It is not hard to keep documentation.
I am still old school,when I sell anything I write out an invoice with the customers name and ph#,,Item and price,and send a copy with the goods when mailing.and keep a copy.When buying I always ask for receipt to claim against tax owed when buisness related.

How do we prove there is no gain on personal items 20-50 years old with no receipts?

Is it groundhog day?

Short answer "yes".

But the real question is did I make any money?

Maybe, but the government doesn't care. They need to redistribute wealth. Your neighbors approved this program. You may have too.

Next coming….1099 on your overpaid tax return!

I opened a bank account today just so I wouldn't be charged $5 for cashing a check. The gal asked me if the person who wrote the check I was cashing withheld taxes. ?????? I told her the Govt doesn't need to know.

I didn't.

Inflation is insidious and the gubbemint knows it and is responsible for it. They also know the average Joe doesn't understand it. The average Joe thinks they made a profit if they buy a gun 30 years ago and sell it for 2x. The reality is they lost money in real terms and really lost money when uncle taxes the 25 percent.

Where is the wealth being redistributed too.

Sounds like that’s not all you opened

I'm fearful that youre right.

Need a lot of money to fund proxy wars. Sophisticated weapons are expensive to make; especially when you give them away for free; and run out.

I think the powers that be think they can break the Bear this time by outspending them again; like they did in the Reagan years with Star Wars. I don't think the Bear has positioned itself in the same way as last time.

Mostly the wealthiest demographic in the U.S. The retired people.

Are proxy wars more expensive than non proxy wars. Both sides are under the thumb of the MIC.

I honestly don’t know which one is more expensive in the long run Steven.