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Taxes/555
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Farmer087
Posted 8/21/2024 13:11 (#10860425 - in reply to #10860028)
Subject: RE: Taxes/555


NW IL
Every home owner would rebel.
Imagine holding grain over to capture carry. Valued at harvest or beginning of tax year?

And all the steel, copper, oil and other commodities that could be taxed on gains..

Not to mention all the stock market accounts..
Would it affect private business valuations too?

Would be a mess if it happened.
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