/biz/ - Business & Finance

[Anonymous No.28494648]

>30% tax if I cash out
How is that legal?
I invest my money smartly, make gains and somehow a government that did nothing for me my whole life is entitled to a third of it?

[Anonymous No.28494704]

>>28494648
The government provides infrastructure for the entire country chud.

[Anonymous No.28494713]

>>28494648
>30% of your paycheck gone
>30% of your investment gains gone
>8% income tax
>it only goes up
>50% if you make a million dollars
>tax if you own land
>tax if you buy a car
>it doesnt even give you healthcare or a single benefit

IM NOT FEEDING FUCKING LASHANDAS 18 KIDS

[Anonymous No.28494746]

>>28494648
It’s legal because the same people who do it also make the law.

It’s morally wrong but it is legal.

[Anonymous No.28494773]

>>28494648
>government that did nothing for me my whole life
??

[Anonymous No.28494786]

>>28494713
grim, where is it?

[Anonymous No.28494848]

>>28494704
>The government provides infrastructure for the entire country chud.
you mean they provide a mechanism which funnels your hard-earned wealth into their pockets

[Anonymous No.28494861]

The tax system is a mechanism for the transfer of wealth from us to 'those people'.
We all know who I mean.

[Anonymous No.28494868]

>>28494786
jewsa where else would i be paying for hillbillies dre'shawn to eat

[Anonymous No.28494931]

>>28494648
>already paying $3400 a month tax on my wage slave job
>get literally nothing out of it
>will have to pay more for my gains too
I would really like an itemized bill telling me exactly where this money fucking went

[Anonymous No.28494972]

>>28494713
You're right, you're not. The fed is. You're just helping to pay the bills from 10 years ago

[Anonymous No.28494973]

>>28494648
go move to some african warlord shithole then, faggot

[Anonymous No.28494990]

>>28494648

Taxes are just to make sure you don't make it.

It's a win win for actual rich people. They make more money from wars (being funded by your shit), and also you'll never gain enough capitol to ever dream of competing with their neverending businesses (which don't pay taxes since they're not retarded lol)

[Anonymous No.28495006]

>>28494648
>a government that did nothing for me my whole life

Did you get killed and eaten by roving gangs as a child, or sold into slavery?

[Anonymous No.28495012]

>>28494648
Just don't pay. It's easy to evade

[Anonymous No.28495013]

>>28494648
Fellow frenchman? The government needs our money to pay for the all encompassing public services that the whole world envy us

[Anonymous No.28495018]

>>28494973
>IT'S CALLED PAY YOUR FAIR SHARE

[Anonymous No.28495049]

send it to aave, take out a loan, placed a short. No tax

[Anonymous No.28495058]

Legality is a religion and all religion ever do is screw all sumbfucks.

[Anonymous No.28495094]

>>28494713
Neither is the government lmao.
Imagine being robbed blind by Uncle Sam Thundercock to fund trust funds for half Slovenian babies and still thinking it's to help some dumb whore down the block

[Anonymous No.28495099]

>>28494931
your entire lifetime taxes at that job wouldnt even pay for one screw in a fighter jet or one gender study in isreal. its all fucking horse shit.

[Anonymous No.28495115]

>>28494704
Most of public money is used to fund irrelevant stuffs such as schools, 90% of public founding would find a better use if it stayed in the pockets of the taxpayers

[Anonymous No.28495133]

>>28494648
Still a better deal than marriage where a roastie did nothing and is entitled to half of it.

[Anonymous No.28495158]

Legality is a religion and all religion ever do is screw all dumbfucks.

[Anonymous No.28495174]

>>28494868
>>28494713
Stop crying, USA is still better than 95% of countries as far as taxation goes

[Anonymous No.28495289]

>>28494713

don't forget the tax for buying things

[Anonymous No.28495313]

>>28495013
Oui

>>28495006
I was abused by teachers in school causing me to drop out at 14 years old and live the next 10 years in existential dread, I got out of this shit by myself, the one time my parents asked the governments help their reply was literally >your kid isn't burning cars or dealing drugs so we can't do anything for him
haven't seen a doctor in 15 years, don't use public transportation, never got a dime from the government

[Anonymous No.28495379]

>>28495289
i meant 8% sales tax

>>28495174
its fucking awful. all we do is piss it away on fighter jets and letting black people and hillbillies have 8 kids with no job and meth addictions.

at least in europe it goes to healthcare and free college and quality of life.

[Anonymous No.28495406]

>>28495313
awww someone got bullied lmao

[Anonymous No.28495489]

>>28495406
My father also abused me so it was a compounding.
But the point is, I never got anything from the government.
I don't use the public services, I never benefitted from government money or help, everything I do and did I paid out of my own pocket.

[Anonymous No.28495502]

>>28494704
*government forbids anyone to compete with it at providing infrastructure for the entire country

[Anonymous No.28495585]

Taxation is mainly about selling the illusion that one is a free agent by promoting the fantasy of power equaling money when in fact it's an effect of raw force, which itself never ever switches neither places nor actors.

[Anonymous No.28495593]

>>28495379
>at least in europe it goes to healthcare and free college and quality of life.
You mean Fatima's 15 kids. Fuck off nigger.
>t. 60% marginal tax rate, 30% capital gains tax
>3 months waiting time for health care
at least college is free

[Anonymous No.28495630]

>>28494648
Taxation is theft

[Anonymous No.28495655]

>>28495585
If I could chose where my taxes go at least it would be something...

[Anonymous No.28495710]

>>28494973
UH OH RETARD ALERT

[Anonymous No.28495829]

>>28495379
>free college and quality of life
Not free, it's funded by the taxpayer

[Anonymous No.28495879]

>>28494648
>How is that legal?
Nothing personal goy, just business

[Anonymous No.28496028]

>>28495099
I’d be satisfied if it paid for a single screw.
More concerned the reality is far more retarded.

