Is paying taxes off crypto gains even fair?

[Anonymous No.29747649]

I would understand if I was a medieval sef who used his master's land to grow crops and graze his cows, then he would be entitled to a tax.

But in case of crypto, I use a chink website and pay fees on my transactions and maybe sometimes I use my local bank to buy crypto with my credit card, for which I also pay a fee.

So, my government doesn't provide me with any means that would help me make money off crypto, nor it will share my losses with me, but I have give them a part of my gains.

I don't think it's fair. Maybe even unconstitutional.

[Anonymous No.29747889]

are taxes even fair?

[Anonymous No.29747927]

>>29747889
>are taxes even fair
I think yes, if the government provides you with the benefits and infrastructure to work and make money.

[Anonymous No.29747947]

>>29747649
If it's not voluntary, it's theft.

[Anonymous No.29748382]

>>29747927
What about when the government is forcing services on to me? We woukd think its bad if Walmart reps came to your door with the newest spin mop and held you at gun point to buy it.

[Anonymous No.29749042]

>>29747927
Taxes for infrastructure and Security? Sure. Taxes for everything else? Theft.

[Anonymous No.29749456]

>>29747649
yes, but what you gonna do?
so just suit yourself...

[Anonymous No.29749458]

>>29749042
>Taxes for infrastructure and Security? Sure. Taxes for everything else? Theft.

Yes, my gut tells me I don't own thrm anything on this. I realize taxes have to be paid to support all the agencies and shit, but I already paid taxes on the money I invested in crypto, so they are not getting anything more.

[Anonymous No.29749531]

>>29749456
>yes, but what you gonna do?
I don't know yet, maybe I'll buy real estate in Czeck Republic. I read they don't ask foreigners where their money came from there

[Anonymous No.29749952]

>>29749531
they do, i'd try portugal (azores) or slovenia, they have a sea access as a bonus.
why would you even want cz? serious question.

[Anonymous No.29750360]

>>29747649
Yes of course. Your tax dollars go to such benefits as:
Power outages.
Water boiling orders.
100 year old city lead lined water lines.
Fire fighting preventable forest fires.
Bombing Syria and other independent countries already fighting known terrorists.
Stationing troops inside countries without permission from leaders, against their wishes or formal declaration of war.
Repeatable investigations of US citizens who tried to run for public office, left public office, or have been associated in any form with those specific people.
Repeatable hearings if someone challenges the following: Finance systems, legal systems, voting systems, military actions, agency actions, campaign donations or feels were hurt.
Import of anyone who shows up at a your border. Without medical or criminal background information, during a pandemic, during a unemployment crisis, housing crisis, homeless crisis and where businesses are shut down.
Money for foreign aid in bills called "America first" "Help for American people" "Money only going to Americans".
Bail out for companies that were already dying 10 years ago.
Bail out for companies who have stood long and invested greatly to american politicians for the last 20 years.

Yes, your taxes are needed to help the american people.

[Anonymous No.29750676]

>>29747927
I think they're ok for infrastructure, security and common interest (say, medicine research).
Unfortunately most govs are corrupt and tax money goes to politicians pockets instead.
>>29747649
I don't think it's fair, OP. And I've heard this doesn't happen in some countries like Portugal.

[Anonymous No.29750938]

>>29749952
>why would you even want cz? serious question
But it's a lovely place, isn't it? I'm going there in May, God willing, if all restrictions are lifted. I was going to cash some of my crypto in Prague via rtwo-way atm and then bring back some cash (the max amount of cash you can havw when crossing the border in my country is 10 thous. Usd.

[Anonymous No.29751068]

>>29747649
Don't be a tard, pay your 30% to the gov and be happy. Maybe next time don't vote for someone who gives tax increases to the poor (you) and cuts them for the rich

[Anonymous No.29751159]

>>29751068
Fuck off lmfao. Imagine not having a community bank. Imagine not being able to easily socialize with their employees. Iv deposited 10,000 dollars in cash to a banker he didn’t waste my time by filing an forums to the IRS. Don’t use an American bank. There are plenty of banking service globally that will provide you with a debit card and not report your deposits to your IRS cause they don’t give a shit

[Anonymous No.29751239]

>>29747927
The state does not set taxes according to it's expenses.

