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<blockquote data-quote="Up In Smoke" data-source="post: 5655532" data-attributes="member: 79702"><p>In our state, the seller of an asset doesn't pay capital gains unless the item was depreciated as a business expense. Primary homes and other assets sold by a private citizen are not subject to tax. I'm not sure how you tie this to any one person, as this has been the American way for decades. The inflation cycle we are currently in began with the "printing" of 9T dollars to combat Covid in 2020. If you go back and look at previous forums, you will see the inflation discussion began around June of 2020.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5655532, member: 79702"] In our state, the seller of an asset doesn't pay capital gains unless the item was depreciated as a business expense. Primary homes and other assets sold by a private citizen are not subject to tax. I'm not sure how you tie this to any one person, as this has been the American way for decades. The inflation cycle we are currently in began with the "printing" of 9T dollars to combat Covid in 2020. If you go back and look at previous forums, you will see the inflation discussion began around June of 2020. [/QUOTE]
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