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/biz/ - Business & Finance

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11040833 No.11040833 [Reply] [Original]

How do we keep the gubberment from taking our link gains and handing them out as gibs? No fucking Tyrone is gonna get my stinkies from me to pay for baby nog support after all the time I've spent researching this. What do marines?

>> No.11040867

>>11040833
Just pay your taxes, bro. It's better than going to prison. I mean if you really want to you could use a tactic I've been thinking of but you might as well just pay it.

>> No.11040875

>tfw won't have to pay for Devonte's Blacked subscription cause I'm not an amerimutt
Feels good brah

>> No.11040878

>>11040833
Live on St Kitts like Ver does.

>> No.11040886

>>11040875
Don't europoors pay even higher taxes?
>inb4 lower capital gains tax
Doesn't really mean anything when you pay like a 2000% VAT on every purchase

>> No.11040889

>>11040867
fuck taxes

>> No.11040957

>>11040867
Unironically serious when I say that I don't want any of my money going to gibs. The state is broken and corrupt. I can do way more good with that money than the fucking government.

>> No.11040979

>>11040889
For long-term capital gains (held for a year or more):
>Up to $38,700 you pay 0% tax
>$38,700 - $426,700 you pay 15% tax
>$426,700 you pay 20% tax

That's fucking nothing compared to how much eurocucks will pay bro, just be happy. You could cash out almost $500,000 a year at 15%.

>> No.11041060

>>11040979
In my particular euroslav poorfag country, you have to pay 20% capital gains tax if you earn more than 14k euros a YEAR. These fucks want everyone to be poor here.

>> No.11041102

>>11040979
>https://www.forbes.com/sites/robertwood/2017/08/31/californias-13-3-tax-on-capital-gains-inspires-move-then-sell-tactics/#cf239af20975
37.1% here.

>> No.11041184

>>11040957
I think the best shot you have is to get a tax lawyer.
Protip: make sure he is a jew
Protip2: make sure he is an ashkenazi jew

>> No.11041210

>>11041102
then fucking move out of that commie state

>> No.11041230

>>11041210
First I need the shekels my friend. In the mean time I'm hoping for an earthquake.

>> No.11041239

>>11041060
fucking christ dude. I remember when I was in Berlin and saw my receipt after my first purchase... 19% sales tax. I thought it was a fucking joke until I looked it up... some countries have 27% sales tax. I can't even imagine what income tax is like

>> No.11041434

>>11041102
Don't forget, under Trump's new tax system, you can't write off state taxes towards your federal income either. It's amazing how fast shitlibs ruined an incredible state.

>> No.11041637

>>11041239
by sales tax do you mean VAT? That's 21% here.

>> No.11041994

>>11040979
15% of 500,000 is 75,000 dollars, which I could use to better my friends and family. Fuck the government and their nasty ass chemtrails, GMO food, and welfare. Don't tread on me.

>> No.11042033

>>11040979
Shit... or i could just take out basically my current yearly wage and live tax free??? Am i reading you right anon? American. Also, my main stack of link was bought dec 30 2017. didnt plan on selling til dec 31 this year. I currently work my ass off making about 40k a year.

>> No.11042077

>>11041102
hahaha fuck california

>> No.11042097

>>11041994
I've thought of a way to get around it but it's annoying and probably illegal. I can share it with you if you wish, but I highly suggest you don't try it for your own sake.

>>11042033
Yes dude, unless you live in a state that taxes you on top of federal taxes like >>11041102 you can cash out $38,700 of long-term capital gains income TAX FREE. Hold for as long as you can before you sell though, Chainlink will be $xxx before the decade is over. At $100/LINK you could sell 400 and make your current annual wage nearly tax free.

>> No.11042911

>>11042097
Kinda want to just wash any link I sell with monero and go that route for cashing out

>> No.11042991

I'm more worried about how I'm going to deposit the money once I cash out...won't the bank freeze my account if I suddenly deposit a large sum of money?

>> No.11043101

Taxes will get exorbitant on crypto especially in "first world" countries with the most gibs to fund, you'll face prison or possibly torture to squeeze it out of you if more zealous commie types seize power. Better to clear the sinking ship before it drags down everyone that wasn't fast enough.

>> No.11043332

>>11042911
GL

>>11042991
Yes, transactions over $10,000 are closely monitored by the government.

>> No.11043357

>>11040833
You will be lucky to successfully cash out to your bank in the first place, when you do that, you can start worrying about taxes

>> No.11043363

just never sell

before long the link will be more useful to you than other sorts of money

>> No.11043384

>>11043363
that's BS and you know it
CL might be successful for many years but who knows what's gonna happen to the fucking token itself, it could be forked and replaced with a stable coin, if you don't jump on the first good pump you're playing with fire

>> No.11043390

>>11043357
Why?

>> No.11043391

>>11043384
jump out*

>> No.11043400

>>11040886
1.64% capital gains tax.

And no 10000$ check everytime i go to hospital.
Get fucked ameriburger.

>> No.11043403

>>11043390
becuase if a bank sees that a neet with 0 or low income all of a sudden deposits 6 figures or more it's an instant frozen account and money laundering/criminal investigation thrown at you

>> No.11043413

>>11043400
I’d rather get raped by taxes than raped my Muslims.

>> No.11043453

>>11043403
Kek, you make it seem like it's a fucking mission. You can just call and tell them to expect a large amount to flow into your account and if it triggers a money laundering detection system then hire an accountant to log all your Coinbase and Binance purchases. Easy.

>> No.11043519

>>11040979
>>11043400

Another typical euroburger. I heard over 80% of you cucks don't even have a passport. Fucking cucks.

>> No.11043529

>>11043413
Pff get out of your moms basement. The world has always been changing you mongloid doomsday fag.

The all american basement pussy.