It optimizes taxes to get the most from it's people.
Sometimes that means raising a tax.
Other times that means lowering a tax,
because taxes hinder economic activity and thus might reduce overall tax revenue.

[Anonymous No.29751595]

>>29751239
So, is it fair to require to pay taxes on crypto then?

[Anonymous No.29751617]

>>29750938
no, i am planning to move out, fren.
and restrictions are not going away soon.
actually, it's getting pretty worse, read the news, so be careful.
i'm not sure whether they will even let you come here...

[Anonymous No.29751871]

>>29750938
>cash some of my crypto in Prague
buy some spare sim, it's legal here so far to buy anon one, and cheap burn cell, 2nd hand from pawn shop is fine.
i've heard that these atms want your phone no (maybe just sometimes, don't know).
also it's limited to some sum, then it wants your id, not sure, just read it somewhere, better check it first.

[Anonymous No.29752010]

>>29751871
Thanks for the tip, I'll definitely get a burner phone.

[Anonymous No.29752022]

>>29747649
They collect taxes on gambling which is even more brutal than crypto so it shouldn't be a surprise.

[Anonymous No.29752053]

>>29749952
>slovenia, they have a sea access as a bonus.
topkek

[Anonymous No.29752117]

>>29751595
Maybe 5% max.

[Anonymous No.29752276]

>>29747927
taxes are immoral

[Anonymous No.29752378]

>>29752022
>They collect taxes on gambling which is even more brutal than crypto so it shouldn't be a surprise.

I thought about it too. Taxing profits from flipping a coin (and sometimes odds are even worse) is gay as fuck.

[Anonymous No.29752496]

>>29752117
>Maybe 5% max.

I'd be okay with 5%, providing they'd think out a an easy and lazy way of payment, without filling out gay tax forms. But in some places, like Aweden if I'm not mistaken, the taxes go as high as 30%

[Anonymous No.29752568]

>>29747649
not in the slightest in terms of crypto, the risk taken should equate it to gambling. but govt wants a pie of your hard work and stress.

3rd world yanks get a raw deal with nothing in return for their taxes in general tho.

[Anonymous No.29752788]

It shouldn’t be taxed until/unless you actually cash out of the crypto market and even then only if your gains are +$1,000,000

[Anonymous No.29752909]

>>29747649
You still use electricity, roads, government services etc etc etc.
Are taxed on crypto too high. Yes. But taxes are justified.

[Anonymous No.29753147]

>>29752010
it looks like the cell isn't mandatory in the end.
but some withdrawal limits propably apply, it depends on the company/atm.
also beware of the scammers in general, many such cases...
and in case you didn't know:
>https://coinatmradar.com/city/129/bitcoin-atm-prague/

>>29752053
yeah, just technically, but it's better than nothing and you can always go to croatia and still have residence in slovenia

>>29752117

[Anonymous No.29753214]

>>29747649
Why can't you write off GAS fees as losses?

[Anonymous No.29753248]

>>29752909
>You still use electricity, roads, government services etc etc etc.

But I'm already paying for them with taxes from my official job.

[Anonymous No.29753266]

>>29750360
cool it with the antisemitism

[Anonymous No.29753346]

>>29747649
>>29747889
>>29747927
>>29752276
Income Tax is immoral usury and its existence is an abomination.

[Anonymous No.29753362]

>>29753147
>>29752010
>https://coinatmradar.com/bitcoin_atm/11538/bitcoin-atm-general-bytes-prague-tea-bar/
>Limits and verifications:
>€0 – 1000 SMS verification
>€1001eur – 3000 ID scan verification
see? that's what i'm talking about.
so just go throught all of them and pick those that suit your needs.

[Anonymous No.29753490]

>>29753147
Yeah, I actually searched that site for atm's in Prague. Here, we don't even have two-way atm's, we can only buy. And no mobile phones without id. Throw in the great weather, architecture, food, beer and CZ looks a great place to burn your crypto gains.

