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MrMaxwell · 04-23-2013, 07:35 PM

I think it is kind of like when someone feeds a casino slots several grand, wins a piece of it back and then is made to pay taxes on the "winnings" that are actually a loss. Kind of like when the IRS says you had "income" on settled debts that were quadrupled and then "settled" for pretty much what they originally were or less.

04-23-2013, 07:35 PM
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	I think it is kind of like when someone feeds a casino slots several grand, wins a piece of it back and then is made to pay taxes on the "winnings" that are actually a loss. Kind of like when the IRS says you had "income" on settled debts that were quadrupled and then "settled" for pretty much what they originally were or less.