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They refused to negotiate the sale of Mexican States and stood in the way of achieving Manifest Destiny. They also had the audacity to capture and kill US Dragoons who were trespassing on what Mexico claimed was their soil (Thornton Affair).
The Hat Act was an act passed in 1732 by the British to limit the hat industry in the American colonies. It limited apprenticeships to hatmakers, stopped use of black slaves in the industry, and forbade the export of hats from the colonies.
'Sale' is a noun; 'sell' is a verb. (Of course, there are exceptions.)
"to sell" would be correct. You sell your car and made a sale.:)
It prohibited the manufacture, sale, and transportation of alcohol.
The income from bonds is taxed, unless the bonds are exempt from federal tax (municipal bonds) and/or state tax (varies by state). If there is gain on the sale of a bond (you receive more than you originally paid for it), the gain is taxable.
Yes, of course.
Yes
Yes, but exactly how depends on how the asset is held, whcih depends and involves many things, like how the gain on sale will be taxed.
YES
Items that you buy are taxed on the actual amount that you paid for them.
Gain
(in the US) Tea IS taxed along with most all other items offered for sale at retail. (and NO! Tea is NOT considered a food - therefore it IS taxed).yea tea is a food it is taxed
I have been taxed on full sale price of property I have owned for 9yrs instead of the difference between the cost and sale. Can I recover any money that has been sent to irs?
They both decrease.
They both decrease.
Yes, you are subject to capital gains tax on the gain on the sale of your principal residence that exceeds the maximum exclusion ($250,000 if Single / $500,000 if Married Filing Joint.) The old rule allowed you to defer paying tax on a home sale by "buying up" and rolling the gain into the new residence. You do that by reducing the basis of the new residence. Note that the old rule was always intended as a deferral of tax, not a tax exclusion. Because you were allowed to defer tax on prior sales, the basis of your current residence is likely low. This results in a large gain on sale that, unfortunately, may put you over the maximum exclusion. Note, however, you will only be taxed on the portion of gain that exceeds the maximum exclusion. For example, if your gain is $600,000 and you file Married Filing Jointly, you will only be taxed on $100,000 of gain ($600,000 gain minus $500,000 exclusion.)