[Anonymous No.29753497]

>>29747927
im 37 and ive never seen a doctor in my life and i paid $7000 in health insurance in 2020

fuck the government they don't do shit for us.

[Anonymous No.29753561]

>>29747947
too fucking right

[Anonymous No.29753621]

>>29753248
And? Now that you earned more money, you should also pay more taxes

[Anonymous No.29753770]

>>29753497
kek get an HSA dipshit.
You're literally throwing money away on a health insurance plan.

[Anonymous No.29753797]

>>29753214
Because you're paying money for a service.
It is not a loss.
It's an expense.

[Anonymous No.29753827]

>>29747927
>rips me out of the comfort of my house or car for smoking pot and throws me in a cage of violent criminals
>bans 90% of exchanges in my country
>uses all my money to bomb the middle east and throw people in jail for doing drugs in their own home

t-thanks white people heres all my money

[Anonymous No.29753903]

>>29753827
>white people
you mean jews, it's ok to name them here...

[Anonymous No.29753981]

>>29753490
if you are interested, check some of the honest guy's guides on yt
there are tons of that, he's a little bit gay af but he's got the valuable info

[Anonymous No.29753998]

>>29753621
>And? Now that you earned more money, you should also pay more taxes

I didn't earn them, I gambled on them and won. And the venue I won them at, doesn't even belon to our country.

But maybe you're rigth, and I'm just looking for an excuse.

[Anonymous No.29754063]

>>29753981
>>29753490
>https://www.youtube.com/c/HONESTGUIDE/videos?view=0&sort=p&flow=grid

[Anonymous No.29754100]

>>29747927
and then redistributes 50% of your hard earned money to people who don't want to work
https://www.youtube.com/watch?v=OwORgGYKPrk

[Anonymous No.29754103]

>>29753981
>there are tons of that, he's a little bit gay af but he's got the valuable info

Yes, I'm subscribed lol. Janik his name, if I remember it correctly. Speaks pretty good English, too.

[Anonymous No.29754354]

>>29754103
be sure to hit some shooting ranges if interested.
ofc if they are gonna be open.

[Anonymous No.29754369]

>>29747649
to trade crypto you have to understand english, to understand english you had to go to school, to have been in school you would've needed to go via roads... do you see where I am going with this or do I have to lead your ass out of jail physically?

[Anonymous No.29754384]

>>29747649
Taxes are theft and I havent paid them in over 12 years

[Anonymous No.29754570]

>>29753998
you still pay taxes on stuff like gambling and lotteries

[Anonymous No.29754625]

>>29751068
implying your vote matters

[Anonymous No.29754787]

>>29749952
Azores is nice. I wish I could live there.

[Anonymous No.29754920]

>>29754787

[Anonymous No.29754949]

I thought the whole point of crypto was to be anonymous

Seems like little stupid if you have to do KYC and AML and get your gains reported automatically

[Anonymous No.29755073]

>>29749042
agree with this

[Anonymous No.29755103]

>>29754369
Ask me how I know you get checks from the government.

[Anonymous No.29755136]

>>29752909
all of that could easily be done in the private sector and more efficiently too

[Anonymous No.29755151]

>CRYPTO IS THE FUTURE! TOTALLY ANONYMOUS TRANSACTIONS! SMART CONTRACTS!
>*has to pay tax to pedophile bankers*

[Anonymous No.29755154]

>>29754369
>muh roads
>the government built some roads 50 years ago and you owe them money forever
>the electric company provided you with electricity while growing up, so even though your parents already paid for it you still owe money to the electric company for the rest of your life
>the farmer from bumfuck nowhere provided you with food, now you need to pay 30% of your income to him
>the chinks manufactured the computers that allowed you to learn a lot of the things that you know now, some of your taxes are now owed to the PRC
>your mom belched you out of her cunt so now you owe pussy tax for the rest of your life

[Anonymous No.29755187]

>>29753561
Lysander Spooner was a smart, smart fellow.

