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[News] the IRS is after your EPICs!
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Hard to believe it was just 5 seasons...


Member 1399

Level 25.03

Mar 2006


Old Feb 25, 2007, 12:35 PM Local time: Feb 25, 2007, 11:35 AM #1 of 10
Lolz, government is teh n00bz and will get h4xx0rD!

Seriously though: if they start taxing "virtual" assets, then these assets would fall under regular U.S. law. What does this mean? It means that if someone stole your "epic" that was taxed under a new U.S. law, the feds would have to assign an FBI agent to your case to try to get the epic back. Then, what about eminent domain? One private entity could simply take over your land/buildings in Second Life by claiming eminent domain.

If the government sticks their head into this sort of thing they are going to end up getting pWned.

Jam it back in, in the dark.
"We are all the sum of our tears. Too little, and the ground is not fertile and nothing can grow there. Too much – the best of us is washed away…" - G'Kar
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Exploding Garrmondo Weiner Interactive Swiss Army Penis > Garrmondo Entertainment > Video Gaming > [News] the IRS is after your EPICs!

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