What if the government agree to use crypto as an payment gateway but with tax.
Is it possible?
in Arizona State ,government allow people to pay taxes using bitcoin,same as Gergia whos considering this to their state,so if government given as a chance to use our coin to pay taxes.then why not give government a chance to collect taxes on crypto,every profiteering that made by people requires tax,coz if not it will be considered as illegal
I have paid my taxes through crypto for the previous year by cashing out (which gets taxed on again for gains) but it definitely stings seeing a huge difference in price a year later. It would be nice to be able to mine your tax bill though.