497	3	is	be	AUX
ftr-358	497	4	the	the	DET
ftr-358	497	5	reason	reason	NOUN
ftr-358	497	6	for	for	ADP
ftr-358	497	7	the	the	DET
ftr-358	497	8	preference	preference	NOUN
ftr-358	497	9	,	,	PUNCT
ftr-358	497	10	then	then	ADV
ftr-358	497	11	seemingly	seemingly	ADV
ftr-358	497	12	the	the	DET
ftr-358	497	13	extent	extent	NOUN
ftr-358	497	14	to	to	PART
ftr-358	497	15	which	which	PRON
ftr-358	497	16	the	the	DET
ftr-358	497	17	government	government	NOUN
ftr-358	497	18	should	should	AUX
ftr-358	497	19	participate	participate	VERB
ftr-358	497	20	in	in	ADP
ftr-358	497	21	losses	loss	NOUN
ftr-358	497	22	would	would	AUX
ftr-358	497	23	also	also	ADV
ftr-358	497	24	be	be	AUX
ftr-358	497	25	a	a	DET
ftr-358	497	26	product	product	NOUN
ftr-358	497	27	of	of	ADP
ftr-358	497	28	that	that	DET
ftr-358	497	29	same	same	ADJ
ftr-358	497	30	competition	competition	NOUN
ftr-358	497	31	.	.	PUNCT
ftr-358	498	1	if	if	SCONJ
ftr-358	498	2	the	the	DET
ftr-358	498	3	government	government	NOUN
ftr-358	498	4	can	can	AUX
ftr-358	498	5	get	get	VERB
ftr-358	498	6	away	away	ADV
ftr-358	498	7	with	with	ADP
ftr-358	498	8	limiting	limit	VERB
ftr-358	498	9	the	the	DET
ftr-358	498	10	deduction	deduction	NOUN
ftr-358	498	11	of	of	ADP
ftr-358	498	12	losses	loss	NOUN
ftr-358	498	13	,	,	PUNCT
ftr-358	498	14	then	then	ADV
ftr-358	498	15	it	it	PRON
ftr-358	498	16	can	can	AUX
ftr-358	498	17	,	,	PUNCT
ftr-358	498	18	in	in	ADP
ftr-358	498	19	some	some	DET
ftr-358	498	20	small	small	ADJ
ftr-358	498	21	measure	measure	NOUN
ftr-358	498	22	,	,	PUNCT
ftr-358	498	23	make	make	VERB
ftr-358	498	24	up	up	ADP
ftr-358	498	25	some	some	PRON
ftr-358	498	26	of	of	ADP
ftr-358	498	27	the	the	DET
ftr-358	498	28	cost	cost	NOUN
ftr-358	498	29	of	of	ADP
ftr-358	498	30	the	the	DET
ftr-358	498	31	capital	capital	NOUN
ftr-358	498	32	gains	gain	NOUN
ftr-358	498	33	preference	preference	NOUN
ftr-358	498	34	.	.	PUNCT
ftr-358	499	1	on	on	ADP
ftr-358	499	2	the	the	DET
ftr-358	499	3	other	other	ADJ
ftr-358	499	4	hand	hand	NOUN
ftr-358	499	5	,	,	PUNCT
ftr-358	499	6	were	be	AUX
ftr-358	499	7	other	other	ADJ
ftr-358	499	8	countries	country	NOUN
ftr-358	499	9	to	to	PART
ftr-358	499	10	offer	offer	VERB
ftr-358	499	11	preferential	preferential	ADJ
ftr-358	499	12	rates	rate	NOUN
ftr-358	499	13	on	on	ADP
ftr-358	499	14	capital	capital	NOUN
ftr-358	499	15	gains	gain	NOUN
ftr-358	499	16	coupled	couple	VERB
ftr-358	499	17	with	with	ADP
ftr-358	499	18	unrestricted	unrestricted	ADJ
ftr-358	499	19	deduction	deduction	NOUN
ftr-358	499	20	of	of	ADP
ftr-358	499	21	losses	loss	NOUN
ftr-358	499	22	—	—	PUNCT
ftr-358	499	23	a	a	DET
ftr-358	499	24	situation	situation	NOUN
ftr-358	499	25	that	that	SCONJ
ftr-358	499	26	,	,	PUNCT
ftr-358	499	27	to	to	ADP
ftr-358	499	28	the	the	DET
ftr-358	499	29	best	good	ADJ
ftr-358	499	30	of	of	ADP
ftr-358	499	31	the	the	DET
ftr-358	499	32	author	author	NOUN
ftr-358	499	33	’s	’s	PART
ftr-358	499	34	knowledge	knowledge	NOUN
ftr-358	499	35	,	,	PUNCT
ftr-358	499	36	does	do	AUX
ftr-358	499	37	not	not	PART
ftr-358	499	38	exist	exist	VERB
ftr-358	499	39	today	today	NOUN
ftr-358	499	40	—	—	PUNCT
ftr-358	499	41	then	then	ADV
ftr-358	499	42	the	the	DET
ftr-358	499	43	united	united	PROPN
ftr-358	499	44	states	states	PROPN
ftr-358	499	45	might	might	AUX
ftr-358	499	46	be	be	AUX
ftr-358	499	47	forced	force	VERB
ftr-358	499	48	to	to	PART
ftr-358	499	49	follow	follow	VERB
ftr-358	499	50	suit	suit	NOUN
ftr-358	499	51	.	.	PUNCT
ftr-358	500	1	in	in	ADP
ftr-358	500	2	other	other	ADJ
ftr-358	500	3	words	word	NOUN
ftr-358	500	4	,	,	PUNCT
ftr-358	500	5	the	the	DET
ftr-358	500	6	fact	fact	NOUN
ftr-358	500	7	that	that	SCONJ
ftr-358	500	8	gains	gain	NOUN
ftr-358	500	9	are	be	AUX
ftr-358	500	10	taxed	tax	VERB
ftr-358	500	11	at	at	ADP
ftr-358	500	12	a	a	DET
ftr-358	500	13	preferential	preferential	ADJ
ftr-358	500	14	rate	rate	NOUN
ftr-358	500	15	does	do	AUX
ftr-358	500	16	not	not	PART
ftr-358	500	17	necessarily	necessarily	ADV
ftr-358	500	18	imply	imply	VERB
ftr-358	500	19	that	that	SCONJ
ftr-358	500	20	allowing	allow	VERB
ftr-358	500	21	full	full	ADJ
ftr-358	500	22	deduction	deduction	NOUN
ftr-358	500	23	of	of	ADP
ftr-358	500	24	capital	capital	NOUN
ftr-358	500	25	losses	loss	NOUN
ftr-358	500	26	is	be	AUX
ftr-358	500	27	2010	2010	NUM
ftr-358	500	28	]	]	PUNCT
ftr-358	500	29	the	the	DET
ftr-358	500	30	myth	myth	NOUN
ftr-358	500	31	of	of	ADP
ftr-358	500	32	realization	realization	NOUN
ftr-358	500	33	:	:	PUNCT
ftr-358	500	34	mark	mark	NOUN
ftr-358	500	35	-	-	PUNCT
ftr-358	500	36	to	to	ADP
ftr-358	500	37	-	-	PUNCT
ftr-358	500	38	market	market	NOUN
ftr-358	500	39	taxation	taxation	NOUN
ftr-358	500	40	399	399	NUM
ftr-358	500	41	inappropriate.41	inappropriate.41	ADV
ftr-358	500	42	however	however	ADV
ftr-358	500	43	,	,	PUNCT
ftr-358	500	44	even	even	ADV
ftr-358	500	45	if	if	SCONJ
ftr-358	500	46	as	as	ADP
ftr-358	500	47	a	a	DET
ftr-358	500	48	matter	matter	NOUN
ftr-358	500	49	of	of	ADP
ftr-358	500	50	policy	policy	NOUN
ftr-358	500	51	it	it	PRON
ftr-358	500	52	is	be	AUX
ftr-358	500	53	determined	determine	VERB
ftr-358	500	54	that	that	SCONJ
ftr-358	500	55	the	the	DET
ftr-358	500	56	tax	tax	NOUN
ftr-358	500	57	benefit	benefit	NOUN
ftr-358	500	58	from	from	ADP
ftr-358	500	59	losses	loss	NOUN
ftr-358	500	60	should	should	AUX
ftr-358	500	61	not	not	PART
ftr-358	500	62	exceed	exceed	VERB
ftr-358	500	63	the	the	DET
ftr-358	500	64	rate	rate	NOUN
ftr-358	500	65	of	of	ADP
ftr-358	500	66	tax	tax	NOUN
ftr-358	500	67	that	that	PRON
ftr-358	500	68	would	would	AUX
ftr-358	500	69	have	have	AUX
ftr-358	500	70	been	be	AUX
ftr-358	500	71	imposed	impose	VERB
ftr-358	500	72	in	in	ADP
ftr-358	500	73	the	the	DET
ftr-358	500	74	case	case	NOUN
ftr-358	500	75	of	of	ADP
ftr-358	500	76	a	a	DET
ftr-358	500	77	gain	gain	NOUN
ftr-358	500	78	,	,	PUNCT
ftr-358	500	79	there	there	PRON
ftr-358	500	80	are	be	VERB
ftr-358	500	81	techniques	technique	NOUN
ftr-358	500	82	that	that	PRON
ftr-358	500	83	would	would	AUX
ftr-358	500	84	allow	allow	VERB
ftr-358	500	85	capital	capital	NOUN
ftr-358	500	86	losses	loss	NOUN
ftr-358	500	87	in	in	ADP
ftr-358	500	88	excess	excess	NOUN
ftr-358	500	89	of	of	ADP
ftr-358	500	90	capital	capital	NOUN
ftr-358	500	91	gains	gain	NOUN
ftr-358	500	92	to	to	PART
ftr-358	500	93	be	be	AUX
ftr-358	500	94	taken	take	VERB
ftr-358	500	95	into	into	ADP
ftr-358	500	96	consideration	consideration	NOUN
ftr-358	500	97	for	for	ADP
ftr-358	500	98	tax	tax	NOUN
ftr-358	500	99	purposes	purpose	NOUN
ftr-358	500	100	,	,	PUNCT
ftr-358	500	101	without	without	ADP
ftr-358	500	102	forcing	force	VERB
ftr-358	500	103	the	the	DET
ftr-358	500	104	government	government	NOUN
ftr-358	500	105	to	to	PART
ftr-358	500	106	participate	participate	VERB
ftr-358	500	107	in	in	ADP
ftr-358	500	108	losses	loss	NOUN
ftr-358	500	109	to	to	ADP
ftr-358	500	110	a	a	DET
ftr-358	500	111	greater	great	ADJ
ftr-358	500	112	extent	extent	NOUN
ftr-358	500	113	than	than	SCONJ
ftr-358	500	114	it	it	PRON
ftr-358	500	115	participates	participate	VERB
ftr-358	500	116	in	in	ADP
ftr-358	500	117	gains	gain	NOUN
ftr-358	500	118	.	.	PUNCT
ftr-358	501	1	for	for	ADP
ftr-358	501	2	example	example	NOUN
ftr-358	501	3	,	,	PUNCT
ftr-358	501	4	where	where	SCONJ
ftr-358	501	5	capital	capital	NOUN
ftr-358	501	6	losses	loss	NOUN
ftr-358	501	7	exceed	exceed	VERB
ftr-358	501	8	capital	capital	NOUN
ftr-358	501	9	gains	gain	NOUN
ftr-358	501	10	,	,	PUNCT
ftr-358	501	11	the	the	DET
ftr-358	501	12	taxpayer	taxpayer	NOUN
ftr-358	501	13	,	,	PUNCT
ftr-358	501	14	instead	instead	ADV
ftr-358	501	15	of	of	ADP
ftr-358	501	16	deducting	deduct	VERB
ftr-358	501	17	the	the	DET
ftr-358	501	18	loss	loss	NOUN
ftr-358	501	19	,	,	PUNCT
ftr-358	501	20	could	could	AUX
ftr-358	501	21	be	be	AUX
ftr-358	501	22	granted	grant	VERB
ftr-358	501	23	a	a	DET
ftr-358	501	24	credit	credit	NOUN
ftr-358	501	25	equal	equal	ADJ
ftr-358	501	26	to	to	ADP
ftr-358	501	27	the	the	DET
ftr-358	501	28	excess	excess	ADJ
ftr-358	501	29	times	time	NOUN
ftr-358	501	30	the	the	DET
ftr-358	501	31	capital	capital	NOUN
ftr-358	501	32	gains	gain	VERB
ftr-358	501	33	tax	tax	NOUN
ftr-358	501	34	rate	rate	NOUN
ftr-358	501	35	.	.	PUNCT
ftr-358	502	1	assume	assume	VERB
ftr-358	502	2	that	that	SCONJ
ftr-358	502	3	a	a	DET
ftr-358	502	4	taxpayer	taxpayer	NOUN
ftr-358	502	5	has	have	VERB
ftr-358	502	6	a	a	DET
ftr-358	502	7	capital	capital	NOUN
ftr-358	502	8	loss	loss	NOUN
ftr-358	502	9	of	of	ADP
ftr-358	502	10	$	$	SYM
ftr-358	502	11	100	100	NUM
ftr-358	502	12	and	and	CCONJ
ftr-358	502	13	ordinary	ordinary	ADJ
ftr-358	502	14	income	income	NOUN
ftr-358	502	15	of	of	ADP
ftr-358	502	16	$	$	SYM
ftr-358	502	17	300	300	NUM
ftr-358	502	18	and	and	CCONJ
ftr-358	502	19	that	that	SCONJ
ftr-358	502	20	capital	capital	NOUN
ftr-358	502	21	gains	gain	NOUN
ftr-358	502	22	are	be	AUX
ftr-358	502	23	taxed	tax	VERB
ftr-358	502	24	at	at	ADP
ftr-358	502	25	15	15	NUM
ftr-358	502	26	%	%	NOUN
ftr-358	502	27	while	while	SCONJ
ftr-358	502	28	ordinary	ordinary	ADJ
ftr-358	502	29	income	income	NOUN
ftr-358	502	30	is	be	AUX
ftr-358	502	31	taxed	tax	VERB
ftr-358	502	32	at	at	ADP
ftr-358	502	33	35	35	NUM
ftr-358	502	34	%	%	NOUN
ftr-358	502	35	(	(	PUNCT
ftr-358	502	36	for	for	ADP
ftr-358	502	37	the	the	DET
ftr-358	502	38	sake	sake	NOUN
ftr-358	502	39	of	of	ADP
ftr-358	502	40	convenience	convenience	NOUN
ftr-358	502	41	,	,	PUNCT
ftr-358	502	42	we	we	PRON
ftr-358	502	43	will	will	AUX
ftr-358	502	44	ignore	ignore	VERB
ftr-358	502	45	the	the	DET
ftr-358	502	46	progressive	progressive	ADJ
ftr-358	502	47	rate	rate	NOUN
ftr-358	502	48	structure	structure	NOUN
ftr-358	502	49	)	)	PUNCT
ftr-358	502	50	.	.	PUNCT
ftr-358	503	1	the	the	DET
ftr-358	503	2	law	law	NOUN
ftr-358	503	3	as	as	SCONJ
ftr-358	503	4	it	it	PRON
ftr-358	503	5	stands	stand	VERB
ftr-358	503	6	today	today	NOUN
ftr-358	503	7	would	would	AUX
ftr-358	503	8	not	not	PART
ftr-358	503	9	allow	allow	VERB
ftr-358	503	10	the	the	DET
ftr-358	503	11	deduction	deduction	NOUN
ftr-358	503	12	of	of	ADP
ftr-358	503	13	the	the	DET
ftr-358	503	14	capital	capital	NOUN
ftr-358	503	15	loss	loss	NOUN
ftr-358	503	16	,	,	PUNCT
ftr-358	503	17	so	so	SCONJ
ftr-358	503	18	the	the	DET
ftr-358	503	19	taxpayer	taxpayer	NOUN
ftr-358	503	20	would	would	AUX
ftr-358	503	21	pay	pay	VERB
ftr-358	503	22	tax	tax	NOUN
ftr-358	503	23	of	of	ADP
ftr-358	503	24	$	$	SYM
ftr-358	503	25	105	105	NUM
ftr-358	503	26	(	(	PUNCT
ftr-358	503	27	$	$	SYM
ftr-358	503	28	300	300	NUM
ftr-358	503	29	x	x	SYM
ftr-358	503	30	35	35	NUM
ftr-358	503	31	%	%	NOUN
ftr-358	503	32	)	)	PUNCT
ftr-358	503	33	.	.	PUNCT
ftr-358	504	1	this	this	PRON
ftr-358	504	2	is	be	AUX
ftr-358	504	3	inappropriate	inappropriate	ADJ
ftr-358	504	4	as	as	ADP
ftr-358	504	5	accession	accession	NOUN
ftr-358	504	6	to	to	ADP
ftr-358	504	7	wealth	wealth	NOUN
ftr-358	504	8	was	be	AUX
ftr-358	504	9	only	only	ADV
ftr-358	504	10	$	$	SYM
ftr-358	504	11	200	200	NUM
ftr-358	504	12	,	,	PUNCT
ftr-358	504	13	and	and	CCONJ
ftr-358	504	14	yet	yet	ADV
ftr-358	504	15	the	the	DET
ftr-358	504	16	taxpayer	taxpayer	NOUN
ftr-358	504	17	is	be	AUX
ftr-358	504	18	taxed	tax	VERB
ftr-358	504	19	as	as	SCONJ
ftr-358	504	20	if	if	SCONJ
ftr-358	504	21	accession	accession	NOUN
ftr-358	504	22	to	to	ADP
ftr-358	504	23	wealth	wealth	NOUN
ftr-358	504	24	had	have	AUX
ftr-358	504	25	been	be	AUX
ftr-358	504	26	$	$	SYM
ftr-358	504	27	300	300	NUM
ftr-358	504	28	.	.	PUNCT
ftr-358	505	1	allowing	allow	VERB
ftr-358	505	2	a	a	DET
ftr-358	505	3	deduction	deduction	NOUN
ftr-358	505	4	might	might	AUX
ftr-358	505	5	also	also	ADV
ftr-358	505	6	be	be	AUX
ftr-358	505	7	considered	consider	VERB
ftr-358	505	8	inappropriate	inappropriate	ADJ
ftr-358	505	9	.	.	PUNCT
ftr-358	506	1	true	true	ADJ
ftr-358	506	2	,	,	PUNCT
ftr-358	506	3	accession	accession	NOUN
ftr-358	506	4	to	to	ADP
ftr-358	506	5	wealth	wealth	NOUN
ftr-358	506	6	is	be	AUX
ftr-358	506	7	$	$	SYM
ftr-358	506	8	200	200	NUM
ftr-358	506	9	and	and	CCONJ
ftr-358	506	10	the	the	DET
ftr-358	506	11	taxpayer	taxpayer	NOUN
ftr-358	506	12	would	would	AUX
ftr-358	506	13	pay	pay	VERB
ftr-358	506	14	tax	tax	NOUN
ftr-358	506	15	of	of	ADP
ftr-358	506	16	$	$	SYM
ftr-358	506	17	70	70	NUM
ftr-358	506	18	(	(	PUNCT
ftr-358	506	19	$	$	SYM
ftr-358	506	20	200	200	NUM
ftr-358	506	21	x	x	SYM
ftr-358	506	22	35	35	NUM
ftr-358	506	23	%	%	NOUN
ftr-358	506	24	)	)	PUNCT
ftr-358	506	25	;	;	PUNCT
ftr-358	506	26	nevertheless	nevertheless	ADV
ftr-358	506	27	,	,	PUNCT
ftr-358	506	28	the	the	DET
ftr-358	506	29	government	government	NOUN
ftr-358	506	30	is	be	AUX
ftr-358	506	31	in	in	ADP
ftr-358	506	32	effect	effect	NOUN
ftr-358	506	33	covering	cover	VERB
ftr-358	506	34	35	35	NUM
ftr-358	506	35	%	%	NOUN
ftr-358	506	36	of	of	ADP
ftr-358	506	37	the	the	DET
ftr-358	506	38	loss	loss	NOUN
ftr-358	506	39	,	,	PUNCT
ftr-358	506	40	while	while	SCONJ
ftr-358	506	41	it	it	PRON
ftr-358	506	42	would	would	AUX
ftr-358	506	43	only	only	ADV
ftr-358	506	44	have	have	AUX
ftr-358	506	45	participated	participate	VERB
ftr-358	506	46	in	in	ADP
ftr-358	506	47	15	15	NUM
ftr-358	506	48	%	%	NOUN
ftr-358	506	49	of	of	ADP
ftr-358	506	50	the	the	DET
ftr-358	506	51	gain	gain	NOUN
ftr-358	506	52	.	.	PUNCT
ftr-358	507	1	the	the	DET
ftr-358	507	2	proposed	propose	VERB
ftr-358	507	3	solution	solution	NOUN
ftr-358	507	4	is	be	AUX
ftr-358	507	5	for	for	SCONJ
ftr-358	507	6	the	the	DET
ftr-358	507	7	taxpayer	taxpayer	NOUN
ftr-358	507	8	to	to	PART
ftr-358	507	9	receive	receive	VERB
ftr-358	507	10	a	a	DET
ftr-358	507	11	credit	credit	NOUN
ftr-358	507	12	for	for	ADP
ftr-358	507	13	the	the	DET
ftr-358	507	14	loss	loss	NOUN
ftr-358	507	15	in	in	ADP
ftr-358	507	16	the	the	DET
ftr-358	507	17	amount	amount	NOUN
ftr-358	507	18	of	of	ADP
ftr-358	507	19	$	$	SYM
ftr-358	507	20	15	15	NUM
ftr-358	507	21	(	(	PUNCT
ftr-358	507	22	$	$	SYM
ftr-358	507	23	100	100	NUM
ftr-358	507	24	x	x	SYM
ftr-358	507	25	15	15	NUM
ftr-358	507	26	%	%	NOUN
ftr-358	507	27	)	)	PUNCT
ftr-358	507	28	.	.	PUNCT
ftr-358	508	1	the	the	DET
ftr-358	508	2	total	total	ADJ
ftr-358	508	3	tax	tax	NOUN
ftr-358	508	4	liability	liability	NOUN
ftr-358	508	5	would	would	AUX
ftr-358	508	6	be	be	AUX
ftr-358	508	7	(	(	PUNCT
ftr-358	508	8	$	$	SYM
ftr-358	508	9	300	300	NUM
ftr-358	508	10	x	x	SYM
ftr-358	508	11	35	35	NUM
ftr-358	508	12	%	%	NOUN
ftr-358	508	13	)	)	PUNCT
ftr-358	508	14	–	–	PUNCT
ftr-358	508	15	(	(	PUNCT
ftr-358	508	16	$	$	SYM
ftr-358	508	17	100	100	NUM
ftr-358	508	18	x	x	SYM
ftr-358	508	19	15	15	NUM
ftr-358	508	20	%	%	NOUN
ftr-358	508	21	)	)	PUNCT
ftr-358	509	1	=	=	PUNCT
ftr-358	509	2	$	$	SYM
ftr-358	509	3	90	90	NUM
ftr-358	509	4	.	.	PUNCT
ftr-358	510	1	the	the	DET
ftr-358	510	2	loss	loss	NOUN
ftr-358	510	3	would	would	AUX
ftr-358	510	4	thus	thus	ADV
ftr-358	510	5	result	result	VERB
ftr-358	510	6	in	in	ADP
ftr-358	510	7	an	an	DET
ftr-358	510	8	immediate	immediate	ADJ
ftr-358	510	9	tax	tax	NOUN
ftr-358	510	10	benefit	benefit	NOUN
ftr-358	510	11	,	,	PUNCT
ftr-358	510	12	while	while	SCONJ
ftr-358	510	13	not	not	PART
ftr-358	510	14	requiring	require	VERB
ftr-358	510	15	the	the	DET
ftr-358	510	16	government	government	NOUN
ftr-358	510	17	to	to	PART
ftr-358	510	18	participate	participate	VERB
ftr-358	510	19	in	in	ADP
ftr-358	510	20	the	the	DET
ftr-358	510	21	loss	loss	NOUN
ftr-358	510	22	to	to	ADP
ftr-358	510	23	a	a	DET
ftr-358	510	24	greater	great	ADJ
ftr-358	510	25	extent	extent	NOUN
ftr-358	510	26	than	than	SCONJ
ftr-358	510	27	it	it	PRON
ftr-358	510	28	would	would	AUX
ftr-358	510	29	have	have	AUX
ftr-358	510	30	participated	participate	VERB
ftr-358	510	31	in	in	ADP
ftr-358	510	32	a	a	DET
ftr-358	510	33	gain	gain	NOUN
ftr-358	510	34	.	.	PUNCT
ftr-358	511	1	an	an	DET
ftr-358	511	2	equivalent	equivalent	ADJ
ftr-358	511	3	technique	technique	NOUN
ftr-358	511	4	would	would	AUX
ftr-358	511	5	be	be	AUX
ftr-358	511	6	to	to	PART
ftr-358	511	7	allow	allow	VERB
ftr-358	511	8	the	the	DET
ftr-358	511	9	loss	loss	NOUN
ftr-358	511	10	to	to	PART
ftr-358	511	11	be	be	AUX
ftr-358	511	12	deducted	deduct	VERB
ftr-358	511	13	but	but	CCONJ
ftr-358	511	14	first	first	ADV
ftr-358	511	15	to	to	PART
ftr-358	511	16	multiply	multiply	VERB
ftr-358	511	17	it	it	PRON
ftr-358	511	18	by	by	ADP
ftr-358	511	19	the	the	DET
ftr-358	511	20	ratio	ratio	NOUN
ftr-358	511	21	of	of	ADP
ftr-358	511	22	the	the	DET
ftr-358	511	23	capital	capital	NOUN
ftr-358	511	24	gains	gain	NOUN
ftr-358	511	25	rate	rate	NOUN
ftr-358	511	26	to	to	ADP
ftr-358	511	27	the	the	DET
ftr-358	511	28	taxpayer	taxpayer	NOUN
ftr-358	511	29	’s	’s	PART
ftr-358	511	30	marginal	marginal	ADJ
ftr-358	511	31	tax	tax	NOUN
ftr-358	511	32	rate	rate	NOUN
ftr-358	511	33	.	.	PUNCT
ftr-358	512	1	in	in	ADP
ftr-358	512	2	the	the	DET
ftr-358	512	3	example	example	NOUN
ftr-358	512	4	,	,	PUNCT
ftr-358	512	5	the	the	DET
ftr-358	512	6	taxpayer	taxpayer	NOUN
ftr-358	512	7	would	would	AUX
ftr-358	512	8	be	be	AUX
ftr-358	512	9	entitled	entitle	VERB
ftr-358	512	10	to	to	ADP
ftr-358	512	11	a	a	DET
ftr-358	512	12	deduction	deduction	NOUN
ftr-358	512	13	of	of	ADP
ftr-358	512	14	$	$	SYM
ftr-358	512	15	100	100	NUM
ftr-358	512	16	x	x	SYM
ftr-358	512	17	15%/35	15%/35	NUM
ftr-358	512	18	%	%	NOUN
ftr-358	512	19	=	=	NOUN
ftr-358	512	20	$	$	SYM
ftr-358	512	21	43	43	NUM
ftr-358	512	22	.	.	PUNCT
ftr-358	513	1	taxable	taxable	ADJ
ftr-358	513	2	income	income	NOUN
ftr-358	513	3	would	would	AUX
ftr-358	513	4	be	be	AUX
ftr-358	513	5	$	$	SYM
ftr-358	513	6	257	257	NUM
ftr-358	513	7	(	(	PUNCT
ftr-358	513	8	$	$	SYM
ftr-358	513	9	300	300	NUM
ftr-358	513	10	–	–	PUNCT
ftr-358	513	11	$	$	SYM
ftr-358	513	12	43	43	NUM
ftr-358	513	13	)	)	PUNCT
ftr-358	513	14	,	,	PUNCT
ftr-358	513	15	and	and	CCONJ
ftr-358	513	16	the	the	DET
ftr-358	513	17	tax	tax	NOUN
ftr-358	513	18	would	would	AUX
ftr-358	513	19	be	be	AUX
ftr-358	513	20	$	$	SYM
ftr-358	513	21	90	90	NUM
ftr-358	513	22	(	(	PUNCT
ftr-358	513	23	$	$	SYM