[Anonymous No.28496087]

>>28494861
Fuck the jews

[Anonymous No.28496176]

>>28494973
>Implying anything about 2020 was fair.
Government earned this sentiment of tax evasion that’s in the air.
Earned, State level and all the way up.

[Anonymous No.28496224]

>>28494973
Based

[Anonymous No.28496274]

>>28496224
cuck

[Anonymous No.28496278]

>>28495379
The way the government spend our taxes over here is fucking atrocious. You have to live in a select few big cities to enjoy the benefits of the retarded taxes we pay. Cunts in government make me pay 1.50 euros per fucking liter (7 dollars per gallon btw) of fuel and the roads are STILL SHIT.

[Anonymous No.28496353]

>>28494648
jews own the world
you cant beat jews, its antisemitic

[Anonymous No.28496385]

>>28495502
This
Also they fucking suck
My town is littered with potholes. Are they going to give me a tax refund when my axle on my car breaks?

[Anonymous No.28496448]

>>28494648
>How is that legal?
kek, you still have a thing or two to understand

[Anonymous No.28496480]

>>28496353
Jews are to white people
As white people are to blacks
We must keep training and beat the Jews fair and square

[Anonymous No.28496489]

>No direct taxation is imposed on residents and Cayman Islands companies. The government receives the majority of its income from indirect taxation. Duty is levied against most imported goods, which is typically in the range of 22% to 25%. Some items are exempted, such as baby formula, books, cameras and certain items are taxed at 5%.
Based? Would you prefer indirect taxation to income/capital gains taxes?

[Anonymous No.28496585]

>>28496480
jews are the white people blacks are talking about, even if they don't realize it.

[Anonymous No.28496705]

not paying any tax towards non-whites, sorry.

[Anonymous No.28496723]

>>28496489
Indirect is dangerous because it's less painful, I'd rather pay one unique direct tax per year to see how much the government is stealing me

[Anonymous No.28496820]

>>28494704
Infrastucture:
>nigger gibs
>bombs for arabs
>federally employed admin positions
>agencies dedicated to taking your money

[Anonymous No.28496897]

>>28495379
You mean that it pays for all the little rats millions of Muslims spit out? Europe is done dude. Dying continent.

[Anonymous No.28496944]

>>28494648
Exactly anon. If half the country woke up and we collectively stopped paying taxes and requesting to H.R. that our taxes NOT be withheld from our paychecks then we could break this system and the gov't at the same time. I we collectively stopped paying our mortgages too that would fuck up EVERYTHING including the banking system. They couldn't repossess half the houses in this fucking country. There are not enough police and IRS agents to compel us to pay our income tax, property tax etc. The gov't uses our income tax money INTEREST FREE for the entire fucking year and gives us back what they overcharged us making us think they did us a favor. I haven't filed taxes in over 10 years and plan on leaving the U.S. soon to move to a country with EXTREMELY low property tax. Fuck 'em all!

[Anonymous No.28496946]

>>28496820
Yes. Keep seething!

[Anonymous No.28496988]

>>28494931
Would you be making close to 20k a month if you paid 3400 in taxes? Honestly just confused by that

[Anonymous No.28497014]

>>28496897
wont be long before it turns into another third world country, and its economic and educational output drops accordingly. hopefully we can at least get some supermajority white country out of it

[Anonymous No.28497025]

>>28494648
You don't owe your country or any motherfucker who lives in it ANYTHING!!!!

[Anonymous No.28497027]

>>28494648
just use it as currency.......... oh wait, no one takes crypto..... kekeekeke

[Anonymous No.28497273]

>>28497027
Actually more and more companies/services do but once it becomes widespread you can bet your ass it will be taxed as well.

[Anonymous No.28497317]

>>28494704
Government does it regardless of whether I pay 30% of my gains or not
Fucking npc subhuman

[Anonymous No.28497354]

>>28496944
Checked and fuckempilled.

[Anonymous No.28497357]

>>28494648
Tu payes des impots sur le revenue ?

[Anonymous No.28497407]

>>28494648
I dont plan on cashing out my gains for a while, but this shit scares me.

Isn't there any loop holes around this? I don't want to make huge gains just to have a chunks of it taken out because of "taxes".

[Anonymous No.28497491]

>>28497357
Why?

[Anonymous No.28497520]

>>28494973
sounds more like CCP than capitalismanismism

[Anonymous No.28497563]

>>28494648
They taxed you 30% from your paycheck, then tax again after you invested that, then they will tax you again when you buy something at the store with those gains. So your gains are worth 50% of what you made originally, especially after whatever inflation his the products you buy.

[Anonymous No.28497564]

>>28495379
>free college

>40% tax rate
>free

Leftists, everyone.

[Anonymous No.28497587]

>>28497407
The loophole is not paying. It's easy to withdraw stealthy

[Anonymous No.28497613]

>>28496988
Not him but my salary is 165k (gross pay 13750 per month) and my take home pay is slightly less than 10k. So yeah, even in a southern state its insane

[Anonymous No.28497645]

>>28497587
what's to stop someoe buying physical gold with crypto and then selling it privately?

[Anonymous No.28497697]

>>28497587
Isn't the only way to do so to use XMR or SCRT, and even then your XMR/SCRT purchase can be traced in your wallet if you ever used a CEX?

[Anonymous No.28497711]

>>28494973
african warlord shithole ?
No thanks, I moved to a near tax free principality instead.
Remember, one day people like me will kill people like you.

[Anonymous No.28497718]

>>28497587
I've heard of people transfering their coins to physical wallets but how would you go about selling
>>28497645
This sounds really tedious, but sounds like it could work.

[Anonymous No.28497725]

>We don't recognise crypto as a currency
>We don't really recognise crypto as an asset
>You still have to pay taxes for it
>At a loss? Pay. Your. Taxes.

