Post
Topic
Board Economics
Re: Things getting interesting once we past $100
by
Bitobsessed
on 27/03/2013, 14:12:55 UTC
How do I avoid uncle sam to stick its hand in my cookie jar and takes the tax share?
What if I don't report it?


Face to face trades.

Of course, not paying your share into a system that you benefit from makes you a freeloader (or at the very least a leech).
I'll gladly pay the transaction fees/withdrawal fees of trading my bitcoins into USD and then transfering USD to my bank account.
I'm paying  my share to the system I benefitted from, BTC that is. I didn't benefit from USD.
So you don't use roads?  You don't take advantage of the electrical grid?  You aren't protected by the US army?  You won't receive social security?

/devilsadvocate

No, I will never see my social security.  And I have worked hard for a long time only to give money to freeloaders.  It's my turn now.