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/biz/ - Business & Finance


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24257301 No.24257301 [Reply] [Original]

>even if I make 100k in crypto I'll still have to pay the government 33k

I'm never gonna make it. The system is rigged.

>> No.24257801
File: 239 KB, 1400x1700, 1603894628470.jpg [View same] [iqdb] [saucenao] [google]
24257801

>>24257301
I'm so tired bros
imagine making a million and cashing out just to have your jewish overlords threaten you to give them 30% of your gains

>> No.24258068

>>24257801
It's literally theft. I'm taking all the risk here.

>> No.24258118

i would rather send all my funds to an invalid address than pay tax on my crypto

>> No.24258576

>>24257301
Just cash out small amounts and use something like Celsius to earn money on your internet coins, cashing everything out is a meme and you will regret it.
And do not ever use a KYCed exchange like a fucking retard, if you did then you are already fucked.

>> No.24258673

>>24258118
Enjoy buttfuck me in the ass prison. Or death by firing squad if you're a third worlder

>> No.24258751

>>24258576
Anyone know whats the likelihood of getting fucked in my situation? I put money on coinbase, KYCd, but I only bought ETH and transferred it to metamask. Since then I've only traded on uniswap. What's the chances of them knowing about gains I made through uniswap/metamask only?

>> No.24258864

>>24258751
Want to know this too

>> No.24258961

>>24258751
forensically? they have the time, money, and tools to track every single transaction you have ever made.

realistically? youre not worth the time/effort. just dont transfer $1m in ETH back to cuckbase and try to send it to your bank.

>> No.24258990
File: 23 KB, 474x416, bigbrain.jpg [View same] [iqdb] [saucenao] [google]
24258990

>>24257301
>Make a new coin
>Rugpull yourself

>> No.24259012

>>24257801
>>24257301
>>24258068
you have produced nothing, spent your income outside of your country's economy (thus reducing GDP growth), and have profted of pure speculation rather than hard work

Pay your taxes, kike.

>> No.24259024

>>24258961
Coinbase could just give them the address he sent ETH to, then they would check all the transactions in an automated way.

>> No.24259052

Hopefully the Reserve team can deliver and RSV adoptions takes off. Decentralized money app you can send crypto to and buy things with without the government being able to track.

>> No.24259063

So other than localbitcoin and shit, what is the way to withdraw funds? Or could I just do little by little on Coinbase?

>> No.24259076

>>24257301
Watching everyone figure out that taxes are a thing has been hilarious. Guess what, you don't get a choice for the rest of your life, you have to pay taxes.

>> No.24259085

>>24259012
>Pay your taxes to kikes.
Fixed that for you

>> No.24259087

>>24257301
Country?

>> No.24259124

>>24259052
RSV isnt completely private like monero or something.

>> No.24259140

>>24259085
You pay your taxes to the state, and unless you're israeli, that money goes towards your fellow citizens.

>> No.24259143
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24259143

>>24259012
Silence kike, I do not wish to pay to feed a family of non-working niggers. I just want to be free...

>> No.24259146

Just buy some alts bro you will make it. get fiscus.fyi and pick up some iFUN on their presale! www.ifungible.network

>> No.24259190

>>24258576
Ok help me out (I know, I know)
Kyc:
Keep your crypto
Keep your coins
Keys your car
Kills your children
What it mean boys

>> No.24259201

>>24259140
Yes I'm so excited about giving my money to a Zionist controlled state who are importing tens of millions of 3rd worlders and displacing my own people within their homeland

>> No.24259219

>>24257301
Shut your mouth. Wear the mask. Pay your taxes. Stay at home. Consum. Only watch mainstream media.

