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Menno Reitse Bouma · 4w
Relax. Under the current system we already owe taxes on bitcoin, stocks, bonds and other assets each year even if nothing has been sold. Its currently not solely based on changes in asset values, bu...
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sister_sam @sister_sam
Maybe in your country but not in the US. Again how the hell would they even compute this? Average price, higest price, something else? And once they had taxed it once would they keep on taxing that same batch of BTC? How would they know it is the same?
Menno Reitse Bouma · 4w
I havent studied the new proposal (apparently its for 2028 but still needs to be approved into law). Under the current system, you declare your assets in your yearly tax filing. You can of course try to leave certain assets out, but that would be illegal and the tax filing program is pre-filled more...