Quote:
Originally posted by Hank Chinaski
Or say if you are an up and coming politico, and some rich guys let you rob a futures market account to bribe you, and to set you up for a run at National office- would those illegal proceeds be taxed?
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This hypo sounds far-fetched, I am not sure it could ever happen irl. Isn't more likely that a first time investor could just get lucky and make outsized profits in a very short period in the complex world of the commodities markets, cash out on a high and then never trade in such instruments again? The latter seems more like the common fact pattern to me.