ftr-358	513	24	257	257	NUM
ftr-358	513	25	x	x	SYM
ftr-358	513	26	35	35	NUM
ftr-358	513	27	%	%	NOUN
ftr-358	513	28	)	)	PUNCT
ftr-358	513	29	.	.	PUNCT
ftr-358	514	1	abolishing	abolish	VERB
ftr-358	514	2	the	the	DET
ftr-358	514	3	realization	realization	NOUN
ftr-358	514	4	requirement	requirement	NOUN
ftr-358	514	5	for	for	ADP
ftr-358	514	6	publicly	publicly	ADV
ftr-358	514	7	-	-	PUNCT
ftr-358	514	8	traded	trade	VERB
ftr-358	514	9	securities	security	NOUN
ftr-358	514	10	would	would	AUX
ftr-358	514	11	eliminate	eliminate	VERB
ftr-358	514	12	the	the	DET
ftr-358	514	13	problem	problem	NOUN
ftr-358	514	14	of	of	ADP
ftr-358	514	15	cherry	cherry	NOUN
ftr-358	514	16	picking	picking	NOUN
ftr-358	514	17	.	.	PUNCT
ftr-358	515	1	once	once	SCONJ
ftr-358	515	2	that	that	DET
ftr-358	515	3	problem	problem	NOUN
ftr-358	515	4	is	be	AUX
ftr-358	515	5	resolved	resolve	VERB
ftr-358	515	6	,	,	PUNCT
ftr-358	515	7	the	the	DET
ftr-358	515	8	question	question	NOUN
ftr-358	515	9	of	of	ADP
ftr-358	515	10	how	how	SCONJ
ftr-358	515	11	to	to	PART
ftr-358	515	12	account	account	VERB
ftr-358	515	13	for	for	ADP
ftr-358	515	14	capital	capital	NOUN
ftr-358	515	15	losses	loss	NOUN
ftr-358	515	16	given	give	VERB
ftr-358	515	17	the	the	DET
ftr-358	515	18	capital	capital	NOUN
ftr-358	515	19	gains	gain	NOUN
ftr-358	515	20	preference	preference	NOUN
ftr-358	515	21	(	(	PUNCT
ftr-358	515	22	assuming	assume	VERB
ftr-358	515	23	that	that	SCONJ
ftr-358	515	24	for	for	ADP
ftr-358	515	25	reasons	reason	NOUN
ftr-358	515	26	of	of	ADP
ftr-358	515	27	policy	policy	NOUN
ftr-358	515	28	the	the	DET
ftr-358	515	29	government	government	NOUN
ftr-358	515	30	does	do	AUX
ftr-358	515	31	not	not	PART
ftr-358	515	32	want	want	VERB
ftr-358	515	33	to	to	PART
ftr-358	515	34	participate	participate	VERB
ftr-358	515	35	in	in	ADP
ftr-358	515	36	losses	loss	NOUN
ftr-358	515	37	beyond	beyond	ADP
ftr-358	515	38	the	the	DET
ftr-358	515	39	extent	extent	NOUN
ftr-358	515	40	of	of	ADP
ftr-358	515	41	its	its	PRON
ftr-358	515	42	participation	participation	NOUN
ftr-358	515	43	in	in	ADP
ftr-358	515	44	gains	gain	NOUN
ftr-358	515	45	)	)	PUNCT
ftr-358	515	46	becomes	become	VERB
ftr-358	515	47	a	a	DET
ftr-358	515	48	relatively	relatively	ADV
ftr-358	515	49	simple	simple	ADJ
ftr-358	515	50	technical	technical	ADJ
ftr-358	515	51	issue	issue	NOUN
ftr-358	515	52	.	.	PUNCT
ftr-358	516	1	41	41	NUM
ftr-358	516	2	.	.	PUNCT
ftr-358	517	1	the	the	DET
ftr-358	517	2	preferential	preferential	ADJ
ftr-358	517	3	rate	rate	NOUN
ftr-358	517	4	can	can	AUX
ftr-358	517	5	also	also	ADV
ftr-358	517	6	be	be	AUX
ftr-358	517	7	justified	justify	VERB
ftr-358	517	8	as	as	ADP
ftr-358	517	9	compensation	compensation	NOUN
ftr-358	517	10	for	for	ADP
ftr-358	517	11	the	the	DET
ftr-358	517	12	restriction	restriction	NOUN
ftr-358	517	13	on	on	ADP
ftr-358	517	14	deduction	deduction	NOUN
ftr-358	517	15	of	of	ADP
ftr-358	517	16	capital	capital	NOUN
ftr-358	517	17	losses	loss	NOUN
ftr-358	517	18	.	.	PUNCT
ftr-358	518	1	because	because	SCONJ
ftr-358	518	2	of	of	ADP
ftr-358	518	3	the	the	DET
ftr-358	518	4	problem	problem	NOUN
ftr-358	518	5	of	of	ADP
ftr-358	518	6	cherry	cherry	NOUN
ftr-358	518	7	picking	picking	NOUN
ftr-358	518	8	,	,	PUNCT
ftr-358	518	9	congress	congress	PROPN
ftr-358	518	10	may	may	AUX
ftr-358	518	11	have	have	AUX
ftr-358	518	12	had	have	VERB
ftr-358	518	13	no	no	DET
ftr-358	518	14	choice	choice	NOUN
ftr-358	518	15	but	but	SCONJ
ftr-358	518	16	to	to	PART
ftr-358	518	17	restrict	restrict	VERB
ftr-358	518	18	the	the	DET
ftr-358	518	19	deduction	deduction	NOUN
ftr-358	518	20	of	of	ADP
ftr-358	518	21	capital	capital	NOUN
ftr-358	518	22	losses	loss	NOUN
ftr-358	518	23	.	.	PUNCT
ftr-358	519	1	this	this	DET
ftr-358	519	2	restriction	restriction	NOUN
ftr-358	519	3	upsets	upset	VERB
ftr-358	519	4	the	the	DET
ftr-358	519	5	balance	balance	NOUN
ftr-358	519	6	between	between	ADP
ftr-358	519	7	gains	gain	NOUN
ftr-358	519	8	and	and	CCONJ
ftr-358	519	9	losses	loss	NOUN
ftr-358	519	10	—	—	PUNCT
ftr-358	519	11	while	while	SCONJ
ftr-358	519	12	gains	gain	NOUN
ftr-358	519	13	are	be	AUX
ftr-358	519	14	always	always	ADV
ftr-358	519	15	taxed	tax	VERB
ftr-358	519	16	,	,	PUNCT
ftr-358	519	17	losses	loss	NOUN
ftr-358	519	18	are	be	AUX
ftr-358	519	19	not	not	PART
ftr-358	519	20	always	always	ADV
ftr-358	519	21	deductible	deductible	ADJ
ftr-358	519	22	.	.	PUNCT
ftr-358	520	1	the	the	DET
ftr-358	520	2	low	low	ADJ
ftr-358	520	3	rate	rate	NOUN
ftr-358	520	4	of	of	ADP
ftr-358	520	5	tax	tax	NOUN
ftr-358	520	6	on	on	ADP
ftr-358	520	7	capital	capital	NOUN
ftr-358	520	8	gains	gain	NOUN
ftr-358	520	9	may	may	AUX
ftr-358	520	10	be	be	AUX
ftr-358	520	11	compensation	compensation	NOUN
ftr-358	520	12	for	for	ADP
ftr-358	520	13	the	the	DET
ftr-358	520	14	imbalance	imbalance	NOUN
ftr-358	520	15	.	.	PUNCT
ftr-358	521	1	of	of	ADP
ftr-358	521	2	course	course	NOUN
ftr-358	521	3	,	,	PUNCT
ftr-358	521	4	this	this	DET
ftr-358	521	5	reason	reason	NOUN
ftr-358	521	6	for	for	ADP
ftr-358	521	7	the	the	DET
ftr-358	521	8	capital	capital	NOUN
ftr-358	521	9	gains	gain	NOUN
ftr-358	521	10	preference	preference	NOUN
ftr-358	521	11	would	would	AUX
ftr-358	521	12	be	be	AUX
ftr-358	521	13	irrelevant	irrelevant	ADJ
ftr-358	521	14	in	in	ADP
ftr-358	521	15	the	the	DET
ftr-358	521	16	absence	absence	NOUN
ftr-358	521	17	of	of	ADP
ftr-358	521	18	the	the	DET
ftr-358	521	19	realization	realization	NOUN
ftr-358	521	20	rule	rule	NOUN
ftr-358	521	21	.	.	PUNCT
ftr-358	522	1	400	400	NUM
ftr-358	522	2	florida	florida	PROPN
ftr-358	522	3	tax	tax	NOUN
ftr-358	522	4	review	review	NOUN
ftr-358	522	5	[	[	X
ftr-358	522	6	vol	vol	NOUN
ftr-358	522	7	.	.	PUNCT
ftr-358	523	1	10:5	10:5	NUM
ftr-358	523	2	iv	iv	NOUN
ftr-358	523	3	.	.	PUNCT
ftr-358	523	4	counterarguments	counterargument	NOUN
ftr-358	523	5	this	this	DET
ftr-358	523	6	part	part	NOUN
ftr-358	523	7	will	will	AUX
ftr-358	523	8	examine	examine	VERB
ftr-358	523	9	arguments	argument	NOUN
ftr-358	523	10	supporting	support	VERB
ftr-358	523	11	retention	retention	NOUN
ftr-358	523	12	of	of	ADP
ftr-358	523	13	the	the	DET
ftr-358	523	14	realization	realization	NOUN
ftr-358	523	15	principle	principle	NOUN
ftr-358	523	16	with	with	ADP
ftr-358	523	17	regard	regard	NOUN
ftr-358	523	18	to	to	ADP
ftr-358	523	19	capital	capital	NOUN
ftr-358	523	20	gains	gain	NOUN
ftr-358	523	21	from	from	ADP
ftr-358	523	22	publicly	publicly	ADV
ftr-358	523	23	-	-	PUNCT
ftr-358	523	24	traded	trade	VERB
ftr-358	523	25	securities	security	NOUN
ftr-358	523	26	:	:	PUNCT
ftr-358	523	27	the	the	DET
ftr-358	523	28	fear	fear	NOUN
ftr-358	523	29	of	of	ADP
ftr-358	523	30	future	future	ADJ
ftr-358	523	31	reduction	reduction	NOUN
ftr-358	523	32	in	in	ADP
ftr-358	523	33	value	value	NOUN
ftr-358	523	34	,	,	PUNCT
ftr-358	523	35	public	public	ADJ
ftr-358	523	36	opinion	opinion	NOUN
ftr-358	523	37	and	and	CCONJ
ftr-358	523	38	the	the	DET
ftr-358	523	39	psychological	psychological	ADJ
ftr-358	523	40	element	element	NOUN
ftr-358	523	41	,	,	PUNCT
ftr-358	523	42	the	the	DET
ftr-358	523	43	problem	problem	NOUN
ftr-358	523	44	of	of	ADP
ftr-358	523	45	creating	create	VERB
ftr-358	523	46	a	a	DET
ftr-358	523	47	mixed	mixed	ADJ
ftr-358	523	48	system	system	NOUN
ftr-358	523	49	in	in	ADP
ftr-358	523	50	which	which	PRON
ftr-358	523	51	some	some	DET
ftr-358	523	52	assets	asset	NOUN
ftr-358	523	53	are	be	AUX
ftr-358	523	54	taxed	tax	VERB
ftr-358	523	55	currently	currently	ADV
ftr-358	523	56	and	and	CCONJ
ftr-358	523	57	others	other	NOUN
ftr-358	523	58	are	be	AUX
ftr-358	523	59	taxed	tax	VERB
ftr-358	523	60	only	only	ADV
ftr-358	523	61	on	on	ADP
ftr-358	523	62	realization	realization	NOUN
ftr-358	523	63	,	,	PUNCT
ftr-358	523	64	the	the	DET
ftr-358	523	65	possibility	possibility	NOUN
ftr-358	523	66	of	of	ADP
ftr-358	523	67	retaining	retain	VERB
ftr-358	523	68	the	the	DET
ftr-358	523	69	realization	realization	NOUN
ftr-358	523	70	doctrine	doctrine	NOUN
ftr-358	523	71	while	while	SCONJ
ftr-358	523	72	charging	charge	VERB
ftr-358	523	73	interest	interest	NOUN
ftr-358	523	74	for	for	ADP
ftr-358	523	75	the	the	DET
ftr-358	523	76	deferral	deferral	NOUN
ftr-358	523	77	,	,	PUNCT
ftr-358	523	78	and	and	CCONJ
ftr-358	523	79	the	the	DET
ftr-358	523	80	the	the	DET
ftr-358	523	81	low	low	ADJ
ftr-358	523	82	degree	degree	NOUN
ftr-358	523	83	of	of	ADP
ftr-358	523	84	liquidity	liquidity	NOUN
ftr-358	523	85	of	of	ADP
ftr-358	523	86	certain	certain	ADJ
ftr-358	523	87	securities	security	NOUN
ftr-358	523	88	that	that	PRON
ftr-358	523	89	may	may	AUX
ftr-358	523	90	prevent	prevent	VERB
ftr-358	523	91	the	the	DET
ftr-358	523	92	imposition	imposition	NOUN
ftr-358	523	93	of	of	ADP
ftr-358	523	94	mark	mark	NOUN
ftr-358	523	95	-	-	PUNCT
ftr-358	523	96	to	to	ADP
ftr-358	523	97	-	-	PUNCT
ftr-358	523	98	market	market	NOUN
ftr-358	523	99	taxation	taxation	NOUN
ftr-358	523	100	.	.	PUNCT
ftr-358	524	1	a.	a.	NOUN
ftr-358	524	2	possibility	possibility	NOUN
ftr-358	524	3	of	of	ADP
ftr-358	524	4	future	future	ADJ
ftr-358	524	5	depreciation	depreciation	NOUN
ftr-358	524	6	one	one	NUM
ftr-358	524	7	argument	argument	NOUN
ftr-358	524	8	against	against	ADP
ftr-358	524	9	imposing	impose	VERB
ftr-358	524	10	tax	tax	NOUN
ftr-358	524	11	on	on	ADP
ftr-358	524	12	“	"	PUNCT
ftr-358	524	13	paper	paper	NOUN
ftr-358	524	14	gains	gain	NOUN
ftr-358	524	15	”	"	PUNCT
ftr-358	524	16	is	be	AUX
ftr-358	524	17	based	base	VERB
ftr-358	524	18	on	on	ADP
ftr-358	524	19	the	the	DET
ftr-358	524	20	possibility	possibility	NOUN
ftr-358	524	21	that	that	SCONJ
ftr-358	524	22	the	the	DET
ftr-358	524	23	value	value	NOUN
ftr-358	524	24	of	of	ADP
ftr-358	524	25	the	the	DET
ftr-358	524	26	asset	asset	NOUN
ftr-358	524	27	may	may	AUX
ftr-358	524	28	decline	decline	VERB
ftr-358	524	29	in	in	ADP
ftr-358	524	30	the	the	DET
ftr-358	524	31	future	future	NOUN
ftr-358	524	32	.	.	PUNCT
ftr-358	525	1	in	in	ADP
ftr-358	525	2	other	other	ADJ
ftr-358	525	3	words	word	NOUN
ftr-358	525	4	,	,	PUNCT
ftr-358	525	5	while	while	SCONJ
ftr-358	525	6	an	an	DET
ftr-358	525	7	asset	asset	NOUN
ftr-358	525	8	’s	’s	PART
ftr-358	525	9	appreciation	appreciation	NOUN
ftr-358	525	10	does	do	AUX
ftr-358	525	11	constitute	constitute	VERB
ftr-358	525	12	accession	accession	NOUN
ftr-358	525	13	to	to	ADP
ftr-358	525	14	wealth	wealth	NOUN
ftr-358	525	15	,	,	PUNCT
ftr-358	525	16	that	that	DET
ftr-358	525	17	accession	accession	NOUN
ftr-358	525	18	to	to	ADP
ftr-358	525	19	wealth	wealth	NOUN
ftr-358	525	20	could	could	AUX
ftr-358	525	21	dissipate	dissipate	VERB
ftr-358	525	22	.	.	PUNCT
ftr-358	526	1	it	it	PRON
ftr-358	526	2	is	be	AUX
ftr-358	526	3	therefore	therefore	ADV
ftr-358	526	4	appropriate	appropriate	ADJ
ftr-358	526	5	to	to	PART
ftr-358	526	6	wait	wait	VERB
ftr-358	526	7	until	until	SCONJ
ftr-358	526	8	the	the	DET
ftr-358	526	9	asset	asset	NOUN
ftr-358	526	10	is	be	AUX
ftr-358	526	11	sold	sell	VERB
ftr-358	526	12	before	before	ADP
ftr-358	526	13	imposing	impose	VERB
ftr-358	526	14	tax	tax	NOUN
ftr-358	526	15	in	in	ADP
ftr-358	526	16	order	order	NOUN
ftr-358	526	17	to	to	PART
ftr-358	526	18	ascertain	ascertain	VERB
ftr-358	526	19	that	that	SCONJ
ftr-358	526	20	the	the	DET
ftr-358	526	21	accession	accession	NOUN
ftr-358	526	22	to	to	ADP
ftr-358	526	23	wealth	wealth	NOUN
ftr-358	526	24	is	be	AUX
ftr-358	526	25	not	not	PART
ftr-358	526	26	merely	merely	ADV
ftr-358	526	27	temporary	temporary	ADJ
ftr-358	526	28	.	.	PUNCT
ftr-358	527	1	true	true	ADJ
ftr-358	527	2	,	,	PUNCT
ftr-358	527	3	the	the	DET
ftr-358	527	4	fear	fear	NOUN
ftr-358	527	5	of	of	ADP
ftr-358	527	6	depreciation	depreciation	NOUN
ftr-358	527	7	in	in	ADP
ftr-358	527	8	value	value	NOUN
ftr-358	527	9	exists	exist	VERB
ftr-358	527	10	as	as	ADV
ftr-358	527	11	long	long	ADV
ftr-358	527	12	as	as	SCONJ
ftr-358	527	13	the	the	DET
ftr-358	527	14	taxpayer	taxpayer	NOUN
ftr-358	527	15	holds	hold	VERB
ftr-358	527	16	onto	onto	ADP
ftr-358	527	17	the	the	DET
ftr-358	527	18	asset	asset	NOUN
ftr-358	527	19	.	.	PUNCT
ftr-358	528	1	it	it	PRON
ftr-358	528	2	is	be	AUX
ftr-358	528	3	also	also	ADV
ftr-358	528	4	true	true	ADJ
ftr-358	528	5	that	that	SCONJ
ftr-358	528	6	the	the	DET
ftr-358	528	7	future	future	ADJ
ftr-358	528	8	depreciation	depreciation	NOUN
ftr-358	528	9	could	could	AUX
ftr-358	528	10	completely	completely	ADV
ftr-358	528	11	or	or	CCONJ
ftr-358	528	12	partially	partially	ADV
ftr-358	528	13	obliterate	obliterate	VERB
ftr-358	528	14	the	the	DET
ftr-358	528	15	gain	gain	NOUN
ftr-358	528	16	.	.	PUNCT
ftr-358	529	1	however	however	ADV
ftr-358	529	2	,	,	PUNCT
ftr-358	529	3	the	the	DET
ftr-358	529	4	fear	fear	NOUN
ftr-358	529	5	of	of	ADP
ftr-358	529	6	future	future	ADJ
ftr-358	529	7	loss	loss	NOUN
ftr-358	529	8	is	be	AUX
ftr-358	529	9	not	not	PART
ftr-358	529	10	normally	normally	ADV
ftr-358	529	11	sufficient	sufficient	ADJ
ftr-358	529	12	to	to	PART
ftr-358	529	13	prevent	prevent	VERB
ftr-358	529	14	taxation	taxation	NOUN
ftr-358	529	15	of	of	ADP
ftr-358	529	16	current	current	ADJ
ftr-358	529	17	gain	gain	NOUN
ftr-358	529	18	.	.	PUNCT
ftr-358	530	1	every	every	DET
ftr-358	530	2	taxpayer	taxpayer	NOUN
ftr-358	530	3	who	who	PRON
ftr-358	530	4	reports	report	VERB
ftr-358	530	5	a	a	DET
ftr-358	530	6	positive	positive	ADJ
ftr-358	530	7	income	income	NOUN
ftr-358	530	8	in	in	ADP
ftr-358	530	9	one	one	NUM
ftr-358	530	10	year	year	NOUN
ftr-358	530	11	may	may	AUX
ftr-358	530	12	experience	experience	VERB
ftr-358	530	13	a	a	DET
ftr-358	530	14	loss	loss	NOUN
ftr-358	530	15	in	in	ADP
ftr-358	530	16	subsequent	subsequent	ADJ
ftr-358	530	17	years	year	NOUN
ftr-358	530	18	.	.	PUNCT
ftr-358	531	1	a	a	DET
ftr-358	531	2	business	business	NOUN
ftr-358	531	3	owner	owner	NOUN
ftr-358	531	4	can	can	AUX
ftr-358	531	5	not	not	PART
ftr-358	531	6	defer	defer	VERB
ftr-358	531	7	tax	tax	NOUN
ftr-358	531	8	on	on	ADP
ftr-358	531	9	income	income	NOUN
ftr-358	531	10	by	by	ADP
ftr-358	531	11	arguing	argue	VERB
ftr-358	531	12	that	that	SCONJ
ftr-358	531	13	next	next	ADJ
ftr-358	531	14	year	year	NOUN
ftr-358	531	15	might	might	AUX
ftr-358	531	16	produce	produce	VERB
ftr-358	531	17	a	a	DET
ftr-358	531	18	loss	loss	NOUN
ftr-358	531	19	.	.	PUNCT
ftr-358	532	1	an	an	DET
ftr-358	532	2	investor	investor	NOUN
ftr-358	532	3	who	who	PRON
ftr-358	532	4	sold	sell	VERB
ftr-358	532	5	stock	stock	NOUN
ftr-358	532	6	a	a	PRON
ftr-358	532	7	at	at	ADP
ftr-358	532	8	a	a	DET
ftr-358	532	9	gain	gain	NOUN
ftr-358	532	10	and	and	CCONJ
ftr-358	532	11	reinvested	reinveste	VERB
ftr-358	532	12	the	the	DET
ftr-358	532	13	funds	fund	NOUN
ftr-358	532	14	in	in	ADP
ftr-358	532	15	stock	stock	NOUN
ftr-358	532	16	b	b	NOUN
ftr-358	532	17	can	can	AUX
ftr-358	532	18	not	not	PART
ftr-358	532	19	normally	normally	ADV
ftr-358	532	20	defer	defer	VERB
ftr-358	532	21	paying	pay	VERB
ftr-358	532	22	tax	tax	NOUN
ftr-358	532	23	on	on	ADP
ftr-358	532	24	the	the	DET
ftr-358	532	25	gain	gain	NOUN
ftr-358	532	26	because	because	SCONJ
ftr-358	532	27	of	of	ADP
ftr-358	532	28	the	the	DET
ftr-358	532	29	fear	fear	NOUN
ftr-358	532	30	that	that	SCONJ
ftr-358	532	31	asset	asset	NOUN
ftr-358	532	32	b	b	NOUN
ftr-358	532	33	will	will	AUX
ftr-358	532	34	decline	decline	VERB
ftr-358	532	35	in	in	ADP
ftr-358	532	36	value	value	NOUN
ftr-358	532	37	.	.	PUNCT
ftr-358	533	1	their	their	PRON
ftr-358	533	2	situations	situation	NOUN
ftr-358	533	3	are	be	AUX
ftr-358	533	4	not	not	PART
ftr-358	533	5	dissimilar	dissimilar	ADJ
ftr-358	533	6	from	from	ADP
ftr-358	533	7	that	that	PRON
ftr-358	533	8	of	of	ADP
ftr-358	533	9	an	an	DET
ftr-358	533	10	investor	investor	NOUN
ftr-358	533	11	who	who	PRON
ftr-358	533	12	refrains	refrain	VERB
ftr-358	533	13	from	from	ADP
ftr-358	533	14	selling	sell	VERB
ftr-358	533	15	appreciated	appreciated	ADJ
ftr-358	533	16	securities	security	NOUN
ftr-358	533	17	.	.	PUNCT
ftr-358	534	1	in	in	ADP
ftr-358	534	2	each	each	PRON
ftr-358	534	3	of	of	ADP
ftr-358	534	4	these	these	DET
ftr-358	534	5	cases	case	NOUN
ftr-358	534	6	the	the	DET
ftr-358	534	7	taxpayer	taxpayer	NOUN
ftr-358	534	8	experienced	experience	VERB
ftr-358	534	9	an	an	DET
ftr-358	534	10	accession	accession	NOUN
ftr-358	534	11	to	to	ADP
ftr-358	534	12	wealth	wealth	NOUN
ftr-358	534	13	.	.	PUNCT
ftr-358	535	1	in	in	ADP
ftr-358	535	2	each	each	PRON
ftr-358	535	3	of	of	ADP
ftr-358	535	4	them	they	PRON
ftr-358	535	5	there	there	PRON
ftr-358	535	6	is	be	VERB
ftr-358	535	7	a	a	DET
ftr-358	535	8	fear	fear	NOUN
ftr-358	535	9	that	that	SCONJ
ftr-358	535	10	the	the	DET
ftr-358	535	11	taxpayer	taxpayer	NOUN
ftr-358	535	12	’s	’s	PART
ftr-358	535	13	wealth	wealth	NOUN
ftr-358	535	14	may	may	AUX
ftr-358	535	15	decrease	decrease	VERB
ftr-358	535	16	in	in	ADP
ftr-358	535	17	the	the	DET
ftr-358	535	18	future	future	NOUN
ftr-358	535	19	.	.	PUNCT
ftr-358	536	1	the	the	DET
ftr-358	536	2	mere	mere	ADJ
ftr-358	536	3	fear	fear	NOUN
ftr-358	536	4	of	of	ADP
ftr-358	536	5	future	future	ADJ
ftr-358	536	6	loss	loss	NOUN
ftr-358	536	7	is	be	AUX
ftr-358	536	8	not	not	PART
ftr-358	536	9	enough	enough	ADJ
ftr-358	536	10	to	to	PART
ftr-358	536	11	defer	defer	VERB
ftr-358	536	12	recognition	recognition	NOUN
ftr-358	536	13	of	of	ADP
ftr-358	536	14	gain	gain	NOUN
ftr-358	536	15	.	.	PUNCT
ftr-358	537	1	what	what	PRON
ftr-358	537	2	will	will	AUX
ftr-358	537	3	happen	happen	VERB
ftr-358	537	4	,	,	PUNCT
ftr-358	537	5	though	though	ADV
ftr-358	537	6	,	,	PUNCT
ftr-358	537	7	if	if	SCONJ
ftr-358	537	8	after	after	SCONJ
ftr-358	537	9	the	the	DET
ftr-358	537	10	taxpayer	taxpayer	NOUN
ftr-358	537	11	reports	report	VERB
ftr-358	537	12	the	the	DET
ftr-358	537	13	gain	gain	NOUN
ftr-358	537	14	and	and	CCONJ
ftr-358	537	15	pays	pay	VERB
ftr-358	537	16	the	the	DET
ftr-358	537	17	appropriate	appropriate	ADJ
ftr-358	537	18	tax	tax	NOUN
ftr-358	537	19	,	,	PUNCT
ftr-358	537	20	the	the	DET
ftr-358	537	21	value	value	NOUN
ftr-358	537	22	of	of	ADP