[Anonymous No.28497742]

I wouldn't mind paying that if this was Nazi Germany, but it isn't.

[Anonymous No.28497846]

>>28497407
>>28497718
Go to Belize or Portugal, you don't pay taxes on crypto if you're not a company.

[Anonymous No.28497968]

>>28497846
I'm French and if I pay a certain tax rate in another country I have to pay the difference to the French government.
If I cashed out my crypto in Portugal with a 0% rate I'd have to pay 30% to the French gov, in a 15% country, 15% to the French gov, etc...

[Anonymous No.28497981]

>open btc exchange
>tax people a fuckload
>steal their money
win/win for everybody!

[Anonymous No.28497996]

>>28497718
>>28497697
>>28497645
Protip: you can transfer between accounts and withdraw in other countries

[Anonymous No.28497992]

>>28497968
This is the excellence of the EU.

[Anonymous No.28498039]

>>28497846
I'm from the United States.
I'm certain there are laws in place where even though I live in another country, I will still have to pay taxes for a few years.

It's fucking retarded. Another reason why the US is really just a big company, and not a country.

[Anonymous No.28498095]

>>28497992
It's like that even outside of the EU as long as I have the French nationality.
Even if I worked and paid taxes in China or Japan or the Congo I'd have to pay the difference.

[Anonymous No.28498101]

>>28497996
Will that work with a VPN

[Anonymous No.28498173]

>>28494648
Personally anything over 20% is theft. IMO you should be able to choose how much you pay. Say 10% - 50%. The less you pay obviously the less you get to take part in government services etc...
>t. swede.

[Anonymous No.28498234]

>>28497491
Parceque si tu payes pas d'imots sur le revenu c'est 15%.
Feel good to be a poorfag.

[Anonymous No.28498277]

>>28498234

[Anonymous No.28498336]

>>28498234
I thought it's a flat tax, can you provide source?

[Anonymous No.28498371]

>>28498095
If you stay in a country more than 6 months you can have residence permit. And you don't pay noting. I think Slovenia is great. I don't even speak about Malta or Cyprus (probably expensive to live 6 months there)

[Anonymous No.28498403]

>>28495655
But that would make you free... You see? Those highly educated politicians that know how to act just right knows what's best for you. Afterall you're too uneducated and dumb to have that freedom!

[Anonymous No.28498432]

>>28494704
>BUT WHO WOUKD BUILD MUH ROADS!!!11!1!1

[Anonymous No.28498520]

>>28497645
trade crypto for reserved list mtg cards, those vintage cards increase in value over time

go to big event when covid is over, sell reserved list mtg cards for cash to a vendor

[Anonymous No.28498536]

Too lazy to do taxes just gonna wait for the IRS to tell me how much I owe

[Anonymous No.28498581]

>>28498336

[Anonymous No.28498627]

>>28494648
exchages AHAHAHAHAHAHHAHA

[Anonymous No.28498656]

>>28498520
>mtg cards
I had to google what those were. Is this some bullshit zoomer shit?

[Anonymous No.28498665]

>>28494713
You’re mostly paying to give Israel money to buy weapons for us and to fund our occupations abroad

[Anonymous No.28498688]

>>28494648
>OY YOU GOT A LOICENSE FOR THAT ANTI SEMITISM MA8TE?

[Anonymous No.28498759]

>>28498581
Cheers I make about 13k/year

[Anonymous No.28498826]

>>28497273
It already is. If you buy something in crypto that's a taxable event goy. There's a legal way to avoid taxes on crypto, watch saylor

[Anonymous No.28498982]

>>28498656
They're magic the gathering cards

The super old ones from the early 90s contractually cannot be reprinted. They've only gone up in price since USD has inflated.

Anyways it's not just trading cards, find some niche that has appreciative assets that are liquid you can trade cypto for. There's no way for the IRS to track pieces of individual cardboard and it's why I mentioned magic cards.

[Anonymous No.28499061]

>>28498826
>If you buy something in crypto that's a taxable event goy
lol no.

[Anonymous No.28499144]

>>28498982
Good ideas man, thank you.

[Anonymous No.28499352]

>>28495013
putain !
hâte de repartir de ce trous à rats.
macron you're not getting a cent from my crypto fuck you

[Anonymous No.28499403]

>>28499144
Check the reserve lists, only buy cards on reserve list

[Anonymous No.28499428]

>>28499061
It literally is a taxable event, the conversion to fiat + sales tax needs to be accounted for at time of purchase. You need to calculate how much gains you had when acquiring the crypto in the time before spending it. Have fun.

[Anonymous No.28499624]

>>28494648
land of the free my asso
in Germany you have to hold for 1 year and
then it is taxfree baby

[Anonymous No.28499657]

>>28497968
>>28498095
tu délires à plein tubes, Pierre

[Anonymous No.28499683]

>>28499428
that's only if you cash out the crypto

we're talking about transferring from your wallet to another's in exchange for goods

it's pretty much the equivalent of buying something from a yard sale with cash, no tax.

[Anonymous No.28499711]

>>28499428
I take 1000€.
>Nothing
I put this 1000€ in Crypto.
>Nothing
I swing, Buy, Sell, Stable coined, etc NOT FIAT
>Nothing
I turn this crypto into FIAT, I have now 2000€
>I pay 30% of 2000-1000 (minus fees).

I don't know where you're living

[Bane No.28499770]

>>28494648
Just round up some like minded people and over throw the government. Don't pussy out like the ones on Jan 6. Just start killing politicians.

[Anonymous No.28499794]

>>28496820
Based
you forgot funding commie uni profs

[Anonymous No.28499875]

>>28494746
>morally wrong
stop participating in society and run your own infrastructure, brainlet.