>> No.24259248

>>24259190
http://letmegooglethat.com/?q=kyc

>> No.24259268

>>24259201
What? You don't like diversity? Cool it with this AnTi-SeMiTiSm

>> No.24259304

>>24259248
I shall diminish and go into the west
I thought it was some autistic internet term
When did everyone here get business degrees

>> No.24259382
File: 61 KB, 888x894, EShqj_rXgAApWq8.jpg [View same] [iqdb] [saucenao] [google]
24259382

>>24259012
I've taken my own money, and took my own risk speculating on an asset that it exists everywhere and nowhere at the same time, using a decentralized exchange, and the government wants 1/3 of it. What does my government give back to me? Decrepit infastructure, no healthcare, no welfare, no public transportation, no job opportunities near me, etc. Infact they tax me on basically everything. I'm supposed to surrender greater than 1/3 of my wealth to the government simply for existing in this region? Meanwhile they take the majority of the money they confiscated from me and give it to the scum of society. The bottom of the barrel dregs. Because those people are utterly useless and can't put a condom on. They continuously spit out new useless children that should've been aborted, and receive welfare as a result of it. They also eat up another portion of my taxes because they live on the GIBS program, and buy copious amounts of cigarettes and alcohol.
Fuck niggers, fuck illegal immigrants, fuck criminals, fuck alcoholics, fuck homeless people, fuck trannies. I hope the great reset happens simply so the above will be sterilized, or better yet euthanized.

>> No.24259440
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24259440

>>24259219
>>24259076
>>24259268

>> No.24259445

>>24259304
go back

>> No.24259552

>>24259445
Absolutely not, 4 chan has been colonized. This is now my board. I claim it from the native savages in the name of God and King Richard. Now go smoke a peace pipe or something

>> No.24259620
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24259620

>>24259382
>I'm supposed to surrender greater than 1/3 of my wealth to the government simply for existing in this region?
Yes. Were it not for the government, you would exist in a state of nature, and niggers would plunder your linkies without restraint. It is the government that keeps the violent nature of man fettered. Without the state, we are nothing.

>> No.24259852

What's the best exchange without KYC? That burgers can access.

>> No.24259866

>>24259620
Kaczynski was correct. Technology is slavery

>> No.24259929

>>24259620
>niggers would plunder your linkies without restraint.
Niggers are only a problem because of the government. If there was no government, mark my words, within a decade niggers would learn their place.

>> No.24259935

Just don't pay taxes, it's not hard ffs. Who the fuck is going to find out? You lost your crypto in a scam accident (cash out to Monero, Monero to a new ETH address and retake your positions from there)
Claim you bought $LUIGI or whatever, delink your identity to your crypto and start living. If you go out of your way to pay tax you're not only a cuck, you're also directly funding the enemies of freedom.

>> No.24259992

>>24257301
Now you know what 99% of adults on the planet deal with every single paycheck. Taxes aren't unique to crypto traders, and no one is giving you sympathy when that's literally the exact same or less than literally every working adult pays every single fucking week

>> No.24260018

>>24257301
>>24257801
Even 20k is life changing money. You can make an insane business with it. But anyways, look into why crypto guys live in Vietnam or Thailand.

>> No.24260077

>>24257301
make 100k, find a x2-5 and repeat until taxes are irrelevant

>> No.24260092

>>24259866
Low IQ take. Government is slavery, tech is freedom from obsolescence. That tech you're talking about is tech instrumentalized by government to improve their slave trade, but two can play that game, you can use other tech to remove your trace.
Kaczynski reminds me of Stallman: intelligent people, but autistic takes and opinions out of their field of expertise they will defend to death.

>> No.24260101

>>24257301
It’s awful. I made a modest 75k off the sale of the company I work for this year, and the government took off 25k before it even hit my bank account.

>> No.24260122

>>24259620
without the government niggers wouldve been dealt with long ago

>> No.24260139

>>24257301
This AND hear from boomers who never bought a single stock in their life because muh fear that you're a leech.

>> No.24260178

>>24258576
>And do not ever use a KYCed exchange

What are those that don’t ask for your documents?
Huobi set a limit for withdrawal if you’re unverified

>> No.24260182

jeeez just open account on malta or estonia for few k and you can cash it out paying 1%
Same money can not be double taxed in EU so you good

>> No.24260193

>>24260018
You think the people here are smart or motivated enough to make a profitable business, lol? Everyone here expects to make all the money they need for their entire life within a year of investing their neetbux into crypto. Yes, you can make 2x roi's with 20-30% profit margins (after expenses, taxes, etc) month over month just by copying successful, low barrier to entry business models. But they won't, because that actually involves effort and skill

>> No.24260202

>>24260101
a ludicrous amount
such high figures should be unthinkable in the usa but the country was deliberately killed

>> No.24260220

>>24257301
Just pay the taxes you still got 67k for playing with internet money

>> No.24260266

>>24257301
That’s worse then Canada. Here we pay 50% capital gains tax so only 50k for around 15k tax

>> No.24260294

>>24259382
don't forget that if you are a male in america your government wasn't smart enough to protect your from genital mutilation the day you were born.

