The tax advisor had just read the story of Cinderella to his four-year-old daughter for the first time. The little girl was fascinated by the story, especially the part where the pumpkin turns into a golden coach.
Suddenly she piped up, “Daddy, when the pumpkin turned into a golden coach, would that be classed as income or a long-term capital gain?”
- Cinderella For a Day! (bayareabrideguide.com)
- Royal Wedding: Throw a Princess Party (abcnews.go.com)