/biz/ - Business & Finance

Nothing you can do about it anyways goy

nobody ever told you to pay taxes, you never signed anything that said you agreed to pay taxes, you never consented to becoming a 'tax paying citizen' of the land you were born in

>>10444138
>How the fuck isn’t taxation theft?
it is

>>10444138
>implyinf for even a second that taxation isn't theft to begin with
Tax and toll roads man. Tax and toll roads.

>taxman takes 37%-70% depending on your income
>perfectly fine with it as it funds all education for every citizen, healthcare, public pension, welfare, and a fuckton more

Because if there was no tax you would receive 11.1k less. The only difference would be that your employer would get the money instead of the government.

>>10444138
Because it doesn't belong to you, it belongs to society.

>>10444138
Your employer is doing it for the benefit of being a business. Find one who is not incorporated and does not pay taxes. I'm sure someone with your skills will have no problem.

How much do we have to pay on crypto gains and how can we avoid it?

>>10444241
No corporate taxea means inflation would decline making things more affordable and thus having a better standard of life with $38k than $49k

>>10444220
Then go buy a horse and move yourself around in the wilderness. If you dont wanna pay for it then get the fuck out of those infrastructures. They cost tens of millions of dollars

welcome to murica. crypto is your way out of this fucking shithole. buy and hodl for 1 year and sell to get a much lower tax rate on profits.

>>10444138
lol. now imagine if you make £2 million. The govt takes £1 million.

>>10444222
You’re perfectly fine with it because you’re a net receiver of tax money or only a small net contributor. If you were making $300k+ a year in Denmark then you probably wouldn’t feel perfectly fine with it.

t. high income Dane looking to move asap

>>10444356
You have a duty to contribute back to the state what they spent on you growing up.

>>10444304
>receive 100.000 EUR in bonus
>government takes 65K from me
>government takes another 35K my boss
This shit is so fucking ridiculous. 35K netto vs. 95K in taxes. Moreover, because it's above the "social threshold" you don't receive any pension rights on it either, so the money disappears into the black hole of solidarity.

It's funny how fast your political opinion can shift from "we must help the poor" to "we could grind up the poor and use them as cheap cat food filler".

>>10444356
We like to call fine fellows such as that: "leeches"

>>10444398
Did not calculate that correctly... Oh well

>>10444356
i thought danes rank highest in the world in terms of the Happiness index?

>>10444222
Thanks just bought 100k passports

Europeans seem to get more bang for their buck. In leafland I can't help but think we get fucked in the ass.

>>10444390
I’ve literally paid hundreds of thousands of dollars in tax and have created jobs in Denmark. I have contributed more to the state during the past 5 years than most people will contribute in their entire life. I don’t owe the state anything.
>>10444402
Yep. Being a lazy leech is the national sport of Denmark.

>>10444549
Yah, in that case you're good to go.

Have fun wherever you move to, and godspeed.

>>10444138
>$49k
>Measley

Fuck the middle class

>>10444277
Typically capital gains rates and selling via face to face cash transactions.

>>10444443
Financial equility increases average happiness because of the decreasing marginal utility of wealth. However, that doesn’t mean that taxing the biggest contributors to society at 60%+ is fair or that it maximizes the long term welfare of society. Also, most Danes have low expectations of life/don’t dare to dream big and are content with wagecucking for the state for 50k/year.

>>10444277
short term is the same rate as your normal paycheck, long term 15%

>>10444443

paying 42 procent here, seriously getting fucked over, would end up with more or less the same if i worked fewer hours due to being in a different bracket...

>>10444398
It’s not the poor dumbo governments are all thugs and thieves just given legitimacy.

>>10444534
We do 8 cents on the dollar goes to the city government but yet the city govt seems to do more for me than the federal.
It's because the federal govt just throws money at retarded Atlantic provinces (and quebec) so they can stay retarded.
I have lived all over this country but the Fed govt is a cancer.

>>10444222
>it's okay to steal from productive people and give it to parasites because reasons
stop

>>10444138
Be thankful you don't live in my shithole.

>>10444138
Lol what shitty country is that
I earn 75K and taxman only takes 15K

>>10445610
Hello Australia!

