Post
Topic
Board Bitcoin Discussion
Re: Are you in support of paying your taxes in Bitcoin?
by
rockie87
on 13/03/2018, 05:00:01 UTC
Recently, Georgia is trying to pass a bill allowing payment of taxes in Bitcoin.

Bill GA-SB464 ?requires the state revenue commissioner to accept cryptocurrencies for payment of taxes and license fees.?
This allows for people in Georgia to pay their taxes and license fees in cryptocurrencies.

For more info on Georgia's stance, see https://stopthefud.wordpress.com/2018/02/24/georgia-bitcoin-taxes/

But do you think paying your taxes in Bitcoin will be a good thing for Bitcoin? Or is it another way the government is trying to take our Bitcoin?
If you want bitcoin to be legalised in every state than paying tax is the only way you can achieve it.Every individual,Who is earning money from whichever sources has to pay tax for their income and that is the way every country's financial system works.And I am totally in support of paying taxes in bitcoin.