Under current law, if your capital loses exceed your capital gains, you can deduct as much as $3000 of loses against other forms of income. In the wake of massive declines in the stock market in 2009 Senator Orrin Hatch suggested that figure be increased. Evaluate this proposal from the view point of the Haig-Simons criterion. That is, would the proposal lead to an income tax base that is closer or farther fro the Haig- Simmons ideal than the status quo