>>10444755
oh fuck i just realised. kmn

>>10445610
In Canada we only get 11k tax free

>>10445613
based 3rd worlder

>>10444222
>travel to Denmark/Germany for free college
>learn a language, decent degree, interesting experiences
>fuck off to Dubai after graduating and make huge money with no taxes

Thanks Jens

>>10444398
>huge chunk of remaining money goes to rent/mortgage which is simply money that the banks created out of thin air
>being this cucked

>tfw my tax money goes towards feeding litters of niglets and arming middle eastern killsquads but the government can't even do the bare minimum of giving me a gf

>>10444138
>not optimizing
>not abusing loopholes

>tfw make 60k a year with no dependants at 22

My fucking taxes are retardedly high. I got a job offer that pays 10 dollars more an hour but due to taxes I'd only gain like a couple hundred more a month. There is no incentive to go up in America.

>>10444196
You did the day you got your government ID you retard
No one is stopping you from renouncing your citizenship and moving abroad but guess what you dont have the stones to do that

>>10444277
cash out in person in cash
>inb4 buying cryptos you are cashing in anyways

>>10445594
>hurr durr 100% pure capitalism let the poors die

>>10444138
Flat tax system bois?

>>10444138
>How the fuck isn’t taxation theft?
its an obligation you took in your social contract
but i do feel the same

>Go to moon
>Lose millions
>Never go back

>>10444138
do you really think you own your money?
LOL

>>10444289
maybe 5% of taxes go to roads/infrastructure, faggot

>>10444138
>How the fuck isn’t taxation theft?
Says every teenager the first time they get their paycheck.

>>10447044
I once got a really big raise, but it bumped me into the higher tax bracket, and I took home less money each month. Really fucking sucked.

>>10447137
>the IRS doesn't chase you all around the globe even after renouncing citizenship

>>10447137
>No one is stopping you from renouncing your citizenship and moving abroad

Every patch of land on earth has been claimed by one nation or another.

>>10447044
You're retarded. If you're making 10 dollars more an hour you're still making ~20k a year more. Even with taxes taken out, you'd still net >1k a month.

>>10448117
Also fucking dumb. This is not how progressive taxation works.
>>10448067
This guy gets it.

>>10444196
Consent isn't required, child. It's not a contract, it's a levy imposed by laws. As a citizen, you agree to follow the laws, to retain your citizenship, and by extension, your freedom, by not being jailed for not following the laws.
Don't like the laws? Get elected, and change the laws, or leave. You won't find many countries that are better. Taxes have existed in one form or another since 3000 BC, in Egypt.

And, if taxes were done away with, the government has plenty of ways to fund their needs, like tariffs, or simply taking thing, like nationalizing an industry, to take it's profits. Happens a lot in socialist countries, like in South America. Go see how that works out for them.
I'm not saying the system works, especially in the US - the whole thing needs an overhaul, and the entire government put on a stricter budget. But there will never be a world you'll live in, where you don't pay taxes one way or another - they'll either get it off your paycheck, or they'll just slap taxes on your purchases.

Don't like it, again, leave, or change it.

>>10448151
came here to say this

>>10448151
Wanna bet on that?

try straya

>taxman gets 40% of ur income if you earn below 400k
>calls crypto chuck E cheese tokens
laughs at u, makes it hard to trade, cucks Australian exchanges, banks stop giving liquidity to exchanges etc
>right after bullrun oy vey goy, you gotta pay 50% taxes if you didn;t hold ur investment for 1 year and 40 if you did, also we will tax ur income alongside your earnings making it effectively 50% tax if you make minimun wage

Will the taxes I pay with crypto go towards developing better infracstructure for crypto or at least something related?
NOPE

They literally spend a couple million to hire crypto specialist for the taxation office so they can chase anyone making money and not paying tribute to (((((them))))

if you own a company, not a small company an actual massive one, you can deduct all investments and your own pay from the profits, ceo pay themselves dozens of millions and deduct that LMAO.

>>10444304
That sounds like one of those problems you want to have.

>>10448241
>banks freezing accounts connected to cryptos
It's like Australia wants to lose control over its own financial system

You do realize you can buy and sell crypto for cash, r-right? Or is cash banned too?

>>10448151
>assuming US is the only nation-state on earth and everyone on the internets is US citizen

>>10444222
Cuck

Here in Canada people work 6 months and go on ei for the rest. That's how it is in the mines for heavy machine operators. I do it and work for cash at home while collecting ei. Duck niggers!

