Post
Topic
Board Speculation
Re: Has anyone reported bitcoin capital gains or losses on their taxes?
by
BitMagic
on 01/11/2011, 14:29:12 UTC
You sir are a toolbag perhaps it's the world you live in but ever since the playground era (childhood for the fools) being a tattle tale gets you one thing - zero respect

I guess my fool life is over now that I don't have any respect from tax-evading scam artists and extremist libertarians.

People like miscreanity and Atlas are doing everything in their power to make it look like a community of conspiracy theorists and fools.

You forgot the important bit. Thieves. They're actually thieves.

No, a patch for a mess that existed because there was no patch.
The mess exists because the tax code as it stands is absurd. Unrealised losses and unrealised gains aren't symmetric; if you have an unrealised gain then you haven't seen a penny of the money and quite possibly never will so it makes sense not to pay tax on them, but unrealised losses mean you're actually out real money.

It's perfectly symmetrical, unless by symmetrical you meant uneven.