[Anonymous No.28499892]

>>28496944
Cammon now... just do a lil domestic terrorism for us.

[Anonymous No.28499914]

>>28495502
>>28496385

based ancaps

[Anonymous No.28499948]

Trump pays 500 dollars in taxes

[Anonymous No.28500028]

>>28499875
many people would if government didn't hold the monopoly on competition.

[Anonymous No.28500422]

>>28494648
just tell them you lost 100m in trading and this is whats left.

[Anonymous No.28500564]

>>28500422
After today's open.. that might not be too far from the truth for a lot of stock investors. Futures are painting a very grim Friday.

[Anonymous No.28500660]

>>28494704
sorry I dont like wars, and you are wrong overall

[Anonymous No.28500749]

>>28494704
Literally all you need to trade is internet, you fucking retard. You can get that from a satellite almost anywhere in the world and you'd still have to pay your government 20-50% capital tax gains.
>you HAVE to pay us because we said so
It's plain ol' racketeering. The mental gymnastics people apply to justify this daylight robbery is mind boggling.

[Anonymous No.28500948]

>>28494648
The american dream isn't free, faggot

[Anonymous No.28500954]

They take about 30% of my income as well. It's bullshit, I'm not even rich.

[Anonymous No.28501028]

>>28494648
protip: it’s not legal, yet neither is the federal reserve note

[Anonymous No.28501044]

>>28494648
Just buy gold bars with crypto then sell them for cash at local schlomo castle

[Anonymous No.28501411]

>>28494648
How are those single moms supposed to buy Gucci handbags if you keep all your gains to yourself, Anon? My cousin is a single mother and told me she gets loads of money.

[Anonymous No.28501422]

>>28499683
It's realized gains if you purchased something with it. Worse yet your tax history then becomes tied to the other guys wallet as the exchange is tracked on the blockchain.

[Anonymous No.28501500]

>>28499711
This is the United States crypto tax law. They tax us for crypto to crypto trades. The only thing that isn't taxed is transferring between your wallets and exchanges.

[Anonymous No.28501724]

>>28501500
yet.

[Anonymous No.28501936]

>>28499948
who?

[Anonymous No.28502207]

I disagree with my government policies, so i simply not cashing out.
Vote with you wallet, as they say.

[Anonymous No.28502580]

>>28502207
>simply not cashing out

The problem us US posters have is the government considers us cashing out if for example we bought BTC for $1000 and "sold" it into ETH when that BTC became $2000. That $1000 is considered a capital gain and we have to pay the tax on it, even if we don't hold the FIAT ourselves, just the ETH we bought.

[Anonymous No.28502746]

>>28495133
U pay the gov that enforces that shit dude

[Anonymous No.28503450]

If you support government monopolization of the provision of goods and services and support its extortion just so it can embezzle that money (see administrative oveheard and gov planners in infrastructure overpaying companies the own for contract work), then you don't belong on this board and need to shove that social contract up your naive maxi tranny ass and fuck off back to /pol/.

Imagine investing in DEFI and having it not dawned on you that the fourth industrial revolution is the death of centralized government.

[Anonymous No.28503469]

>>28498536

[Anonymous No.28503541]

>>28494648
Gotta pay for Shaniquas kids homie.

[Anonymous No.28503636]

>>28494973
I think the Govt missed the part about maintaining society.

[Anonymous No.28503723]

>>28496820
>>agencies dedicated to taking your money or shooting your dog
Ftfy

[Anonymous No.28503751]

>>28502580
How the fuck would they find out, you massive retard. They can’t even encrypt their files. How the fuck are they going to track the blockchain

[Anonymous No.28504003]

>>28503751
You don't have to take it personally, anon. I'm just stating the facts. That being said are you able to tell me a way to hide your gains from the IRS reliably? There are people here talking about buying cars or houses without having an explanation for the capital needed to make said purchases. You act as if I'm telling you you have to pay your taxes and not just explaining the tax law to someone not in the US. At some point you're going to want to cash out to buy something, how are you going to go about it without declaring anything?

[Anonymous No.28504128]

>>28494704
Shut the fuck up tranny.

[Anonymous No.28504169]

>>28494648
stop being so antisemitic

[Anonymous No.28504455]

>>28494973
It's more like
> pay us whatever we ask for, or else...

[Anonymous No.28504502]

>>28494973
African nations are socialist or left-anarchist tho, kys tranny

[Anonymous No.28504807]

>>28495313
Free college and healthcare would be worse. Then you're paying to dysgenically poison the national gene pool, and brainwash new generations into perpetuating their own cycle of enslavement.

[Anonymous No.28505256]

>>28494648
>capital gains are taxable
>capital losses are tax deductable
>government just print so much money that its impossible to lose money on an investment

theyre basically pumping their own bags by passing out free money

[Anonymous No.28505288]

You have to understand that in humanism, a public servant does not produce work, hence nobody gives them money as a trade against their ''work''. his only source of money is taking money from the plebs and contracting a debt in the name of the plebs (not in his name lol). In the humanist republic, public servants are not in competition. In this republic, competition is only for the private sector. This is why when you do a bank transfer in different currencies, the bankers tax you by 1 or 2 %, but the public servants tax you at 30% or more of your income. When competition is introduced in the bureaucracy, the bureaucrats start seething, like it happens with Ireland being a tax haven inside Europe, and the bourgeois leftist starts to talk about ''social dumping'' to feel righteous as if their care about the plebs.
It turns out there are a few ways to get rich,
-invade a country
-Currency Devaluation
-taking money by force from the citizen
-creating a debt in the name of the citizen

In humanism taking territories and riches from other people who are in appearance just as humanist as you reflects poorly on the presidency, so they cant do that. Atheists only kill people if those people are depicted as barbarians in the atheist media. Now that 99% of all the 200 countries have embraced the atheist democracy, atheists have cut off this method to get rich.


