Thread: Britain INCREASES tax on ebooks
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Old 06-24-2010, 05:08 AM   #58
GeoffC
Chocolate Grasshopper ...
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Posts: 27,599
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Join Date: Mar 2008
Location: Scotland
Device: Muse HD , Cybook Gen3 , Pocketbook 302 (Black) , Nexus 10: wife has PW
If I were to buy a Picasso for £10m (say) and in 2 years time it appreciates to £15m, I have gained £5m.
However if, in that 2 years, it depreciates to £5m, then I have lost £5m.....

Why should I be penalised for my asset gaining in value when I would not be compensated for a loss ? ...
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