Wednesday, March 14, 2007

Tax Quandary

In the future, when there's a market for body parts, what will the tax consequences be?

Say you sell your kidney for 200 big ones. Is that 200,000 of income? What about the loss - namely your kidney? Maybe it's just a wash for tax purposes?

There's one sort-of-comparable situation right now, but I don't know the answer to this question:

When women get paid for donating eggs,
Does the IRS take an arm and a leg?

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