If you're a shareholder of J.C. Penney (NYSE: JCP ) or Abercrombie & Fitch (NYSE: ANF ) , then you'd be excused for being glum this holiday season, as both companies saw their share prices tank throughout the past year. But there may be a silver lining. As Motley Fool contributor John Maxfield discusses in the video below, given the recently enacted increase in top marginal tax rates for capital gains, it may be a great time to have capital losses to net against gains.
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