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Senator Harry Reid seeks answers on tax treatment of American Gold EagleQuicklink Submitted By erik larson No comments
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| The IRS says if you're paid wages in American Eagles, you pay income tax on the face value ($50), not the gold value (over $900). Senior Senator Harry Reid, D-NV, won't take the IRS at their word and demands an explanation from them in writing, as to why they don't tax you on the gold value |
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