Post
Topic
Board Legal
Merits 1 from 1 user
Re: Do people have to pay taxes on Bitcoin?
by
richardsNY
on 17/07/2018, 18:40:26 UTC
⭐ Merited by darkangel11 (1)
Tax definitely a good for Any state but this is not the time to impose tax on BTC or any other cryptocurrency.

If you look at things from that perspective, when will it ever be a good time to impose tax on crypto? Every attempt by the government to impose tax is bad timing for you and me. Just admit it, no one likes to pay tax with how unfair everything is set up -- there is no one other than the state that benefits from tax income. I'm not much of a believer in the theory of governments using tax income within the country to benefit the country. Maybe that a small percentage of it is put to good use, but what about the rest? The far majority of our money is being put to work in places we don't want it to be put to work. I haven't seen much improvement where I live in the last 2 decades -- everything is going backwards real quick....