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/biz/ - Business & Finance


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23830699 No.23830699 [Reply] [Original]

>gamble on stocks/crypto
>win
>government takes a cut
>lose
>government doesn’t give you jack shit
Is anyone here willing to defend the injustice known as capital gains tax?

>> No.23830825

>>23830699
But muh roads

>> No.23830857

>>23830699
They will give you up to $3000 in tax credit for losses

>> No.23830882

Are your retarded? If you make $1 off your 5000 rupee investment your tax would be around 20c, unless you live in a financial special needs country where it would be over 60c
Those 75c determine whether your village has working toilets this month or not.

>> No.23830897
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23830897

>>23830699
I get tax back if I lose on stocks.
Though I assume my country takes a bigger winning cut

>> No.23830932

>>23830699
Who else will satiate the ruling class goyim? we need your money to fund tranny parties

>> No.23830937

>>23830699
j don't pay taxes lol

>> No.23830952

>>23830699
taxation is theft.

>> No.23830973

>>23830897
I wonder if this applies if you don't pay tax, i.e. you don't make over the tax threshhold. Genuinely curious

>> No.23831064

>>23830882
I live on a retarded country where no matter if you lose you will always get taxed 20%.

Let's say you have $1000 bought a shitcoin and you sell at a lose like a good /biz/ user, now you have $500. If you moved to my national currency then you get taxed 20% of those $500.

Of course the trick here is to never move it to my national currency but imagine those retards who only use exchanges with my national currency instead of usdt or other stablecoin.

>> No.23831160

>>23830825
Gas tax pays for roads.

>> No.23831261

>>23830857
a tax credit means nothing because that just means I owe less money from other income/gains. They will never actually give me money to partially recuperate my losses.

>> No.23831369

israel needs your tithe goyim

>> No.23832477

>>23830699
You made a good trade, the barely working hospitals that charge you $300 for a band-aid for the injury you got fleeing from rampaging niggers in the lawless streets causing you to crash into a giant pothole on Main St. provided you with the environment to make that good trade, that is the beauty of taxes.

>> No.23832624

>>23831064
This doesn’t even make sense. How can you pay a capital gains tax if you lost capital

>> No.23832671
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23832671

>>23830699
it is a fucking theft, and fuck the governments.
Everyone on the news was laughing about bitcoin and "nerds", they tried to ban it, then they suddenly decided you should pay TAX if you put your money in crypto.
WHY? Because the dollar and fiat money inflates?

Thats like taxing me if i exchange my money for zimbabwean dollars and they skyrocket.

Imagine if you buy 2000$ worth of chewing gum, and it becomes a rare collectible, then the government suddenly moves in "aummm yeaa we need to tax you for taking the risk in buying some weird chewing gum that became gold in value".

its fucking theft. If tomorrow the government needs toilet paper for some reason, and you have a lot, they will come and confiscate it from you, declaring you a criminal.

FUCK ALL GOVERNMENTS

>> No.23832703

>>23832671
hey buddy, hate to break it to you, but in the case you described where chewing gum skyrockets in value, that counts as capital gains too and you do have to pay taxes on the gain in value. ANY item you own, be it a house, car, stock, painting, jewelry, etc, is subject to capital gains tax.

>> No.23832736

>>23832671
Oh hey good thing we are talking about the only asset out there that can't be confiscated from you. Each one of us has a moral obligation to cheat on our taxes as much as possible.

>> No.23832781
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23832781

>>23832703
>>23832736
im bulgarian btw. And its the same shit with every government.
I used to think the "taxation is theft" faggots were wrong but they were so right.
When I got jewed and fired from my jew company, no body from the government told me "oh we owe you money for 4 months". No body paid me a cent just because I didnt register at the exact right place in time. I registered at 1 bureau but no, i had to register at another bureau. No body fucking called me to give me even my shitty 120$ for 4 months.
And i was working for 1200$ for 3.5 years, paying 250$ in taxes every month.

I NEVER use hospitals, only boomers and gypsies use hospitals, why should i pay for THEIR care? I dont want to use a public hospital anyway....

The roads are complete battlefield and every political party steals money like crazy. Why should i give them free money that I TOOK THE RISK FOR?

To feed more boomers and gypsies that kill cats for fun and harass people?
Fuck them. fuck them and their fucking children too.
Im not paying A DIME

>> No.23832791

>>23832781
As I said, we have a moral obligation to cheat on our taxes.

>> No.23832803
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23832803

>>23832736
and you are 100% right. EACH OF US has a moral obligation to cheat. Fuck their taxes and fuck the jew banks.

When i put 1200$ the cunt went crazy trying to lure me into their investment funds, and they dont tell you they charge a 1% tax a year.

I bought more bitcoin this month at 13,700$, now bitcoin is what 15,400$?
If i had put my money in her jew fund..they would just charge me fees to death and my money would be frozen and chipped to death. Maybe 2% gain for a year.

FUCK EM. FUCK EM ALL TO HELL. WASH THAT MONEY BOY!

>> No.23832836

>>23832671
nerd you wouldnt last a day in an ungoverned world

i pay tax, call an ambulance when I get sick, stay home from work and recover while getting paid my salary

you have no clue

>> No.23832839
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23832839

>>23832791
Why is the government not in jail for owing me 500$ unemployment? I never got that money and nobody gives a fuck.
But if i decide not to pay taxes on a RISK I TOOK, i go to jail?

