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Reply #4: Income is income [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
puerco-bellies Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-22-07 02:03 AM
Response to Original message
4. Income is income
If you have actually cashed out in profit then you should be taxed. If the market value has increased but you have not liquidated your position you should not be taxed on what is a "theoretical", value.
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