>> No.24260353

>>24259620
the government literally allows the shitskins to run wild and be degenerates even while we have a police force and massive prison population.

>> No.24260390

>>24259382
Based to the nth degree

>> No.24260451
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24260451

>>24257301

but you made 77k by just sitting on your ass

what are you complaining about?

>> No.24260522

>>24257301
so fucking move then cash out
its not rocket science you dumb piece of shit

>> No.24260544

>>24259620
The same government that imported the niggers?

>> No.24260583

>>24259140
>millions in foreign aid to Israel every year
How is it going to my fellow citizens?

>> No.24260625
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24260625

Married neet here. Out of that 100k I would withdraw, thanks to being jobless, I am taxed at 0% filing jointly for up to 80k. Think I could manage the 15% tax on 20k over a year.

Just get married and have kids meme + NEET meme + Link -scam meme= literal earthly dominance and I learned it all from 4chan over the course of a decade and a half.

>> No.24260643

Wait a year and then withdraw for a shorter tax bill... or shut up

>> No.24260846

>>24259620
the government is everything that keeps the niggers alive today. Without the government, we'd be lynching all niggers and mudslimes.

>> No.24260930

>>24257301
Buy grayscale etf s in your ROTH or get a self directed IRA.

>> No.24260950

>>24260643
>hodling crypto for a year hoping it doesnt dump
not ideal senpai

>> No.24260987

>>24257801
>30% on a million

Wouldn't it be 50%? Making more than 400k puts you in the tax rape dungeon.

>> No.24261078

>>24260950
aren't there some stable coins that will increase/decrease the amount you hold based on price fluctuations?

>> No.24261119

>>24257301
Live else where :D

>> No.24261154

>>24257301
Now the faggot joe is prez they gonna raise taxes on capital gains

Thanks homos

>> No.24261164

>>24260987
If you make more than $ 1millon on cryptos currency you owe the govt 80% of your gains actually, new law.

>> No.24261171

>>24261078
Crypto to crypto is taxed too.

>> No.24261214
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24261214

>>24260987
I have a flat tax of 30% on cryptocurrencies in my country, no matter what I'm fucked

>> No.24261220

>>24257801
>make 1 million
>500k after taxes
Hahahahahahaha amerimutts lmao

>> No.24261226

>>24261171
lel, just buy ether, send it to another exchange, buy xmr, send to third exchange, and then trade there without kyc.

>> No.24261230

>>24259024
Yeah I figure that's the possibility. I probably won't be risking it because in 5 years when this is mainstream I'm sure they'll have everything set up to very easily check all this. Fuck this shit and fuck Biden for trying to raises CG tax to 40% that old slimy bastard. This country is truly fucked

>> No.24261264
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24261264

>enter thread hoping for some useful tax tips
>it's just ironic pro tax shills arguing against ironic anti tax shills

>> No.24261335

>>24261214
Imagine paying more than 10% lmao.
That goes straight to Tyrone's welfare hahahahahaha

>> No.24261429

>>24261264
>Everyone with an opinion is an "ironic shill"
Based animu tard

>> No.24261508

>>24261335
The worst thing is that you're right, my money is gonna go straight to Mamadou so he can feed his 30+ children that he had with 4 wives and then he'll buy a brand new car with the rest of HIS money
That's literally what some of them do

>> No.24261636

you're missing the part where you still have $66,000 you didn't have before

>> No.24261700

>>24260987
capital gains tax in austria is 27,5% :(

>> No.24261769

>>24259382
Based is a understatement.

>> No.24261781

If you’re a US citizen, you have to pay tax no matter your residence

>> No.24261800

>>24257301

Glowie here stfu anon and pay your taxes. How else are we supposed to build $200,000 bombs to drop on goat farmers with BB guns?