ftr-358	537	23	the	the	DET
ftr-358	537	24	security	security	NOUN
ftr-358	537	25	declines	decline	VERB
ftr-358	537	26	,	,	PUNCT
ftr-358	537	27	eliminating	eliminate	VERB
ftr-358	537	28	some	some	PRON
ftr-358	537	29	or	or	CCONJ
ftr-358	537	30	all	all	PRON
ftr-358	537	31	of	of	ADP
ftr-358	537	32	the	the	DET
ftr-358	537	33	gain	gain	NOUN
ftr-358	537	34	?	?	PUNCT
ftr-358	538	1	would	would	AUX
ftr-358	538	2	this	this	DET
ftr-358	538	3	situation	situation	NOUN
ftr-358	538	4	not	not	PART
ftr-358	538	5	constitute	constitute	VERB
ftr-358	538	6	a	a	DET
ftr-358	538	7	hardship	hardship	NOUN
ftr-358	538	8	for	for	ADP
ftr-358	538	9	the	the	DET
ftr-358	538	10	taxpayer	taxpayer	NOUN
ftr-358	538	11	?	?	PUNCT
ftr-358	539	1	the	the	DET
ftr-358	539	2	answer	answer	NOUN
ftr-358	539	3	is	be	AUX
ftr-358	539	4	that	that	SCONJ
ftr-358	539	5	the	the	DET
ftr-358	539	6	hardship	hardship	NOUN
ftr-358	539	7	would	would	AUX
ftr-358	539	8	be	be	AUX
ftr-358	539	9	no	no	ADV
ftr-358	539	10	greater	great	ADJ
ftr-358	539	11	than	than	ADP
ftr-358	539	12	that	that	PRON
ftr-358	539	13	in	in	ADP
ftr-358	539	14	any	any	DET
ftr-358	539	15	other	other	ADJ
ftr-358	539	16	case	case	NOUN
ftr-358	539	17	in	in	ADP
ftr-358	539	18	which	which	PRON
ftr-358	539	19	the	the	DET
ftr-358	539	20	taxpayer	taxpayer	NOUN
ftr-358	539	21	experiences	experience	VERB
ftr-358	539	22	a	a	DET
ftr-358	539	23	profit	profit	NOUN
ftr-358	539	24	in	in	ADP
ftr-358	539	25	one	one	NUM
ftr-358	539	26	year	year	NOUN
ftr-358	539	27	and	and	CCONJ
ftr-358	539	28	a	a	DET
ftr-358	539	29	loss	loss	NOUN
ftr-358	539	30	in	in	ADP
ftr-358	539	31	another	another	PRON
ftr-358	539	32	.	.	PUNCT
ftr-358	540	1	allowing	allow	VERB
ftr-358	540	2	the	the	DET
ftr-358	540	3	taxpayer	taxpayer	NOUN
ftr-358	540	4	a	a	DET
ftr-358	540	5	deduction	deduction	NOUN
ftr-358	540	6	(	(	PUNCT
ftr-358	540	7	or	or	CCONJ
ftr-358	540	8	a	a	DET
ftr-358	540	9	credit)42	credit)42	NOUN
ftr-358	540	10	for	for	ADP
ftr-358	540	11	the	the	DET
ftr-358	540	12	loss	loss	NOUN
ftr-358	540	13	is	be	AUX
ftr-358	540	14	supposed	suppose	VERB
ftr-358	540	15	to	to	PART
ftr-358	540	16	remedy	remedy	VERB
ftr-358	540	17	the	the	DET
ftr-358	540	18	situation	situation	NOUN
ftr-358	540	19	.	.	PUNCT
ftr-358	541	1	where	where	SCONJ
ftr-358	541	2	for	for	ADP
ftr-358	541	3	whatever	whatever	DET
ftr-358	541	4	reason	reason	NOUN
ftr-358	541	5	it	it	PRON
ftr-358	541	6	does	do	VERB
ftr-358	541	7	not	not	PART
ftr-358	541	8	,	,	PUNCT
ftr-358	541	9	the	the	DET
ftr-358	541	10	solution	solution	NOUN
ftr-358	541	11	is	be	AUX
ftr-358	541	12	to	to	PART
ftr-358	541	13	be	be	AUX
ftr-358	541	14	found	find	VERB
ftr-358	541	15	in	in	ADP
ftr-358	541	16	the	the	DET
ftr-358	541	17	rules	rule	NOUN
ftr-358	541	18	governing	govern	VERB
ftr-358	541	19	the	the	DET
ftr-358	541	20	deduction	deduction	NOUN
ftr-358	541	21	of	of	ADP
ftr-358	541	22	losses	loss	NOUN
ftr-358	541	23	.	.	PUNCT
ftr-358	542	1	in	in	ADP
ftr-358	542	2	any	any	DET
ftr-358	542	3	case	case	NOUN
ftr-358	542	4	there	there	PRON
ftr-358	542	5	is	be	VERB
ftr-358	542	6	no	no	DET
ftr-358	542	7	economic	economic	ADJ
ftr-358	542	8	or	or	CCONJ
ftr-358	542	9	administrative	administrative	ADJ
ftr-358	542	10	reason	reason	NOUN
ftr-358	542	11	to	to	PART
ftr-358	542	12	relate	relate	VERB
ftr-358	542	13	differently	differently	ADV
ftr-358	542	14	to	to	ADP
ftr-358	542	15	42	42	NUM
ftr-358	542	16	.	.	PUNCT
ftr-358	543	1	see	see	VERB
ftr-358	543	2	supra	supra	PROPN
ftr-358	543	3	part	part	PROPN
ftr-358	543	4	iii.c	iii.c	PROPN
ftr-358	543	5	.	.	PUNCT
ftr-358	544	1	2010	2010	NUM
ftr-358	544	2	]	]	PUNCT
ftr-358	544	3	the	the	DET
ftr-358	544	4	myth	myth	NOUN
ftr-358	544	5	of	of	ADP
ftr-358	544	6	realization	realization	NOUN
ftr-358	544	7	:	:	PUNCT
ftr-358	544	8	mark	mark	NOUN
ftr-358	544	9	-	-	PUNCT
ftr-358	544	10	to	to	ADP
ftr-358	544	11	-	-	PUNCT
ftr-358	544	12	market	market	NOUN
ftr-358	544	13	taxation	taxation	NOUN
ftr-358	544	14	401	401	NUM
ftr-358	544	15	taxpayers	taxpayer	NOUN
ftr-358	544	16	whose	whose	DET
ftr-358	544	17	gains	gain	NOUN
ftr-358	544	18	and	and	CCONJ
ftr-358	544	19	subsequent	subsequent	ADJ
ftr-358	544	20	losses	loss	NOUN
ftr-358	544	21	resulted	result	VERB
ftr-358	544	22	from	from	ADP
ftr-358	544	23	holding	hold	VERB
ftr-358	544	24	onto	onto	ADP
ftr-358	544	25	the	the	DET
ftr-358	544	26	same	same	ADJ
ftr-358	544	27	security	security	NOUN
ftr-358	544	28	.	.	PUNCT
ftr-358	545	1	b.	b.	PROPN
ftr-358	545	2	psychology	psychology	NOUN
ftr-358	545	3	and	and	CCONJ
ftr-358	545	4	public	public	ADJ
ftr-358	545	5	opinion	opinion	NOUN
ftr-358	545	6	as	as	SCONJ
ftr-358	545	7	has	have	AUX
ftr-358	545	8	been	be	AUX
ftr-358	545	9	seen	see	VERB
ftr-358	545	10	,	,	PUNCT
ftr-358	545	11	there	there	PRON
ftr-358	545	12	is	be	VERB
ftr-358	545	13	no	no	DET
ftr-358	545	14	economic	economic	ADJ
ftr-358	545	15	basis	basis	NOUN
ftr-358	545	16	for	for	ADP
ftr-358	545	17	distinguishing	distinguish	VERB
ftr-358	545	18	between	between	ADP
ftr-358	545	19	“	"	PUNCT
ftr-358	545	20	paper	paper	NOUN
ftr-358	545	21	profits	profit	NOUN
ftr-358	545	22	”	"	PUNCT
ftr-358	545	23	and	and	CCONJ
ftr-358	545	24	realized	realize	VERB
ftr-358	545	25	profits	profit	NOUN
ftr-358	545	26	,	,	PUNCT
ftr-358	545	27	at	at	ADP
ftr-358	545	28	least	least	ADJ
ftr-358	545	29	as	as	ADV
ftr-358	545	30	far	far	ADV
ftr-358	545	31	as	as	SCONJ
ftr-358	545	32	highly	highly	ADV
ftr-358	545	33	liquid	liquid	ADJ
ftr-358	545	34	assets	asset	NOUN
ftr-358	545	35	are	be	AUX
ftr-358	545	36	concerned.43	concerned.43	ADJ
ftr-358	545	37	nevertheless	nevertheless	ADV
ftr-358	545	38	,	,	PUNCT
ftr-358	545	39	this	this	DET
ftr-358	545	40	distinction	distinction	NOUN
ftr-358	545	41	is	be	AUX
ftr-358	545	42	deeply	deeply	ADV
ftr-358	545	43	embedded	embed	VERB
ftr-358	545	44	in	in	ADP
ftr-358	545	45	the	the	DET
ftr-358	545	46	public	public	ADJ
ftr-358	545	47	consciousness	consciousness	NOUN
ftr-358	545	48	.	.	PUNCT
ftr-358	546	1	many	many	ADJ
ftr-358	546	2	believe	believe	VERB
ftr-358	546	3	that	that	SCONJ
ftr-358	546	4	while	while	SCONJ
ftr-358	546	5	asset	asset	NOUN
ftr-358	546	6	appreciation	appreciation	NOUN
ftr-358	546	7	presents	present	VERB
ftr-358	546	8	the	the	DET
ftr-358	546	9	taxpayer	taxpayer	NOUN
ftr-358	546	10	with	with	ADP
ftr-358	546	11	the	the	DET
ftr-358	546	12	opportunity	opportunity	NOUN
ftr-358	546	13	to	to	PART
ftr-358	546	14	profit	profit	VERB
ftr-358	546	15	by	by	ADP
ftr-358	546	16	selling	sell	VERB
ftr-358	546	17	the	the	DET
ftr-358	546	18	asset	asset	NOUN
ftr-358	546	19	,	,	PUNCT
ftr-358	546	20	until	until	ADP
ftr-358	546	21	the	the	DET
ftr-358	546	22	sale	sale	NOUN
ftr-358	546	23	,	,	PUNCT
ftr-358	546	24	appreciation	appreciation	NOUN
ftr-358	546	25	is	be	AUX
ftr-358	546	26	no	no	PRON
ftr-358	546	27	more	more	ADJ
ftr-358	546	28	than	than	ADP
ftr-358	546	29	potential	potential	ADJ
ftr-358	546	30	gain	gain	NOUN
ftr-358	546	31	,	,	PUNCT
ftr-358	546	32	and	and	CCONJ
ftr-358	546	33	that	that	SCONJ
ftr-358	546	34	it	it	PRON
ftr-358	546	35	is	be	AUX
ftr-358	546	36	inappropriate	inappropriate	ADJ
ftr-358	546	37	to	to	PART
ftr-358	546	38	impose	impose	VERB
ftr-358	546	39	tax	tax	NOUN
ftr-358	546	40	on	on	ADP
ftr-358	546	41	mere	mere	ADJ
ftr-358	546	42	potential	potential	ADJ
ftr-358	546	43	gain	gain	NOUN
ftr-358	546	44	.	.	PUNCT
ftr-358	547	1	this	this	DET
ftr-358	547	2	broadly	broadly	ADV
ftr-358	547	3	-	-	PUNCT
ftr-358	547	4	held	hold	VERB
ftr-358	547	5	opinion	opinion	NOUN
ftr-358	547	6	might	might	AUX
ftr-358	547	7	be	be	AUX
ftr-358	547	8	the	the	DET
ftr-358	547	9	reason	reason	NOUN
ftr-358	547	10	that	that	SCONJ
ftr-358	547	11	congress	congress	PROPN
ftr-358	547	12	has	have	AUX
ftr-358	547	13	thus	thus	ADV
ftr-358	547	14	far	far	ADV
ftr-358	547	15	refrained	refrain	VERB
ftr-358	547	16	from	from	ADP
ftr-358	547	17	imposing	impose	VERB
ftr-358	547	18	an	an	DET
ftr-358	547	19	across	across	ADP
ftr-358	547	20	-	-	PUNCT
ftr-358	547	21	the	the	DET
ftr-358	547	22	-	-	PUNCT
ftr-358	547	23	board	board	NOUN
ftr-358	547	24	mark	mark	NOUN
ftr-358	547	25	-	-	PUNCT
ftr-358	547	26	to	to	ADP
ftr-358	547	27	-	-	PUNCT
ftr-358	547	28	market	market	NOUN
ftr-358	547	29	tax	tax	NOUN
ftr-358	547	30	regime	regime	NOUN
ftr-358	547	31	on	on	ADP
ftr-358	547	32	stock	stock	NOUN
ftr-358	547	33	market	market	NOUN
ftr-358	547	34	gain.44	gain.44	NOUN
ftr-358	547	35	taxes	taxis	NOUN
ftr-358	547	36	in	in	ADP
ftr-358	547	37	a	a	DET
ftr-358	547	38	democracy	democracy	NOUN
ftr-358	547	39	require	require	VERB
ftr-358	547	40	the	the	DET
ftr-358	547	41	consent	consent	NOUN
ftr-358	547	42	of	of	ADP
ftr-358	547	43	the	the	DET
ftr-358	547	44	governed	govern	VERB
ftr-358	547	45	.	.	PUNCT
ftr-358	548	1	where	where	SCONJ
ftr-358	548	2	“	"	PUNCT
ftr-358	548	3	paper	paper	NOUN
ftr-358	548	4	gain	gain	NOUN
ftr-358	548	5	”	"	PUNCT
ftr-358	548	6	is	be	AUX
ftr-358	548	7	not	not	PART
ftr-358	548	8	considered	consider	VERB
ftr-358	548	9	by	by	ADP
ftr-358	548	10	the	the	DET
ftr-358	548	11	public	public	NOUN
ftr-358	548	12	to	to	PART
ftr-358	548	13	be	be	AUX
ftr-358	548	14	an	an	DET
ftr-358	548	15	appropriate	appropriate	ADJ
ftr-358	548	16	subject	subject	NOUN
ftr-358	548	17	for	for	ADP
ftr-358	548	18	taxation	taxation	NOUN
ftr-358	548	19	,	,	PUNCT
ftr-358	548	20	a	a	DET
ftr-358	548	21	politician	politician	NOUN
ftr-358	548	22	who	who	PRON
ftr-358	548	23	proposed	propose	VERB
ftr-358	548	24	elimination	elimination	NOUN
ftr-358	548	25	of	of	ADP
ftr-358	548	26	the	the	DET
ftr-358	548	27	realization	realization	NOUN
ftr-358	548	28	rule	rule	NOUN
ftr-358	548	29	risks	risk	NOUN
ftr-358	548	30	alienating	alienate	VERB
ftr-358	548	31	her	her	PRON
ftr-358	548	32	constituents	constituent	NOUN
ftr-358	548	33	.	.	PUNCT
ftr-358	549	1	even	even	ADV
ftr-358	549	2	proposals	proposal	NOUN
ftr-358	549	3	to	to	PART
ftr-358	549	4	narrow	narrow	VERB
ftr-358	549	5	the	the	DET
ftr-358	549	6	scope	scope	NOUN
ftr-358	549	7	of	of	ADP
ftr-358	549	8	the	the	DET
ftr-358	549	9	doctrine	doctrine	NOUN
ftr-358	549	10	in	in	ADP
ftr-358	549	11	order	order	NOUN
ftr-358	549	12	to	to	PART
ftr-358	549	13	prevent	prevent	VERB
ftr-358	549	14	abuse	abuse	NOUN
ftr-358	549	15	have	have	AUX
ftr-358	549	16	sparked	spark	VERB
ftr-358	549	17	heated	heated	ADJ
ftr-358	549	18	resistance.45	resistance.45	NOUN
ftr-358	549	19	the	the	DET
ftr-358	549	20	problem	problem	NOUN
ftr-358	549	21	is	be	AUX
ftr-358	549	22	real	real	ADJ
ftr-358	549	23	.	.	PUNCT
ftr-358	550	1	the	the	DET
ftr-358	550	2	utility	utility	NOUN
ftr-358	550	3	of	of	ADP
ftr-358	550	4	proposed	propose	VERB
ftr-358	550	5	tax	tax	NOUN
ftr-358	550	6	provisions	provision	NOUN
ftr-358	550	7	,	,	PUNCT
ftr-358	550	8	equitable	equitable	ADJ
ftr-358	550	9	and	and	CCONJ
ftr-358	550	10	efficient	efficient	ADJ
ftr-358	550	11	as	as	SCONJ
ftr-358	550	12	they	they	PRON
ftr-358	550	13	may	may	AUX
ftr-358	550	14	be	be	AUX
ftr-358	550	15	,	,	PUNCT
ftr-358	550	16	is	be	AUX
ftr-358	550	17	limited	limit	VERB
ftr-358	550	18	in	in	ADP
ftr-358	550	19	practice	practice	NOUN
ftr-358	550	20	if	if	SCONJ
ftr-358	550	21	public	public	ADJ
ftr-358	550	22	resistance	resistance	NOUN
ftr-358	550	23	prevents	prevent	VERB
ftr-358	550	24	their	their	PRON
ftr-358	550	25	enactment	enactment	NOUN
ftr-358	550	26	.	.	PUNCT
ftr-358	551	1	the	the	DET
ftr-358	551	2	only	only	ADJ
ftr-358	551	3	solution	solution	NOUN
ftr-358	551	4	is	be	AUX
ftr-358	551	5	education	education	NOUN
ftr-358	551	6	.	.	PUNCT
ftr-358	552	1	one	one	NUM
ftr-358	552	2	aspect	aspect	NOUN
ftr-358	552	3	of	of	ADP
ftr-358	552	4	the	the	DET
ftr-358	552	5	proposal	proposal	NOUN
ftr-358	552	6	that	that	PRON
ftr-358	552	7	is	be	AUX
ftr-358	552	8	likely	likely	ADJ
ftr-358	552	9	to	to	PART
ftr-358	552	10	appeal	appeal	VERB
ftr-358	552	11	to	to	ADP
ftr-358	552	12	public	public	ADJ
ftr-358	552	13	sentiment	sentiment	NOUN
ftr-358	552	14	is	be	AUX
ftr-358	552	15	the	the	DET
ftr-358	552	16	free	free	ADJ
ftr-358	552	17	deductibility	deductibility	NOUN
ftr-358	552	18	of	of	ADP
ftr-358	552	19	(	(	PUNCT
ftr-358	552	20	or	or	CCONJ
ftr-358	552	21	a	a	DET
ftr-358	552	22	credit	credit	NOUN
ftr-358	552	23	for	for	ADP
ftr-358	552	24	)	)	PUNCT
ftr-358	552	25	capital	capital	NOUN
ftr-358	552	26	losses.46	losses.46	NOUN
ftr-358	552	27	this	this	DET
ftr-358	552	28	possibility	possibility	NOUN
ftr-358	552	29	may	may	AUX
ftr-358	552	30	help	help	VERB
ftr-358	552	31	convince	convince	VERB
ftr-358	552	32	the	the	DET
ftr-358	552	33	public	public	NOUN
ftr-358	552	34	that	that	SCONJ
ftr-358	552	35	the	the	DET
ftr-358	552	36	fairest	fair	ADJ
ftr-358	552	37	and	and	CCONJ
ftr-358	552	38	most	most	ADV
ftr-358	552	39	efficient	efficient	ADJ
ftr-358	552	40	way	way	NOUN
ftr-358	552	41	to	to	PART
ftr-358	552	42	tax	tax	VERB
ftr-358	552	43	stock	stock	NOUN
ftr-358	552	44	market	market	NOUN
ftr-358	552	45	gains	gain	NOUN
ftr-358	552	46	is	be	AUX
ftr-358	552	47	by	by	ADP
ftr-358	552	48	abandoning	abandon	VERB
ftr-358	552	49	the	the	DET
ftr-358	552	50	realization	realization	NOUN
ftr-358	552	51	principle	principle	NOUN
ftr-358	552	52	.	.	PUNCT
ftr-358	553	1	c.	c.	NOUN
ftr-358	553	2	taxing	tax	VERB
ftr-358	553	3	stock	stock	NOUN
ftr-358	553	4	market	market	NOUN
ftr-358	553	5	gain	gain	NOUN
ftr-358	553	6	differently	differently	ADV
ftr-358	553	7	than	than	ADP
ftr-358	553	8	gain	gain	VERB
ftr-358	553	9	from	from	ADP
ftr-358	553	10	other	other	ADJ
ftr-358	553	11	assets	asset	NOUN
ftr-358	553	12	the	the	DET
ftr-358	553	13	tax	tax	NOUN
ftr-358	553	14	regime	regime	NOUN
ftr-358	553	15	applicable	applicable	ADJ
ftr-358	553	16	to	to	ADP
ftr-358	553	17	specific	specific	ADJ
ftr-358	553	18	types	type	NOUN
ftr-358	553	19	of	of	ADP
ftr-358	553	20	income	income	NOUN
ftr-358	553	21	can	can	AUX
ftr-358	553	22	not	not	PART
ftr-358	553	23	be	be	AUX
ftr-358	553	24	viewed	view	VERB
ftr-358	553	25	in	in	ADP
ftr-358	553	26	isolation	isolation	NOUN
ftr-358	553	27	from	from	ADP
ftr-358	553	28	the	the	DET
ftr-358	553	29	generally	generally	ADV
ftr-358	553	30	prevailing	prevail	VERB
ftr-358	553	31	tax	tax	NOUN
ftr-358	553	32	structure	structure	NOUN
ftr-358	553	33	.	.	PUNCT
ftr-358	554	1	tax	tax	NOUN
ftr-358	554	2	provisions	provision	NOUN
ftr-358	554	3	that	that	PRON
ftr-358	554	4	would	would	AUX
ftr-358	554	5	be	be	AUX
ftr-358	554	6	advisable	advisable	ADJ
ftr-358	554	7	were	be	AUX
ftr-358	554	8	they	they	PRON
ftr-358	554	9	imposed	impose	VERB
ftr-358	554	10	universally	universally	ADV
ftr-358	554	11	are	be	AUX
ftr-358	554	12	not	not	PART
ftr-358	554	13	necessarily	necessarily	ADV
ftr-358	554	14	appropriate	appropriate	ADJ
ftr-358	554	15	when	when	SCONJ
ftr-358	554	16	applicable	applicable	ADJ
ftr-358	554	17	only	only	ADV
ftr-358	554	18	in	in	ADP
ftr-358	554	19	certain	certain	ADJ
ftr-358	554	20	cases.47	cases.47	NOUN
ftr-358	554	21	43	43	NUM
ftr-358	554	22	.	.	PUNCT
ftr-358	555	1	even	even	ADV
ftr-358	555	2	zelinsky	zelinsky	ADJ
ftr-358	555	3	agrees	agree	VERB
ftr-358	555	4	with	with	ADP
ftr-358	555	5	this	this	DET
ftr-358	555	6	argument	argument	NOUN
ftr-358	555	7	:	:	PUNCT
ftr-358	555	8	“	"	PUNCT
ftr-358	555	9	of	of	ADP
ftr-358	555	10	course	course	NOUN
ftr-358	555	11	,	,	PUNCT
ftr-358	555	12	these	these	DET
ftr-358	555	13	taxpayers	taxpayer	NOUN
ftr-358	555	14	flunk	flunk	VERB
ftr-358	555	15	econ	econ	NOUN
ftr-358	555	16	.	.	PUNCT
ftr-358	556	1	101	101	NUM
ftr-358	556	2	for	for	ADP
ftr-358	556	3	believing	believe	VERB
ftr-358	556	4	these	these	DET
ftr-358	556	5	things	thing	NOUN
ftr-358	556	6	.	.	PUNCT
ftr-358	556	7	”	"	PUNCT
ftr-358	557	1	zelinsky	zelinsky	ADJ
ftr-358	557	2	,	,	PUNCT
ftr-358	557	3	supra	supra	ADJ
ftr-358	557	4	note	note	NOUN
ftr-358	557	5	7	7	NUM
ftr-358	557	6	,	,	PUNCT
ftr-358	557	7	at	at	ADP
ftr-358	557	8	894	894	NUM
ftr-358	557	9	.	.	PROPN
ftr-358	557	10	44	44	NUM
ftr-358	557	11	.	.	PUNCT
ftr-358	558	1	see	see	VERB
ftr-358	558	2	david	david	PROPN
ftr-358	558	3	m.	m.	PROPN
ftr-358	558	4	schizer	schizer	PROPN
ftr-358	558	5	,	,	PUNCT
ftr-358	558	6	realization	realization	NOUN
ftr-358	558	7	as	as	ADP
ftr-358	558	8	subsidy	subsidy	NOUN
ftr-358	558	9	,	,	PUNCT
ftr-358	558	10	73	73	NUM
ftr-358	558	11	n.y.u	n.y.u	NOUN
ftr-358	558	12	.	.	PUNCT
ftr-358	559	1	l.	l.	PROPN
ftr-358	559	2	rev	rev	PROPN
ftr-358	559	3	.	.	PROPN
ftr-358	559	4	1549	1549	NUM
ftr-358	559	5	,	,	PUNCT
ftr-358	559	6	1606–09	1606–09	NUM
ftr-358	559	7	(	(	PUNCT
ftr-358	559	8	1998	1998	NUM
ftr-358	559	9	)	)	PUNCT
ftr-358	559	10	.	.	PUNCT
ftr-358	560	1	45	45	NUM
ftr-358	560	2	.	.	X
ftr-358	561	1	see	see	VERB
ftr-358	561	2	,	,	PUNCT
ftr-358	561	3	e.g.	e.g.	ADV
ftr-358	561	4	,	,	PUNCT
ftr-358	561	5	i	i	PRON
ftr-358	561	6	d.	d.	VERB
ftr-358	561	7	at	at	ADP
ftr-358	561	8	1606–07	1606–07	NUM
ftr-358	561	9	.	.	PUNCT
ftr-358	562	1	46	46	NUM
ftr-358	562	2	.	.	PUNCT
ftr-358	563	1	see	see	VERB
ftr-358	563	2	supra	supra	PROPN
ftr-358	563	3	part	part	PROPN
ftr-358	563	4	iii.c	iii.c	PROPN
ftr-358	563	5	.	.	PUNCT
ftr-358	564	1	47	47	NUM
ftr-358	564	2	.	.	PUNCT
ftr-358	565	1	see	see	VERB
ftr-358	565	2	richard	richard	PROPN
ftr-358	565	3	g.	g.	PROPN
ftr-358	565	4	lipsey	lipsey	PROPN
ftr-358	565	5	&	&	CCONJ
ftr-358	565	6	kelvin	kelvin	PROPN
ftr-358	565	7	j.	j.	PROPN
ftr-358	565	8	lancaster	lancaster	PROPN
ftr-358	565	9	,	,	PUNCT
ftr-358	565	10	the	the	DET
ftr-358	565	11	general	general	ADJ
ftr-358	565	12	theory	theory	NOUN
ftr-358	565	13	of	of	ADP
ftr-358	565	14	the	the	DET
ftr-358	565	15	second	second	ADJ
ftr-358	565	16	best	good	ADJ
ftr-358	565	17	,	,	PUNCT
ftr-358	565	18	24	24	NUM
ftr-358	565	19	rev	rev	X
ftr-358	565	20	.	.	PROPN
ftr-358	565	21	of	of	ADP
ftr-358	565	22	econ	econ	PROPN
ftr-358	565	23	.	.	PUNCT
ftr-358	565	24	stud	stud	PROPN
ftr-358	565	25	.	.	PUNCT
ftr-358	566	1	11	11	NUM
ftr-358	566	2	,	,	PUNCT
ftr-358	566	3	12	12	NUM
ftr-358	566	4	(	(	PUNCT
ftr-358	566	5	1956	1956	NUM
