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This is false. Barter is taxed. Of course it has to be, otherwise why would anyone choose to pay in dollars and be taxed?
by modeless 4y ago
This is false. Barter is taxed. Of course it has to be, otherwise why would anyone choose to pay in dollars and be taxed?
- vkreso 4y agoBoth parties need to have a specific good or service the other wants for barter to be successful. Money, however, can serve as a medium of exchange eliminating that problem thereby being useful enough to let yourself get taxed for its use.