TFW You hodled

[Anonymous No.10292189]

And now have long term capital gains tax rate. I ain't giving the gov 43% short term gains tax so tyron can spend all my money on drugs. Anything more than 35% is straight up socialism. 1 year minimum hold = 20% capital gains tax + the capital gains tax of your state. Go read about it here biz:

https://www.fool.com/taxes/2017/12/22/your-guide-to-capital-gains-taxes-in-2018.aspx

plan out your trades hodlers, making 7 figures and paying 20% tax on it is better than making 7 figures and paying 40+% on it. fuck tyron, fuck welfare queens.

[Anonymous No.10292238]

>>10292189
lmao 43%? I'd look for every possible way to cashout without giving them a dime.

If it was a significant amount of gainz, i'd start looking into emigrating somewhere else.

[Anonymous No.10292269]

usa are real cucks...

>41% srsly

from UK i'm allowed 11k capital gains tax-free every single year

aint giving them a dime for my crypto gains even if it takes time for me to pull out

[Anonymous No.10292283]

>>10292238
Yeah dude, murica is fucked like that. The tax rate scales shittly the more you make if you are an investor/trader. The only way around it is holding for one year to get a lower rate. You got any recommendations on countries?

[Anonymous No.10292284]

>>10292189
Burger here, been hodlin for 3 years now. Waitin for them Btc Etfs before cash out time.

[Anonymous No.10292306]

>>10292269
Why would you do that? You only pay 20% of your capital gains in the UK so there's no need to cash 11k now and then even because it would trigger a red flag.
In some EU countries you can pay even less so you should just open an account there and cash out.

[Anonymous No.10292339]

>>10292284
Smaht

[Anonymous No.10292805]

>>10292269
In the US you wouldn't pay the top rate on only 11k

[Anonymous No.10292838]

>cash out
it's afraid