ftr-358	566	6	)	)	PUNCT
ftr-358	566	7	.	.	PUNCT
ftr-358	567	1	402	402	NUM
ftr-358	567	2	florida	florida	PROPN
ftr-358	567	3	tax	tax	NOUN
ftr-358	567	4	review	review	NOUN
ftr-358	567	5	[	[	X
ftr-358	567	6	vol	vol	NOUN
ftr-358	567	7	.	.	PUNCT
ftr-358	568	1	10:5	10:5	NUM
ftr-358	568	2	it	it	PRON
ftr-358	568	3	is	be	AUX
ftr-358	568	4	possible	possible	ADJ
ftr-358	568	5	that	that	SCONJ
ftr-358	568	6	,	,	PUNCT
ftr-358	568	7	if	if	SCONJ
ftr-358	568	8	adopted	adopt	VERB
ftr-358	568	9	as	as	ADP
ftr-358	568	10	a	a	DET
ftr-358	568	11	general	general	ADJ
ftr-358	568	12	rule	rule	NOUN
ftr-358	568	13	,	,	PUNCT
ftr-358	568	14	the	the	DET
ftr-358	568	15	imposition	imposition	NOUN
ftr-358	568	16	of	of	ADP
ftr-358	568	17	tax	tax	NOUN
ftr-358	568	18	on	on	ADP
ftr-358	568	19	asset	asset	NOUN
ftr-358	568	20	appreciation	appreciation	NOUN
ftr-358	568	21	as	as	SCONJ
ftr-358	568	22	it	it	PRON
ftr-358	568	23	occurs	occur	VERB
ftr-358	568	24	would	would	AUX
ftr-358	568	25	be	be	AUX
ftr-358	568	26	better	well	ADJ
ftr-358	568	27	than	than	ADP
ftr-358	568	28	deferring	defer	VERB
ftr-358	568	29	tax	tax	NOUN
ftr-358	568	30	until	until	ADP
ftr-358	568	31	realization	realization	NOUN
ftr-358	568	32	.	.	PUNCT
ftr-358	569	1	nonetheless	nonetheless	ADV
ftr-358	569	2	,	,	PUNCT
ftr-358	569	3	practical	practical	ADJ
ftr-358	569	4	considerations	consideration	NOUN
ftr-358	569	5	—	—	PUNCT
ftr-358	569	6	particularly	particularly	ADV
ftr-358	569	7	evaluation	evaluation	NOUN
ftr-358	569	8	and	and	CCONJ
ftr-358	569	9	liquidity	liquidity	NOUN
ftr-358	569	10	—	—	PUNCT
ftr-358	569	11	prevent	prevent	VERB
ftr-358	569	12	the	the	DET
ftr-358	569	13	adoption	adoption	NOUN
ftr-358	569	14	of	of	ADP
ftr-358	569	15	a	a	DET
ftr-358	569	16	strictly	strictly	ADV
ftr-358	569	17	accrual	accrual	ADJ
ftr-358	569	18	-	-	PUNCT
ftr-358	569	19	based	base	VERB
ftr-358	569	20	tax	tax	NOUN
ftr-358	569	21	system	system	NOUN
ftr-358	569	22	and	and	CCONJ
ftr-358	569	23	,	,	PUNCT
ftr-358	569	24	in	in	ADP
ftr-358	569	25	most	most	ADJ
ftr-358	569	26	cases	case	NOUN
ftr-358	569	27	,	,	PUNCT
ftr-358	569	28	dictate	dictate	VERB
ftr-358	569	29	retention	retention	NOUN
ftr-358	569	30	of	of	ADP
ftr-358	569	31	the	the	DET
ftr-358	569	32	realization	realization	NOUN
ftr-358	569	33	model	model	NOUN
ftr-358	569	34	.	.	PUNCT
ftr-358	570	1	in	in	ADP
ftr-358	570	2	this	this	DET
ftr-358	570	3	instance	instance	NOUN
ftr-358	570	4	,	,	PUNCT
ftr-358	570	5	the	the	DET
ftr-358	570	6	tax	tax	NOUN
ftr-358	570	7	system	system	NOUN
ftr-358	570	8	deviates	deviate	VERB
ftr-358	570	9	from	from	ADP
ftr-358	570	10	the	the	DET
ftr-358	570	11	ideal	ideal	NOUN
ftr-358	570	12	.	.	PUNCT
ftr-358	571	1	this	this	DET
ftr-358	571	2	deviation	deviation	NOUN
ftr-358	571	3	can	can	AUX
ftr-358	571	4	not	not	PART
ftr-358	571	5	be	be	AUX
ftr-358	571	6	ignored	ignore	VERB
ftr-358	571	7	when	when	SCONJ
ftr-358	571	8	considering	consider	VERB
ftr-358	571	9	the	the	DET
ftr-358	571	10	proper	proper	ADJ
ftr-358	571	11	tax	tax	NOUN
ftr-358	571	12	treatment	treatment	NOUN
ftr-358	571	13	of	of	ADP
ftr-358	571	14	gains	gain	NOUN
ftr-358	571	15	,	,	PUNCT
ftr-358	571	16	when	when	SCONJ
ftr-358	571	17	circumstances	circumstance	NOUN
ftr-358	571	18	allow	allow	VERB
ftr-358	571	19	for	for	ADP
ftr-358	571	20	the	the	DET
ftr-358	571	21	imposition	imposition	NOUN
ftr-358	571	22	of	of	ADP
ftr-358	571	23	accrual	accrual	ADJ
ftr-358	571	24	-	-	PUNCT
ftr-358	571	25	based	base	VERB
ftr-358	571	26	taxation	taxation	NOUN
ftr-358	571	27	.	.	PUNCT
ftr-358	572	1	in	in	ADP
ftr-358	572	2	other	other	ADJ
ftr-358	572	3	words	word	NOUN
ftr-358	572	4	,	,	PUNCT
ftr-358	572	5	from	from	ADP
ftr-358	572	6	the	the	DET
ftr-358	572	7	fact	fact	NOUN
ftr-358	572	8	that	that	SCONJ
ftr-358	572	9	a	a	DET
ftr-358	572	10	universally	universally	ADV
ftr-358	572	11	applied	apply	VERB
ftr-358	572	12	accrual	accrual	ADJ
ftr-358	572	13	-	-	PUNCT
ftr-358	572	14	based	base	VERB
ftr-358	572	15	tax	tax	NOUN
ftr-358	572	16	would	would	AUX
ftr-358	572	17	be	be	AUX
ftr-358	572	18	preferable	preferable	ADJ
ftr-358	572	19	to	to	ADP
ftr-358	572	20	a	a	DET
ftr-358	572	21	realization	realization	NOUN
ftr-358	572	22	-	-	PUNCT
ftr-358	572	23	based	base	VERB
ftr-358	572	24	tax	tax	NOUN
ftr-358	572	25	,	,	PUNCT
ftr-358	572	26	one	one	PRON
ftr-358	572	27	can	can	AUX
ftr-358	572	28	not	not	PART
ftr-358	572	29	necessarily	necessarily	ADV
ftr-358	572	30	infer	infer	VERB
ftr-358	572	31	that	that	SCONJ
ftr-358	572	32	,	,	PUNCT
ftr-358	572	33	in	in	ADP
ftr-358	572	34	an	an	DET
ftr-358	572	35	environment	environment	NOUN
ftr-358	572	36	of	of	ADP
ftr-358	572	37	realization	realization	NOUN
ftr-358	572	38	-	-	PUNCT
ftr-358	572	39	based	base	VERB
ftr-358	572	40	tax	tax	NOUN
ftr-358	572	41	,	,	PUNCT
ftr-358	572	42	imposition	imposition	NOUN
ftr-358	572	43	of	of	ADP
ftr-358	572	44	accrual	accrual	ADJ
ftr-358	572	45	-	-	PUNCT
ftr-358	572	46	based	base	VERB
ftr-358	572	47	tax	tax	NOUN
ftr-358	572	48	on	on	ADP
ftr-358	572	49	gain	gain	NOUN
ftr-358	572	50	from	from	ADP
ftr-358	572	51	a	a	DET
ftr-358	572	52	specific	specific	ADJ
ftr-358	572	53	type	type	NOUN
ftr-358	572	54	of	of	ADP
ftr-358	572	55	asset	asset	NOUN
ftr-358	572	56	is	be	AUX
ftr-358	572	57	advisable	advisable	ADJ
ftr-358	572	58	.	.	PUNCT
ftr-358	573	1	the	the	DET
ftr-358	573	2	fact	fact	NOUN
ftr-358	573	3	that	that	SCONJ
ftr-358	573	4	different	different	ADJ
ftr-358	573	5	types	type	NOUN
ftr-358	573	6	of	of	ADP
ftr-358	573	7	gain	gain	NOUN
ftr-358	573	8	would	would	AUX
ftr-358	573	9	be	be	AUX
ftr-358	573	10	subject	subject	ADJ
ftr-358	573	11	to	to	ADP
ftr-358	573	12	different	different	ADJ
ftr-358	573	13	tax	tax	NOUN
ftr-358	573	14	regimes	regime	NOUN
ftr-358	573	15	might	might	AUX
ftr-358	573	16	create	create	VERB
ftr-358	573	17	distortions	distortion	NOUN
ftr-358	573	18	the	the	DET
ftr-358	573	19	cost	cost	NOUN
ftr-358	573	20	of	of	ADP
ftr-358	573	21	which	which	PRON
ftr-358	573	22	would	would	AUX
ftr-358	573	23	be	be	AUX
ftr-358	573	24	greater	great	ADJ
ftr-358	573	25	that	that	SCONJ
ftr-358	573	26	the	the	DET
ftr-358	573	27	benefit	benefit	NOUN
ftr-358	573	28	achievable	achievable	ADJ
ftr-358	573	29	from	from	ADP
ftr-358	573	30	the	the	DET
ftr-358	573	31	(	(	PUNCT
ftr-358	573	32	narrow	narrow	ADJ
ftr-358	573	33	)	)	PUNCT
ftr-358	573	34	imposition	imposition	NOUN
ftr-358	573	35	of	of	ADP
ftr-358	573	36	accrual	accrual	ADJ
ftr-358	573	37	-	-	PUNCT
ftr-358	573	38	based	base	VERB
ftr-358	573	39	tax.48	tax.48	NOUN
ftr-358	573	40	the	the	DET
ftr-358	573	41	major	major	ADJ
ftr-358	573	42	disadvantage	disadvantage	NOUN
ftr-358	573	43	inherent	inherent	ADJ
ftr-358	573	44	in	in	ADP
ftr-358	573	45	a	a	DET
ftr-358	573	46	system	system	NOUN
ftr-358	573	47	with	with	ADP
ftr-358	573	48	differential	differential	ADJ
ftr-358	573	49	tax	tax	NOUN
ftr-358	573	50	regimes	regime	NOUN
ftr-358	573	51	is	be	AUX
ftr-358	573	52	the	the	DET
ftr-358	573	53	likelihood	likelihood	NOUN
ftr-358	573	54	that	that	SCONJ
ftr-358	573	55	economic	economic	ADJ
ftr-358	573	56	resources	resource	NOUN
ftr-358	573	57	will	will	AUX
ftr-358	573	58	be	be	AUX
ftr-358	573	59	diverted	divert	VERB
ftr-358	573	60	from	from	ADP
ftr-358	573	61	their	their	PRON
ftr-358	573	62	most	most	ADV
ftr-358	573	63	efficient	efficient	ADJ
ftr-358	573	64	uses	use	NOUN
ftr-358	573	65	.	.	PUNCT
ftr-358	574	1	when	when	SCONJ
ftr-358	574	2	different	different	ADJ
ftr-358	574	3	investments	investment	NOUN
ftr-358	574	4	incur	incur	VERB
ftr-358	574	5	different	different	ADJ
ftr-358	574	6	tax	tax	NOUN
ftr-358	574	7	liabilities	liability	NOUN
ftr-358	574	8	,	,	PUNCT
ftr-358	574	9	the	the	DET
ftr-358	574	10	tax	tax	NOUN
ftr-358	574	11	consequences	consequence	NOUN
ftr-358	574	12	could	could	AUX
ftr-358	574	13	constitute	constitute	VERB
ftr-358	574	14	an	an	DET
ftr-358	574	15	important	important	ADJ
ftr-358	574	16	factor	factor	NOUN
ftr-358	574	17	in	in	ADP
ftr-358	574	18	choosing	choose	VERB
ftr-358	574	19	investments	investment	NOUN
ftr-358	574	20	.	.	PUNCT
ftr-358	575	1	when	when	SCONJ
ftr-358	575	2	the	the	DET
ftr-358	575	3	investment	investment	NOUN
ftr-358	575	4	decision	decision	NOUN
ftr-358	575	5	is	be	AUX
ftr-358	575	6	different	different	ADJ
ftr-358	575	7	than	than	SCONJ
ftr-358	575	8	it	it	PRON
ftr-358	575	9	would	would	AUX
ftr-358	575	10	have	have	AUX
ftr-358	575	11	been	be	AUX
ftr-358	575	12	were	be	AUX
ftr-358	575	13	the	the	DET
ftr-358	575	14	tax	tax	NOUN
ftr-358	575	15	consequences	consequence	NOUN
ftr-358	575	16	not	not	PART
ftr-358	575	17	factored	factor	VERB
ftr-358	575	18	into	into	ADP
ftr-358	575	19	the	the	DET
ftr-358	575	20	decision	decision	NOUN
ftr-358	575	21	,	,	PUNCT
ftr-358	575	22	the	the	DET
ftr-358	575	23	result	result	NOUN
ftr-358	575	24	,	,	PUNCT
ftr-358	575	25	in	in	ADP
ftr-358	575	26	most	most	ADJ
ftr-358	575	27	cases	case	NOUN
ftr-358	575	28	,	,	PUNCT
ftr-358	575	29	is	be	AUX
ftr-358	575	30	economic	economic	ADJ
ftr-358	575	31	inefficiency	inefficiency	NOUN
ftr-358	575	32	.	.	PUNCT
ftr-358	576	1	specifically	specifically	ADV
ftr-358	576	2	,	,	PUNCT
ftr-358	576	3	imposing	impose	VERB
ftr-358	576	4	a	a	DET
ftr-358	576	5	mark	mark	NOUN
ftr-358	576	6	-	-	PUNCT
ftr-358	576	7	tomarket	tomarket	NOUN
ftr-358	576	8	tax	tax	NOUN
ftr-358	576	9	regime	regime	NOUN
ftr-358	576	10	on	on	ADP
ftr-358	576	11	the	the	DET
ftr-358	576	12	stock	stock	NOUN
ftr-358	576	13	market	market	NOUN
ftr-358	576	14	while	while	SCONJ
ftr-358	576	15	the	the	DET
ftr-358	576	16	tax	tax	NOUN
ftr-358	576	17	on	on	ADP
ftr-358	576	18	appreciation	appreciation	NOUN
ftr-358	576	19	of	of	ADP
ftr-358	576	20	other	other	ADJ
ftr-358	576	21	assets	asset	NOUN
ftr-358	576	22	is	be	AUX
ftr-358	576	23	deferred	defer	VERB
ftr-358	576	24	until	until	SCONJ
ftr-358	576	25	realization	realization	NOUN
ftr-358	576	26	could	could	AUX
ftr-358	576	27	damper	damper	VERB
ftr-358	576	28	the	the	DET
ftr-358	576	29	demand	demand	NOUN
ftr-358	576	30	for	for	ADP
ftr-358	576	31	publicly	publicly	ADV
ftr-358	576	32	-	-	PUNCT
ftr-358	576	33	held	hold	VERB
ftr-358	576	34	stock	stock	NOUN
ftr-358	576	35	,	,	PUNCT
ftr-358	576	36	prevent	prevent	VERB
ftr-358	576	37	corporations	corporation	NOUN
ftr-358	576	38	from	from	ADP
ftr-358	576	39	raising	raise	VERB
ftr-358	576	40	capital	capital	NOUN
ftr-358	576	41	,	,	PUNCT
ftr-358	576	42	and	and	CCONJ
ftr-358	576	43	distort	distort	VERB
ftr-358	576	44	investment	investment	NOUN
ftr-358	576	45	decisions	decision	NOUN
ftr-358	576	46	.	.	PUNCT
ftr-358	577	1	the	the	DET
ftr-358	577	2	losses	loss	NOUN
ftr-358	577	3	to	to	ADP
ftr-358	577	4	society	society	NOUN
ftr-358	577	5	from	from	ADP
ftr-358	577	6	mark	mark	NOUN
ftr-358	577	7	-	-	PUNCT
ftr-358	577	8	to	to	ADP
ftr-358	577	9	-	-	PUNCT
ftr-358	577	10	market	market	NOUN
ftr-358	577	11	taxation	taxation	NOUN
ftr-358	577	12	might	might	AUX
ftr-358	577	13	overwhelm	overwhelm	VERB
ftr-358	577	14	any	any	DET
ftr-358	577	15	gain	gain	NOUN
ftr-358	577	16	therefrom.49	therefrom.49	NOUN
ftr-358	577	17	nonetheless	nonetheless	ADV
ftr-358	577	18	,	,	PUNCT
ftr-358	577	19	it	it	PRON
ftr-358	577	20	does	do	AUX
ftr-358	577	21	not	not	PART
ftr-358	577	22	appear	appear	VERB
ftr-358	577	23	that	that	SCONJ
ftr-358	577	24	the	the	DET
ftr-358	577	25	fear	fear	NOUN
ftr-358	577	26	of	of	ADP
ftr-358	577	27	creating	create	VERB
ftr-358	577	28	disequilibrium	disequilibrium	NOUN
ftr-358	577	29	in	in	ADP
ftr-358	577	30	the	the	DET
ftr-358	577	31	market	market	NOUN
ftr-358	577	32	by	by	ADP
ftr-358	577	33	imposing	impose	VERB
ftr-358	577	34	different	different	ADJ
ftr-358	577	35	tax	tax	NOUN
ftr-358	577	36	regimes	regime	NOUN
ftr-358	577	37	on	on	ADP
ftr-358	577	38	publiclytraded	publiclytrade	VERB
ftr-358	577	39	securities	security	NOUN
ftr-358	577	40	as	as	SCONJ
ftr-358	577	41	opposed	oppose	VERB
ftr-358	577	42	to	to	PART
ftr-358	577	43	non	non	ADJ
ftr-358	577	44	publicly	publicly	ADV
ftr-358	577	45	-	-	PUNCT
ftr-358	577	46	traded	trade	VERB
ftr-358	577	47	assets	asset	NOUN
ftr-358	577	48	is	be	AUX
ftr-358	577	49	a	a	DET
ftr-358	577	50	major	major	ADJ
ftr-358	577	51	impediment	impediment	NOUN
ftr-358	577	52	to	to	ADP
ftr-358	577	53	the	the	DET
ftr-358	577	54	introduction	introduction	NOUN
ftr-358	577	55	of	of	ADP
ftr-358	577	56	mark	mark	NOUN
ftr-358	577	57	-	-	PUNCT
ftr-358	577	58	to	to	ADP
ftr-358	577	59	-	-	PUNCT
ftr-358	577	60	market	market	NOUN
ftr-358	577	61	taxation	taxation	NOUN
ftr-358	577	62	.	.	PUNCT
ftr-358	578	1	differential	differential	ADJ
ftr-358	578	2	tax	tax	NOUN
ftr-358	578	3	regimes	regime	NOUN
ftr-358	578	4	create	create	VERB
ftr-358	578	5	economic	economic	ADJ
ftr-358	578	6	inefficiencies	inefficiency	NOUN
ftr-358	578	7	due	due	ADP
ftr-358	578	8	to	to	ADP
ftr-358	578	9	the	the	DET
ftr-358	578	10	substitution	substitution	NOUN
ftr-358	578	11	effect	effect	NOUN
ftr-358	578	12	:	:	PUNCT
ftr-358	578	13	when	when	SCONJ
ftr-358	578	14	a	a	DET
ftr-358	578	15	taxpayer	taxpayer	NOUN
ftr-358	578	16	faces	face	VERB
ftr-358	578	17	a	a	DET
ftr-358	578	18	choice	choice	NOUN
ftr-358	578	19	among	among	ADP
ftr-358	578	20	several	several	ADJ
ftr-358	578	21	options	option	NOUN
ftr-358	578	22	,	,	PUNCT
ftr-358	578	23	she	she	PRON
ftr-358	578	24	might	might	AUX
ftr-358	578	25	choose	choose	VERB
ftr-358	578	26	option	option	NOUN
ftr-358	578	27	a	a	DET
ftr-358	578	28	because	because	SCONJ
ftr-358	578	29	of	of	ADP
ftr-358	578	30	the	the	DET
ftr-358	578	31	attractive	attractive	ADJ
ftr-358	578	32	tax	tax	NOUN
ftr-358	578	33	regime	regime	NOUN
ftr-358	578	34	despite	despite	SCONJ
ftr-358	578	35	the	the	DET
ftr-358	578	36	fact	fact	NOUN
ftr-358	578	37	that	that	SCONJ
ftr-358	578	38	she	she	PRON
ftr-358	578	39	would	would	AUX
ftr-358	578	40	have	have	AUX
ftr-358	578	41	chosen	choose	VERB
ftr-358	578	42	option	option	NOUN
ftr-358	578	43	b	b	NOUN
ftr-358	578	44	in	in	ADP
ftr-358	578	45	the	the	DET
ftr-358	578	46	absence	absence	NOUN
ftr-358	578	47	of	of	ADP
ftr-358	578	48	tax	tax	NOUN
ftr-358	578	49	considerations	consideration	NOUN
ftr-358	578	50	.	.	PUNCT
ftr-358	579	1	accordingly	accordingly	ADV
ftr-358	579	2	,	,	PUNCT
ftr-358	579	3	the	the	PRON
ftr-358	579	4	lesser	less	ADJ
ftr-358	579	5	the	the	DET
ftr-358	579	6	substitution	substitution	NOUN
ftr-358	579	7	effect	effect	NOUN
ftr-358	579	8	,	,	PUNCT
ftr-358	579	9	the	the	PRON
ftr-358	579	10	greater	great	ADJ
ftr-358	579	11	the	the	DET
ftr-358	579	12	economic	economic	ADJ
ftr-358	579	13	efficiency	efficiency	NOUN
ftr-358	579	14	of	of	ADP
ftr-358	579	15	the	the	DET
ftr-358	579	16	tax.50	tax.50	PROPN
ftr-358	579	17	the	the	DET
ftr-358	579	18	substitution	substitution	NOUN
ftr-358	579	19	effect	effect	NOUN
ftr-358	579	20	is	be	AUX
ftr-358	579	21	a	a	DET
ftr-358	579	22	function	function	NOUN
ftr-358	579	23	of	of	ADP
ftr-358	579	24	the	the	DET
ftr-358	579	25	elasticity	elasticity	NOUN
ftr-358	579	26	of	of	ADP
ftr-358	579	27	the	the	DET
ftr-358	579	28	tax	tax	NOUN
ftr-358	579	29	base	base	NOUN
ftr-358	579	30	.	.	PUNCT
ftr-358	580	1	the	the	PRON
ftr-358	580	2	more	more	ADV
ftr-358	580	3	easily	easily	ADV
ftr-358	580	4	the	the	DET
ftr-358	580	5	taxpayer	taxpayer	NOUN
ftr-358	580	6	can	can	AUX
ftr-358	580	7	switch	switch	VERB
ftr-358	580	8	from	from	ADP
ftr-358	580	9	one	one	NUM
ftr-358	580	10	mode	mode	NOUN
ftr-358	580	11	of	of	ADP
ftr-358	580	12	behavior	behavior	NOUN
ftr-358	580	13	to	to	ADP
ftr-358	580	14	48	48	NUM
ftr-358	580	15	.	.	PUNCT
ftr-358	581	1	see	see	VERB
ftr-358	581	2	weisbach	weisbach	NOUN
ftr-358	581	3	,	,	PUNCT
ftr-358	581	4	supra	supra	ADJ
ftr-358	581	5	note	note	NOUN
ftr-358	581	6	4	4	NUM
ftr-358	581	7	,	,	PUNCT
ftr-358	581	8	at	at	ADP
ftr-358	581	9	97	97	NUM
ftr-358	581	10	.	.	NOUN
ftr-358	581	11	49	49	NUM
ftr-358	581	12	.	.	PUNCT
ftr-358	582	1	see	see	VERB
ftr-358	582	2	zelinsky	zelinsky	ADJ
ftr-358	582	3	,	,	PUNCT
ftr-358	582	4	supra	supra	ADJ
ftr-358	582	5	note	note	NOUN
ftr-358	582	6	7	7	NUM
ftr-358	582	7	,	,	PUNCT
ftr-358	582	8	at	at	ADP
ftr-358	582	9	918–47	918–47	NUM
ftr-358	582	10	.	.	PROPN
ftr-358	583	1	50	50	NUM
ftr-358	583	2	.	.	PUNCT
ftr-358	584	1	see	see	VERB
ftr-358	584	2	jay	jay	PROPN
ftr-358	584	3	hausman	hausman	PROPN
ftr-358	584	4	,	,	PUNCT
ftr-358	584	5	in	in	ADP
ftr-358	584	6	labor	labor	NOUN
ftr-358	584	7	supply	supply	NOUN
ftr-358	584	8	,	,	PUNCT
ftr-358	584	9	how	how	SCONJ
ftr-358	584	10	taxes	taxis	NOUN
ftr-358	584	11	affect	affect	VERB
ftr-358	584	12	economic	economic	ADJ
ftr-358	584	13	behavior	behavior	NOUN
ftr-358	584	14	27	27	NUM
ftr-358	584	15	,	,	PUNCT
ftr-358	584	16	27	27	NUM
ftr-358	584	17	-	-	SYM
ftr-358	584	18	28	28	NUM
ftr-358	584	19	(	(	PUNCT
ftr-358	584	20	henry	henry	PROPN
ftr-358	584	21	j.	j.	PROPN
ftr-358	584	22	aaron	aaron	PROPN
ftr-358	584	23	&	&	CCONJ
ftr-358	584	24	joseph	joseph	PROPN
ftr-358	584	25	a.	a.	PROPN
ftr-358	584	26	pechman	pechman	PROPN
ftr-358	584	27	eds	eds	PROPN
ftr-358	584	28	.	.	PROPN
ftr-358	584	29	,	,	PUNCT
ftr-358	584	30	brookings	brookings	PROPN
ftr-358	584	31	institution	institution	NOUN
ftr-358	584	32	1981	1981	NUM
ftr-358	584	33	)	)	PUNCT
ftr-358	584	34	.	.	PUNCT
ftr-358	585	1	2010	2010	NUM
ftr-358	585	2	]	]	PUNCT
ftr-358	585	3	the	the	DET
ftr-358	585	4	myth	myth	NOUN
ftr-358	585	5	of	of	ADP
ftr-358	585	6	realization	realization	NOUN
ftr-358	585	7	:	:	PUNCT
ftr-358	585	8	mark	mark	NOUN
ftr-358	585	9	-	-	PUNCT
ftr-358	585	10	to	to	ADP
ftr-358	585	11	-	-	PUNCT
ftr-358	585	12	market	market	NOUN
ftr-358	585	13	taxation	taxation	NOUN
ftr-358	585	14	403	403	NUM
ftr-358	585	15	another	another	DET
ftr-358	585	16	,	,	PUNCT
ftr-358	585	17	the	the	PRON
ftr-358	585	18	more	more	ADV
ftr-358	585	19	significant	significant	ADJ
ftr-358	585	20	the	the	DET
ftr-358	585	21	tax	tax	NOUN
ftr-358	585	22	factor	factor	NOUN
ftr-358	585	23	becomes	become	VERB
ftr-358	585	24	.	.	PUNCT
ftr-358	586	1	conversely	conversely	ADV