>>10448228
>As a citizen, you agree to follow the laws

When did I agree to that? I was born here. Nobody ever asked me "do you agree to be a subject to these laws?". No, they pointed a gun at me and said "pay up". So I did, because I didn't want to die.

They also made me sign the dotted line that said "you can be forced into military service to die for our geopolitical goals", if I wanted to ever take out a loan, get healthcare, or work for a public agency.

>or leave

Or we can just start removing statist authoritarians like you by force, then enjoy working the land as god intended. This falls within the boundaries of self-defense, because you are attempting to take from me and mine, and limiting my ability to thrive and provide for them.

You're worse than a mugger, you're an apologist for them. True slime.

>>10449586
Go blow up a government building or something
Protip: There's reason nation-states are the dominant form of societal organization

>>10444138
>spoiled little bitch can't handle loosing some cash off top for getting to live in an industrialized 1st world nation with high speed internet, ect.
>Other retards validate him by calling taxation "theft"

I'm all for freedom, but not paying your share to society is retard tier. Where it all goes wrong is how it is spent, now how it's collected. And yes, if it was spent CORRECTLY, we might not have to take so much away in the first place... but that's another discussion.

>>10447137
>you dont have the stones to do that
But you're talking to Americans. I thought speaking to stone quantity was quite large because of all the burgers

>>10444138
but you use 11k in roads though

>>10444138
you realize 50k/year is really good right? most people make less than 30k. stop bitching.

>>10449775
>not how it's collected
Actually collection is where we can make big strides https://falkvinge.net/2017/03/01/a-simplified-taxless-state-a-proposal-part-1/

>>10444138
It is but you can't do shit about it.

>>10444138
I make more but am by no means rich. My taxes are only 5k less than your income.

I make just over 50K a year and it's really annyoing, I agree.

I'm netting 10k a year after expenses and it could literally be double if I wasn't paying to glass the desert and feed some dumbshit's 12 children

>>10446930
You are welcome I hope you appreciate it and give back some day.
-Jonas

>>10449937
He's probably just going to spend it on Filipina women.

>>10449586
Things made more sense under feudalism because then the connection between taxes and rent was clearer.

Republicanism screwed this up by propagandizing self-ownership, individualism, and the fantasy of the independent rustic gentleman, but in reality the state simply became a plutocratic oligarchy disguised as a sort of minimalist co-op. The flaws in managing co-ops reared its head and the mythos has gradually been shed for practical reasons.

Individuals don't exist prior to society.
You don't own your self.
The land isn't yours.
You own nothing because you can't defend it. You merely have a privileges granted by the state.
Taxes are rent paid to property owner (the state)
The modern state generally, and particularly America, is a dysfunctional, strange co-op system with late-protestant/masonic theology to legitimate it.
The contradiction between the practical necessity of the state acting like a prudent manager of property and the fantasy that the modern state is predicated on creates endless ideological battles.

The solution will be the return of sane government and sane legitimation: divine right monarchy.

>>10444222
parasite detected

>>10444222
absolute shit quality healthcare & education. in a free market we would have 10x better quality shit for 10% countries GDP

>>10447137
No one is even close to starving in Denmark unless they’re drug addicts. NEETs literally get enough money to go on vacation even if they have a valid reason why they don’t work. Being against 60%+ taxation on productive citizens is not the same as wanting poor people to starve you absolute brainlet.

>doesn't know about loopholes, business expenses, capital investments, etc.
Oh wait, what am I talking about, you are a wagie lol

>>10447137
>let the poors die
if you die under capitalism because of a lack of food you're simply mentally handicapped, no other way, any simple job will give you food.
And even without a job there's plenty of charities helping poor people.

>>10444222

white genocide aint free

Don't worry the Blue Wave will lower taxes for American citizens and allow anyone to vote. Err I mean illegal aliens.

>max 401k, ira
>take capital loss at the end of year
>pay an effective 15% tax rate on $70k income

problem europoors?

>>10444138
NEET master race.

