***SBB- Summer Sizzle Sale***- 700 WYSYWG - 400 Auctions! $1, $5 Corals. up to 80% off Starts 7/13/23!!! $2,000 In Games and GIfts!!!!!!!

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Kasrift

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Yup, i get taxed at like 33% on collectibles i sell on the side and my pups i sell get treated as ordinary income. But mega rich pay next to nothing on capital gains and can carryover real-estate losses practically indefinitely. Sweet system
Geez that is high. Taxed on the price you sell for or the profit you claim from a collectible?
 

woodyarmadillo

The other Tim
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Yup, i get taxed at like 33% on collectibles i sell on the side and my pups i sell get treated as ordinary income. But mega rich pay next to nothing on capital gains and can carryover real-estate losses practically indefinitely. Sweet system

team america vomit GIF
 

CodyBot

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Yup, i get taxed at like 33% on collectibles i sell on the side and my pups i sell get treated as ordinary income. But mega rich pay next to nothing on capital gains and can carryover real-estate losses practically indefinitely. Sweet system
Yeah a 30 minute introduction into the tax code shows how rigged it is. Prime example is that if the average American has any kind of wealth built up, then that value is in their home. The average rich American has their wealth tied up in assets. Guess which one gets taxed and which one doesn't?
 

steveschuerger

I love Gonis and Euphyllia. Maybe too much
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Go time TEAM BEAVER!!! Ok im not going back thru the last 40 pages what did i miss? Must have been some juicy stuff going on i see a moderator in here. Dont tell me someone started taking about their overflow style again
1689202838461.gif
 

HAVE YOU EVER KEPT A RARE/UNCOMMON FISH, CORAL, OR INVERT? SHOW IT OFF IN THE THREAD!

  • Yes!

    Votes: 32 45.7%
  • Not yet, but I have one that I want to buy in mind!

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  • Other (please explain).

    Votes: 3 4.3%
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