VitalAccurateThinking

Virtual Life, Real Money

I still don't get living a virtual life in the online community Second Life. And yet, millions are doing it and making money there. Since they are making money, the question is, is it taxable:

Congress has taken note and is completing a study of whether income in the virtual economy, such as from the sale of gowns that Brown makes, should be taxed by the Internal Revenue Service. The Joint Economic Committee of Congress is expected to issue its findings early next year.

You know what? I don't really care. If they people spending time in Second Life worked as hard on their first life, they would not need a Second Life.

posted by Jim VAT @ 8:19 AM