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Налоговый кодекс США не предполагает никаких налогов на первые полмиллиона капитала, полученные за счет операций с основной резиденцией физического лица. Таким образом, если вы купили себе новую жилую недвижимость за миллион долларов и продали затем за полтора или меньше, никакие налоги вы платить не должны. С другой стороны, если вы продали это жилье за 1,6 миллиона долларов, то ваша прибыль подлежит налогообложению, ведь доход в такой ситуации составил 600 тысяч долларов, и если принять ставку налога равной 25 процентам, то вы должны государству 25 тысяч долларов, так как вы на 100 тысяч превысили необлагаемый налогами максимум.
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Кстати, этот парадокс лег в основу знаменитой статьи Джорджа Акерлофа «Рынок “лимонов”: неопределенность качества и рыночный механизм», которая была опубликована в 1970-х годах.
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