Now the debt. The humanist bureaucrat is happy to issue bonds in the name of the plebs, since the bureaucrats will pay up the coupon with the money he takes from the plebs.


The devaluation is pretty neat, but it doesnt work well for a solid reputation on the international scale. Devaluation has only one purpose: to decrease the nominal value of the public debt created by the bureaucrats. The debt is expressed in the new currency and it cost less (on paper).

[Anonymous No.28505358]

>>28505288

Devaluation doesn't work when their is a unique currency for many countries, like the euro in europe. This is why all the cockroach in Germany and the tax heaven that are the Netherlands keep telling other countries to reduce their debt, because now devaluation is impossible. This is another moronic idea by the humanist. And as usual the cognitive dissonance of the atheist keeps creating problem.
For instance the bugman called the dutch gets lots of money by being a tax heaven, so the other countries get less money from the taxes, then the dutch gets very rich, and then whines that poor countries dont have enough money and yet should not issue too much bonds.


The natural way to reduce the burden of the nominal value of the debt is inflation, but with the helicopter money and so on, inflation is killed by the atheist bureaucrat. At least the yield of the bonds are very low so money is free of charge.
Then it is a matter of political choice of what to do with this free money. Since the atheist is a bugman addicted to drug and sex, coomsumin is the what the atheist population wants, so the debt goes into monthly checks or higher salary for the bureaucrat bugman. The atheists who want to feel smug say the debt should go to ''infrastructure'' and ''investment for the nation'' ie bureaucrats should crate a plan like in communism to build roads and what not.

[Anonymous No.28505437]

>>28505358

now for the bond yield and the atheist central bank. You have to understand that at the beginning of Humanism 200 years ago, the atheists were infatuated with the bourgeois bureaucrats being wise and guiding the plebs towards a better future (and since atheists are hedonists, a better future means just better material conditions, like cars, central heating, fresh water and no stigmata associated to sex and being an hedonists in general) and knowing what they have do to. This is why atheists call their period the ''enlightenment'' and the ''belle epoque''. It turns out that bureaucrats, bourgeois or not, are utter morons, just like the rest of the plebs, who are fucked as soon as the technological progress stagnates, ie like has been since the 90s. Human rights are just a disguise, a narrative made up by the bourgeois to normalize hedonism and feel righteous at the same time. Like when they turn to their priests in academia to say that bonobos have orgies all the time, so it's okay and in agreement with nature that humans have orgies too. Atheists are not sex addicts, they just act according to their human nature, hence no fault and it's normal and no punishment should be given for this.

[Anonymous No.28505515]

>>28495115
> irrelevant stuffs such as schools

You honestly want to live in a country without schools?

[Anonymous No.28505816]

>>28504807
This. You want these things to be AFFORDABLE and COMPETITIVE like they were in the US up until the early 2000s, not free. Commies have been infiltrating the higher education system and spreading their gay mind virus since the early 50s, why would anyone want to subsidize that shit? You want European level tax rates so double digit IQ retard D-students can get art degrees and the like? Fuck off. All subsidies, loans and grants must die for College to become inexpensive again.

[Anonymous No.28505940]

>>28496385
they actually might. at least some of the towns around here will reimburse you for car damage if you can prove it was solely due to something on a public road

[Anonymous No.28506032]

>>28494648
HOW ARE NIGGERS GONNA FEES THEMSELVES ANON!!!!!!!!!

[Anonymous No.28506213]

>>28497968
>I'm French and if I pay a certain tax rate in another country I have to pay the difference to the French government.
>If I cashed out my crypto in Portugal with a 0% rate I'd have to pay 30% to the French gov, in a 15% country, 15% to the French gov, etc...
I'm going to Portugal and never giving a cent to the French government

[Anonymous No.28506263]

>>28505940
>oy vey, we are so fair. Come to our courts that we brainwash and pay the judge, the defendant, and the prosecutor.

[Anonymous No.28506275]

>>28495379
You are extremely naive

[Anonymous No.28506384]

>>28494704
No they don’t.

[Anonymous No.28506399]

Capital Gains are theft since you were already taxed on your income.

[Anonymous No.28506893]

>>28506399
Capital gain IS income, you don't get taxed on what you put in only on what you make on top of that

[Anonymous No.28506910]

>>28501500
Wait, I am supposed to pay taxes whenever I convert from BTC to another shitcoin?! How the fuck can they possibly even track this? Like what is stopping me from say I gave my bitcoin to a friend and he gave it back to me, plus interest?

[Anonymous No.28506964]

>>28503751
>cash out $1M
>IRS asks for trade history for tax check from previous years
>UH OH

[Anonymous No.28507205]

>>28494704
you will never be a woman.

[Anonymous No.28507224]

>>28506910
Yup, trade BTC for USD in wallet and then buy ETH is good, but god forbid you change BTC to ETH. Then you get the shaft tax of love.

[Anonymous No.28507275]

>>28506893
And where did the money you put in initially come from genius

[Anonymous No.28507407]

>>28506910
Yes

>>28507224
>Yup, trade BTC for USD in wallet and then buy ETH is good

I'm not sure thats correct. You are realizing a gain when if you profited from that BTC > USD. Buying into ETH from there would be a new trade base and wouldn't be taxable; but your initial sell from BTC to USD is.

[Anonymous No.28507498]

The real rich never sell and take loans out on their assets. The tax loopholes are what keeps them rich. Or they might create a charity they own and write off what they do. I hope crypto gets some status better than stocks in regards to tax one day.

[Anonymous No.28507716]

>>28507407
if your BTC was up when you converted it to ETH that's a realized gain, because you're still cashing out of BTC.

lot of people got fucked like this when crypto was getting big because they exchanged they made $$$ on BTC then exchanged it directly to shitcoins that crashed but still got the BTC tax bill for that sale

[Anonymous No.28507719]

>>28499875
There is no reason why you need a central government to build infrastructure and live in a society.
People just do voluntary trades and that's it.

