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To: Dalberg-Acton

RE: I think that means you get taxed, not on what you made but what you COULD have made.

Suppose I bought stocks in Apple and held on to the stock for several years. Now I calculate that I made a profit of about $50,000 from my initial investment, but prefer to still hold on to the stock ( i.e., I have not sold the stocks at all ).

What does imputed income mean for me?


7 posted on 08/11/2023 9:09:57 PM PDT by SeekAndFind
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To: SeekAndFind
I think it means you would have to pay tax as if you had sold and taken the profits.

An awful monster would be unleashed in the name of fairness.

18 posted on 08/12/2023 6:14:13 AM PDT by Lakeshark (Trump. He stands for the great issues of the day. Stay the course!)
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