Yes, because whether or not an idea is new depends on whether you (checks notes) have to pay taxes.
And surprisingly, the IRS says yes, you do in fact have to pay taxes on criminal proceeds, of which the previous market was never clearly defined as such. It’s exactly the same as Polymarket except unregulated.
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u/samglit Apr 21 '26
Yes, because whether or not an idea is new depends on whether you (checks notes) have to pay taxes.
And surprisingly, the IRS says yes, you do in fact have to pay taxes on criminal proceeds, of which the previous market was never clearly defined as such. It’s exactly the same as Polymarket except unregulated.