[Anonymous No.28507951]

>>28495174
Not when it comes to capital gains. A lot of european places, despite having larger social safety nets and higher income tax, actually have lower capital gains. For instance, I know people talk about Portugal basically not having capital gains tax at all. In places like germany, it's 0% so long as you hold for a year or more.

[Anonymous No.28507988]

>>28494704
Fuck off pro war kike

[Anonymous No.28507992]

>>28507498
Hrm.. start a non-profit. Buy a set of hotel buildings in areas with cheap electricity.
"Coin Miners Shelter Haven"
Offer rooms for free for down on luck miners. Each room has a 50 amp circuit. Donations from gains from mining that go to the building is tax write off.
This could work.

[Anonymous No.28508294]

>>28505515
modern schools are essentially indoctrination camps that don't teach you jack shit

or in the case of americans, they're that + shooting ranges.

[Anonymous No.28508335]

>>28494648
If you voted for Biden then you get what you deserve. They are going to fucking hammer capital gains and bet your ass crypto is in their sights.

[Anonymous No.28508380]

>>28495829
>Ackshully
That's literally what he's saying you massive mong

[Anonymous No.28508402]

>>28507716
> still got the BTC tax bill for that sale

If they sold their shitcoins that crashed and realized their losses they could offset the capital gains, so long as they sold before the end of the year I'm guessing and then rebought to reclaim their position

[Anonymous No.28508518]

>>28494648
Well who else is gonna pay for everyone's welfare checks? Chop chop

[Anonymous No.28508581]

I hate the fact that our income is taxed already, we take that paycheck and invest it, and those gains are taxed again on already taxed money

[Anonymous No.28508724]

>>28507498
it's going to get worse

[Anonymous No.28509180]

>>28497718
Just ask people if they want to buy crypto with cash? If they like experimenting with psychoactive substances and buy stuff off darknet markets, they'd prefer buying crypto with cash most definitely.

[Anonymous No.28509664]

>>28495379
Things are worse in Europe you nigger. The eurocuck cattle are much much worse off and very dependent on the state.
80% of eurocucks will side with the state in any crisis situation.

[Anonymous No.28509726]

>>28494704
name one that works

[Anonymous No.28509946]

I hope i don't get caught

[Anonymous No.28510646]

>>28494648
You need to pay the free change sex cirurgy for the trannies

[Anonymous No.28511228]

>>28507275
You're not taxed on your initial money again you idiot, you're taxed on what extra your money has earned while you did nothing

[Anonymous No.28511767]

Taxes are a way to keep poor people poor and prevent upper middle America from entering into the rich class.

[Anonymous No.28511831]

Do americans really pay 30% over their entire portfolio when they cash out? I thought netherlands was bad

[Anonymous No.28511930]

I still don't really understand the strategy that involves taking out loans against your crypto assets.
wouldn't you ultimately still need to pay back that loan?

[Anonymous No.28511953]

has anyone ever actually cashed out? I keep seeing 7 figure portfolios but noboy can spend it

[Anonymous No.28512021]

>>28494648
>30% tax
are you a burger? Assuming you held longer than 1 year, long term cap gains tax is 20% at most, and it can be lower if you plan smarter.

[Anonymous No.28512098]

>>28509946
same

[Anonymous No.28512110]

>>28499875
>just get Waco'd goyim
Kill yourself.

[Anonymous No.28512181]

>>28511767
>etfs give 10% gains a year
>3% to inflation
>30% in taxes

Never paying taxes.

[Anonymous No.28512183]

>>28511831
worse, we pay up to 37% on short term gains, that means EACH trade that is a gain and isn't from a long term hold is taxed up to 37%; and yes that means crypto to crypto as well

[Anonymous No.28512269]

>>28512183

[Anonymous No.28512341]

>>28511767
The income tax is the biggest "Fuck you" our government has ever done. The entire process they went about putting it in place was kiked to hell and back. That should have caused a second revolutionary war.

[Anonymous No.28512462]

>>28512269
exactly, up to 37%

[Anonymous No.28512573]

>>28494713
that's right and the reason you don't do anything or have anything

[Anonymous No.28512598]

Poorfag who just started investing about 40 days ago here.

If I make $1000 off of my $1000 investment, which seems likely at this rate thanks to GRT skyrocketing, am I really paying 30% tax if I cash that out soon?

[Anonymous No.28512723]

>>28512598
yup. get fucked americuck

[Anonymous No.28512782]

>>28494704
quality bait (You)

[Anonymous No.28512909]

>>28494704
USA should refund all taxes collected for the last two decades then.
The physical and digital infrastructure is worse that third world shitholes.
How do burgers live like this while paying 60-80% taxes (payroll taxes are priced into your pay) and getting nothing back?

[Anonymous No.28512933]

>>28511831
Actually it's worse than that. Keep in mind that you have to pay both federal AND STATE taxes. Some unlucky fucks living in cities even have to pay a couple extra percentage points for a city tax

If I were to cash out the correct way I'd be paying about 35-40%. That said, if I hold for over a year then its more like 15-20%

[Anonymous No.28513024]

so this is why no one cashes out. But how come the rich can lobby to not pay taxes through loopholes?

[Anonymous No.28513086]

>>28512909
Someone has to pay for Shaniqua's kids, anon. It's your civic duty.

[Anonymous No.28513090]

>>28494973
USA demands taxes even if you do, and makes you pay hundreds of thousands to actually renounce your citizenship and tax obligations.

[Anonymous No.28513304]

>>28512598
No, it doesn't matter for amounts that low.

