/biz/ - Business & Finance

OHHHH SAY CAN YOU SEE

>>28986617
WAGIE IN CAGIE

>>28986569
>Imagine having to pay taxes because you are swinging a literal pajeet scam coin during crabbing hours

SAGE
>LUST PROVOKING IMAGE
>TIME WASTING STATEMENT
>1 POST BY THIS STUPID NIGGER

>>28986680
>seething american
Love to see it

>>28986569
>tfw living in a third world shithole
>pay 0% in capital gains tax

>>28986680
butthurt mutt

>>28986569
FUCK I DIDNT KNOW EH I'LL GO TO VIETNAM

>>28986569
doesnt half of europe literally have 50% income tax?

>>28986868
In my country everyone who is in that tax bracket has a shell company to deduct everything they buy as business expenses.

So in theory yes we have but no one actually pays that shit

Within our lifetimes this will go to supreme court for ruling. Simple - philosophically there is no grounds for a tax that applies when you are buying or selling something for USD - when the USD is not even a means of the transaction. In other words, how can you apply capital gains when you have not sold into the USD? If you sell LTC for BTC, then the tax is within the jurisdiction of BTC, and the US cannot tax a user on the behalf of BTC because the US does not own nor did it create BTC.

Anyway I have dual citizenship and will never pay these fucking kikes a single cent out of my crypto earnings.

>>28986569
most countries do. its an anti money laundering measure
>>28986680
keep it up. we need to stamp out the coomers from /biz/

inb4
>butthurt american
not even form the US

>>28986967
if you are a burger, you are kiked on no matter where you live. You have renounce your burger citizenship and pay an exit tax

>>28986967
>Within our lifetimes this will go to supreme court for ruling. Simple - philosophically there is no grounds for a tax that applies when you are buying or selling something for USD - when the USD is not even a means of the transaction. In other words, how can you apply capital gains when you have not sold into the USD? If you sell LTC for BTC, then the tax is within the jurisdiction of BTC, and the US cannot tax a user on the behalf of BTC because the US does not own nor did it create BTC.
Your reasoning is equally retarded, any country can tax whatever they want, regardless of the currency being used, if such was the case no one would use the dollar anymore to avoid paying taxes

>>28986569
Land of the goyim slave cattle.

I feel like the government actively wants to prevent people from getting rich, not sure why. You'd think it would be in their best interest if everybody HERE were rich.

>>28987855
goyim wont sit in offices or 85% of their life if they have 6-7 figures and making millions off stocks

>>28987855
Left wing wants you to be poor so that you get addicted to their gibs, and then you'll start voting for those gibs
Right wing wants you to be poor because they want your fucking money lmao
And both of them want you to be poor because that's the only way the government can get rid of the massive debt, by devaluing the currency

>>28986680

>>28986569
idk how i’m going to do my taxes this year bros. i get the capital gains but the crypto to crypto trade tax is pretty insane. do i have to pay taxes on my crypto to usd trades too?

"Land of the Free" lol those days are long gone. Nothing but a socialist shithole now.

>>28988745
yes, you probably won't be able to do it by yourself if you swing trade frequently

>>28986569
Wut? I'd have to pay for crypto in pasta land only after hitting 51k gains and bringing them in the bank. Technically if holding on physical wallets too, but they'd need a paper signed by a judge with a proper cause too, but good luck having someone wasting time for the burocracy needed.
And informal economy + hatred for taxes is a foundation of Italy
Online wallets don't count lol

>>28987726
Simple, just make trades that can't be tracked.

Can' t tax what you can't prove. We are getting close to the point where the US government is ineffectual AT BEST. So I also have very few ethical qualms with denying money from the Gov, when I, and most people live so modestly.

>>28986569
No SSN = No Tax
Learn how to fucking trade correctly.

>>28990338
>cant track me!
try buying anything of value. You will have to prove where the money came from

>>28989365
is it expensive to have someone do the taxes for me?

>>28991083
nah. Maybe a couple of hundred bucks max. Ask around

Damn what’s up with all these shekelsteins shitting on cryptos?

>>28986569
Soon coming to every Euro country as well.

Good thing I lost money on every trade

>>28986680
>nooooo the cooom pic is literally hurting me
fuck off then, click on wojak and pepe threads if it fits you better.

We already do this bullshit in the UK too.

>>28987855
Because if everybody is rich then nobody is poor. If everybody can afford everything then nobody can stand-out by owning something that is exclusive to majority.

That's the whole point. It all ends up to a group of attention whores who want to stand-out out of crowd and desperately seeking attention to the fact that they own something that others don't.

The society and the "world economy" solely exist to please the needs of attention whores. And when those attention whores status suddenly becomes more and more invalid as more and more people gaining access to "wealth" - that's when they kick in with retarded restrictions and regulations with one single purpose: to protect their attention-whoring game.

