OK, so I realize I'm getting ahead of myself here, but what
exactly do I tell the IRS next April?
I'm not talking about the amusing but ultimately trivial question
of what I put down as my job category. (Gold Farmer? Vaporware
Vendor? Merchant of Dreams?) This is a tougher one, with rather more
substantial implications both for me and the Ultima Online economy
in general. It's the big question, in fact, the heart of it all, the
only datum, finally, that the tax man is really interested in: What,
precisely, is my income?
If You Take a Walk I'll Tax Your Feet
It is an interesting question whether the Tax Man™ can tax virtual
money from a virtual economy, especially since the virtual economy in
question is the
79th largest in the world (“Yes, you too can earn
$3.42 an hour clicking the mouse!”). I wouldn't be surprised if Uncle Sam
doesn't attempt this soon, especially given this from the IRS:
Illegal income. Illegal income, such as stolen or
embezzled funds, must be included in your income on line 21 of Form
1040, or on Schedule C or Schedule C-EZ (Form 1040) if from your
525: Taxable and Nontaxable Income
If the IRS can say
this with a straight face, then it's only a matter of time they start coming
after non-existent money.
You have my permission to link freely to any entry here. Go
ahead, I won't bite. I promise.
The dates are the permanent links to that day's entries (or
entry, if there is only one entry). The titles are the permanent
links to that entry only. The format for the links are
simple: Start with the base link for this site: http://boston.conman.org/, then add the date you are
interested in, say 2000/08/01,
so that would make the final URL:
You can also specify the entire month by leaving off the day
portion. You can even select an arbitrary portion of time.
You may also note subtle shading of the links and that's
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page) the “brighter” it appears. It's an experiment in
using color shading to denote the distance a link is from here. If
you don't notice it, don't worry; it's not all that
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