[Anonymous No.29755195]

Maybe if there was goddamn universal healthcare.

[Anonymous No.29755335]

>>29754369
why do statist cucls love roads so much and believe only governments arencapable of pouring a mix of asphalt and concrete into the ground as if it were some sort of rocket science?

[Anonymous No.29755375]

>>29747649
>Bu-but mr tax man! I worked 80 hours and had to use the money to pay my mortgage, so I didn’t actually receive it.

Niggin n nogging

[Anonymous No.29755500]

>>29747927
>if the government provides you with the benefits and infrastructure to work and make money.
>IF
THEY DON'T, THEY SHUT IT ALL DOWN, THE INFRASTRUCTURE IS ROTTING
YOUR SAVINGS ARE BEING DRAINED OR TURNED TO SHIT

[Anonymous No.29755553]

>>29754369
you know that schools and roads are paid with local and state taxes right?

also, you're a fucking retard to think that we need the government to learn English you absolute faggot

[Anonymous No.29755698]

>>29755553
let alone believing that to understand the indudtry you need english. delusional. literally every single whitepaper is translated into different languages

[Anonymous No.29755994]

>>29755335
ironically it's not even the government doing that. It hires companies to do it. The government only has a monopoly on the land and on the power to decide where and when are roads built

[Anonymous No.29756019]

You're not getting around paying taxes anywhere you'd want to live, but you have probably a few years to play fuck fuck games with the IRS and only pay capital gains when you take cash out before they start making it a point to trace wallets and shit as a rule.

[Anonymous No.29756101]

>>29756019
How will they prove who owns which wallet?

[Anonymous No.29756206]

>>29754787
sure, but a little bit cold, dep. on the season of year. hurricanes suck too.
i like that it's much greener and humidity is higher than on canary islands for example.
still much better than central europe i guess...

[Anonymous No.29756289]

>>29756101
if you do shit like
>buy or sell btc with your real name attached

[Anonymous No.29756410]

>>29756019
>only pay capital gains
I was pleased to find out I live in a place that lets you write GPUs for mining crypto off in taxes as investments, as long as I keep my investments balanced with sold BTC I don't pay taxes lmao

[Anonymous No.29756454]

>>29756289
People would just adapt. I think they'd buy a crypto and then immediately move it out to an anonymous wallet and do transactions there.

[Anonymous No.29756577]

>>29756101
I don't know but that's why you have a few years probably.

[Anonymous No.29756625]

>taxes
>fair
You apparently aren't aware of tax loopholes. Verizon corporation made 8 billion dollars in 2010, they still had a negative tax rate. As in they actually received more money from tax payers, while not paying any taxes themselves. You little goyim pay through the nose, give us 30% of your earnings. But huge multi billion dollar corporation? Nah, they get a free pass. Oh and some of your money, you little slave.

[Anonymous No.29756677]

>>29756577
If you don't know how they'll do it, then how do you know it's a few years away?

[Anonymous No.29756731]

>>29756454
>I think they'd buy a crypto and then immediately move it out to an anonymous wallet
not everyone is as tech savvy as we are, a lot of people got caught when the dark web market places got busted because they had made transactions directly to the market BTC account, which when taken control by law enforcement they could match those addresses against the information from the places people buy BTC with their real name and get a list of suspects, literally thousands of names

[Anonymous No.29756795]

>>29747649
we shall push hard for tax transparency (cryptographical proof of where the funds go, have the state create public wallets for their services, and see where the funds go on the institution level)

[Anonymous No.29756806]

>>29756625
imagine paying taxes to the minecraft mods

[Anonymous No.29756910]

>>29756795
AHAHAHAHAHAHAHHAAHAHA

[Anonymous No.29756999]

>TFW portuguese so I don't have to pay capital gains on crypto
Get fucked, SMG

[Anonymous No.29757250]

>>29756999
even if you sell them after making a profit on them?

[Anonymous No.29757265]

>>29756795
never gonna happen, guess why
yes, they'd shit in their own nest

>>29756999
any thoughts on azores, 999?

