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csense | 18 days ago

Does the government get equity in the artist's work? If one of the recipients turns out to be the next Picasso, and makes say $1 million selling a painting (either as an NFT or a traditional art auction), does he have to give the $1 million to the government?

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hippich|18 days ago

State will tax it. And the tax amount from 1M is infinitely bigger than the tax from 0