Wednesday

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I found this kind of funny.

But I don't understand this.

"Matt Murphy, a 21-year-old student and construction supervisor from New York, emerged from a scuffle holding the ball. He said he decided to sell it because he couldn't afford to pay the taxes required to keep it."

I thought it wasn't worth anything until you sold it. If anyone can explain this, feel free.

1 comment:

Anonymous said...

He pays taxes on it the year he got it based on its estimated value, even if he sells it in a future year.