Bitcoin is tax free! - page 2. | Bitcointalksearch.org

oblivi

hero member

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Quote from: EFS on January 21, 2015, 06:06:34 AM

Quote from: waaat? on January 21, 2015, 06:02:39 AM

Quote from: EFS on January 21, 2015, 06:00:02 AM

Quote from: waaat? on January 21, 2015, 05:43:06 AM

tax to exchanges 0.25% for every transaction + withdrawal fees

then tax for tx

and then like mentioned above indirect tax by inflating it

- so there is a lot of tax and fees associated with btc too -

It's not tax. It's processing fee.

Taxes are fees too for using the infrastructure and being protected by the military.

But fees are not taxes. You pay fee for a (private) service, not for (public) government.

It's neiter a tax or a fee, it's a joke! It's so cheap it's just ridiculous (unless you want fast ass transactions so you have to up your fee tho).

LiteCoinGuy

legendary

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In Satoshi I Trust

lol, that crazy dude again Grin

!

"9/11 TERROR ATTACK!! MAKE SURE YOU TURN OF THE LIGHT WHEN LEAVING THE HOUSE! BITCOIN AND GHANDI WILL WIN!"

aztecminer

legendary

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Quote from: MineForeman.com on January 20, 2015, 10:04:21 PM

All fiat money is tax free as well if you don't pay your taxes.

Jail will be a likely consequence in all cases though (including bitcoin).

http://www.newsmax.com/Finance/IRS-US-tax-foreign/2014/08/06/id/587148/

"President Obama, as promised, is changing America. High taxes and abusive enforcement are compelling businesses and ordinary citizens to leave the country altogether. The United States has much higher corporate tax rates than other industrialized countries do, and increasingly, the IRS uses more aggressive enforcement tactics than foreign tax authorities use."

i am a firm believer that the usa needs a magna carta. the IRS 'interest to infinity' massively high taxes and fines is *DEBT SLAVERY* starting with the usa-interest-to-infinity-school-loan-scheme and now the obama-irs-scheme-care . the irs is being used as a political weapon now and needs to be completely abolished due to the corruption and abuse.

BitBlitz

sr. member

Activity: 285

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Turning money into heat since 2011.

I'm loking forward to:

Quote from: ijphlrnxewho on January 20, 2015, 09:25:17 PM

Bitcoin is Actor_Tom_Truong free!

lolx

newbie

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So why they charges transaction fee!!....haha Grin

countryfree

legendary

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Your country may be your worst enemy

Quote from: ijphlrnxewho on January 20, 2015, 09:25:17 PM

Bitcoin is tax free!

Bitcoin is protected by militia groups all over the world. Small businesses don't have to pay taxes to militia groups if using Bitcoin.

Good to know! Thanks for info, man.
By the way, could you please give the toll-free phone number of that militia group, so that I can request their assistance in case some government pigs want to tax my BTC?

Gervais

sr. member

Activity: 366

Merit: 250

Quote from: ijphlrnxewho on January 20, 2015, 09:25:17 PM

Bitcoin is tax free!

Bitcoin is protected by militia groups all over the world. Small businesses don't have to pay taxes to militia groups if using Bitcoin.
However, they must pay taxes if they convert their Bitcoin to the USD.

Yeh, I'm sure the judge will buy that excuse when you're sat in court for tax evasion. You have to pay taxes on bitcoins if you earn them as a wage and I'm pretty sure there are other situations where you will have to too. Each country will have different laws in that respect so it's best checking before following some random persons advice on the internet.

madmax6688

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Quote from: EFS on January 21, 2015, 06:06:34 AM

Quote from: waaat? on January 21, 2015, 06:02:39 AM

Quote from: EFS on January 21, 2015, 06:00:02 AM

Quote from: waaat? on January 21, 2015, 05:43:06 AM

tax to exchanges 0.25% for every transaction + withdrawal fees

then tax for tx

and then like mentioned above indirect tax by inflating it

- so there is a lot of tax and fees associated with btc too -

It's not tax. It's processing fee.

Taxes are fees too for using the infrastructure and being protected by the military.

But fees are not taxes. You pay fee for a (private) service, not for (public) government.

Those fees eventually end up in some government's pocket due to their tax demands on the institution that took the fees in the first place.

EFS

staff

Activity: 3822

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Crypto Swap Exchange

Quote from: waaat? on January 21, 2015, 06:02:39 AM

Quote from: EFS on January 21, 2015, 06:00:02 AM

Quote from: waaat? on January 21, 2015, 05:43:06 AM

tax to exchanges 0.25% for every transaction + withdrawal fees

then tax for tx

and then like mentioned above indirect tax by inflating it

- so there is a lot of tax and fees associated with btc too -

It's not tax. It's processing fee.

Taxes are fees too for using the infrastructure and being protected by the military.

But fees are not taxes. You pay fee for a (private) service, not for (public) government.

madmax6688

full member

Activity: 215

Merit: 100

Until you sell your bitcoin and get hit by the US government if you lie there, asking where the sudden cash originated from.

waaat?

full member

Activity: 574

Merit: 104

Quote from: EFS on January 21, 2015, 06:00:02 AM

Quote from: waaat? on January 21, 2015, 05:43:06 AM

tax to exchanges 0.25% for every transaction + withdrawal fees

then tax for tx

and then like mentioned above indirect tax by inflating it

- so there is a lot of tax and fees associated with btc too -

It's not tax. It's processing fee.

Taxes are fees too for using the infrastructure and being protected by the military.

EFS

staff

Activity: 3822

Merit: 2123

Crypto Swap Exchange

Quote from: waaat? on January 21, 2015, 05:43:06 AM

tax to exchanges 0.25% for every transaction + withdrawal fees

then tax for tx

and then like mentioned above indirect tax by inflating it

- so there is a lot of tax and fees associated with btc too -

It's not tax. It's processing fee.

waaat?

full member

Activity: 574

Merit: 104

tax to exchanges 0.25% for every transaction + withdrawal fees

then tax for tx

and then like mentioned above indirect tax by inflating it

- so there is a lot of tax and fees associated with btc too -

Agestorzrxx

sr. member

Activity: 462

Merit: 250

It's not tax free.
When you buy something, it would be taxed, no matter which pay way you chose.

deine mudder

newbie

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Bitcoin is taxed with 10% a year with indirect tax via the inflation.
The tax is paid to the miners.

chronicsky

legendary

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Just looking for peace

Obviously Bitcoin is tax free , but not actually , when you buy bitcoin you pay tax , if you cash it , you pay tax.
If you're a miner(ammmm these days? ) , you surely paid tax on the machine.
so it really ain't tax free unless untill you're just earning it online and not cashing it out. you cash it ,you pay tax
so how exactly is it Tax Free? Huh

Dread Pirate Roberts

sr. member

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bitcoin will never have a tax later . and we will never feel it

TrailingComet

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Easy on the weed, buddy..

MineForeman.com

legendary

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All fiat money is tax free as well if you don't pay your taxes.

Jail will be a likely consequence in all cases though (including bitcoin).

TCM

sr. member

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Alcohol is bad, mmkay?

Topic: Bitcoin is tax free! - page 2. (Read 11646 times)