[Anonymous No.29757528]

>>29747649
You use infrastructure that is maintained with tax dollars. Government also provides for your defense with millatry.

[Anonymous No.29757734]

>>29757250
Do you know what capital gains is?

[Anonymous No.29757844]

>>29747649
i refuse to pay taxes on crypto. aside from it being unfair for the reasons you mentioned, they make it impossible. i'm not going to manually calculate gain/loss on every trade on 50 different shitcoins on 8 different exchanges. sorry, kikes. the only tax you might get is (((kyc))) --> monero.

[Anonymous No.29757962]

>>29747649
The whole point of crypto was to avoid dealing with existing financial constitutions.

The fact that cryptocucks let themselves get taxed and cream their panties over shit like mastercard and various payment processors accepting cryptos proves that the whole thing is just a big LARP.

[Anonymous No.29757978]

>>29757250
are you dumb?

[Anonymous No.29758885]

>>29757734
>>29757978
why are you not answering the question? mining bitcoin where I live is capital gains but you don't pay taxes on them when you mine them, even if you sell, unless they increased in value between you getting them and the sale

[Anonymous No.29759030]

>>29747649
of course it's not fair. but if you had a triple digit IQ you would realize you don't need to pay taxes on crypto.

[Anonymous No.29759373]

>>29756910
>>29757265
yeah we will have to fight, like the french did in 1789, except the state now have an organized army lmao

[Anonymous No.29759446]

>>29750360
How are we not getting another Hitler. Are they nervous? They must be nervous.

[Anonymous No.29759621]

There are no fair taxes, retard

[Anonymous No.29759707]

>>29747927
Government can suck on my asshole mate.

[Anonymous No.29759985]

>>29747889
no.

[Anonymous No.29759991]

>>29747649
I'd molest her

[Anonymous No.29760015]

>>29759446
They put controls in place to make sure of that.

[Anonymous No.29760085]

>>29755151
All you have to do is use monero instead of transacting in lublic like a retard

[Anonymous No.29760121]

>>29747649
>Is paying taxes even fair?
of course not. it's a protection racket on a bigger scale

[Anonymous No.29760365]

>>29754369
my parents taught me english. if anything, public schooling and being forced to share air with drooling retards like yourself was a hindrance

[Anonymous No.29760652]

>>29759446
I am the next Hitler.

[Anonymous No.29760716]

>>29750360
no brotherhood among americans anymore. everyone hates everyone else. i cant see a timeline where americans can rally together for a cause again. unless the next hitler DOES rally everyone behind a cause, i just cant see it taking place anytime in the near future.

[Anonymous No.29760777]

>>29758885
I don't know what bumfuck jurisdiction you live under, but that's not how capital gains tax works

[Anonymous No.29760875]

>>29747649
the reality is taxes only mattered when the nation was homogenous and the FED didnt exist. now that america is a mudslime shithole, and the FED printer go BRR, taxes are objectively useless. NONE of our taxes go to anything they say it does. none. taxation is nothing but a form of control over the sheeple.

[Anonymous No.29760886]

>>29747927
>>29749042
>benefits
nothing you wouldn't get orders of magnitude cheaper and better quality. if taxes were beneficial, they wouldn't have to be forced at a gunpoint
>infrastructure
even muh roads started as a private initiative
>security
to protect a pack of niggers from you defending yourself or your property, as recent BLM chimpouts have shown?

[Anonymous No.29760907]

>>29747927
nope, virtually none of your capital gains taxes go to this. Also the US ran fine for many decades with NO taxes except corporate.

[Anonymous No.29761629]

>>29747649
yes, it's fair. if you hold then you will pay even less taxes than minimum wage workers. the fact that you're so bothered by taxes means you're a massive poorfag and you should just go fuck off and live off the land, since that's what you want

[Anonymous No.29761764]

>>29747649
You're apparently supposed to pay taxes on Craigslist sales. Fuck that.

[Anonymous No.29761995]

>>29761764
lmao who would even report a private barter