Comments on: Uncompressed Episode 41 http://uncompressed.org/2006/12/12/uncompressed-episode-41/ Each week Tony and Thom bring you the latest insights into technology, video games, movies, computers, and geek life! Fri, 21 Nov 2008 05:48:26 +0000 http://wordpress.org/?v=2.5.1 By: Sean http://uncompressed.org/2006/12/12/uncompressed-episode-41/#comment-4174 Sean Fri, 15 Dec 2006 03:28:30 +0000 http://uncompressed.org/2006/12/12/uncompressed-episode-41/#comment-4174 Thanks for the link Nation. I have always been intrigued by how some folks can actually make a pretty penny in the virtual world. I just downloaded Second Life, maybe in tis life I will be able to worry about capital gains :) Thom - That link is awesome, I have an old guitar that lying around that I can try this out on. I just ordered a wireless GH controller, but I think this is the only way I will be able to beat Free Bird on expert :P Thanks for the link Nation. I have always been intrigued by how some folks can actually make a pretty penny in the virtual world. I just downloaded Second Life, maybe in tis life I will be able to worry about capital gains :)

Thom - That link is awesome, I have an old guitar that lying around that I can try this out on. I just ordered a wireless GH controller, but I think this is the only way I will be able to beat Free Bird on expert :P

]]> By: ThomW http://uncompressed.org/2006/12/12/uncompressed-episode-41/#comment-4161 ThomW Thu, 14 Dec 2006 19:42:49 +0000 http://uncompressed.org/2006/12/12/uncompressed-episode-41/#comment-4161 Here's that article I was talking about on the show to turn a real guitar into a Guitar Hero controller: http://toolmonger.com/2006/12/05/how-to-build-your-own-custom-full-sized-wireless-guitar-hero-controller/ Here’s that article I was talking about on the show to turn a real guitar into a Guitar Hero controller:

http://toolmonger.com/2006/12/05/how-to-build-your-own-custom-full-sized-wireless-guitar-hero-controller/

]]> By: Nation http://uncompressed.org/2006/12/12/uncompressed-episode-41/#comment-4121 Nation Wed, 13 Dec 2006 19:10:12 +0000 http://uncompressed.org/2006/12/12/uncompressed-episode-41/#comment-4121 http://secondlife.reuters.com/stories/2006/12/04/details-emerge-on-us-virtual-world-tax-probe/ 2nd life is a big reason that politicians are already looking at taxing money "made" in virtual worlds. I expect the best deal for gamers or people who want to make a living in online worlds is to treat is like capitol gains. Basically take what you take an equation like this: Money out of the system - money into the system (fees, hardware if you are a company, and/or any money you put into the system) = profits Then the tax will be a percent of the profits. It is simple both if you were an individual or a company “making money” in a virtual world. http://secondlife.reuters.com/stories/2006/12/04/details-emerge-on-us-virtual-world-tax-probe/

2nd life is a big reason that politicians are already looking at taxing money “made” in virtual worlds.

I expect the best deal for gamers or people who want to make a living in online worlds is to treat is like capitol gains. Basically take what you take an equation like this:

Money out of the system - money into the system (fees, hardware if you are a company, and/or any money you put into the system) = profits

Then the tax will be a percent of the profits. It is simple both if you were an individual or a company “making money” in a virtual world.

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