A perfect society where everyone can afford everything cannot exist. See communism and why did it fail. Even that there was a majority of communist supporters, there was a minority of attention whores, who wanted to have "more than everything".

Every single time something good happens to a lot of people at once, the minority immediately kicks in to stop it or to destroy it.

>>28990682
Is that true if you are not leaving crypto for 'Fiat'?

If we just killed USD, it wouldn't be a problem. But perhaps by that time, taxation would not be a problem, so good point.

>>28986680
based desu

fuck these degenerate coomers who haven't gotten 5 seconds without a hit of dopamine

>>28991805
if you want buy property or incorporate to shelter future gains, start a business, get a loan against it, etc You will need to show proof where you obtained the funds from.
If you made it, lets say $3-5 mill try contacting a private bank in the UK or Cayman Islands etc. You might be able to do this if you have a $1mill but i doubt it. They can guide you on how to shelter you gains from taxes however they will want a cut, as in, they will want to manage a portion of your money. Also, google Magic Circle firms

>>28986868
Literally no one that makes a lot of money does it through "income".

>>28991805
You can buy property exclusively with crypto, like, you can literally send XBT to a person and get a house (and get scammed in the process, of course, lol).

But that shit is still taxable. First, the tax has to be paid on purchase, and then, if they start digging up - you, as a buyer, will have to explain where you got those bitcoins from and if you were ever paying taxes on those, and then comes a huge-ass penalty for money laundering, with a possible imprisonment and confiscation of your purchased property.

>>28986569
Fuck really? My record keeping has been lac af. I promise to do better this year, IRS.

>>28986617
actually the IRS can't see my hypothetical obfuscated transactions that didn't happen because I lost my monero in a horrific boat trading accident where I sent them to the wrong address, never to be recovered.

>>28986569
How else are we going to afford drone strikes on brown people for their oil?

>>28993184
My Monero was eaten by a zk-snark in lake burner OS. Many such cases.

>>28986680
imagine not having a qt gf so you seethe when someone posts a hottie.
Also most nations now have a tax on crypto. It's treated as a stonk.

>>28986569
I don't think I would make it 30 seconds inside him

>>28992828
>where you got those bitcoins from
Neo airdropped them.

Fuck the IRS. Don't pay unconstitutional taxes on something they can't even trace. If you exchange hits you with a 1099 or the like, you should probably go ahead and pay the bribe unless you feel like going the Irwin Schiff route.

If they do by some crazy odds happen to figure you out and come to collect, just act apologetic and explain that you're a boomer that doesn't understand computer money.

Then figure out where you fucked up and how they figured it out and stop doing that. Go back to trading crypto and don't tell them about it because

FUCK
THE
IRS

>>28987855
No shit sherlock

>>28986569
>Doesn't know that I am the chairman of my own company in the Cayman Islands ;)

>>28993184
fuck yes lol i'll be putting on my best pink jack face when i meet my accountant

>>28986569
Any anons know how to bullshit the irs?

>>28990682
https://kycnot.me/
amazon gift cards. amazon sure as fuck doesn't care.

>>28993416
Dari is a wonderful girl. Don't be rude now ok ?

>mfw I buy and hold
>don't have to deal with a retarded tax nightmare next year

Have fun swingy

>>28990682
>Not having shadow accounts in chinese exchanges
>Not making your own private email to avoid them
>Not exclusively using uniswap and one inch when ETh goes out the window

>>28993967
>not swinging your gains between wallets and exchanges in order to fuck with taxes
You do know people have a way around with fiat.. let alone crypto. And the idea I just gave you is the most basic one.

>>28986569
Built for big white Nordic cock.

>>28993904
wonderful girls don't hangout with trash my fren

>>28986569

I just calculated my taxes. I thought I was going to get a refund. But I have to pay like 15% of everything I made on BlockFi because it's 1099-MISC. What the FUCK

>>28995735
yeah but, at least the elite have representation now

>>28995735
Was about representation; taxation without representation. First thing Washington did go pay for the fresh new pile of war debt was through taxes.

>>28995700
see pic>>28993356
if you could ever get close to something similar as this girl you wouldn't care as I do. Then again I never claimed this girl would be smart or wife material. But she does look wonderful.

>>28996220
Rather pay just 3% tax than vote for corrupt self interested cunts to ‘represent’ me every 4 years

>>28997342
fuck you're retarded

>>28986569
Why the fuck won’t anyone put a stop to this?????

>>28993698
you can daytrade as much as you want with a cash account but you have to be able to cover all your trades including the t+2 or t+3 it takes for trades to actually clear

Ahahahahahah no fucking way I thought this was a meme?

>>28986569
and they're also too dumb/ afraid to use VPN, Monero and other stuff to avoid taxes and fuck the IRS in the ass, kek

>>28998538
this.

so does australia

>>28988298
>left wing wants you to be poor so you’re addicted to handouts
This is not leftism. You are describing neoliberalism.