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<p>[QUOTE=&quot;medoraman, post: 976964, member: 26302&quot;]You are right, no new taxes in theory. However, in practice now the IRS will have access to records showing your activity and will be able to audit your P&amp;L on coin transactions and require you to pay on gains. Is this a new tax? No, but most people have never paid it even though legally they have always owed it. That is why they say it will raise money.</p><p><br /></p><p>I am not going to say whether it was right or wrong to never pay the taxes owed on sales before. That is another question.[/QUOTE]</p><p><br /></p>

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