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Re: The Government

By: ribit in 6TH POPE | Recommend this post (0)
Sat, 15 Apr 23 2:23 AM | 39 view(s)
Boardmark this board | 6th Edition Pope Board 		Msg. 41798 of 60008
(This msg. is a reply to 41797 by ctj1950)
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...it is likely the govt will deduct it's "share" at the time of the sale and if you don't like it you can sue em.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
The Government
By: ctj1950 in 6TH POPE
Sat, 15 Apr 23 2:16 AM 		Msg. 41797 of 60008

The IRS is going to keep track of all of your transactions over $600. If you buy a car and then a few years later sell it. They will view the proceeds of the sale as taxable income. It will be your responsibility to prove its not income. They’re going to be inside E-bay, PayPal etc. So keep your receipts.

With the government’s digital dollar. You will need their permission to buy /sell things. Need to ask the federal reserve if you can sell you stocks/buy any stocks.

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