If you are a neet and earn less than $12k then you don't have to worry about taxes. If you are employed then that is considered part of your income if you cash out within a year. If you hold for a year you have to pay capital gains tax, which is 0% for amounts that low

You only really need to start worrying about taxes once you earn more than $40k from capital gains.

[Anonymous No.28513362]

>>28495313
You don’t even think what ”the government” is. It is a group of PEOPLE. An agreement, a contract among people of how things should be done and resources allocated. You are a part of this contract, willingly, as you seem to have a citizenship you could revoke if you really wanted to. No you don’t have any divine right to exist and live exactly where you are now. You’re only granted right to exist because those people around you allow you to, as it is part of the contract. You’re allowed to your share, your rights. It isn’t some distant entity making these rules that bind you, it is all the people you see around you. Go ahead and change the contract, propose a change to the system and way people live in where ever you live. You might find it hard, because other people around you might want and prioritize different things. Only way for you not to be ruled by those people is to move away from THEIR land willingly. It isn’t you land, it is theirs. You ask ”why?”, why not? You are allowed to exist only because you’re part of the contract. Go ahead and see what happens if you break it. Stop paying taxes, stop following he law. The people who own and rule the land together, will deal with you. Not ”government”, the people.

[Anonymous No.28513642]

>>28511930
Loans aren't taxed.
They never cash out, they take out a loan and invest it in something that ticks back for more than the loan payment, then they take out another loan off those assets and do it again. All the while their loans and repayments are business expenses. So by the time they have anything approaching normal taxes like you, they have tens of millions in assets.
This is also why they give themselves bailouts as soon as a real downturn hits, you've just gotta pay to keep them growing every wealthier while not being taxed.

[Anonymous No.28513684]

>>28513024
>rich
You answered yourself

[Anonymous No.28513897]

>>28494648
you should have voted for Trump he was trying to get the capital gains removed for plebs like us who are middleclass or lower net worth. Trump understood the capital gains tax is one of the biggest barriers for middle class advancement in wealth. along with inheritance tax. literally tools of the corrupt elite to make sure you stay oppressed while they feed their lobbyist supporters pet projects with your tax shekels

[Anonymous No.28514106]

>>28495829
no shit retard

[Anonymous No.28514196]

>>28494704
do they though? what if you live in portland or anywhere near the southern border where pic related is invading your back yard

[Anonymous No.28514494]

>>28495379
>>28494868
Anon Jewsa is a tax haven, hire a jewish CPA and tell him you want to legally pay 0 tax.

[Anonymous No.28514841]

>>28494713
Like half of that goes into killing brown children in the middle east, while the rest goes mostly towards government subsidies towards certain sectors (farming, oil), it barely goes to actual welfare programs.

[Anonymous No.28514862]

>>28513304
I'm not a neet but only make ~17k a year, I qualify for Medicaid and I think if I get into this like I am I will not get it and then pay huge taxes on top of it.

So if I just decide to pull out $1000 in profit tomorrow, I'm paying the fees, a little bit of tax and keep ~$750+?

[Anonymous No.28514890]

You expect niggers, kikes, and women to WORK!?! Oy veeeeeey! Pay your taxes, eat the bugs, and shut your goyhole!

[Anonymous No.28515131]

>>28513362
Except I was out of school before the legal age so part of this contract is the state providing a solution.
Furthermore as much as I wish I could being apatride is worse than paying crypto taxes.

[Anonymous No.28515247]

>>28513897
Yeah fuckin right he wouldn’t do shit

[Anonymous No.28515303]

>>28494648
>declaring your crypto gains instead of slowly leaking the profits into dispersed banks accounts over a few months

sneed more

[Anonymous No.28515347]

>>28515131
You are free to renounce your citizenship and move to some shithole country that doesn't tax crypto gains, you'll probably realize the problem with no taxation soon though.

[Anonymous No.28515422]

>>28494704

[Anonymous No.28515561]

>>28515347
You mean shitholes like Portugal or Germany?

[Anonymous No.28515724]

>>28494704
Kek it goes straight to the US and Israel's military funds.

[Anonymous No.28516447]

>>28494704
>arresting blacks 24/7
>infrastructure
based retard

[Anonymous No.28516579]

>>28504003
>At some point you're going to want to cash out to buy something
Go read the thread about never fucking selling.

[Anonymous No.28516592]

>>28494704
literally couldnt be more wrong lmfao fucking normie

[Anonymous No.28516861]

>>28497996
If you are a US citizen you still owe them the taxes regardless of residency

[Anonymous No.28516908]

>>28494861
Blacks?

[Anonymous No.28516938]

>>28494704
they really don't. they use a fraction of it on infrastructure. we could lower taxes to 10% if we just stopped giving trillions to other countries that dont need it.
>if I dont have control on what my taxes go to, it's theft.

[Anonymous No.28517122]

>>28503751
they pay chainalysis to do it, I'm guessing you're new to crypto if you don't remember this
https://www.irs.gov/newsroom/irs-has-begun-sending-letters-to-virtual-currency-owners-advising-them-to-pay-back-taxes-file-amended-returns-part-of-agencys-larger-efforts

[Anonymous No.28517715]

>>28494931
It all went to Israeli weapons programs and gay tranny programs

[Anonymous No.28518341]

>>28494704
Why should anyone do jack shit when

>Paid politicians
>Taxing my food purchases
>Taxing my work
>Gigantic abusive military and police industries
>Roads aren't maintained
>"infrastructure" is left to rot
>Flint water is polluted and didn't fix it
>No healthcare system.

[Anonymous No.28518463]

>>28517122
don't respond to these letters.