When was the government when i was risking and losing my money for 3 years?

Did you know some boomer tireshop guy killed a cat and got caught on camera this year. They were supposed to put him in jail for 1 year but he is still NOT IN JAIL.
Turns out he was killing cats and dogs for MANY YEARS, and he is 70.

im paying this fuck's pension with my taxes while he kills cats for fun and they DIDNT EVEN JAIL HIM.

THE FUCK AM I PAYING TAXES FOR?
I had to go my self at night and glue his tire shop and now probably glue some shaving blade piece to the door handle to cut and poison him.
And we both know if i go and beat him to death i would get JAILED FOR 7 YEARS ON THE SPOT

>> No.23832871

>>23832781
И aз cъм бългapин, ceгa живeя в CAЩ. И тyк нe e мнoгo пo-paзличнo. Bмecтo мaнгaли имaмe нeгpи.
Cмъpт нa мaнгaлитe, cмъpт нa нeгpитe, нa eвpeитe, и нa мюcyлмaнитe.
Mиcли caмo зa ceбe cи и зa ceмeйcтвoтo ти, вceки дpyг caмo глeдa дa тe пpeцaкa.

>> No.23832880

>>23832836
You seem like the kinda guy that doesnt go out because he gets made fun of and beat up.

>> No.23832898

>>23832836
Its exactly why im trying to become a prepper.
I buy preps, I try to buy medicine, I learn to survive without pleasures.
I dont remember the police watching over me on the street all the time?
If I have a problem i need to deal with it on my own. The police cant even yell at someone when they are drilling at 2PM for fuck sake.

oh, and the AMBULANCE YOU CALLED. we always call private hospitals, because the government ambulances come after 1 hour, because they are underpaid.
It usually results in people attacking the doctors on arrival.

so spare me your tax "privileges"

Im better with a gun and my skills then to trust the government to keep order.

>> No.23832899

>>23831064
In Russia there is a thing like "currency revaluation". If you bought stock at 100$ it will be "virtually converted" in rubles. Then if you sell this stock later for 100$ and ruble got cheaper (often) you should pay 13% of difference.

>> No.23832912
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23832912

>>23832871
taka e bro. Nqma golqma razlika. S teq negri i musulmani v sa6t. Prepperite sa mnogo pravi da si vinagi na 6trek 4e i susedite mogat da se oburnat sre6tu teb v lo6i vremena.

>> No.23832920

>>23832899
fun. us/jews always fuck with russia so the rubble keeps getting cheaper and supressed.
this ensures that you always get fucked in the ass just because your home currency is being kept down.

>> No.23832998

>>23832836
Plenty of govts exist without ridiculous taxes on crypto or even capital gains.

>> No.23833016

>>23832898
corrupt institutions. yea its the same shit in every country. some are worse. why should you pay for their care? old folks who built your country?

you should go into politics

>> No.23833041

>>23832998
probably. which? when would taxation become ridicolous? more than 20% or 30%?

>> No.23833080
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23833080

>make gains trading between alts
>you owe tax
>get rugpulled. Now you can't sell the token to USD.
>you still owe tax on the first trades.
>you cant pay so you dont file.
>3 years later the IRS finds you out and you owe interest on the first trades even though you lost money and have no job

welcome to prison.

>> No.23833104
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23833104

>>23833016
What exactly did the boomers "build" my man?
What exactly did my bulgarian boomers "build"?

They cheated in every fucking possible way, got jobs super easy, were SUPER LAZY, got almost free apartments and nowadays they are more lazy and entitled than ever, even ready to fight you on the street over nothing.

boomers didnt build fucking shit.

>> No.23833146
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23833146

>>23833016
im serious.
all boomers do is try to sell their old muscle car for 1000% markup, that they didnt even restore but let to rust.
And they go on vacations.
While laughing that im paying their pensions and i will NEVER get a pension.

>> No.23833194

>>23833104
you think everyone is out to get you. the boomer conspiracy? what are you building?
might aswell jump infront of a train then

whyd you expect your government to help you with unemployment when you dont want to pay tax?

you have some good points but youre butthurt my friend
either take a shit or get off the toilet

>> No.23833217

>>23833194
i am butthurt for a reason, because they fucked me over.
And i should be speaking about it so more of you get convinced to NOT stand for it.

What im building...i care for forests and wildlife i guess.
I paid my taxes man. And all the government does is take from me and give to lying gypsies.

>> No.23833310

>>23833217
i get it
one thing is for sure. they are gonna collect that tax. youll get raped trying to get around it

get a 50x and buy a cabin

>> No.23833341
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23833341

>>23833310
fuck em. I will roll the money through china and back if i have to but they are not getting a dime.
they want fucking 9% in my stupid country.

>> No.23833403

>>23833341
9% of your crypto winnings? thats nothing.

>> No.23833421

>>23831261
Why should they you wellfare queen?

>> No.23833666

there should be exemption for everyday joes who get lucky on an investment once in a blue moon, say 250k tax free capital gains every 10 years or something.

>> No.23834056

Rollin for TMR