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Gold And Tax

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GO
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 Posted 05/29/2008  12:50 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
Make $6000 in earnings
Pay $1000 in taxes
I have $5000 to buy a car
Pay $500 on taxes on the car
-----
Sell the car for $2500 a few years later
Technically you should pay taxes on the "earnings"
of the car being sold

I need an Advil
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