>> No.24261833

>>24261220
pretty sure euopoors take home even less

>> No.24261893

>>24259382
gonna make it

>> No.24261903

>>24260950
Exchanges will let you hold fiat, it's only taxable when you withdraw it

>> No.24261917

>>24257301
>get NEET bux and Abo bux from Canadian gov't
>invest some in Tax Free Savings Account trading stocks
>sacrifice the power to buy and sell options for 0% tax on all gains in Canadian TSX, and only 15% for other.

boys, I'm collecting a stipend for the next 9 years while I get a doctorate just fucking because. Lets hope this stupid country doesn't collapse while I'm abusing the same systems I despise.

>> No.24261918

Precisely why I'm happy that most of my 220 ETH is in long term capital gains right now

>> No.24261939

>>24261171
Really? In the UK capital gains tax is only on realised profits,

>> No.24261959

>>24260451
fucking asiatics posters. I hate all of you. You always post the gayest imaginable shit. And the most obnoxious opinions.

>> No.24262019

>wage slave and pay taxes on the money you save
>invest your savings
>pay taxes again when your investments increase in value
it's dumb, individual traders shouldn't get taxed

>> No.24262030
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24262030

>>24259140
>that money goes towards your fellow citizens.

>> No.24262084

>>24261903
selling into fiat is the taxable event, not moving it to your bank ya dummy

>> No.24262105

>>24259620
Imagine believing this

>> No.24262108

>>24262030
kek, saved

>> No.24262124

only cash out 40k and hold for over 1 year, then 0% capital gains

>> No.24262128

>>24258068
and did you use public roads during that time? did you go to school as a kid? do you benefit from the rule of law stopping chad from caving your fucking head in and taking your crypto gains? pay your taxes

>> No.24262180

>>24262124
>wait 12-25 years to withdraw all the money you need for a nice home

>> No.24262188

>>24261833
Westoids sure, Eastern Europe is based

>> No.24262215

>>24262180
>he doesn't know how buying houses works

>> No.24262221

>>24262180
or maybe create 25 accounts lmao

>> No.24262252

>>24261636
>t. BLM id

>> No.24262302

>>24262215
no, I never bought a house nor was I ever part of the process
>>24262252
more like BLMLoser ID

>> No.24262396

>>24259012
>>24259140
>>24259620
>>24262128
Do you faggots unironically believe most of your tax dollars go to infrastructure and public services?
Most of your tax dollars go to boomers vacations because of social security. unironically fuck social security, why should the poorest generation be paying to the richest generation. also we waste tons of money bombing random people in the middle east and we subsidize like literally every other country's defense budget. fuck the kikes in government, all they do is waste my money on shit and send it to (((defense companies)))

>> No.24262441

>>24262215
indeed
pull out 40k in december 2021 for downpayment
pull out 3.5k a month in 2022
2k goes toward mortgage.
this means you can buy a 300k home on a 0% capital gains budget.
if you want to go above that, its only 15% taxes as well.

>> No.24262444

>>24261636
>literally BLM lawyer cuck ID
>kiked statist response
sounds about right

>> No.24262519

I am never cashing out my crypto unless I really need it. fuck the government they are not getting any of my money.

>> No.24262566

>>24259140
most bluepilled post ive seen in a long while

>> No.24262594

>>24259140
German anon here. Can’t confirm

>> No.24262643

>>24257301
the key is to buy stuff with btc.... thats what it was made for.

>> No.24262752

>>24260987
In the US, you need to be within the highest income bracket. Capital gains are different from income

>> No.24262834

>>24262643
kek

>> No.24262857

>>24261939
crypto-to-crypto is taxable in the uk. it literally says on the hmrc website

>> No.24262860

>>24260625
The 100k is considered income, you will be taxed

>> No.24262879
File: 69 KB, 811x1182, 1604625979482.jpg [View same] [iqdb] [saucenao] [google]
24262879

>>24259382
Based.
>Paying taxes on crypto, imagine voluntarily letting the government know you own crypto.

>> No.24263020
File: 42 KB, 498x640, 0unou3Wl.jpg [View same] [iqdb] [saucenao] [google]
24263020

Your paying for the president's son to get high and post dick pics on the internet.

>> No.24263129

>>24259012
>take a risk and gain a profit
>entire profit is taxed
>take a risk and have a big loss
>can only deduct like 3,000 from income

>> No.24263180

>>24258576
This.
Don't cash out everything at once. You can make nearly 10% apy on stablecoins with interest bearing accounts from companies like Celsius, Blockfi, Nexo, etc.
Interest earnings should be what sustain your lifestyle anyway.