ftr-358	586	2	,	,	PUNCT
ftr-358	586	3	the	the	DET
ftr-358	586	4	less	less	ADV
ftr-358	586	5	elastic	elastic	ADJ
ftr-358	586	6	the	the	DET
ftr-358	586	7	tax	tax	NOUN
ftr-358	586	8	base	base	NOUN
ftr-358	586	9	,	,	PUNCT
ftr-358	586	10	the	the	PRON
ftr-358	586	11	weaker	weak	ADJ
ftr-358	586	12	the	the	DET
ftr-358	586	13	substitution	substitution	NOUN
ftr-358	586	14	effect.51	effect.51	NOUN
ftr-358	586	15	income	income	NOUN
ftr-358	586	16	tax	tax	NOUN
ftr-358	586	17	is	be	AUX
ftr-358	586	18	not	not	PART
ftr-358	586	19	imposed	impose	VERB
ftr-358	586	20	in	in	ADP
ftr-358	586	21	a	a	DET
ftr-358	586	22	uniform	uniform	ADJ
ftr-358	586	23	manner	manner	NOUN
ftr-358	586	24	.	.	PUNCT
ftr-358	587	1	income	income	NOUN
ftr-358	587	2	earned	earn	VERB
ftr-358	587	3	through	through	ADP
ftr-358	587	4	a	a	DET
ftr-358	587	5	corporation	corporation	NOUN
ftr-358	587	6	is	be	AUX
ftr-358	587	7	taxed	tax	VERB
ftr-358	587	8	differently	differently	ADV
ftr-358	587	9	than	than	ADP
ftr-358	587	10	income	income	NOUN
ftr-358	587	11	earned	earn	VERB
ftr-358	587	12	directly	directly	ADV
ftr-358	587	13	by	by	ADP
ftr-358	587	14	an	an	DET
ftr-358	587	15	individual	individual	NOUN
ftr-358	587	16	;	;	PUNCT
ftr-358	587	17	capital	capital	NOUN
ftr-358	587	18	gains	gain	NOUN
ftr-358	587	19	are	be	AUX
ftr-358	587	20	taxed	tax	VERB
ftr-358	587	21	differently	differently	ADV
ftr-358	587	22	than	than	ADP
ftr-358	587	23	ordinary	ordinary	ADJ
ftr-358	587	24	income	income	NOUN
ftr-358	587	25	;	;	PUNCT
ftr-358	587	26	passive	passive	ADJ
ftr-358	587	27	income	income	NOUN
ftr-358	587	28	is	be	AUX
ftr-358	587	29	often	often	ADV
ftr-358	587	30	taxed	tax	VERB
ftr-358	587	31	differently	differently	ADV
ftr-358	587	32	than	than	ADP
ftr-358	587	33	wages	wage	NOUN
ftr-358	587	34	or	or	CCONJ
ftr-358	587	35	self	self	NOUN
ftr-358	587	36	-	-	PUNCT
ftr-358	587	37	employed	employ	VERB
ftr-358	587	38	income	income	NOUN
ftr-358	587	39	.	.	PUNCT
ftr-358	588	1	various	various	ADJ
ftr-358	588	2	and	and	CCONJ
ftr-358	588	3	sundry	sundry	ADJ
ftr-358	588	4	considerations	consideration	NOUN
ftr-358	588	5	—	—	PUNCT
ftr-358	588	6	some	some	PRON
ftr-358	588	7	justified	justified	ADJ
ftr-358	588	8	and	and	CCONJ
ftr-358	588	9	some	some	PRON
ftr-358	588	10	not	not	PART
ftr-358	588	11	—	—	PUNCT
ftr-358	588	12	have	have	AUX
ftr-358	588	13	led	lead	VERB
ftr-358	588	14	congress	congress	PROPN
ftr-358	588	15	to	to	PART
ftr-358	588	16	adopt	adopt	VERB
ftr-358	588	17	a	a	DET
ftr-358	588	18	tax	tax	NOUN
ftr-358	588	19	system	system	NOUN
ftr-358	588	20	composed	compose	VERB
ftr-358	588	21	of	of	ADP
ftr-358	588	22	different	different	ADJ
ftr-358	588	23	,	,	PUNCT
ftr-358	588	24	and	and	CCONJ
ftr-358	588	25	competing	compete	VERB
ftr-358	588	26	,	,	PUNCT
ftr-358	588	27	tax	tax	NOUN
ftr-358	588	28	regimes	regime	NOUN
ftr-358	588	29	.	.	PUNCT
ftr-358	589	1	just	just	ADV
ftr-358	589	2	as	as	ADP
ftr-358	589	3	one	one	NUM
ftr-358	589	4	who	who	PRON
ftr-358	589	5	proposes	propose	VERB
ftr-358	589	6	imposing	impose	VERB
ftr-358	589	7	mark	mark	NOUN
ftr-358	589	8	-	-	PUNCT
ftr-358	589	9	to	to	ADP
ftr-358	589	10	-	-	PUNCT
ftr-358	589	11	market	market	NOUN
ftr-358	589	12	taxation	taxation	NOUN
ftr-358	589	13	on	on	ADP
ftr-358	589	14	publicly	publicly	ADV
ftr-358	589	15	traded	trade	VERB
ftr-358	589	16	securities	security	NOUN
ftr-358	589	17	can	can	AUX
ftr-358	589	18	not	not	PART
ftr-358	589	19	ignore	ignore	VERB
ftr-358	589	20	the	the	DET
ftr-358	589	21	fact	fact	NOUN
ftr-358	589	22	that	that	SCONJ
ftr-358	589	23	gain	gain	NOUN
ftr-358	589	24	from	from	ADP
ftr-358	589	25	other	other	ADJ
ftr-358	589	26	assets	asset	NOUN
ftr-358	589	27	is	be	AUX
ftr-358	589	28	taxed	tax	VERB
ftr-358	589	29	only	only	ADV
ftr-358	589	30	upon	upon	SCONJ
ftr-358	589	31	realization	realization	NOUN
ftr-358	589	32	,	,	PUNCT
ftr-358	589	33	one	one	NUM
ftr-358	589	34	who	who	PRON
ftr-358	589	35	proposes	propose	VERB
ftr-358	589	36	imposing	impose	VERB
ftr-358	589	37	tax	tax	NOUN
ftr-358	589	38	on	on	ADP
ftr-358	589	39	the	the	DET
ftr-358	589	40	gain	gain	NOUN
ftr-358	589	41	from	from	ADP
ftr-358	589	42	publicly	publicly	ADV
ftr-358	589	43	-	-	PUNCT
ftr-358	589	44	traded	trade	VERB
ftr-358	589	45	securities	security	NOUN
ftr-358	589	46	only	only	ADV
ftr-358	589	47	upon	upon	SCONJ
ftr-358	589	48	realization	realization	NOUN
ftr-358	589	49	can	can	AUX
ftr-358	589	50	not	not	PART
ftr-358	589	51	ignore	ignore	VERB
ftr-358	589	52	the	the	DET
ftr-358	589	53	fact	fact	NOUN
ftr-358	589	54	that	that	SCONJ
ftr-358	589	55	,	,	PUNCT
ftr-358	589	56	in	in	ADP
ftr-358	589	57	any	any	DET
ftr-358	589	58	case	case	NOUN
ftr-358	589	59	,	,	PUNCT
ftr-358	589	60	the	the	DET
ftr-358	589	61	tax	tax	NOUN
ftr-358	589	62	structure	structure	NOUN
ftr-358	589	63	contains	contain	VERB
ftr-358	589	64	many	many	ADJ
ftr-358	589	65	and	and	CCONJ
ftr-358	589	66	varied	varied	ADJ
ftr-358	589	67	tax	tax	NOUN
ftr-358	589	68	regimes	regime	NOUN
ftr-358	589	69	.	.	PUNCT
ftr-358	590	1	thus	thus	ADV
ftr-358	590	2	,	,	PUNCT
ftr-358	590	3	the	the	DET
ftr-358	590	4	question	question	NOUN
ftr-358	590	5	is	be	AUX
ftr-358	590	6	not	not	PART
ftr-358	590	7	whether	whether	SCONJ
ftr-358	590	8	to	to	PART
ftr-358	590	9	institute	institute	VERB
ftr-358	590	10	a	a	DET
ftr-358	590	11	tax	tax	NOUN
ftr-358	590	12	structure	structure	NOUN
ftr-358	590	13	with	with	ADP
ftr-358	590	14	differential	differential	ADJ
ftr-358	590	15	tax	tax	NOUN
ftr-358	590	16	regimes	regime	NOUN
ftr-358	590	17	.	.	PUNCT
ftr-358	591	1	these	these	DET
ftr-358	591	2	regimes	regime	NOUN
ftr-358	591	3	exist	exist	VERB
ftr-358	591	4	.	.	PUNCT
ftr-358	592	1	the	the	DET
ftr-358	592	2	real	real	ADJ
ftr-358	592	3	question	question	NOUN
ftr-358	592	4	is	be	AUX
ftr-358	592	5	where	where	SCONJ
ftr-358	592	6	to	to	PART
ftr-358	592	7	draw	draw	VERB
ftr-358	592	8	the	the	DET
ftr-358	592	9	line	line	NOUN
ftr-358	592	10	between	between	ADP
ftr-358	592	11	one	one	NUM
ftr-358	592	12	tax	tax	NOUN
ftr-358	592	13	regime	regime	NOUN
ftr-358	592	14	and	and	CCONJ
ftr-358	592	15	another	another	PRON
ftr-358	592	16	.	.	PUNCT
ftr-358	593	1	because	because	SCONJ
ftr-358	593	2	any	any	DET
ftr-358	593	3	line	line	NOUN
ftr-358	593	4	,	,	PUNCT
ftr-358	593	5	wherever	wherever	SCONJ
ftr-358	593	6	drawn	draw	VERB
ftr-358	593	7	,	,	PUNCT
ftr-358	593	8	will	will	AUX
ftr-358	593	9	encourage	encourage	VERB
ftr-358	593	10	taxpayers	taxpayer	NOUN
ftr-358	593	11	to	to	PART
ftr-358	593	12	change	change	VERB
ftr-358	593	13	their	their	PRON
ftr-358	593	14	behavior	behavior	NOUN
ftr-358	593	15	in	in	ADP
ftr-358	593	16	order	order	NOUN
ftr-358	593	17	to	to	PART
ftr-358	593	18	benefit	benefit	VERB
ftr-358	593	19	from	from	ADP
ftr-358	593	20	the	the	DET
ftr-358	593	21	more	more	ADV
ftr-358	593	22	advantageous	advantageous	ADJ
ftr-358	593	23	tax	tax	NOUN
ftr-358	593	24	regime	regime	NOUN
ftr-358	593	25	,	,	PUNCT
ftr-358	593	26	considerations	consideration	NOUN
ftr-358	593	27	of	of	ADP
ftr-358	593	28	efficiency	efficiency	NOUN
ftr-358	593	29	would	would	AUX
ftr-358	593	30	dictate	dictate	VERB
ftr-358	593	31	drawing	draw	VERB
ftr-358	593	32	the	the	DET
ftr-358	593	33	line	line	NOUN
ftr-358	593	34	so	so	SCONJ
ftr-358	593	35	as	as	SCONJ
ftr-358	593	36	to	to	PART
ftr-358	593	37	minimize	minimize	VERB
ftr-358	593	38	the	the	DET
ftr-358	593	39	substitution	substitution	NOUN
ftr-358	593	40	effect	effect	NOUN
ftr-358	593	41	.	.	PUNCT
ftr-358	594	1	the	the	DET
ftr-358	594	2	economic	economic	ADJ
ftr-358	594	3	effect	effect	NOUN
ftr-358	594	4	of	of	ADP
ftr-358	594	5	imposing	impose	VERB
ftr-358	594	6	different	different	ADJ
ftr-358	594	7	tax	tax	NOUN
ftr-358	594	8	regimes	regime	NOUN
ftr-358	594	9	on	on	ADP
ftr-358	594	10	publiclytraded	publiclytraded	ADJ
ftr-358	594	11	securities	security	NOUN
ftr-358	594	12	,	,	PUNCT
ftr-358	594	13	on	on	ADP
ftr-358	594	14	the	the	DET
ftr-358	594	15	one	one	NUM
ftr-358	594	16	hand	hand	NOUN
ftr-358	594	17	,	,	PUNCT
ftr-358	594	18	and	and	CCONJ
ftr-358	594	19	other	other	ADJ
ftr-358	594	20	assets	asset	NOUN
ftr-358	594	21	,	,	PUNCT
ftr-358	594	22	on	on	ADP
ftr-358	594	23	the	the	DET
ftr-358	594	24	other	other	ADJ
ftr-358	594	25	,	,	PUNCT
ftr-358	594	26	depends	depend	VERB
ftr-358	594	27	therefore	therefore	ADV
ftr-358	594	28	on	on	ADP
ftr-358	594	29	the	the	DET
ftr-358	594	30	degree	degree	NOUN
ftr-358	594	31	of	of	ADP
ftr-358	594	32	substitutability	substitutability	NOUN
ftr-358	594	33	between	between	ADP
ftr-358	594	34	the	the	DET
ftr-358	594	35	two	two	NUM
ftr-358	594	36	.	.	PUNCT
ftr-358	595	1	for	for	ADP
ftr-358	595	2	a	a	DET
ftr-358	595	3	large	large	ADJ
ftr-358	595	4	number	number	NOUN
ftr-358	595	5	of	of	ADP
ftr-358	595	6	investors	investor	NOUN
ftr-358	595	7	,	,	PUNCT
ftr-358	595	8	the	the	DET
ftr-358	595	9	advantages	advantage	NOUN
ftr-358	595	10	of	of	ADP
ftr-358	595	11	investing	invest	VERB
ftr-358	595	12	in	in	ADP
ftr-358	595	13	the	the	DET
ftr-358	595	14	stock	stock	NOUN
ftr-358	595	15	market	market	NOUN
ftr-358	595	16	greatly	greatly	ADV
ftr-358	595	17	outweigh	outweigh	VERB
ftr-358	595	18	any	any	DET
ftr-358	595	19	disadvantages	disadvantage	NOUN
ftr-358	595	20	of	of	ADP
ftr-358	595	21	mark	mark	NOUN
ftr-358	595	22	-	-	PUNCT
ftr-358	595	23	to	to	ADP
ftr-358	595	24	-	-	PUNCT
ftr-358	595	25	market	market	NOUN
ftr-358	595	26	taxation	taxation	NOUN
ftr-358	595	27	.	.	PUNCT
ftr-358	596	1	these	these	DET
ftr-358	596	2	advantages	advantage	NOUN
ftr-358	596	3	include	include	VERB
ftr-358	596	4	liquidity	liquidity	NOUN
ftr-358	596	5	,	,	PUNCT
ftr-358	596	6	the	the	DET
ftr-358	596	7	ability	ability	NOUN
ftr-358	596	8	to	to	PART
ftr-358	596	9	invest	invest	VERB
ftr-358	596	10	relatively	relatively	ADV
ftr-358	596	11	small	small	ADJ
ftr-358	596	12	amounts	amount	NOUN
ftr-358	596	13	,	,	PUNCT
ftr-358	596	14	regulatory	regulatory	ADJ
ftr-358	596	15	oversight	oversight	NOUN
ftr-358	596	16	,	,	PUNCT
ftr-358	596	17	analyst	analyst	NOUN
ftr-358	596	18	coverage	coverage	NOUN
ftr-358	596	19	,	,	PUNCT
ftr-358	596	20	and	and	CCONJ
ftr-358	596	21	more	more	ADJ
ftr-358	596	22	.	.	PUNCT
ftr-358	597	1	the	the	DET
ftr-358	597	2	absence	absence	NOUN
ftr-358	597	3	of	of	ADP
ftr-358	597	4	these	these	DET
ftr-358	597	5	conditions	condition	NOUN
ftr-358	597	6	in	in	ADP
ftr-358	597	7	privately	privately	ADV
ftr-358	597	8	held	hold	VERB
ftr-358	597	9	corporations	corporation	NOUN
ftr-358	597	10	means	mean	VERB
ftr-358	597	11	that	that	SCONJ
ftr-358	597	12	,	,	PUNCT
ftr-358	597	13	for	for	ADP
ftr-358	597	14	a	a	DET
ftr-358	597	15	large	large	ADJ
ftr-358	597	16	segment	segment	NOUN
ftr-358	597	17	of	of	ADP
ftr-358	597	18	the	the	DET
ftr-358	597	19	population	population	NOUN
ftr-358	597	20	,	,	PUNCT
ftr-358	597	21	investing	invest	VERB
ftr-358	597	22	in	in	ADP
ftr-358	597	23	non	non	ADJ
ftr-358	597	24	publicly	publicly	ADV
ftr-358	597	25	-	-	PUNCT
ftr-358	597	26	traded	trade	VERB
ftr-358	597	27	shares	share	NOUN
ftr-358	597	28	is	be	AUX
ftr-358	597	29	not	not	PART
ftr-358	597	30	a	a	DET
ftr-358	597	31	viable	viable	ADJ
ftr-358	597	32	option.52	option.52	NOUN
ftr-358	597	33	moreover	moreover	ADV
ftr-358	597	34	,	,	PUNCT
ftr-358	597	35	while	while	SCONJ
ftr-358	597	36	it	it	PRON
ftr-358	597	37	is	be	AUX
ftr-358	597	38	true	true	ADJ
ftr-358	597	39	that	that	SCONJ
ftr-358	597	40	gain	gain	NOUN
ftr-358	597	41	from	from	ADP
ftr-358	597	42	the	the	DET
ftr-358	597	43	appreciation	appreciation	NOUN
ftr-358	597	44	of	of	ADP
ftr-358	597	45	non	non	ADJ
ftr-358	597	46	publicly	publicly	ADV
ftr-358	597	47	-	-	PUNCT
ftr-358	597	48	traded	trade	VERB
ftr-358	597	49	shares	share	NOUN
ftr-358	597	50	is	be	AUX
ftr-358	597	51	deferred	defer	VERB
ftr-358	597	52	until	until	ADP
ftr-358	597	53	sale	sale	NOUN
ftr-358	597	54	,	,	PUNCT
ftr-358	597	55	the	the	DET
ftr-358	597	56	tax	tax	NOUN
ftr-358	597	57	on	on	ADP
ftr-358	597	58	dividends	dividend	NOUN
ftr-358	597	59	and	and	CCONJ
ftr-358	597	60	interest	interest	NOUN
ftr-358	597	61	—	—	PUNCT
ftr-358	597	62	including	include	VERB
ftr-358	597	63	appreciation	appreciation	NOUN
ftr-358	597	64	due	due	ADP
ftr-358	597	65	to	to	ADP
ftr-358	597	66	original	original	ADJ
ftr-358	597	67	issue	issue	NOUN
ftr-358	597	68	discount	discount	NOUN
ftr-358	597	69	—	—	PUNCT
ftr-358	597	70	from	from	ADP
ftr-358	597	71	publicly	publicly	ADV
ftr-358	597	72	-	-	PUNCT
ftr-358	597	73	traded	trade	VERB
ftr-358	597	74	securities	security	NOUN
ftr-358	597	75	is	be	AUX
ftr-358	597	76	not	not	PART
ftr-358	597	77	so	so	ADV
ftr-358	597	78	deferred	deferred	ADJ
ftr-358	597	79	.	.	PUNCT
ftr-358	598	1	therefore	therefore	ADV
ftr-358	598	2	,	,	PUNCT
ftr-358	598	3	harmonizing	harmonize	VERB
ftr-358	598	4	the	the	DET
ftr-358	598	5	tax	tax	NOUN
ftr-358	598	6	regime	regime	NOUN
ftr-358	598	7	imposed	impose	VERB
ftr-358	598	8	on	on	ADP
ftr-358	598	9	gain	gain	NOUN
ftr-358	598	10	from	from	ADP
ftr-358	598	11	appreciation	appreciation	NOUN
ftr-358	598	12	of	of	ADP
ftr-358	598	13	publicly	publicly	ADV
ftr-358	598	14	-	-	PUNCT
ftr-358	598	15	held	hold	VERB
ftr-358	598	16	stock	stock	NOUN
ftr-358	598	17	with	with	ADP
ftr-358	598	18	that	that	PRON
ftr-358	598	19	imposed	impose	VERB
ftr-358	598	20	on	on	ADP
ftr-358	598	21	gain	gain	NOUN
ftr-358	598	22	from	from	ADP
ftr-358	598	23	shares	share	NOUN
ftr-358	598	24	in	in	ADP
ftr-358	598	25	privately	privately	ADV
ftr-358	598	26	-	-	PUNCT
ftr-358	598	27	held	hold	VERB
ftr-358	598	28	corporations	corporation	NOUN
ftr-358	598	29	,	,	PUNCT
ftr-358	598	30	requires	require	VERB
ftr-358	598	31	the	the	DET
ftr-358	598	32	creation	creation	NOUN
ftr-358	598	33	of	of	ADP
ftr-358	598	34	a	a	DET
ftr-358	598	35	disequilibrium	disequilibrium	NOUN
ftr-358	598	36	among	among	ADP
ftr-358	598	37	the	the	DET
ftr-358	598	38	various	various	ADJ
ftr-358	598	39	types	type	NOUN
ftr-358	598	40	of	of	ADP
ftr-358	598	41	income	income	NOUN
ftr-358	598	42	derived	derive	VERB
ftr-358	598	43	from	from	ADP
ftr-358	598	44	51	51	NUM
ftr-358	598	45	.	.	PUNCT
ftr-358	599	1	see	see	VERB
ftr-358	599	2	david	david	PROPN
ftr-358	599	3	elkins	elkins	PROPN
ftr-358	599	4	,	,	PUNCT
ftr-358	599	5	horizontal	horizontal	ADJ
ftr-358	599	6	equity	equity	NOUN
ftr-358	599	7	as	as	ADP
ftr-358	599	8	a	a	DET
ftr-358	599	9	principle	principle	NOUN
ftr-358	599	10	of	of	ADP
ftr-358	599	11	tax	tax	NOUN
ftr-358	599	12	theory	theory	NOUN
ftr-358	599	13	,	,	PUNCT
ftr-358	599	14	24	24	NUM
ftr-358	599	15	yale	yale	PROPN
ftr-358	599	16	l.	l.	PROPN
ftr-358	599	17	&	&	CCONJ
ftr-358	599	18	pol’y	pol’y	NOUN
ftr-358	599	19	rev	rev	PROPN
ftr-358	599	20	.	.	PROPN
ftr-358	599	21	43	43	NUM
ftr-358	599	22	,	,	PUNCT
ftr-358	599	23	49–50	49–50	NUM
ftr-358	599	24	(	(	PUNCT
ftr-358	599	25	2006	2006	NUM
ftr-358	599	26	)	)	PUNCT
ftr-358	599	27	;	;	PUNCT
ftr-358	599	28	weisbach	weisbach	NOUN
ftr-358	599	29	,	,	PUNCT
ftr-358	599	30	supra	supra	ADJ
ftr-358	599	31	note	note	PROPN
ftr-358	599	32	29	29	NUM
ftr-358	599	33	,	,	PUNCT
ftr-358	599	34	at	at	ADP
ftr-358	599	35	1656	1656	NUM
ftr-358	599	36	.	.	PUNCT
ftr-358	600	1	52	52	NUM
ftr-358	600	2	.	.	PUNCT
ftr-358	601	1	imposing	impose	VERB
ftr-358	601	2	a	a	DET
ftr-358	601	3	special	special	ADJ
ftr-358	601	4	tax	tax	NOUN
ftr-358	601	5	regime	regime	NOUN
ftr-358	601	6	on	on	ADP
ftr-358	601	7	publicly	publicly	ADV
ftr-358	601	8	-	-	PUNCT
ftr-358	601	9	traded	trade	VERB
ftr-358	601	10	stock	stock	NOUN
ftr-358	601	11	may	may	AUX
ftr-358	601	12	influence	influence	VERB
ftr-358	601	13	the	the	DET
ftr-358	601	14	decision	decision	NOUN
ftr-358	601	15	to	to	PART
ftr-358	601	16	offer	offer	VERB
ftr-358	601	17	shares	share	NOUN
ftr-358	601	18	to	to	ADP
ftr-358	601	19	the	the	DET
ftr-358	601	20	public	public	NOUN
ftr-358	601	21	in	in	ADP
ftr-358	601	22	the	the	DET
ftr-358	601	23	first	first	ADJ
ftr-358	601	24	place	place	NOUN
ftr-358	601	25	.	.	PUNCT
ftr-358	602	1	louie	louie	PROPN
ftr-358	602	2	,	,	PUNCT
ftr-358	602	3	supra	supra	PROPN
ftr-358	602	4	note	note	NOUN
ftr-358	602	5	4	4	NUM
ftr-358	602	6	,	,	PUNCT
ftr-358	602	7	at	at	ADP
ftr-358	602	8	870–71	870–71	NOUN
ftr-358	602	9	.	.	PUNCT
ftr-358	603	1	nonetheless	nonetheless	ADV
ftr-358	603	2	,	,	PUNCT
ftr-358	603	3	if	if	SCONJ
ftr-358	603	4	we	we	PRON
ftr-358	603	5	have	have	VERB
ftr-358	603	6	to	to	PART
ftr-358	603	7	establish	establish	VERB
ftr-358	603	8	a	a	DET
ftr-358	603	9	border	border	NOUN
ftr-358	603	10	for	for	ADP
ftr-358	603	11	the	the	DET
ftr-358	603	12	accrual	accrual	ADJ
ftr-358	603	13	tax	tax	NOUN
ftr-358	603	14	regime	regime	NOUN
ftr-358	603	15	,	,	PUNCT
ftr-358	603	16	the	the	DET
ftr-358	603	17	line	line	NOUN
ftr-358	603	18	dividing	divide	VERB
ftr-358	603	19	publicly	publicly	ADV
ftr-358	603	20	-	-	PUNCT
ftr-358	603	21	traded	trade	VERB
ftr-358	603	22	from	from	ADP
ftr-358	603	23	non	non	PRON
ftr-358	603	24	publicly	publicly	ADV
ftr-358	603	25	-	-	PUNCT
ftr-358	603	26	traded	trade	VERB
ftr-358	603	27	stock	stock	NOUN
ftr-358	603	28	is	be	AUX
ftr-358	603	29	not	not	PART
ftr-358	603	30	a	a	DET
ftr-358	603	31	bad	bad	ADJ
ftr-358	603	32	place	place	NOUN
ftr-358	603	33	to	to	PART
ftr-358	603	34	do	do	VERB
ftr-358	603	35	so	so	ADV
ftr-358	603	36	,	,	PUNCT
ftr-358	603	37	given	give	VERB
ftr-358	603	38	the	the	DET
ftr-358	603	39	significant	significant	ADJ
ftr-358	603	40	differences	difference	NOUN
ftr-358	603	41	between	between	ADP
ftr-358	603	42	the	the	DET
ftr-358	603	43	two	two	NUM
ftr-358	603	44	.	.	PUNCT
ftr-358	604	1	404	404	NUM
ftr-358	604	2	florida	florida	PROPN
ftr-358	604	3	tax	tax	NOUN
ftr-358	604	4	review	review	NOUN
ftr-358	604	5	[	[	X
ftr-358	604	6	vol	vol	NOUN
ftr-358	604	7	.	.	PUNCT
ftr-358	605	1	10:5	10:5	NUM
ftr-358	605	2	the	the	DET
ftr-358	605	3	stock	stock	NOUN
ftr-358	605	4	market	market	NOUN
ftr-358	605	5	itself	itself	PRON
ftr-358	605	6	.	.	PUNCT
ftr-358	606	1	for	for	ADP
ftr-358	606	2	example	example	NOUN
