Post
Topic
Board Bitcoin Discussion
Re: Couple was forcibly ask by IRS to sell their crypto to pay their liabilities
by
Wexnident
on 25/06/2020, 03:53:37 UTC
Baffling indeed. I mean, they still have over $6m in crypto assets if they ever decide to pay their liabilities, so I don't really see a reason why not? Plus, the decision to be made is based on the "now" and not the future after all. Sure, we can invest in our future all we want and all of that, but only if we're on the safe for the present. At the very least, what I see is that it's not that they "aren't" able to withdraw but they "don't" want to withdraw their crypto funds. If the IRS actually approved the Petition before, they could've argued that it's in the agreement but sadly they didn't.

Are you saying it's a shame not to pay taxes? I haven't heard that one before Grin

They are rich and have enough money to pay and even after paying they are going to have 10 times more than most people since the average American family has almost no savings just loans but does it mean we should accpt the government is stealing from them?

Many of you say it's all fine because they have money. What if it were you? The tax man will first take from the rich and then from the poor, he doesn't care.
Well, it IS an agreement. Whether it be stealing or not, the moment they applied for a tax return but failed to pay it, they were bound by the agreement to pay the said amount + interest in the time frame that they didn't pay.