[ARC5] IRS Goes After Ebayers- Hamfest Leverage??

[jcoward5452 at aol.com]

I was a taxpayer in '67 and have been before and since.Yes I am in the 
business of paying for my government and all their assets.That makes me 
a part owner  and constant investor. in the government of the United 
States and also a part owner in all the other governments and their 
assets to which the US invests (gives) money to.And so is every other 
taxpayer in the US.Makes me feel real rich! and sick to my stomach too.
 Jay

-----Original Message-----
From: neilba at clear.net.nz
To: ARC5 at mailman.qth.net
Sent: Sun, 25 Feb 2007 4:10 PM
Subject: Re: [ARC5] IRS Goes After Ebayers- Hamfest Leverage??

From: <jcoward5452 at aol.com> 
 
Sent: Monday, February 26, 2007 12:39 PM 
 
>If I inflate the government's cost of my '67 EAC R-390A to today's 
 >dollars and sell the radio for say $500 do I then get to claim the 
loss? 
>Jay 
 
Only if you were running a business in '67, bought the radio as 
an asset for resale, and are still operating the business today. 
Long time to have stock sitting on inventory though. 
 
73 de Neil ZL1ANM 
 
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