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[personal profile] jackofallgeeks
There are a lot of reasons why Taxing Virtual Assets angers and frightens me.

"Oooo," said the tax auditor, "I see Mendark the Great bought a dragon this year. That's going to slide you into the next bracket, I'm afraid."

And inheritance? "So, wait. My parents had $50,000 in the bank, and $20,000 in stocks and bonds, but they had how many millions in 'virtual property'? And you're taxing me what?"

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John Noble

August 2012

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