No.<p>Gifts are taxed only if they are above $10,000. When you give money to your buddy to help pay for a meal, that isn&#x27;t taxed (money changed hands, didn&#x27;t it?).<p>Furthermore, there are lots of taxes out there that do not involve the movement of money. Property Taxes are when a municipality agent comes to your property, they make up a number that &quot;sounds right&quot;, and then start charging you for it.<p>Furthermore, you aren&#x27;t taxed when you buy or sell stocks or bonds. (Bernie Sanders wants to change that... cause he doesn&#x27;t know how bad of an idea that is). You only are taxed on your GAINS: dividends and capital gains.<p>If you buy a stock at $100, then sell it for $110, you are taxed 15% on $10. Not on the $100 or $110 individual transactions. (In contrast, the Financial Trade tax Bernie proposes would be a tax on both the $100 AND $110 transactions)