ftr-358	606	3	,	,	PUNCT
ftr-358	606	4	at	at	ADP
ftr-358	606	5	present	present	ADJ
ftr-358	606	6	the	the	DET
ftr-358	606	7	income	income	NOUN
ftr-358	606	8	from	from	ADP
ftr-358	606	9	investing	invest	VERB
ftr-358	606	10	in	in	ADP
ftr-358	606	11	companies	company	NOUN
ftr-358	606	12	that	that	PRON
ftr-358	606	13	distribute	distribute	VERB
ftr-358	606	14	a	a	DET
ftr-358	606	15	large	large	ADJ
ftr-358	606	16	portion	portion	NOUN
ftr-358	606	17	of	of	ADP
ftr-358	606	18	their	their	PRON
ftr-358	606	19	earning	earning	NOUN
ftr-358	606	20	as	as	SCONJ
ftr-358	606	21	dividends	dividend	NOUN
ftr-358	606	22	is	be	AUX
ftr-358	606	23	taxed	tax	VERB
ftr-358	606	24	,	,	PUNCT
ftr-358	606	25	to	to	ADP
ftr-358	606	26	a	a	DET
ftr-358	606	27	great	great	ADJ
ftr-358	606	28	extent	extent	NOUN
ftr-358	606	29	,	,	PUNCT
ftr-358	606	30	on	on	ADP
ftr-358	606	31	an	an	DET
ftr-358	606	32	accrual	accrual	ADJ
ftr-358	606	33	basis	basis	NOUN
ftr-358	606	34	,	,	PUNCT
ftr-358	606	35	while	while	SCONJ
ftr-358	606	36	the	the	DET
ftr-358	606	37	gain	gain	NOUN
ftr-358	606	38	from	from	ADP
ftr-358	606	39	investing	invest	VERB
ftr-358	606	40	in	in	ADP
ftr-358	606	41	companies	company	NOUN
ftr-358	606	42	that	that	PRON
ftr-358	606	43	tend	tend	VERB
ftr-358	606	44	to	to	PART
ftr-358	606	45	reinvest	reinvest	VERB
ftr-358	606	46	their	their	PRON
ftr-358	606	47	earnings	earning	NOUN
ftr-358	606	48	is	be	AUX
ftr-358	606	49	taxed	tax	VERB
ftr-358	606	50	only	only	ADV
ftr-358	606	51	upon	upon	SCONJ
ftr-358	606	52	realization.53	realization.53	NOUN
ftr-358	606	53	as	as	SCONJ
ftr-358	606	54	noted	note	VERB
ftr-358	606	55	,	,	PUNCT
ftr-358	606	56	the	the	DET
ftr-358	606	57	tax	tax	NOUN
ftr-358	606	58	system	system	NOUN
ftr-358	606	59	as	as	ADP
ftr-358	606	60	a	a	DET
ftr-358	606	61	whole	whole	NOUN
ftr-358	606	62	is	be	AUX
ftr-358	606	63	composed	compose	VERB
ftr-358	606	64	of	of	ADP
ftr-358	606	65	a	a	DET
ftr-358	606	66	number	number	NOUN
ftr-358	606	67	of	of	ADP
ftr-358	606	68	different	different	ADJ
ftr-358	606	69	tax	tax	NOUN
ftr-358	606	70	regimes	regime	NOUN
ftr-358	606	71	.	.	PUNCT
ftr-358	607	1	from	from	ADP
ftr-358	607	2	an	an	DET
ftr-358	607	3	efficiency	efficiency	NOUN
ftr-358	607	4	perspective	perspective	NOUN
ftr-358	607	5	,	,	PUNCT
ftr-358	607	6	the	the	DET
ftr-358	607	7	best	good	ADJ
ftr-358	607	8	place	place	NOUN
ftr-358	607	9	to	to	PART
ftr-358	607	10	delineate	delineate	VERB
ftr-358	607	11	the	the	DET
ftr-358	607	12	line	line	NOUN
ftr-358	607	13	between	between	ADP
ftr-358	607	14	them	they	PRON
ftr-358	607	15	is	be	AUX
ftr-358	607	16	the	the	DET
ftr-358	607	17	point	point	NOUN
ftr-358	607	18	at	at	ADP
ftr-358	607	19	which	which	DET
ftr-358	607	20	substitution	substitution	NOUN
ftr-358	607	21	is	be	AUX
ftr-358	607	22	the	the	DET
ftr-358	607	23	least	least	ADV
ftr-358	607	24	likely	likely	ADJ
ftr-358	607	25	.	.	PUNCT
ftr-358	608	1	in	in	ADP
ftr-358	608	2	any	any	DET
ftr-358	608	3	case	case	NOUN
ftr-358	608	4	,	,	PUNCT
ftr-358	608	5	in	in	ADP
ftr-358	608	6	the	the	DET
ftr-358	608	7	absence	absence	NOUN
ftr-358	608	8	of	of	ADP
ftr-358	608	9	strong	strong	ADJ
ftr-358	608	10	empirical	empirical	ADJ
ftr-358	608	11	data	datum	NOUN
ftr-358	608	12	demonstrating	demonstrate	VERB
ftr-358	608	13	that	that	SCONJ
ftr-358	608	14	the	the	DET
ftr-358	608	15	substitution	substitution	NOUN
ftr-358	608	16	effect	effect	NOUN
ftr-358	608	17	is	be	AUX
ftr-358	608	18	more	more	ADV
ftr-358	608	19	significant	significant	ADJ
ftr-358	608	20	with	with	ADP
ftr-358	608	21	regard	regard	NOUN
ftr-358	608	22	to	to	ADP
ftr-358	608	23	the	the	DET
ftr-358	608	24	choice	choice	NOUN
ftr-358	608	25	between	between	ADP
ftr-358	608	26	investing	invest	VERB
ftr-358	608	27	in	in	ADP
ftr-358	608	28	publicly	publicly	ADV
ftr-358	608	29	-	-	PUNCT
ftr-358	608	30	traded	trade	VERB
ftr-358	608	31	stock	stock	NOUN
ftr-358	608	32	,	,	PUNCT
ftr-358	608	33	on	on	ADP
ftr-358	608	34	the	the	DET
ftr-358	608	35	one	one	NUM
ftr-358	608	36	hand	hand	NOUN
ftr-358	608	37	,	,	PUNCT
ftr-358	608	38	and	and	CCONJ
ftr-358	608	39	investing	invest	VERB
ftr-358	608	40	in	in	ADP
ftr-358	608	41	non	non	ADJ
ftr-358	608	42	publicly	publicly	ADV
ftr-358	608	43	-	-	PUNCT
ftr-358	608	44	traded	trade	VERB
ftr-358	608	45	stock	stock	NOUN
ftr-358	608	46	,	,	PUNCT
ftr-358	608	47	on	on	ADP
ftr-358	608	48	the	the	DET
ftr-358	608	49	other	other	ADJ
ftr-358	608	50	,	,	PUNCT
ftr-358	608	51	than	than	SCONJ
ftr-358	608	52	it	it	PRON
ftr-358	608	53	is	be	AUX
ftr-358	608	54	with	with	ADP
ftr-358	608	55	regard	regard	NOUN
ftr-358	608	56	to	to	ADP
ftr-358	608	57	the	the	DET
ftr-358	608	58	choice	choice	NOUN
ftr-358	608	59	between	between	ADP
ftr-358	608	60	investing	invest	VERB
ftr-358	608	61	in	in	ADP
ftr-358	608	62	publicly	publicly	ADV
ftr-358	608	63	-	-	PUNCT
ftr-358	608	64	traded	trade	VERB
ftr-358	608	65	non	non	ADJ
ftr-358	608	66	-	-	ADJ
ftr-358	608	67	dividend	dividend	ADJ
ftr-358	608	68	-	-	PUNCT
ftr-358	608	69	producing	produce	VERB
ftr-358	608	70	stock	stock	NOUN
ftr-358	608	71	,	,	PUNCT
ftr-358	608	72	on	on	ADP
ftr-358	608	73	the	the	DET
ftr-358	608	74	one	one	NUM
ftr-358	608	75	hand	hand	NOUN
ftr-358	608	76	,	,	PUNCT
ftr-358	608	77	and	and	CCONJ
ftr-358	608	78	investing	invest	VERB
ftr-358	608	79	in	in	ADP
ftr-358	608	80	publicly	publicly	ADV
ftr-358	608	81	-	-	PUNCT
ftr-358	608	82	traded	trade	VERB
ftr-358	608	83	bonds	bond	NOUN
ftr-358	608	84	or	or	CCONJ
ftr-358	608	85	publicly	publicly	ADV
ftr-358	608	86	-	-	PUNCT
ftr-358	608	87	traded	trade	VERB
ftr-358	608	88	dividend	dividend	NOUN
ftr-358	608	89	-	-	PUNCT
ftr-358	608	90	distributing	distribute	VERB
ftr-358	608	91	stocks	stock	NOUN
ftr-358	608	92	,	,	PUNCT
ftr-358	608	93	on	on	ADP
ftr-358	608	94	the	the	DET
ftr-358	608	95	other	other	ADJ
ftr-358	608	96	,	,	PUNCT
ftr-358	608	97	the	the	DET
ftr-358	608	98	fear	fear	NOUN
ftr-358	608	99	of	of	ADP
ftr-358	608	100	a	a	DET
ftr-358	608	101	substitution	substitution	NOUN
ftr-358	608	102	effect	effect	NOUN
ftr-358	608	103	is	be	AUX
ftr-358	608	104	not	not	PART
ftr-358	608	105	a	a	DET
ftr-358	608	106	reason	reason	NOUN
ftr-358	608	107	to	to	PART
ftr-358	608	108	reject	reject	VERB
ftr-358	608	109	mark	mark	NOUN
ftr-358	608	110	-	-	PUNCT
ftr-358	608	111	to	to	ADP
ftr-358	608	112	-	-	PUNCT
ftr-358	608	113	market	market	NOUN
ftr-358	608	114	taxation	taxation	NOUN
ftr-358	608	115	on	on	ADP
ftr-358	608	116	the	the	DET
ftr-358	608	117	stock	stock	NOUN
ftr-358	608	118	market	market	NOUN
ftr-358	608	119	gains	gain	NOUN
ftr-358	608	120	.	.	PUNCT
ftr-358	609	1	furthermore	furthermore	ADV
ftr-358	609	2	,	,	PUNCT
ftr-358	609	3	the	the	DET
ftr-358	609	4	argument	argument	NOUN
ftr-358	609	5	that	that	SCONJ
ftr-358	609	6	imposing	impose	VERB
ftr-358	609	7	mark	mark	NOUN
ftr-358	609	8	-	-	PUNCT
ftr-358	609	9	to	to	ADP
ftr-358	609	10	-	-	PUNCT
ftr-358	609	11	market	market	NOUN
ftr-358	609	12	taxation	taxation	NOUN
ftr-358	609	13	will	will	AUX
ftr-358	609	14	deter	deter	VERB
ftr-358	609	15	investment	investment	NOUN
ftr-358	609	16	in	in	ADP
ftr-358	609	17	publicly	publicly	ADV
ftr-358	609	18	-	-	PUNCT
ftr-358	609	19	traded	trade	VERB
ftr-358	609	20	stock	stock	NOUN
ftr-358	609	21	rests	rest	VERB
ftr-358	609	22	on	on	ADP
ftr-358	609	23	the	the	DET
ftr-358	609	24	assumption	assumption	NOUN
ftr-358	609	25	that	that	SCONJ
ftr-358	609	26	taxpayers	taxpayer	NOUN
ftr-358	609	27	prefer	prefer	VERB
ftr-358	609	28	deferring	defer	VERB
ftr-358	609	29	taxation	taxation	NOUN
ftr-358	609	30	on	on	ADP
ftr-358	609	31	gain	gain	NOUN
ftr-358	609	32	until	until	SCONJ
ftr-358	609	33	those	those	DET
ftr-358	609	34	gains	gain	NOUN
ftr-358	609	35	are	be	AUX
ftr-358	609	36	realized	realize	VERB
ftr-358	609	37	.	.	PUNCT
ftr-358	610	1	this	this	DET
ftr-358	610	2	assumption	assumption	NOUN
ftr-358	610	3	is	be	AUX
ftr-358	610	4	not	not	PART
ftr-358	610	5	necessarily	necessarily	ADV
ftr-358	610	6	correct	correct	ADJ
ftr-358	610	7	.	.	PUNCT
ftr-358	611	1	true	true	ADJ
ftr-358	611	2	,	,	PUNCT
ftr-358	611	3	the	the	DET
ftr-358	611	4	next	next	ADJ
ftr-358	611	5	best	good	ADJ
ftr-358	611	6	thing	thing	NOUN
ftr-358	611	7	to	to	ADP
ftr-358	611	8	avoiding	avoid	VERB
ftr-358	611	9	a	a	DET
ftr-358	611	10	tax	tax	NOUN
ftr-358	611	11	is	be	AUX
ftr-358	611	12	deferring	defer	VERB
ftr-358	611	13	it	it	PRON
ftr-358	611	14	,	,	PUNCT
ftr-358	611	15	but	but	CCONJ
ftr-358	611	16	mark	mark	NOUN
ftr-358	611	17	-	-	PUNCT
ftr-358	611	18	to	to	ADP
ftr-358	611	19	-	-	PUNCT
ftr-358	611	20	market	market	NOUN
ftr-358	611	21	taxation	taxation	NOUN
ftr-358	611	22	allows	allow	VERB
ftr-358	611	23	free	free	ADJ
ftr-358	611	24	deductibility	deductibility	NOUN
ftr-358	611	25	of	of	ADP
ftr-358	611	26	(	(	PUNCT
ftr-358	611	27	or	or	CCONJ
ftr-358	611	28	a	a	DET
ftr-358	611	29	credit	credit	NOUN
ftr-358	611	30	for	for	ADP
ftr-358	611	31	)	)	PUNCT
ftr-358	611	32	losses	loss	NOUN
ftr-358	611	33	,	,	PUNCT
ftr-358	611	34	a	a	DET
ftr-358	611	35	concession	concession	NOUN
ftr-358	611	36	that	that	SCONJ
ftr-358	611	37	a	a	DET
ftr-358	611	38	realization	realization	NOUN
ftr-358	611	39	-	-	PUNCT
ftr-358	611	40	based	base	VERB
ftr-358	611	41	system	system	NOUN
ftr-358	611	42	can	can	AUX
ftr-358	611	43	not	not	PART
ftr-358	611	44	afford.54	afford.54	VERB
ftr-358	611	45	in	in	ADP
ftr-358	611	46	summation	summation	NOUN
ftr-358	611	47	,	,	PUNCT
ftr-358	611	48	one	one	NUM
ftr-358	611	49	who	who	PRON
ftr-358	611	50	objects	object	VERB
ftr-358	611	51	to	to	PART
ftr-358	611	52	mark	mark	VERB
ftr-358	611	53	-	-	PUNCT
ftr-358	611	54	to	to	ADP
ftr-358	611	55	-	-	PUNCT
ftr-358	611	56	market	market	NOUN
ftr-358	611	57	taxation	taxation	NOUN
ftr-358	611	58	because	because	SCONJ
ftr-358	611	59	of	of	ADP
ftr-358	611	60	the	the	DET
ftr-358	611	61	fact	fact	NOUN
ftr-358	611	62	that	that	SCONJ
ftr-358	611	63	non	non	PRON
ftr-358	611	64	publicly	publicly	ADV
ftr-358	611	65	-	-	PUNCT
ftr-358	611	66	traded	trade	VERB
ftr-358	611	67	investments	investment	NOUN
ftr-358	611	68	will	will	AUX
ftr-358	611	69	continue	continue	VERB
ftr-358	611	70	to	to	PART
ftr-358	611	71	be	be	AUX
ftr-358	611	72	taxed	tax	VERB
ftr-358	611	73	only	only	ADV
ftr-358	611	74	upon	upon	SCONJ
ftr-358	611	75	realization	realization	NOUN
ftr-358	611	76	must	must	AUX
ftr-358	611	77	bear	bear	VERB
ftr-358	611	78	a	a	DET
ftr-358	611	79	triple	triple	ADJ
ftr-358	611	80	burden	burden	NOUN
ftr-358	611	81	of	of	ADP
ftr-358	611	82	proof	proof	NOUN
ftr-358	611	83	.	.	PUNCT
ftr-358	612	1	first	first	ADV
ftr-358	612	2	,	,	PUNCT
ftr-358	612	3	it	it	PRON
ftr-358	612	4	must	must	AUX
ftr-358	612	5	be	be	AUX
ftr-358	612	6	shown	show	VERB
ftr-358	612	7	that	that	SCONJ
ftr-358	612	8	the	the	DET
ftr-358	612	9	elasticity	elasticity	NOUN
ftr-358	612	10	of	of	ADP
ftr-358	612	11	the	the	DET
ftr-358	612	12	choice	choice	NOUN
ftr-358	612	13	between	between	ADP
ftr-358	612	14	publicly	publicly	ADV
ftr-358	612	15	-	-	PUNCT
ftr-358	612	16	traded	trade	VERB
ftr-358	612	17	securities	security	NOUN
ftr-358	612	18	and	and	CCONJ
ftr-358	612	19	non	non	ADJ
ftr-358	612	20	publicly	publicly	ADV
ftr-358	612	21	-	-	PUNCT
ftr-358	612	22	traded	trade	VERB
ftr-358	612	23	assets	asset	NOUN
ftr-358	612	24	(	(	PUNCT
ftr-358	612	25	such	such	ADJ
ftr-358	612	26	as	as	ADP
ftr-358	612	27	land	land	NOUN
ftr-358	612	28	or	or	CCONJ
ftr-358	612	29	stock	stock	NOUN
ftr-358	612	30	in	in	ADP
ftr-358	612	31	privately	privately	ADV
ftr-358	612	32	-	-	PUNCT
ftr-358	612	33	held	hold	VERB
ftr-358	612	34	corporations	corporation	NOUN
ftr-358	612	35	)	)	PUNCT
ftr-358	612	36	is	be	AUX
ftr-358	612	37	greater	great	ADJ
ftr-358	612	38	that	that	SCONJ
ftr-358	612	39	the	the	DET
ftr-358	612	40	elasticity	elasticity	NOUN
ftr-358	612	41	of	of	ADP
ftr-358	612	42	the	the	DET
ftr-358	612	43	choice	choice	NOUN
ftr-358	612	44	between	between	ADP
ftr-358	612	45	publiclytraded	publiclytrade	VERB
ftr-358	612	46	growth	growth	NOUN
ftr-358	612	47	stock	stock	NOUN
ftr-358	612	48	,	,	PUNCT
ftr-358	612	49	on	on	ADP
ftr-358	612	50	the	the	DET
ftr-358	612	51	one	one	NUM
ftr-358	612	52	hand	hand	NOUN
ftr-358	612	53	,	,	PUNCT
ftr-358	612	54	and	and	CCONJ
ftr-358	612	55	bonds	bond	NOUN
ftr-358	612	56	,	,	PUNCT
ftr-358	612	57	cds	cd	NOUN
ftr-358	612	58	,	,	PUNCT
ftr-358	612	59	or	or	CCONJ
ftr-358	612	60	publicly	publicly	ADV
ftr-358	612	61	-	-	PUNCT
ftr-358	612	62	traded	trade	VERB
ftr-358	612	63	income	income	NOUN
ftr-358	612	64	stock	stock	NOUN
ftr-358	612	65	,	,	PUNCT
ftr-358	612	66	on	on	ADP
ftr-358	612	67	the	the	DET
ftr-358	612	68	other	other	ADJ
ftr-358	612	69	.	.	PUNCT
ftr-358	613	1	secondly	secondly	ADV
ftr-358	613	2	,	,	PUNCT
ftr-358	613	3	it	it	PRON
ftr-358	613	4	must	must	AUX
ftr-358	613	5	be	be	AUX
ftr-358	613	6	shown	show	VERB
ftr-358	613	7	that	that	SCONJ
ftr-358	613	8	,	,	PUNCT
ftr-358	613	9	from	from	ADP
ftr-358	613	10	the	the	DET
ftr-358	613	11	taxpayer	taxpayer	NOUN
ftr-358	613	12	’s	’s	PART
ftr-358	613	13	perspective	perspective	NOUN
ftr-358	613	14	,	,	PUNCT
ftr-358	613	15	the	the	DET
ftr-358	613	16	tax	tax	NOUN
ftr-358	613	17	advantages	advantage	NOUN
ftr-358	613	18	of	of	ADP
ftr-358	613	19	deferral	deferral	ADJ
ftr-358	613	20	outweigh	outweigh	VERB
ftr-358	613	21	the	the	DET
ftr-358	613	22	advantages	advantage	NOUN
ftr-358	613	23	of	of	ADP
ftr-358	613	24	free	free	ADJ
ftr-358	613	25	deductibility	deductibility	NOUN
ftr-358	613	26	(	(	PUNCT
ftr-358	613	27	or	or	CCONJ
ftr-358	613	28	a	a	DET
ftr-358	613	29	credit	credit	NOUN
ftr-358	613	30	in	in	ADP
ftr-358	613	31	lieu	lieu	NOUN
ftr-358	613	32	)	)	PUNCT
ftr-358	613	33	of	of	ADP
ftr-358	613	34	capital	capital	NOUN
ftr-358	613	35	loss	loss	NOUN
ftr-358	613	36	.	.	PUNCT
ftr-358	614	1	thirdly	thirdly	ADV
ftr-358	614	2	,	,	PUNCT
ftr-358	614	3	it	it	PRON
ftr-358	614	4	must	must	AUX
ftr-358	614	5	be	be	AUX
ftr-358	614	6	shown	show	VERB
ftr-358	614	7	that	that	SCONJ
ftr-358	614	8	the	the	DET
ftr-358	614	9	economic	economic	ADJ
ftr-358	614	10	distortion	distortion	NOUN
ftr-358	614	11	due	due	ADP
ftr-358	614	12	to	to	ADP
ftr-358	614	13	the	the	DET
ftr-358	614	14	different	different	ADJ
ftr-358	614	15	tax	tax	NOUN
ftr-358	614	16	rules	rule	NOUN
ftr-358	614	17	is	be	AUX
ftr-358	614	18	more	more	ADV
ftr-358	614	19	significant	significant	ADJ
ftr-358	614	20	that	that	SCONJ
ftr-358	614	21	the	the	DET
ftr-358	614	22	advantages	advantage	NOUN
ftr-358	614	23	inherent	inherent	ADJ
ftr-358	614	24	in	in	ADP
ftr-358	614	25	mark	mark	NOUN
ftr-358	614	26	-	-	PUNCT
ftr-358	614	27	to	to	ADP
ftr-358	614	28	-	-	PUNCT
ftr-358	614	29	market	market	NOUN
ftr-358	614	30	taxation	taxation	NOUN
ftr-358	614	31	.	.	PUNCT
ftr-358	615	1	opponents	opponent	NOUN
ftr-358	615	2	of	of	ADP
ftr-358	615	3	mark	mark	NOUN
ftr-358	615	4	-	-	PUNCT
ftr-358	615	5	to	to	ADP
ftr-358	615	6	-	-	PUNCT
ftr-358	615	7	market	market	NOUN
ftr-358	615	8	taxation	taxation	NOUN
ftr-358	615	9	have	have	AUX
ftr-358	615	10	not	not	PART
ftr-358	615	11	yet	yet	ADV
ftr-358	615	12	offered	offer	VERB
ftr-358	615	13	such	such	DET
ftr-358	615	14	a	a	DET
ftr-358	615	15	proof	proof	NOUN
ftr-358	615	16	.	.	PUNCT
ftr-358	616	1	53	53	NUM
ftr-358	616	2	.	.	PUNCT
ftr-358	617	1	the	the	DET
ftr-358	617	2	text	text	NOUN
ftr-358	617	3	is	be	AUX
ftr-358	617	4	referring	refer	VERB
ftr-358	617	5	only	only	ADV
ftr-358	617	6	to	to	ADP
ftr-358	617	7	the	the	DET
ftr-358	617	8	shareholder	shareholder	NOUN
ftr-358	617	9	-	-	PUNCT
ftr-358	617	10	level	level	NOUN
ftr-358	617	11	tax	tax	NOUN
ftr-358	617	12	and	and	CCONJ
ftr-358	617	13	not	not	PART
ftr-358	617	14	the	the	DET
ftr-358	617	15	corporate	corporate	ADJ
ftr-358	617	16	-	-	PUNCT
ftr-358	617	17	level	level	NOUN
ftr-358	617	18	tax	tax	NOUN
ftr-358	617	19	.	.	PUNCT
ftr-358	618	1	54	54	NUM
ftr-358	618	2	.	.	PUNCT
ftr-358	619	1	see	see	VERB
ftr-358	619	2	supra	supra	PROPN
ftr-358	619	3	part	part	PROPN
ftr-358	619	4	iii.c	iii.c	PROPN
ftr-358	619	5	.	.	PUNCT
ftr-358	620	1	2010	2010	NUM
ftr-358	620	2	]	]	PUNCT
ftr-358	620	3	the	the	DET
ftr-358	620	4	myth	myth	NOUN
ftr-358	620	5	of	of	ADP
ftr-358	620	6	realization	realization	NOUN
ftr-358	620	7	:	:	PUNCT
ftr-358	620	8	mark	mark	NOUN
ftr-358	620	9	-	-	PUNCT
ftr-358	620	10	to	to	ADP
ftr-358	620	11	-	-	PUNCT
ftr-358	620	12	market	market	NOUN
ftr-358	620	13	taxation	taxation	NOUN
ftr-358	620	14	405	405	NUM
ftr-358	620	15	d.	d.	NOUN
ftr-358	620	16	the	the	DET
ftr-358	620	17	possibility	possibility	NOUN
ftr-358	620	18	of	of	ADP
ftr-358	620	19	combining	combine	VERB
ftr-358	620	20	realization	realization	NOUN
ftr-358	620	21	with	with	ADP
ftr-358	620	22	an	an	DET
ftr-358	620	23	interest	interest	NOUN
ftr-358	620	24	charge	charge	NOUN
ftr-358	620	25	for	for	ADP
ftr-358	620	26	deferral	deferral	NOUN
ftr-358	620	27	it	it	PRON
ftr-358	620	28	may	may	AUX
ftr-358	620	29	be	be	AUX
ftr-358	620	30	argued	argue	VERB
ftr-358	620	31	that	that	SCONJ
ftr-358	620	32	the	the	DET
ftr-358	620	33	advantages	advantage	NOUN
ftr-358	620	34	of	of	ADP
ftr-358	620	35	mark	mark	NOUN
ftr-358	620	36	-	-	PUNCT
ftr-358	620	37	to	to	ADP
ftr-358	620	38	-	-	PUNCT
ftr-358	620	39	market	market	NOUN
ftr-358	620	40	taxation	taxation	NOUN
ftr-358	620	41	can	can	AUX
ftr-358	620	42	be	be	AUX
ftr-358	620	43	achieved	achieve	VERB
ftr-358	620	44	without	without	ADP
ftr-358	620	45	abandoning	abandon	VERB
ftr-358	620	46	the	the	DET
ftr-358	620	47	realization	realization	NOUN
ftr-358	620	48	rule	rule	NOUN
ftr-358	620	49	.	.	PUNCT
ftr-358	621	1	the	the	DET
ftr-358	621	2	idea	idea	NOUN
ftr-358	621	3	is	be	AUX
ftr-358	621	4	that	that	SCONJ
ftr-358	621	5	computation	computation	NOUN
ftr-358	621	6	of	of	ADP
ftr-358	621	7	gain	gain	NOUN
ftr-358	621	8	and	and	CCONJ
ftr-358	621	9	payment	payment	NOUN
ftr-358	621	10	of	of	ADP
ftr-358	621	11	tax	tax	NOUN
ftr-358	621	12	would	would	AUX
ftr-358	621	13	be	be	AUX
ftr-358	621	14	deferred	defer	VERB
