Mudcat Café message #3240570

The Mudcat Café ^TM
Thread #140853 Message #3240570
Posted By: Bee-dubya-ell
17-Oct-11 - 09:45 PM
Thread Name: BS: 9-9-9 This, Mr. Cain!!!
Subject: RE: BS: 9-9-9 This, Mr. Cain!!!

So a painting worth several million dollars is tax exempt because it's used while a $12.95 print of the same painting is taxable because it's new. Makes a lot of sense to me.