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	<title>Comments on: Making the Local Economy Resilient in 2009</title>
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	<link>http://www.kevinkoym.com/blog/2008/12/26/making-the-local-economy-resilient-in-2009/</link>
	<description>Entrepreneurship as life's path</description>
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		<title>By: Linux Economic Model or Penguin Power to say NO &#124; Austin Gunter Online</title>
		<link>http://www.kevinkoym.com/blog/2008/12/26/making-the-local-economy-resilient-in-2009/comment-page-1/#comment-30746</link>
		<dc:creator>Linux Economic Model or Penguin Power to say NO &#124; Austin Gunter Online</dc:creator>
		<pubDate>Tue, 06 Sep 2011 20:56:45 +0000</pubDate>
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		<description>[...] is very important when I think about the work we&#8217;re doing at Tech Ranch.  Kevin will be able to cite some very specific sources to describe why lowering the barriers to [...]</description>
		<content:encoded><![CDATA[<p>[...] is very important when I think about the work we&#8217;re doing at Tech Ranch.  Kevin will be able to cite some very specific sources to describe why lowering the barriers to [...]</p>
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		<title>By: John</title>
		<link>http://www.kevinkoym.com/blog/2008/12/26/making-the-local-economy-resilient-in-2009/comment-page-1/#comment-30397</link>
		<dc:creator>John</dc:creator>
		<pubDate>Tue, 20 Jan 2009 00:36:58 +0000</pubDate>
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		<description>An alternative currency has emerged in the online gaming world, in-game assets. The IRS already has given some thought about collecting income tax from gamers that derive a real world income from selling online assets. There is a debate as to when to recognize the income, when the assets are &#039;earned&#039; or when they are transacted (earned income vs capital gains). Assigning values is something the IRS has already figured out, but they will let the tax payer make the first stumble by filing the return.</description>
		<content:encoded><![CDATA[<p>An alternative currency has emerged in the online gaming world, in-game assets. The IRS already has given some thought about collecting income tax from gamers that derive a real world income from selling online assets. There is a debate as to when to recognize the income, when the assets are &#8216;earned&#8217; or when they are transacted (earned income vs capital gains). Assigning values is something the IRS has already figured out, but they will let the tax payer make the first stumble by filing the return.</p>
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