ftr-358	621	15	until	until	ADP
ftr-358	621	16	realization	realization	NOUN
ftr-358	621	17	,	,	PUNCT
ftr-358	621	18	but	but	CCONJ
ftr-358	621	19	that	that	SCONJ
ftr-358	621	20	the	the	DET
ftr-358	621	21	taxpayer	taxpayer	NOUN
ftr-358	621	22	would	would	AUX
ftr-358	621	23	be	be	AUX
ftr-358	621	24	charged	charge	VERB
ftr-358	621	25	interest	interest	NOUN
ftr-358	621	26	for	for	ADP
ftr-358	621	27	the	the	DET
ftr-358	621	28	deferral	deferral	NOUN
ftr-358	621	29	.	.	PUNCT
ftr-358	622	1	the	the	DET
ftr-358	622	2	interest	interest	NOUN
ftr-358	622	3	would	would	AUX
ftr-358	622	4	reflect	reflect	VERB
ftr-358	622	5	the	the	DET
ftr-358	622	6	advantage	advantage	NOUN
ftr-358	622	7	of	of	ADP
ftr-358	622	8	deferral	deferral	ADJ
ftr-358	622	9	and	and	CCONJ
ftr-358	622	10	would	would	AUX
ftr-358	622	11	thus	thus	ADV
ftr-358	622	12	mimic	mimic	VERB
ftr-358	622	13	mark	mark	NOUN
ftr-358	622	14	-	-	PUNCT
ftr-358	622	15	tomarket	tomarket	NOUN
ftr-358	622	16	taxation	taxation	NOUN
ftr-358	622	17	;	;	PUNCT
ftr-358	622	18	however	however	ADV
ftr-358	622	19	,	,	PUNCT
ftr-358	622	20	by	by	ADP
ftr-358	622	21	retaining	retain	VERB
ftr-358	622	22	the	the	DET
ftr-358	622	23	principle	principle	NOUN
ftr-358	622	24	that	that	SCONJ
ftr-358	622	25	income	income	NOUN
ftr-358	622	26	gain	gain	NOUN
ftr-358	622	27	is	be	AUX
ftr-358	622	28	not	not	PART
ftr-358	622	29	taxed	tax	VERB
ftr-358	622	30	prior	prior	ADV
ftr-358	622	31	to	to	ADP
ftr-358	622	32	realization	realization	NOUN
ftr-358	622	33	,	,	PUNCT
ftr-358	622	34	it	it	PRON
ftr-358	622	35	would	would	AUX
ftr-358	622	36	be	be	AUX
ftr-358	622	37	a	a	DET
ftr-358	622	38	less	less	ADV
ftr-358	622	39	radical	radical	ADJ
ftr-358	622	40	departure	departure	NOUN
ftr-358	622	41	from	from	ADP
ftr-358	622	42	traditional	traditional	ADJ
ftr-358	622	43	income	income	NOUN
ftr-358	622	44	tax	tax	NOUN
ftr-358	622	45	doctrine.55	doctrine.55	NOUN
ftr-358	622	46	proponents	proponent	NOUN
ftr-358	622	47	of	of	ADP
ftr-358	622	48	the	the	DET
ftr-358	622	49	interest	interest	NOUN
ftr-358	622	50	charge	charge	NOUN
ftr-358	622	51	view	view	VERB
ftr-358	622	52	it	it	PRON
ftr-358	622	53	as	as	ADP
ftr-358	622	54	a	a	DET
ftr-358	622	55	possible	possible	ADJ
ftr-358	622	56	solution	solution	NOUN
ftr-358	622	57	to	to	ADP
ftr-358	622	58	the	the	DET
ftr-358	622	59	classic	classic	ADJ
ftr-358	622	60	problem	problem	NOUN
ftr-358	622	61	of	of	ADP
ftr-358	622	62	nonrecognition	nonrecognition	NOUN
ftr-358	622	63	of	of	ADP
ftr-358	622	64	unrealized	unrealized	ADJ
ftr-358	622	65	gain	gain	NOUN
ftr-358	622	66	.	.	PUNCT
ftr-358	623	1	in	in	ADP
ftr-358	623	2	other	other	ADJ
ftr-358	623	3	words	word	NOUN
ftr-358	623	4	,	,	PUNCT
ftr-358	623	5	what	what	PRON
ftr-358	623	6	the	the	DET
ftr-358	623	7	commentators	commentator	NOUN
ftr-358	623	8	have	have	AUX
ftr-358	623	9	in	in	ADP
ftr-358	623	10	mind	mind	NOUN
ftr-358	623	11	is	be	AUX
ftr-358	623	12	a	a	DET
ftr-358	623	13	typical	typical	ADJ
ftr-358	623	14	situation	situation	NOUN
ftr-358	623	15	in	in	ADP
ftr-358	623	16	which	which	PRON
ftr-358	623	17	valuation	valuation	NOUN
ftr-358	623	18	and	and	CCONJ
ftr-358	623	19	liquidity	liquidity	NOUN
ftr-358	623	20	prevent	prevent	VERB
ftr-358	623	21	the	the	DET
ftr-358	623	22	imposition	imposition	NOUN
ftr-358	623	23	of	of	ADP
ftr-358	623	24	tax	tax	NOUN
ftr-358	623	25	on	on	ADP
ftr-358	623	26	gain	gain	NOUN
ftr-358	623	27	prior	prior	ADV
ftr-358	623	28	to	to	ADP
ftr-358	623	29	realization	realization	NOUN
ftr-358	623	30	.	.	PUNCT
ftr-358	624	1	the	the	DET
ftr-358	624	2	interest	interest	NOUN
ftr-358	624	3	charge	charge	NOUN
ftr-358	624	4	is	be	AUX
ftr-358	624	5	intended	intend	VERB
ftr-358	624	6	to	to	PART
ftr-358	624	7	mitigate	mitigate	VERB
ftr-358	624	8	the	the	DET
ftr-358	624	9	violation	violation	NOUN
ftr-358	624	10	of	of	ADP
ftr-358	624	11	principles	principle	NOUN
ftr-358	624	12	of	of	ADP
ftr-358	624	13	equity	equity	NOUN
ftr-358	624	14	and	and	CCONJ
ftr-358	624	15	efficiency	efficiency	NOUN
ftr-358	624	16	inherent	inherent	ADJ
ftr-358	624	17	in	in	ADP
ftr-358	624	18	the	the	DET
ftr-358	624	19	realization	realization	NOUN
ftr-358	624	20	doctrine	doctrine	NOUN
ftr-358	624	21	.	.	PUNCT
ftr-358	625	1	a	a	DET
ftr-358	625	2	comprehensive	comprehensive	ADJ
ftr-358	625	3	analysis	analysis	NOUN
ftr-358	625	4	of	of	ADP
ftr-358	625	5	the	the	DET
ftr-358	625	6	interest	interest	NOUN
ftr-358	625	7	proposal	proposal	NOUN
ftr-358	625	8	is	be	AUX
ftr-358	625	9	beyond	beyond	ADP
ftr-358	625	10	the	the	DET
ftr-358	625	11	scope	scope	NOUN
ftr-358	625	12	of	of	ADP
ftr-358	625	13	the	the	DET
ftr-358	625	14	present	present	ADJ
ftr-358	625	15	essay	essay	NOUN
ftr-358	625	16	.	.	PUNCT
ftr-358	626	1	furthermore	furthermore	ADV
ftr-358	626	2	,	,	PUNCT
ftr-358	626	3	it	it	PRON
ftr-358	626	4	is	be	AUX
ftr-358	626	5	unnecessary	unnecessary	ADJ
ftr-358	626	6	to	to	PART
ftr-358	626	7	consider	consider	VERB
ftr-358	626	8	whether	whether	SCONJ
ftr-358	626	9	it	it	PRON
ftr-358	626	10	would	would	AUX
ftr-358	626	11	be	be	AUX
ftr-358	626	12	appropriate	appropriate	ADJ
ftr-358	626	13	to	to	PART
ftr-358	626	14	adopt	adopt	VERB
ftr-358	626	15	a	a	DET
ftr-358	626	16	special	special	ADJ
ftr-358	626	17	tax	tax	NOUN
ftr-358	626	18	regime	regime	NOUN
ftr-358	626	19	for	for	ADP
ftr-358	626	20	publiclytraded	publiclytraded	ADJ
ftr-358	626	21	securities	security	NOUN
ftr-358	626	22	were	be	AUX
ftr-358	626	23	the	the	DET
ftr-358	626	24	taxation	taxation	NOUN
ftr-358	626	25	of	of	ADP
ftr-358	626	26	gains	gain	NOUN
ftr-358	626	27	from	from	ADP
ftr-358	626	28	the	the	DET
ftr-358	626	29	sale	sale	NOUN
ftr-358	626	30	of	of	ADP
ftr-358	626	31	property	property	NOUN
ftr-358	626	32	based	base	VERB
ftr-358	626	33	on	on	ADP
ftr-358	626	34	deferral	deferral	NOUN
ftr-358	626	35	,	,	PUNCT
ftr-358	626	36	until	until	SCONJ
ftr-358	626	37	realization	realization	NOUN
ftr-358	626	38	combines	combine	VERB
ftr-358	626	39	with	with	ADP
ftr-358	626	40	an	an	DET
ftr-358	626	41	interest	interest	NOUN
ftr-358	626	42	charge	charge	NOUN
ftr-358	626	43	.	.	PUNCT
ftr-358	627	1	this	this	DET
ftr-358	627	2	essay	essay	NOUN
ftr-358	627	3	considers	consider	VERB
ftr-358	627	4	only	only	ADV
ftr-358	627	5	the	the	DET
ftr-358	627	6	alternative	alternative	ADJ
ftr-358	627	7	regimes	regime	NOUN
ftr-358	627	8	for	for	ADP
ftr-358	627	9	taxing	tax	VERB
ftr-358	627	10	gain	gain	NOUN
ftr-358	627	11	from	from	ADP
ftr-358	627	12	publicly	publicly	ADV
ftr-358	627	13	-	-	PUNCT
ftr-358	627	14	traded	trade	VERB
ftr-358	627	15	securities	security	NOUN
ftr-358	627	16	,	,	PUNCT
ftr-358	627	17	with	with	ADP
ftr-358	627	18	the	the	DET
ftr-358	627	19	general	general	ADJ
ftr-358	627	20	regime	regime	NOUN
ftr-358	627	21	of	of	ADP
ftr-358	627	22	taxing	tax	VERB
ftr-358	627	23	gains	gain	NOUN
ftr-358	627	24	at	at	ADP
ftr-358	627	25	realization	realization	NOUN
ftr-358	627	26	taken	take	VERB
ftr-358	627	27	as	as	ADP
ftr-358	627	28	a	a	DET
ftr-358	627	29	given	give	VERB
ftr-358	627	30	.	.	PUNCT
ftr-358	628	1	under	under	ADP
ftr-358	628	2	these	these	DET
ftr-358	628	3	circumstances	circumstance	NOUN
ftr-358	628	4	,	,	PUNCT
ftr-358	628	5	it	it	PRON
ftr-358	628	6	is	be	AUX
ftr-358	628	7	difficult	difficult	ADJ
ftr-358	628	8	to	to	PART
ftr-358	628	9	justify	justify	VERB
ftr-358	628	10	deferring	defer	VERB
ftr-358	628	11	the	the	DET
ftr-358	628	12	tax	tax	NOUN
ftr-358	628	13	until	until	ADP
ftr-358	628	14	realization	realization	NOUN
ftr-358	628	15	and	and	CCONJ
ftr-358	628	16	then	then	ADV
ftr-358	628	17	charging	charge	VERB
ftr-358	628	18	interest	interest	NOUN
ftr-358	628	19	for	for	ADP
ftr-358	628	20	the	the	DET
ftr-358	628	21	deferral	deferral	NOUN
ftr-358	628	22	.	.	PUNCT
ftr-358	629	1	the	the	DET
ftr-358	629	2	realization	realization	NOUN
ftr-358	629	3	doctrine	doctrine	NOUN
ftr-358	629	4	was	be	AUX
ftr-358	629	5	designed	design	VERB
ftr-358	629	6	to	to	PART
ftr-358	629	7	contend	contend	VERB
ftr-358	629	8	with	with	ADP
ftr-358	629	9	the	the	DET
ftr-358	629	10	twin	twin	ADJ
ftr-358	629	11	problems	problem	NOUN
ftr-358	629	12	of	of	ADP
ftr-358	629	13	valuation	valuation	NOUN
ftr-358	629	14	and	and	CCONJ
ftr-358	629	15	liquidity	liquidity	NOUN
ftr-358	629	16	,	,	PUNCT
ftr-358	629	17	which	which	PRON
ftr-358	629	18	prevent	prevent	VERB
ftr-358	629	19	taxing	tax	VERB
ftr-358	629	20	appreciation	appreciation	NOUN
ftr-358	629	21	as	as	SCONJ
ftr-358	629	22	it	it	PRON
ftr-358	629	23	occurs	occur	VERB
ftr-358	629	24	.	.	PUNCT
ftr-358	630	1	the	the	DET
ftr-358	630	2	interest	interest	NOUN
ftr-358	630	3	charge	charge	NOUN
ftr-358	630	4	was	be	AUX
ftr-358	630	5	designed	design	VERB
ftr-358	630	6	to	to	PART
ftr-358	630	7	contend	contend	VERB
ftr-358	630	8	with	with	ADP
ftr-358	630	9	the	the	DET
ftr-358	630	10	problems	problem	NOUN
ftr-358	630	11	created	create	VERB
ftr-358	630	12	by	by	ADP
ftr-358	630	13	the	the	DET
ftr-358	630	14	realization	realization	NOUN
ftr-358	630	15	doctrine	doctrine	NOUN
ftr-358	630	16	.	.	PUNCT
ftr-358	631	1	when	when	SCONJ
ftr-358	631	2	considering	consider	VERB
ftr-358	631	3	how	how	SCONJ
ftr-358	631	4	to	to	PART
ftr-358	631	5	tax	tax	VERB
ftr-358	631	6	those	those	DET
ftr-358	631	7	assets	asset	NOUN
ftr-358	631	8	for	for	ADP
ftr-358	631	9	which	which	PRON
ftr-358	631	10	problems	problem	NOUN
ftr-358	631	11	of	of	ADP
ftr-358	631	12	valuation	valuation	NOUN
ftr-358	631	13	and	and	CCONJ
ftr-358	631	14	liquidity	liquidity	NOUN
ftr-358	631	15	do	do	AUX
ftr-358	631	16	not	not	PART
ftr-358	631	17	exist	exist	VERB
ftr-358	631	18	,	,	PUNCT
ftr-358	631	19	it	it	PRON
ftr-358	631	20	seems	seem	VERB
ftr-358	631	21	hardly	hardly	ADV
ftr-358	631	22	logical	logical	ADJ
ftr-358	631	23	to	to	PART
ftr-358	631	24	adopt	adopt	VERB
ftr-358	631	25	a	a	DET
ftr-358	631	26	regime	regime	NOUN
ftr-358	631	27	of	of	ADP
ftr-358	631	28	deferring	defer	VERB
ftr-358	631	29	tax	tax	NOUN
ftr-358	631	30	until	until	ADP
ftr-358	631	31	realization	realization	NOUN
ftr-358	631	32	coupled	couple	VERB
ftr-358	631	33	with	with	ADP
ftr-358	631	34	an	an	DET
ftr-358	631	35	interest	interest	NOUN
ftr-358	631	36	charge	charge	NOUN
ftr-358	631	37	.	.	PUNCT
ftr-358	632	1	moreover	moreover	ADV
ftr-358	632	2	,	,	PUNCT
ftr-358	632	3	the	the	DET
ftr-358	632	4	two	two	NUM
ftr-358	632	5	regimes	regime	NOUN
ftr-358	632	6	—	—	PUNCT
ftr-358	632	7	mark	mark	NOUN
ftr-358	632	8	-	-	PUNCT
ftr-358	632	9	to	to	ADP
ftr-358	632	10	-	-	PUNCT
ftr-358	632	11	market	market	NOUN
ftr-358	632	12	,	,	PUNCT
ftr-358	632	13	on	on	ADP
ftr-358	632	14	the	the	DET
ftr-358	632	15	one	one	NUM
ftr-358	632	16	hand	hand	NOUN
ftr-358	632	17	,	,	PUNCT
ftr-358	632	18	and	and	CCONJ
ftr-358	632	19	deferral	deferral	ADV
ftr-358	632	20	coupled	couple	VERB
ftr-358	632	21	with	with	ADP
ftr-358	632	22	an	an	DET
ftr-358	632	23	interest	interest	NOUN
ftr-358	632	24	charge	charge	NOUN
ftr-358	632	25	,	,	PUNCT
ftr-358	632	26	on	on	ADP
ftr-358	632	27	the	the	DET
ftr-358	632	28	other	other	ADJ
ftr-358	632	29	—	—	PUNCT
ftr-358	632	30	will	will	AUX
ftr-358	632	31	not	not	PART
ftr-358	632	32	necessarily	necessarily	ADV
ftr-358	632	33	arrive	arrive	VERB
ftr-358	632	34	at	at	ADP
ftr-358	632	35	the	the	DET
ftr-358	632	36	same	same	ADJ
ftr-358	632	37	result	result	NOUN
ftr-358	632	38	.	.	PUNCT
ftr-358	633	1	computing	compute	VERB
ftr-358	633	2	the	the	DET
ftr-358	633	3	amount	amount	NOUN
ftr-358	633	4	of	of	ADP
ftr-358	633	5	interest	interest	NOUN
ftr-358	633	6	that	that	PRON
ftr-358	633	7	the	the	DET
ftr-358	633	8	taxpayer	taxpayer	NOUN
ftr-358	633	9	55	55	NUM
ftr-358	633	10	.	.	PUNCT
ftr-358	634	1	see	see	VERB
ftr-358	634	2	irc	irc	PROPN
ftr-358	634	3	§	§	PROPN
ftr-358	634	4	1297	1297	NUM
ftr-358	634	5	(	(	PUNCT
ftr-358	634	6	passive	passive	ADJ
ftr-358	634	7	foreign	foreign	ADJ
ftr-358	634	8	investment	investment	NOUN
ftr-358	634	9	companies	company	NOUN
ftr-358	634	10	)	)	PUNCT
ftr-358	634	11	.	.	PUNCT
ftr-358	635	1	see	see	VERB
ftr-358	635	2	also	also	ADV
ftr-358	635	3	,	,	PUNCT
ftr-358	635	4	mary	mary	PROPN
ftr-358	635	5	louise	louise	PROPN
ftr-358	635	6	fellows	fellows	PROPN
ftr-358	635	7	,	,	PUNCT
ftr-358	635	8	a	a	DET
ftr-358	635	9	comprehensive	comprehensive	ADJ
ftr-358	635	10	attack	attack	NOUN
ftr-358	635	11	on	on	ADP
ftr-358	635	12	tax	tax	NOUN
ftr-358	635	13	deferral	deferral	NOUN
ftr-358	635	14	,	,	PUNCT
ftr-358	635	15	88	88	NUM
ftr-358	635	16	mich	mich	NOUN
ftr-358	635	17	.	.	PUNCT
ftr-358	636	1	l.	l.	PROPN
ftr-358	636	2	rev	rev	PROPN
ftr-358	636	3	.	.	PROPN
ftr-358	636	4	722	722	NUM
ftr-358	636	5	(	(	PUNCT
ftr-358	636	6	1990	1990	NUM
ftr-358	636	7	)	)	PUNCT
ftr-358	636	8	(	(	PUNCT
ftr-358	636	9	discussing	discuss	VERB
ftr-358	636	10	the	the	DET
ftr-358	636	11	operation	operation	NOUN
ftr-358	636	12	of	of	ADP
ftr-358	636	13	a	a	DET
ftr-358	636	14	time	time	NOUN
ftr-358	636	15	-	-	PUNCT
ftr-358	636	16	adjusted	adjust	VERB
ftr-358	636	17	-	-	PUNCT
ftr-358	636	18	realization	realization	NOUN
ftr-358	636	19	-	-	PUNCT
ftr-358	636	20	event	event	NOUN
ftr-358	636	21	tax	tax	NOUN
ftr-358	636	22	)	)	PUNCT
ftr-358	636	23	;	;	PUNCT
ftr-358	636	24	stephen	stephen	PROPN
ftr-358	636	25	b.	b.	PROPN
ftr-358	636	26	land	land	PROPN
ftr-358	636	27	,	,	PUNCT
ftr-358	636	28	defeating	defeat	VERB
ftr-358	636	29	deferral	deferral	NOUN
ftr-358	636	30	:	:	PUNCT
ftr-358	636	31	a	a	DET
ftr-358	636	32	proposal	proposal	NOUN
ftr-358	636	33	for	for	ADP
ftr-358	636	34	retrospective	retrospective	ADJ
ftr-358	636	35	taxation	taxation	NOUN
ftr-358	636	36	,	,	PUNCT
ftr-358	636	37	52	52	NUM
ftr-358	636	38	tax	tax	NOUN
ftr-358	636	39	l.	l.	PROPN
ftr-358	636	40	rev	rev	PROPN
ftr-358	636	41	.	.	PROPN
ftr-358	636	42	45	45	NUM
ftr-358	636	43	,	,	PUNCT
ftr-358	636	44	73–80	73–80	NUM
ftr-358	636	45	(	(	PUNCT
ftr-358	636	46	1996	1996	NUM
ftr-358	636	47	)	)	PUNCT
ftr-358	636	48	;	;	PUNCT
ftr-358	637	1	deborah	deborah	PROPN
ftr-358	637	2	h.	h.	PROPN
ftr-358	637	3	schenk	schenk	PROPN
ftr-358	637	4	,	,	PUNCT
ftr-358	637	5	an	an	DET
ftr-358	637	6	efficiency	efficiency	NOUN
ftr-358	637	7	approach	approach	NOUN
ftr-358	637	8	to	to	ADP
ftr-358	637	9	reforming	reform	VERB
ftr-358	637	10	a	a	DET
ftr-358	637	11	realization	realization	NOUN
ftr-358	637	12	based	base	VERB
ftr-358	637	13	tax	tax	NOUN
ftr-358	637	14	,	,	PUNCT
ftr-358	637	15	57	57	NUM
ftr-358	637	16	tax	tax	NOUN
ftr-358	637	17	l.	l.	PROPN
ftr-358	637	18	rev	rev	PROPN
ftr-358	637	19	.	.	PROPN
ftr-358	637	20	503	503	NUM
ftr-358	637	21	,	,	PUNCT
ftr-358	637	22	537–41	537–41	NUM
ftr-358	637	23	(	(	PUNCT
ftr-358	637	24	2004	2004	NUM
ftr-358	637	25	)	)	PUNCT
ftr-358	637	26	;	;	PUNCT
ftr-358	637	27	weisbach	weisbach	NOUN
ftr-358	637	28	,	,	PUNCT
ftr-358	637	29	supra	supra	ADJ
ftr-358	637	30	note	note	NOUN
ftr-358	637	31	4	4	NUM
ftr-358	637	32	,	,	PUNCT
ftr-358	637	33	at	at	ADP
ftr-358	637	34	100–02	100–02	PROPN
ftr-358	637	35	406	406	NUM
ftr-358	637	36	florida	florida	PROPN
ftr-358	637	37	tax	tax	NOUN
ftr-358	637	38	review	review	NOUN
ftr-358	637	39	[	[	X
ftr-358	637	40	vol	vol	NOUN
ftr-358	637	41	.	.	PUNCT
ftr-358	637	42	10:5	10:5	NUM
ftr-358	637	43	should	should	AUX
ftr-358	637	44	be	be	AUX
ftr-358	637	45	charged	charge	VERB
ftr-358	637	46	depends	depend	VERB
ftr-358	637	47	upon	upon	SCONJ
ftr-358	637	48	data	datum	NOUN
ftr-358	637	49	—	—	PUNCT
ftr-358	637	50	such	such	ADJ
ftr-358	637	51	as	as	ADP
ftr-358	637	52	the	the	DET
ftr-358	637	53	rate	rate	NOUN
ftr-358	637	54	of	of	ADP
ftr-358	637	55	appreciation	appreciation	NOUN
ftr-358	637	56	of	of	ADP
ftr-358	637	57	the	the	DET
ftr-358	637	58	asset	asset	NOUN
ftr-358	637	59	during	during	ADP
ftr-358	637	60	the	the	DET
ftr-358	637	61	holding	hold	VERB
ftr-358	637	62	period	period	NOUN
ftr-358	637	63	and	and	CCONJ
ftr-358	637	64	the	the	DET
ftr-358	637	65	appropriate	appropriate	ADJ
ftr-358	637	66	rate	rate	NOUN
ftr-358	637	67	of	of	ADP
ftr-358	637	68	interest	interest	NOUN
ftr-358	637	69	—	—	PUNCT
ftr-358	637	70	that	that	PRON
ftr-358	637	71	are	be	AUX
ftr-358	637	72	not	not	PART
ftr-358	637	73	always	always	ADV
ftr-358	637	74	simple	simple	ADJ
ftr-358	637	75	to	to	PART
ftr-358	637	76	determine	determine	VERB
ftr-358	637	77	.	.	PUNCT
ftr-358	638	1	various	various	ADJ
ftr-358	638	2	systems	system	NOUN
ftr-358	638	3	have	have	AUX
ftr-358	638	4	been	be	AUX
ftr-358	638	5	proposed	propose	VERB
ftr-358	638	6	to	to	PART
ftr-358	638	7	supply	supply	VERB
ftr-358	638	8	the	the	DET
ftr-358	638	9	figures	figure	NOUN
ftr-358	638	10	necessary	necessary	ADJ
ftr-358	638	11	for	for	ADP
ftr-358	638	12	computation,56	computation,56	NOUN
ftr-358	638	13	but	but	CCONJ
ftr-358	638	14	the	the	DET
ftr-358	638	15	very	very	ADJ
ftr-358	638	16	existence	existence	NOUN
ftr-358	638	17	of	of	ADP
ftr-358	638	18	these	these	DET
ftr-358	638	19	competing	compete	VERB
ftr-358	638	20	systems	system	NOUN
ftr-358	638	21	is	be	AUX
ftr-358	638	22	enough	enough	ADJ
ftr-358	638	23	to	to	PART
ftr-358	638	24	give	give	VERB
ftr-358	638	25	one	one	NUM
ftr-358	638	26	pause	pause	NOUN
ftr-358	638	27	.	.	PUNCT
ftr-358	639	1	in	in	ADP
ftr-358	639	2	attempting	attempt	VERB
ftr-358	639	3	to	to	PART
ftr-358	639	4	mimic	mimic	VERB
ftr-358	639	5	the	the	DET
ftr-358	639	6	tax	tax	NOUN
ftr-358	639	7	burden	burden	NOUN
ftr-358	639	8	of	of	ADP
ftr-358	639	9	a	a	DET
ftr-358	639	10	true	true	ADJ
ftr-358	639	11	accrual	accrual	ADJ
ftr-358	639	12	system	system	NOUN
ftr-358	639	13	,	,	PUNCT
ftr-358	639	14	such	such	ADJ
ftr-358	639	15	systems	system	NOUN
ftr-358	639	16	would	would	AUX
ftr-358	639	17	base	base	VERB
ftr-358	639	18	computations	computation	NOUN
ftr-358	639	19	on	on	ADP
ftr-358	639	20	estimations	estimation	NOUN
ftr-358	639	21	that	that	PRON
ftr-358	639	22	are	be	AUX
ftr-358	639	23	often	often	ADV
ftr-358	639	24	arbitrary	arbitrary	ADJ
ftr-358	639	25	.	.	PUNCT
ftr-358	640	1	when	when	SCONJ
ftr-358	640	2	these	these	DET