>> No.24263223

>>24263180
This, at the very least don't realize gains until after you've held for a year so you only have to pay long-term capital gains tax instead of short-term.

>> No.24263245

>>24262594
wanted to post this

>> No.24263286
File: 308 KB, 1080x2400, Screenshot_20201125-122730_Robinhood.jpg [View same] [iqdb] [saucenao] [google]
24263286

Just buy stock and hold 1 year for sweet 20% LTCGT

You pay your taxes AND get capped at 20%! Not your normal tax bracket!

>> No.24263313
File: 8 KB, 352x425, 1585772441553.png [View same] [iqdb] [saucenao] [google]
24263313

>>24259620
>the government is my God

>> No.24263386

How do you commit tax evasion?
I'm doing research for a documentry
i do not intend to tax evade
really, i would never

>> No.24263509

How do I check how much I made/lost on coinbase? Do i still have to report if I lost or if only made 1,000 or less in profit? NEET btw.

>> No.24263511

>>24259620
biz forgot that they are domesticated and protected by laws lol

>> No.24263527

>>24259382
it's true, all of it.

>> No.24263718

>>24263386
rent seekers are not worthy of tax evasion only minimization

>> No.24263737

>>24262302
it shows
>>24262441
first time buyers program in Canada I think we only need 5% down. Wild bruh.I can get a $800,000 house

>> No.24263781

>>24262128
> ...but who builds the roads anon?

>> No.24263863

>>24262128
>state forces you to attend mandatory school program that you have to pay for
>only state is allowed to build roads and infrastructure
>be thankful you benefited from the schooling and roads that the state made you pay for

>> No.24263904

>>24263863
post pic of yourself, I'm a giga-chad and I'll take your things. You left out the most important part of civilization.... the civil part.

>> No.24263951

>>24262128
Yeah dude how could i have ever have gotten by without shitty public schools, potholes and pice tanks.

I know its bait but you still got me.

>> No.24263959

>>24263904
leave aryans alone, and you have a racially homogenous, morally prosperous, and peaceful society.

>> No.24264008
File: 750 KB, 738x736, 1602960139303.png [View same] [iqdb] [saucenao] [google]
24264008

>>24259012
Kys immediately fucking kike

>> No.24264089

Do some people unironically believe they get $40,000 worth of services from the government each year? How fucking stupid are you?

>> No.24264098

>>24263959
Yeah sort of like vikings! Or the british. Lets be real, who REALLY was wants to belong to either of those groups

> but muh mjolnir, Id be a Thor tier viking
Lets be real youd die of a nut allergy and never see valhalla

> but muh shakespeare!
You're on 4chan. You were never going to be the literary genius of your time. Enjoy your blood pudding and passive aggression

>> No.24264125

>>24263180
i need to look into this
if XRP hits $2k my plan was to stake most of it on the Flare network and get paid in XRP but I would also like a safety storage that pays interest

>> No.24264129
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24264129

>>24259440

The old man who can barely speak who voted in favor of all the throw-blacks-in-prison legislation in the eighties and nineties with one dead son and another crackhead son who fucks the dead son's wife and daughter is a good leader and if you say otherwise you are a racist.

>> No.24264943
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24264943

>>24264129

>> No.24264973

>>24264089
the more assets you have, the more you benefit from preventing the rif raf from robbing you.
you are relatively safe because the national stage keeps criminals in check. look at CHAZ if you disagree

>> No.24265014

>>24257301
>I'll still have to pay the government 33k
only because you want to

>> No.24265092

I made my first 100k while im 22 yrs and my gov is not getting shit corrupt ass mofo's just dont withdraw it all at once and ur ok. Or ur from gay usa fb then your fucked

>> No.24265099

>>24264973
the government prevents the citizens from keeping criminals in check. That is because the government is itself filled with criminals.

>> No.24265170

>>24264973
how much does the government spend in law enforcement each year again compared to money spent on retarded shit like free money for boomers and (((defense contractors)))? and why does the government not let me own firearms without having to get jewed if they want to prevent criminals from robbing me?