Post
Topic
Board Economics
Re: Bitcoin holders will have to pay their tax?
by
Ahimoth
on 18/12/2018, 15:27:26 UTC
What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.

Trade profits are already being taxed. Crypto tax already exist. It's part of a needed regulation that could actually help increase adoption contrary to your statement. You can't expect to make profit and not pay taxes.

When we pay taxes, I just hope that it will never be on the hands of some greedy persons. It is really okay to pay but hey, some reasons are just nonsense. We also want to help one another by engaging on some charitable program.
Governments, also have a lot of budgets so they won't bother.
as long as it is used for people's prosperity, I have no problem paying taxes according to the rules. but sometimes there are some people who abuse, of course the government must also think of ways to prevent it, so that public trust increases and they are aware of paying taxes voluntarily
tax payment actually back to us too.government use tax money to provide public facilities and infrastructure.so why we should be affraid if bitcoin holder have to pay taxes.
that was the government purpose why they attract taxes for bitcoin and cryptocurrency holder.to make their country become prosperous was main goal , so they need alternative income source.
If the bitcoin holder is paying taxes then surely the government will oppose a law about and possible they will get a higher tax for bitcoin. But the advantage of paying taxes of bitcoin holder is they used the collected tax as fund for the community needs or to build that can help to a lot of people.