ftr-358	640	3	estimates	estimate	NOUN
ftr-358	640	4	are	be	AUX
ftr-358	640	5	inaccurate	inaccurate	ADJ
ftr-358	640	6	the	the	DET
ftr-358	640	7	results	result	NOUN
ftr-358	640	8	will	will	AUX
ftr-358	640	9	be	be	AUX
ftr-358	640	10	distorted	distort	VERB
ftr-358	640	11	.	.	PUNCT
ftr-358	641	1	it	it	PRON
ftr-358	641	2	is	be	AUX
ftr-358	641	3	hard	hard	ADJ
ftr-358	641	4	to	to	PART
ftr-358	641	5	justify	justify	VERB
ftr-358	641	6	such	such	DET
ftr-358	641	7	a	a	DET
ftr-358	641	8	substitute	substitute	NOUN
ftr-358	641	9	when	when	SCONJ
ftr-358	641	10	it	it	PRON
ftr-358	641	11	is	be	AUX
ftr-358	641	12	easier	easy	ADJ
ftr-358	641	13	to	to	PART
ftr-358	641	14	impose	impose	VERB
ftr-358	641	15	tax	tax	NOUN
ftr-358	641	16	on	on	ADP
ftr-358	641	17	the	the	DET
ftr-358	641	18	actual	actual	ADJ
ftr-358	641	19	gain	gain	NOUN
ftr-358	641	20	accrued	accrue	VERB
ftr-358	641	21	each	each	DET
ftr-358	641	22	year	year	NOUN
ftr-358	641	23	.	.	PUNCT
ftr-358	642	1	mark	mark	PROPN
ftr-358	642	2	-	-	PUNCT
ftr-358	642	3	to	to	ADP
ftr-358	642	4	-	-	PUNCT
ftr-358	642	5	market	market	NOUN
ftr-358	642	6	taxation	taxation	NOUN
ftr-358	642	7	is	be	AUX
ftr-358	642	8	not	not	PART
ftr-358	642	9	affected	affect	VERB
ftr-358	642	10	by	by	ADP
ftr-358	642	11	these	these	DET
ftr-358	642	12	inexactitudes	inexactitude	NOUN
ftr-358	642	13	.	.	PUNCT
ftr-358	643	1	each	each	DET
ftr-358	643	2	year	year	NOUN
ftr-358	643	3	the	the	DET
ftr-358	643	4	taxpayer	taxpayer	NOUN
ftr-358	643	5	pays	pay	VERB
ftr-358	643	6	tax	tax	NOUN
ftr-358	643	7	on	on	ADP
ftr-358	643	8	the	the	DET
ftr-358	643	9	actual	actual	ADJ
ftr-358	643	10	gain	gain	NOUN
ftr-358	643	11	accrued	accrue	VERB
ftr-358	643	12	during	during	ADP
ftr-358	643	13	the	the	DET
ftr-358	643	14	year	year	NOUN
ftr-358	643	15	.	.	PUNCT
ftr-358	644	1	as	as	SCONJ
ftr-358	644	2	tax	tax	NOUN
ftr-358	644	3	is	be	AUX
ftr-358	644	4	paid	pay	VERB
ftr-358	644	5	concurrent	concurrent	ADJ
ftr-358	644	6	with	with	ADP
ftr-358	644	7	the	the	DET
ftr-358	644	8	gain	gain	NOUN
ftr-358	644	9	,	,	PUNCT
ftr-358	644	10	it	it	PRON
ftr-358	644	11	is	be	AUX
ftr-358	644	12	unnecessary	unnecessary	ADJ
ftr-358	644	13	to	to	PART
ftr-358	644	14	determine	determine	VERB
ftr-358	644	15	the	the	DET
ftr-358	644	16	interest	interest	NOUN
ftr-358	644	17	rate	rate	NOUN
ftr-358	644	18	.	.	PUNCT
ftr-358	645	1	furthermore	furthermore	ADV
ftr-358	645	2	,	,	PUNCT
ftr-358	645	3	the	the	DET
ftr-358	645	4	taxpayer	taxpayer	NOUN
ftr-358	645	5	has	have	VERB
ftr-358	645	6	the	the	DET
ftr-358	645	7	option	option	NOUN
ftr-358	645	8	each	each	DET
ftr-358	645	9	year	year	NOUN
ftr-358	645	10	of	of	ADP
ftr-358	645	11	selling	sell	VERB
ftr-358	645	12	securities	security	NOUN
ftr-358	645	13	to	to	PART
ftr-358	645	14	pay	pay	VERB
ftr-358	645	15	the	the	DET
ftr-358	645	16	tax	tax	NOUN
ftr-358	645	17	attributable	attributable	ADJ
ftr-358	645	18	to	to	ADP
ftr-358	645	19	that	that	DET
ftr-358	645	20	year	year	NOUN
ftr-358	645	21	,	,	PUNCT
ftr-358	645	22	an	an	DET
ftr-358	645	23	option	option	NOUN
ftr-358	645	24	unavailable	unavailable	ADJ
ftr-358	645	25	when	when	SCONJ
ftr-358	645	26	tax	tax	NOUN
ftr-358	645	27	is	be	AUX
ftr-358	645	28	deferred	defer	VERB
ftr-358	645	29	until	until	ADP
ftr-358	645	30	realization	realization	NOUN
ftr-358	645	31	.	.	PUNCT
ftr-358	646	1	there	there	ADV
ftr-358	646	2	the	the	DET
ftr-358	646	3	taxpayer	taxpayer	NOUN
ftr-358	646	4	is	be	AUX
ftr-358	646	5	,	,	PUNCT
ftr-358	646	6	in	in	ADP
ftr-358	646	7	effect	effect	NOUN
ftr-358	646	8	,	,	PUNCT
ftr-358	646	9	forced	force	VERB
ftr-358	646	10	to	to	PART
ftr-358	646	11	borrow	borrow	VERB
ftr-358	646	12	funds	fund	NOUN
ftr-358	646	13	from	from	ADP
ftr-358	646	14	the	the	DET
ftr-358	646	15	government	government	NOUN
ftr-358	646	16	if	if	SCONJ
ftr-358	646	17	she	she	PRON
ftr-358	646	18	wishes	wish	VERB
ftr-358	646	19	to	to	PART
ftr-358	646	20	continue	continue	VERB
ftr-358	646	21	holding	hold	VERB
ftr-358	646	22	onto	onto	ADP
ftr-358	646	23	the	the	DET
ftr-358	646	24	security.57	security.57	PROPN
ftr-358	647	1	v.	v.	ADP
ftr-358	647	2	conclusion	conclusion	NOUN
ftr-358	647	3	the	the	DET
ftr-358	647	4	realization	realization	NOUN
ftr-358	647	5	convention	convention	NOUN
ftr-358	647	6	was	be	AUX
ftr-358	647	7	designed	design	VERB
ftr-358	647	8	to	to	PART
ftr-358	647	9	deal	deal	VERB
ftr-358	647	10	with	with	ADP
ftr-358	647	11	those	those	DET
ftr-358	647	12	situations	situation	NOUN
ftr-358	647	13	in	in	ADP
ftr-358	647	14	which	which	PRON
ftr-358	647	15	it	it	PRON
ftr-358	647	16	is	be	AUX
ftr-358	647	17	difficult	difficult	ADJ
ftr-358	647	18	,	,	PUNCT
ftr-358	647	19	in	in	ADP
ftr-358	647	20	practice	practice	NOUN
ftr-358	647	21	,	,	PUNCT
ftr-358	647	22	to	to	PART
ftr-358	647	23	impose	impose	VERB
ftr-358	647	24	tax	tax	NOUN
ftr-358	647	25	on	on	ADP
ftr-358	647	26	asset	asset	NOUN
ftr-358	647	27	appreciation	appreciation	NOUN
ftr-358	647	28	prior	prior	ADV
ftr-358	647	29	to	to	ADP
ftr-358	647	30	sale	sale	NOUN
ftr-358	647	31	.	.	PUNCT
ftr-358	648	1	deferring	defer	VERB
ftr-358	648	2	the	the	DET
ftr-358	648	3	payment	payment	NOUN
ftr-358	648	4	of	of	ADP
ftr-358	648	5	tax	tax	NOUN
ftr-358	648	6	until	until	SCONJ
ftr-358	648	7	realization	realization	NOUN
ftr-358	648	8	creates	create	VERB
ftr-358	648	9	economic	economic	ADJ
ftr-358	648	10	inefficiency	inefficiency	NOUN
ftr-358	648	11	and	and	CCONJ
ftr-358	648	12	,	,	PUNCT
ftr-358	648	13	more	more	ADV
ftr-358	648	14	importantly	importantly	ADV
ftr-358	648	15	,	,	PUNCT
ftr-358	648	16	violates	violate	VERB
ftr-358	648	17	fundamental	fundamental	ADJ
ftr-358	648	18	principles	principle	NOUN
ftr-358	648	19	of	of	ADP
ftr-358	648	20	horizontal	horizontal	ADJ
ftr-358	648	21	and	and	CCONJ
ftr-358	648	22	vertical	vertical	ADJ
ftr-358	648	23	equity	equity	NOUN
ftr-358	648	24	.	.	PUNCT
ftr-358	649	1	however	however	ADV
ftr-358	649	2	,	,	PUNCT
ftr-358	649	3	in	in	ADP
ftr-358	649	4	most	most	ADJ
ftr-358	649	5	cases	case	NOUN
ftr-358	649	6	,	,	PUNCT
ftr-358	649	7	there	there	PRON
ftr-358	649	8	is	be	VERB
ftr-358	649	9	little	little	ADJ
ftr-358	649	10	choice	choice	NOUN
ftr-358	649	11	but	but	SCONJ
ftr-358	649	12	to	to	PART
ftr-358	649	13	surrender	surrender	VERB
ftr-358	649	14	to	to	ADP
ftr-358	649	15	the	the	DET
ftr-358	649	16	dictates	dictate	NOUN
ftr-358	649	17	of	of	ADP
ftr-358	649	18	reality	reality	NOUN
ftr-358	649	19	and	and	CCONJ
ftr-358	649	20	wait	wait	VERB
ftr-358	649	21	for	for	ADP
ftr-358	649	22	sale	sale	NOUN
ftr-358	649	23	before	before	SCONJ
ftr-358	649	24	the	the	DET
ftr-358	649	25	government	government	NOUN
ftr-358	649	26	can	can	AUX
ftr-358	649	27	claim	claim	VERB
ftr-358	649	28	its	its	PRON
ftr-358	649	29	share	share	NOUN
ftr-358	649	30	of	of	ADP
ftr-358	649	31	the	the	DET
ftr-358	649	32	gain	gain	NOUN
ftr-358	649	33	.	.	PUNCT
ftr-358	650	1	valuation	valuation	NOUN
ftr-358	650	2	and	and	CCONJ
ftr-358	650	3	liquidity	liquidity	NOUN
ftr-358	650	4	do	do	AUX
ftr-358	650	5	not	not	PART
ftr-358	650	6	pose	pose	VERB
ftr-358	650	7	serious	serious	ADJ
ftr-358	650	8	impediments	impediment	NOUN
ftr-358	650	9	to	to	ADP
ftr-358	650	10	taxing	tax	VERB
ftr-358	650	11	appreciation	appreciation	NOUN
ftr-358	650	12	of	of	ADP
ftr-358	650	13	publicly	publicly	ADV
ftr-358	650	14	-	-	PUNCT
ftr-358	650	15	traded	trade	VERB
ftr-358	650	16	securities	security	NOUN
ftr-358	650	17	.	.	PUNCT
ftr-358	651	1	on	on	ADP
ftr-358	651	2	the	the	DET
ftr-358	651	3	contrary	contrary	NOUN
ftr-358	651	4	,	,	PUNCT
ftr-358	651	5	clinging	cling	VERB
ftr-358	651	6	to	to	ADP
ftr-358	651	7	the	the	DET
ftr-358	651	8	realization	realization	NOUN
ftr-358	651	9	principle	principle	NOUN
ftr-358	651	10	is	be	AUX
ftr-358	651	11	what	what	PRON
ftr-358	651	12	causes	cause	VERB
ftr-358	651	13	problems	problem	NOUN
ftr-358	651	14	:	:	PUNCT
ftr-358	651	15	disruption	disruption	NOUN
ftr-358	651	16	of	of	ADP
ftr-358	651	17	the	the	DET
ftr-358	651	18	smooth	smooth	ADJ
ftr-358	651	19	operation	operation	NOUN
ftr-358	651	20	of	of	ADP
ftr-358	651	21	the	the	DET
ftr-358	651	22	market	market	NOUN
ftr-358	651	23	,	,	PUNCT
ftr-358	651	24	manipulation	manipulation	NOUN
ftr-358	651	25	of	of	ADP
ftr-358	651	26	sophisticated	sophisticated	ADJ
ftr-358	651	27	financial	financial	ADJ
ftr-358	651	28	instruments	instrument	NOUN
ftr-358	651	29	,	,	PUNCT
ftr-358	651	30	and	and	CCONJ
ftr-358	651	31	strict	strict	ADJ
ftr-358	651	32	limitations	limitation	NOUN
ftr-358	651	33	on	on	ADP
ftr-358	651	34	the	the	DET
ftr-358	651	35	deduction	deduction	NOUN
ftr-358	651	36	of	of	ADP
ftr-358	651	37	capital	capital	NOUN
ftr-358	651	38	losses	loss	NOUN
ftr-358	651	39	.	.	PUNCT
ftr-358	652	1	mark	mark	NOUN
ftr-358	652	2	-	-	PUNCT
ftr-358	652	3	to	to	ADP
ftr-358	652	4	-	-	PUNCT
ftr-358	652	5	market	market	NOUN
ftr-358	652	6	taxation	taxation	NOUN
ftr-358	652	7	,	,	PUNCT
ftr-358	652	8	on	on	ADP
ftr-358	652	9	the	the	DET
ftr-358	652	10	other	other	ADJ
ftr-358	652	11	hand	hand	NOUN
ftr-358	652	12	,	,	PUNCT
ftr-358	652	13	is	be	AUX
ftr-358	652	14	both	both	PRON
ftr-358	652	15	equitable	equitable	ADJ
ftr-358	652	16	and	and	CCONJ
ftr-358	652	17	efficient	efficient	ADJ
ftr-358	652	18	:	:	PUNCT
ftr-358	652	19	investors	investor	NOUN
ftr-358	652	20	would	would	AUX
ftr-358	652	21	pay	pay	VERB
ftr-358	652	22	tax	tax	NOUN
ftr-358	652	23	on	on	ADP
ftr-358	652	24	their	their	PRON
ftr-358	652	25	gain	gain	NOUN
ftr-358	652	26	as	as	SCONJ
ftr-358	652	27	it	it	PRON
ftr-358	652	28	accrues	accrue	VERB
ftr-358	652	29	,	,	PUNCT
ftr-358	652	30	and	and	CCONJ
ftr-358	652	31	their	their	PRON
ftr-358	652	32	choice	choice	NOUN
ftr-358	652	33	of	of	ADP
ftr-358	652	34	whether	whether	SCONJ
ftr-358	652	35	to	to	PART
ftr-358	652	36	sell	sell	VERB
ftr-358	652	37	or	or	CCONJ
ftr-358	652	38	to	to	PART
ftr-358	652	39	hold	hold	VERB
ftr-358	652	40	would	would	AUX
ftr-358	652	41	not	not	PART
ftr-358	652	42	be	be	AUX
ftr-358	652	43	affected	affect	VERB
ftr-358	652	44	by	by	ADP
ftr-358	652	45	tax	tax	NOUN
ftr-358	652	46	considerations	consideration	NOUN
ftr-358	652	47	.	.	PUNCT
ftr-358	653	1	mark	mark	PROPN
ftr-358	653	2	-	-	PUNCT
ftr-358	653	3	to	to	ADP
ftr-358	653	4	-	-	PUNCT
ftr-358	653	5	market	market	NOUN
ftr-358	653	6	taxation	taxation	NOUN
ftr-358	653	7	also	also	ADV
ftr-358	653	8	allows	allow	VERB
ftr-358	653	9	unrestricted	unrestricted	ADJ
ftr-358	653	10	deduction	deduction	NOUN
ftr-358	653	11	(	(	PUNCT
ftr-358	653	12	or	or	CCONJ
ftr-358	653	13	a	a	DET
ftr-358	653	14	credit	credit	NOUN
ftr-358	653	15	in	in	ADP
ftr-358	653	16	lieu	lieu	NOUN
ftr-358	653	17	)	)	PUNCT
ftr-358	653	18	of	of	ADP
ftr-358	653	19	capital	capital	NOUN
ftr-358	653	20	losses	loss	NOUN
ftr-358	653	21	,	,	PUNCT
ftr-358	653	22	a	a	DET
ftr-358	653	23	provision	provision	NOUN
ftr-358	653	24	that	that	PRON
ftr-358	653	25	would	would	AUX
ftr-358	653	26	contribute	contribute	VERB
ftr-358	653	27	not	not	PART
ftr-358	653	28	only	only	ADV
ftr-358	653	29	to	to	ADP
ftr-358	653	30	the	the	DET
ftr-358	653	31	56	56	NUM
ftr-358	653	32	.	.	PUNCT
ftr-358	654	1	see	see	VERB
ftr-358	654	2	supra	supra	PROPN
ftr-358	654	3	note	note	PROPN
ftr-358	654	4	55	55	NUM
ftr-358	654	5	.	.	PUNCT
ftr-358	655	1	57	57	NUM
ftr-358	655	2	.	.	PUNCT
ftr-358	656	1	see	see	VERB
ftr-358	656	2	schenk	schenk	PROPN
ftr-358	656	3	,	,	PUNCT
ftr-358	656	4	supra	supra	PROPN
ftr-358	656	5	note	note	PROPN
ftr-358	656	6	55	55	NUM
ftr-358	656	7	,	,	PUNCT
ftr-358	656	8	at	at	ADP
ftr-358	656	9	540	540	NUM
ftr-358	656	10	(	(	PUNCT
ftr-358	656	11	“	"	PUNCT
ftr-358	656	12	[	[	X
ftr-358	656	13	s]uppose	s]uppose	ADP
ftr-358	656	14	the	the	DET
ftr-358	656	15	tax	tax	NOUN
ftr-358	656	16	rate	rate	NOUN
ftr-358	656	17	is	be	AUX
ftr-358	656	18	40	40	NUM
ftr-358	656	19	%	%	NOUN
ftr-358	656	20	and	and	CCONJ
ftr-358	656	21	t	t	NOUN
ftr-358	656	22	purchased	purchase	VERB
ftr-358	656	23	property	property	NOUN
ftr-358	656	24	for	for	ADP
ftr-358	656	25	$	$	SYM
ftr-358	656	26	1	1	NUM
ftr-358	656	27	,	,	PUNCT
ftr-358	656	28	which	which	PRON
ftr-358	656	29	he	he	PRON
ftr-358	656	30	held	hold	VERB
ftr-358	656	31	for	for	ADP
ftr-358	656	32	20	20	NUM
ftr-358	656	33	years	year	NOUN
ftr-358	656	34	and	and	CCONJ
ftr-358	656	35	then	then	ADV
ftr-358	656	36	sold	sell	VERB
ftr-358	656	37	for	for	ADP
ftr-358	656	38	$	$	SYM
ftr-358	656	39	1,000	1,000	NUM
ftr-358	656	40	.	.	PUNCT
ftr-358	657	1	t	t	PROPN
ftr-358	657	2	would	would	AUX
ftr-358	657	3	owe	owe	VERB
ftr-358	657	4	$	$	SYM
ftr-358	657	5	400	400	NUM
ftr-358	657	6	in	in	ADP
ftr-358	657	7	taxes	taxis	NOUN
ftr-358	657	8	plus	plus	CCONJ
ftr-358	657	9	$	$	SYM
ftr-358	657	10	743	743	NUM
ftr-358	657	11	in	in	ADP
ftr-358	657	12	interest	interest	NOUN
ftr-358	657	13	at	at	ADP
ftr-358	657	14	10	10	NUM
ftr-358	657	15	%	%	NOUN
ftr-358	657	16	,	,	PUNCT
ftr-358	657	17	or	or	CCONJ
ftr-358	657	18	$	$	SYM
ftr-358	657	19	1,143	1,143	NUM
ftr-358	657	20	,	,	PUNCT
ftr-358	657	21	more	more	ADJ
ftr-358	657	22	than	than	ADP
ftr-358	657	23	the	the	DET
ftr-358	657	24	sales	sale	NOUN
ftr-358	657	25	price	price	NOUN
ftr-358	657	26	.	.	PUNCT
ftr-358	657	27	”	"	PUNCT
ftr-358	657	28	)	)	PUNCT
ftr-358	657	29	.	.	PUNCT
ftr-358	658	1	2010	2010	NUM
ftr-358	658	2	]	]	PUNCT
ftr-358	658	3	the	the	DET
ftr-358	658	4	myth	myth	NOUN
ftr-358	658	5	of	of	ADP
ftr-358	658	6	realization	realization	NOUN
ftr-358	658	7	:	:	PUNCT
ftr-358	658	8	mark	mark	NOUN
ftr-358	658	9	-	-	PUNCT
ftr-358	658	10	to	to	ADP
ftr-358	658	11	-	-	PUNCT
ftr-358	658	12	market	market	NOUN
ftr-358	658	13	taxation	taxation	NOUN
ftr-358	658	14	407	407	NUM
ftr-358	658	15	equity	equity	NOUN
ftr-358	658	16	and	and	CCONJ
ftr-358	658	17	efficiency	efficiency	NOUN
ftr-358	658	18	of	of	ADP
ftr-358	658	19	the	the	DET
ftr-358	658	20	tax	tax	NOUN
ftr-358	658	21	structure	structure	NOUN
ftr-358	658	22	but	but	CCONJ
ftr-358	658	23	also	also	ADV
ftr-358	658	24	—	—	PUNCT
ftr-358	658	25	and	and	CCONJ
ftr-358	658	26	no	no	PRON
ftr-358	658	27	less	less	ADV
ftr-358	658	28	importantly	importantly	ADV
ftr-358	658	29	—	—	PUNCT
ftr-358	658	30	to	to	ADP
ftr-358	658	31	the	the	DET
ftr-358	658	32	public	public	ADJ
ftr-358	658	33	perception	perception	NOUN
ftr-358	658	34	of	of	ADP
ftr-358	658	35	its	its	PRON
ftr-358	658	36	fairness	fairness	NOUN
ftr-358	658	37	.	.	PUNCT
ftr-358	659	1	countering	counter	VERB
ftr-358	659	2	these	these	DET
ftr-358	659	3	advantages	advantage	NOUN
ftr-358	659	4	is	be	AUX
ftr-358	659	5	the	the	DET
ftr-358	659	6	conception	conception	NOUN
ftr-358	659	7	that	that	SCONJ
ftr-358	659	8	mere	mere	ADJ
ftr-358	659	9	“	"	PUNCT
ftr-358	659	10	paper	paper	NOUN
ftr-358	659	11	gain	gain	NOUN
ftr-358	659	12	”	"	PUNCT
ftr-358	659	13	is	be	AUX
ftr-358	659	14	not	not	PART
ftr-358	659	15	a	a	DET
ftr-358	659	16	proper	proper	ADJ
ftr-358	659	17	subject	subject	NOUN
ftr-358	659	18	for	for	ADP
ftr-358	659	19	taxation	taxation	NOUN
ftr-358	659	20	.	.	PUNCT
ftr-358	660	1	however	however	ADV
ftr-358	660	2	,	,	PUNCT
ftr-358	660	3	this	this	DET
ftr-358	660	4	conception	conception	NOUN
ftr-358	660	5	,	,	PUNCT
ftr-358	660	6	deeply	deeply	ADV
ftr-358	660	7	rooted	root	VERB
ftr-358	660	8	in	in	ADP
ftr-358	660	9	the	the	DET
ftr-358	660	10	public	public	ADJ
ftr-358	660	11	consciousness	consciousness	NOUN
ftr-358	660	12	as	as	SCONJ
ftr-358	660	13	it	it	PRON
ftr-358	660	14	may	may	AUX
ftr-358	660	15	be	be	AUX
ftr-358	660	16	,	,	PUNCT
ftr-358	660	17	is	be	AUX
ftr-358	660	18	unwarranted	unwarranted	ADJ
ftr-358	660	19	.	.	PUNCT
ftr-358	661	1	only	only	ADV
ftr-358	661	2	the	the	DET
ftr-358	661	3	fact	fact	NOUN
ftr-358	661	4	that	that	SCONJ
ftr-358	661	5	it	it	PRON
ftr-358	661	6	is	be	AUX
ftr-358	661	7	so	so	ADV
ftr-358	661	8	deeply	deeply	ADV
ftr-358	661	9	rooted	rooted	ADJ
ftr-358	661	10	gives	give	VERB
ftr-358	661	11	it	it	PRON
ftr-358	661	12	any	any	DET
ftr-358	661	13	standing	stand	VERB
ftr-358	661	14	whatsoever	whatsoever	ADV
ftr-358	661	15	.	.	PUNCT
ftr-358	662	1	by	by	ADP
ftr-358	662	2	explaining	explain	VERB
ftr-358	662	3	to	to	ADP
ftr-358	662	4	the	the	DET
ftr-358	662	5	public	public	NOUN
ftr-358	662	6	that	that	SCONJ
ftr-358	662	7	taxing	tax	VERB
ftr-358	662	8	gains	gain	NOUN
ftr-358	662	9	as	as	SCONJ
ftr-358	662	10	they	they	PRON
ftr-358	662	11	accrue	accrue	VERB
ftr-358	662	12	will	will	AUX
ftr-358	662	13	allow	allow	VERB
ftr-358	662	14	losses	loss	NOUN
ftr-358	662	15	also	also	ADV
ftr-358	662	16	to	to	PART
ftr-358	662	17	be	be	AUX
ftr-358	662	18	recognized	recognize	VERB
ftr-358	662	19	as	as	SCONJ
ftr-358	662	20	they	they	PRON
ftr-358	662	21	accrue	accrue	VERB
ftr-358	662	22	and	and	CCONJ
ftr-358	662	23	,	,	PUNCT
ftr-358	662	24	furthermore	furthermore	ADV
ftr-358	662	25	,	,	PUNCT
ftr-358	662	26	will	will	AUX
ftr-358	662	27	provide	provide	VERB
ftr-358	662	28	investors	investor	NOUN
ftr-358	662	29	with	with	ADP
ftr-358	662	30	an	an	DET
ftr-358	662	31	immediate	immediate	ADJ
ftr-358	662	32	tax	tax	NOUN
ftr-358	662	33	benefit	benefit	NOUN
ftr-358	662	34	even	even	ADV
ftr-358	662	35	in	in	ADP
ftr-358	662	36	the	the	DET
ftr-358	662	37	absence	absence	NOUN
ftr-358	662	38	of	of	ADP
ftr-358	662	39	capital	capital	NOUN
ftr-358	662	40	gains	gain	NOUN
ftr-358	662	41	,	,	PUNCT
ftr-358	662	42	it	it	PRON
ftr-358	662	43	may	may	AUX
ftr-358	662	44	be	be	AUX
ftr-358	662	45	possible	possible	ADJ
ftr-358	662	46	to	to	PART
ftr-358	662	47	obtain	obtain	VERB
ftr-358	662	48	public	public	ADJ
ftr-358	662	49	support	support	NOUN
ftr-358	662	50	for	for	ADP
ftr-358	662	51	mark	mark	NOUN
ftr-358	662	52	-	-	PUNCT
ftr-358	662	53	to	to	ADP
ftr-358	662	54	-	-	PUNCT
ftr-358	662	55	market	market	NOUN
ftr-358	662	56	taxation	taxation	NOUN
ftr-358	662	57	.	.	PUNCT
ftr-358	663	1	408	408	NUM
ftr-358	663	2	florida	florida	PROPN
ftr-358	663	3	tax	tax	NOUN
ftr-358	663	4	review	review	NOUN
ftr-358	663	5	[	[	X
ftr-358	663	6	vol	vol	NOUN
ftr-358	663	7	.	.	PUNCT
ftr-358	664	1	10:5	10:5	NUM