>>10450760
>Muh 12 million illegals make a difference in the balot.
>Muh 3.68% of population have power to overthrow the guv

retard

>>10450359
oh because US has top notch education lmao

>>10444138
>Make $82,000 last year as sole proprietor
>Write off rent, utilities, clothes, gas, vehicle miles, my business supplies (only like 8% of my pay), and whatever else pops up
>Owe no state taxes (in California) and only owe fed $1300 for self employment tax
>Shitpost on here half the year/day

Feels good man. I truly know the meaning of making it - answering to no one and doing whatever the fuck you want. At this point a corp would have to pay me in excess of $130,00 a year to leave this life.

Feeeeeeeeels real nice.

>>10450863
amazing how 3.8% of a population can dwindle 60% of "free" resources, I mean gibs, eh?

>>10444356
I'll trade you my 50k a year for your 300k a year. Just think of all the taxes you can save!

>>10444138
$49K isn't measly.

>>10450922
>sole proprietor
Business owner here, I feel ya, and I wouldn't trade away that feeling for anything in the world.
That's the thing all wagies are missing out on - only enterprise will give you permanent income stream, even better if its a passive one. Crypto and trading is a meme, unless you are trading volume and learned it to a level of a professional, but we are on /biz/ so what am I saying.

>>10450863
They're not sending their best folks.

>>10450935
>immigrant comes in the country starving
>buy food from wallmart to feed
>wallmart profits

>immigrant needs a house to live in
>government now has an excuse to extort tax off you

Immigrants are encouraged consumers by your government. If anyone is to blame for your illegal immigration crisis, it's the government that willingly and blindly lets the illegals in, why? Because it makes them money.

>>10448241
>They literally spend a couple million to hire crypto specialist for the taxation office so they can chase anyone making money and not paying tribute to (((((them))))
Same in Finland, then they constantly write fearmongering articles threatening crypto investors to pay their taxes or else

>>10444138
>Be me
>Make $500k in crypto
>Move to Argentina
>Come back to America after ten years
>"You owe $200k in taxes"
>"Fuck you."
>Move back
>No one cares

Protip: Move out of the country

>>10445854
nice larp its 26k

>>10450295
real shit

>Be me
>Live in euro
> I know that social wellfare will take care of me, so I barely have to give 100% in anything I Do.
>Be lazy as fk at work see mangers complaning
>Need raise? Call union!
> ez liffe. no need to worry about retirment knowing that i will be getting $2.3k euros every month.
>Planning to move to Thailand and enjoy.

>>10444460
kek

>>10451940
No it's not

Let me take a glance of the weekly check I received today

$1193 net
$928 received

Eh Im fine with spreading the wealth

>>10451550
>Fucking Argentina.
How's that working for ya? :^)

>>10444782
Any way you can claim deductions?

Taxation is theft. Life isn't fair. The amount of wealth that exists today is unprecedented, you should honestly be glad you're able to keep any amount of your paycheck, it could easily be much worse. We're unfortunately no longer in the good old days when tax collectors were in constant fear for their life, because they actually had to show up and face the people they stole from.

But hey at least we have weed and free porn now, totally worth it.

>>10450359
>american education
>american healthcare

>>10453205

>he thinks his euro pension system is going to survice achmedocolypse

Have fun buying a cup of coffee with your monthly stipend when your currency hits venezuelen tier inflation because you imported millions of venezuelen tier people.

>>10454751
All of this happened because of modern technology. Technology is a double edged sword. It improves our lives but makes the government vastly more powerful.

>>10444443
If you want to measure the happiness of the average, sure.

Average person gets back more than they put in, of course they're happy.

Look at the people on top spending 70% of their working life so the average Chad can have three kids.

>>10444138
Sell drugs
No tax bro

>>10444138
>Make 49k a year, using government maintained roads to get there
>Also use government maintained law enforcement to deter people from robbing or murdering me
>Also use government maintained hospitals
>And government maintained public spaces
>Was educated with government maintained schools because can't afford private schooling
>And even more stuff that the government pays for so that I can go to my job and live my life safely
>OH MY GOD WHY DO I HAVE TO CONTRIBUTE FOR MY USAGE OF THESE THINGS THAT THEY PAY FOR AND MAINTAIN!
You're a selfish retard is why it's not theft.

>>10456485
>>Was educated with government maintained schools because can't afford private schooling
No one would spend the $200k or whatever it costs to go through 13 years of education if they weren't forced to pay taxes. Government spending is an abomination.

>tfw only make $7k/year