[Anonymous No.28518611]

>>28494648

Good bait thread

Buy CLF lol


$CLF
02/2021
>Biden says China will 'eat our lunch' if U.S. doesn't move on infrastructure

https://www.cnbc.com/2021/02/11/biden-says-china-will-eat-our-lunch-on-infrastructure.html

---------
$CLF
02/2021
>"New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1 percent to $493.5 billion, the U.S. Census Bureau reported today."

https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf

---------
$CLF
02/2021
>"US trade court dismisses challenge to Section 232 steel tariff"

https://agmetalminer.com/2021/02/04/this-morning-in-metals-us-trade-court-dismisses-challenge-to-section-232-steel-tariff/

[Anonymous No.28518979]

>>28518611
>>Biden says China will 'eat our lunch' if U.S. doesn't move on infrastructure
>Beijing Biden
>doing anything against Communist China

[Anonymous No.28519906]

>>28499794
you meant to say anti-commie cia plants retard

[Anonymous No.28520240]

>>28518611
Dude why are you fucking like this? can you at least get a trip so I can filter you?

[Anonymous No.28520376]

>>28494704
No we do, they hardly do anything except subcontract local companies and charge a 50-90% fee for this, is where most taxes go. That and nigger animals and over expensive healthcare. Anything that profits the Jewish essentially. Without government and their shitskin minions we’d be able to fund space elevators

[Anonymous No.28520549]

>>28494973
Africa is shit because of demographics, not government but even the government is heavily left wing so your tax argument still fails

[Anonymous No.28520602]

>>28494704
Oh so the government built all that infrastructure did they?
No, people did and the government taxed their labour too and now you give the government credit for it.
The absolute state of people
>pic related is your brain

[Anonymous No.28520640]

>>28496480
I don’t see hordes of white people fleeing to Africa to parasite the local population

[Anonymous No.28520781]

>>28494704
and yet Belgium still has its infrastructure hmm

[Anonymous No.28521152]

>>28505288
>>28505358
>>28505437
Based

[Anonymous No.28521380]

>>28494973
Israel it is then

[Anonymous No.28521471]

>>28495313
>yOuR aBiLiTy To SuRvIvE iS pRiVlEdGe

[Anonymous No.28521695]

>>28494648
>tfw if I cash out I get bumped up a tax bracked
REEEEEEEEEEEEEEEEE

[Anonymous No.28522221]

>>28497407
I hope you know that every time you swap a coin for another coin, that is a taxable event and you have to include that in your taxes for the year. If your capital gains makes your taxes owed more than 1k of what is estimated (or paid by an employer), you must pay quarterly payments. Everyone in here saying 30% gains tax is just throwing out a number. It's based on your tax bracket and whether the asset was held for more than a year.

[Anonymous No.28522431]

ITS MY MONEY AND IM NOT PAYING SHIT
REEEEEEEEEEEEEEEEEEEEEEEEEEEE
IM GOING TO PUT TRILLIONS INTO SHITCOINS AND CRASH THE ECONOMY

[Anonymous No.28523389]

Not paying federal income taxes is anti-semitic.
Not paying state taxes is racist against blacks.
I don't know where property taxes go so I'm not sure who it offends.

[Anonymous No.28523667]

>>28494973
The problem with that image is that the jew controlled government does not take a fair share and neither maintains society for me.
It takes the biggest share it possibly can and lets niggers rampage all day.

[Anonymous No.28523747]

>>28494704

[Anonymous No.28524008]

This thread made me do some research of crypto taxes and ALL of it is fucking bullshit. Literally everything you do with crypto is taxable, which is pure bullshit.

I am literally going to buy a laptop and only use it to trade crypto on binance via VPN. All of the BTC going to the laptop is going through a hardware wallet with a changing address. Fuck these bullshit taxes.

[Anonymous No.28524554]

>>28524008
Bro seriously, if you want to avoid taxes don't use CEX, check which chains the coins you are interested are available on, buy BTC/ETH or ATOM P2P after the 18th and trade on dex.
As soon as you use a CEX, since KYC is mandatory now, your entire blockchain transactions history can be followed.

[Anonymous No.28524593]

I've always been fascinated at how anti-taxation thought and libertarian ideas have been extraordinarily strong among Americans. You don't get sentiments this strong pretty much anywhere else in the world.

[Anonymous No.28524801]

>>28524593
I'm OP and I'm French

[Anonymous No.28525021]

>>28494648
They won't bail out your losses either. Unless you start calling yourself a bank I suppose.

[Anonymous No.28525217]

>>28524593
It is because this country was founded because of people who didn't want to pay taxes. Things were doing good until the Jews used WWII to infiltrate our society and make life hell for anyone who isn't a jew or was born into old money that existed before the jew takeover.

[Anonymous No.28525241]

>>28524801
Yep, but the vast majority here are mutts, I've lived in Europe and discussion on taxation is not nearly as heavily charged as it is in the States, and when discussed, it's almost never the idea of taxation itself in question but where it goes, whereas there has always been an undercurrent in America that has felt that all the taxation imposed from the early 20th century onward is illegitimate

[Anonymous No.28525282]

>>28525021
I nicked the XRP flare airdrop so hopefully FLR allows me to become my own bank

[Anonymous No.28525311]

I've never had to pay tax, what am I doing wrong?

[Anonymous No.28525413]

>>28525241
You've never lived in France my man, taxation is probably the third most heated subject here behind Islam and immigration and its the same 10% vs 90% who are in favor of.

[Anonymous No.28525755]

>>28512110
What's this I don't want to Google

[Anonymous No.28526043]

Burger here
It'd be great if my money funded modernizing the grid, getting fiber for all, housing for all, robust education, universal basic income, modernizing the infrastructure, universal healthcare, public elections, etc.
but no, we use that money to bomb sangniggers who knows where, salaries for the crook representatives in office, bail out stockkikes repeatedly, bail out failed corporations repeatedly, spy on ourselves, subsidize oil kikes, fund Israel's universal health care, etc.
For the former I'd unironically give out half my paycheck. These crooks can all go die