IPB

Welcome Guest ( Log In | Register )


 
Reply to this topicStart new topic
> YaY for Government Genius, The government wants to tax your virtual dollars
Grif
post Oct 18 2006, 08:35 PM
Post #1





Group: Members
Posts: 46
Joined: 22-February 06
From: lubbock
Member No.: 3



Hope someone didn't beat me to it.

http://secondlife.reuters.com/stories/2006...tual-economies/

Now while I agree with taxing someone who sold their account, or sold gold for real money, I dont get how it is even feasibly possible to tax someone for something they will never ever physically own.

Then again I might have missread the article, which if that is the case feel free to make me feel like a dumbass.
Go to the top of the page
 
+Quote Post
rabble
post Oct 18 2006, 11:18 PM
Post #2


START THE REACTOR!


Group: Members
Posts: 874
Joined: 23-February 06
Member No.: 52



Oh thats bullshit, we want to tax your virtual dollars.

aka

"If you make gold in WoW we want our cut!"

Like the guy said, if you transfer your credits to cash you have to report your earning to the IRS, if its not real money then it has no real value.


--------------------
FUCK YOU
Go to the top of the page
 
+Quote Post
Timbo
post Oct 19 2006, 05:41 AM
Post #3


Italian. Yes.


Group: Members
Posts: 767
Joined: 22-February 06
From: -
Member No.: 18





--------------------
Go to the top of the page
 
+Quote Post
impala454
post Oct 19 2006, 09:38 AM
Post #4





Group: Members
Posts: 10,620
Joined: 23-February 06
From: Houston, TX
Member No.: 48



sounds like they just don't know anything about in game virtual economies yet and are just taking steps to learn about how they work and how they relate to real world money.
Go to the top of the page
 
+Quote Post
Mommy
post Oct 19 2006, 07:32 PM
Post #5


New son Donovan Charles Mummert born July 17, 2008


Group: Members
Posts: 8,635
Joined: 22-February 06
From: Port Wentworth, GA
Member No.: 15



tax the shit out of them
Go to the top of the page
 
+Quote Post
impala454
post Oct 19 2006, 09:58 PM
Post #6





Group: Members
Posts: 10,620
Joined: 23-February 06
From: Houston, TX
Member No.: 48



shit i think i saw a statistic somewhere that online WoW gold sales topped $6,000,000 last year
Go to the top of the page
 
+Quote Post
rabble
post Oct 23 2006, 12:14 AM
Post #7


START THE REACTOR!


Group: Members
Posts: 874
Joined: 23-February 06
Member No.: 52



QUOTE (impala454 @ Oct 19 2006, 10:58 PM) *
shit i think i saw a statistic somewhere that online WoW gold sales topped $6,000,000 last year


yeah but you have to report those gains on your taxes. If you make 30,000 off selling WoW gold (or whatever) you have to report it to the IRS. Its almost like double taxation.


--------------------
FUCK YOU
Go to the top of the page
 
+Quote Post
impala454
post Oct 23 2006, 08:09 AM
Post #8





Group: Members
Posts: 10,620
Joined: 23-February 06
From: Houston, TX
Member No.: 48



QUOTE (rabble @ Oct 23 2006, 01:14 AM) *
yeah but you have to report those gains on your taxes. If you make 30,000 off selling WoW gold (or whatever) you have to report it to the IRS. Its almost like double taxation.

heh... yeah i'm sure all the gold farming websites report their earnings to the IRS. not to mention people who just ebay a lot of stuff. i've sure as hell never included stuff i've sold on ebay in my income on tax day.
Go to the top of the page
 
+Quote Post
Spectatrix
post Oct 23 2006, 08:46 AM
Post #9





Group: Admin
Posts: 6,906
Joined: 22-February 06
From: Austin
Member No.: 9



QUOTE (rabble @ Oct 23 2006, 12:14 AM) *
yeah but you have to report those gains on your taxes. If you make 30,000 off selling WoW gold (or whatever) you have to report it to the IRS. Its almost like double taxation.

How would that be double taxation? blink.gif


--------------------
QUOTE (pebkac @ Oct 14 2006, 03:15 PM) *
You and your logic.

QUOTE (Foamy)

http://xkcd.com/386/
Go to the top of the page
 
+Quote Post
pebkac
post Oct 23 2006, 12:02 PM
Post #10


From Atlantis to Interzone


Group: Global Moderators
Posts: 2,512
Joined: 23-February 06
From: Somewhere in space and time
Member No.: 65



QUOTE (impala454 @ Oct 23 2006, 09:09 AM) *
heh... yeah i'm sure all the gold farming websites report their earnings to the IRS. not to mention people who just ebay a lot of stuff. i've sure as hell never included stuff i've sold on ebay in my income on tax day.


Not to mention the fact that a large number of gold farmers aren't even in the US.


--------------------
QUOTE (Spectatrix @ Oct 13 2006, 09:51 PM) *
Holy shit, pebkac, you're awesome!



"Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind." - Theodor Seuss Geisel (AKA Dr. Seuss)

"An idea that is not dangerous is unworthy of being called an idea at all." - Oscar Wilde
Go to the top of the page
 
+Quote Post
The Fanatic
post Oct 23 2006, 01:25 PM
Post #11


Do they ignore parts of reality?


Group: Moderators
Posts: 2,935
Joined: 23-February 06
From: South Overton!!!
Member No.: 46



I think they should be taxed. If i have to pay a sin tax on cigs they should have to pay a tax on not being a productive member of society because they are always on their ass playing some game.


--------------------
A psychotic world we live in. The madmen are in power. How long have we known this? Faced this? And--how many of us do know it? Perhaps if you know you are insane then you are not insane. Or you are becoming sane, finally. Waking up. I suppose only a few are aware of all this. Isolated persons here and there. But the broad masses... what do they think? All these hundreds of thousands in this city, here. Do they imagine that they live in a sane world? Or do they guess, glimpse, the truth...?

-Philip K. Dick
Go to the top of the page
 
+Quote Post
Grif
post Oct 23 2006, 05:18 PM
Post #12





Group: Members
Posts: 46
Joined: 22-February 06
From: lubbock
Member No.: 3



In texas, and several other states, we are taxed for playing. a few states have implemented a sales tax for the monthly subscription fee
Go to the top of the page
 
+Quote Post

Reply to this topicStart new topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members:

 



Lo-Fi Version Time is now: 11th August 2026 - 01:50 PM
Skin made by: skeedio.com