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Topic: I didn't pay capital gains tax on bitcoin sales to IRS today - page 10. (Read 24100 times)

full member
Activity: 200
Merit: 100
Another government shill spouting mis-information.  How do you shills sleep at night?  

http://en.wikipedia.org/wiki/The_Grace_Commission

"With two thirds of everyone’s personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the federal debt and by federal government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services [that] taxpayers expect from their government."

Do you really think anything has changed?

Not one red cent of the income tax goes to benefit any American whatsoever.  It goes back into the banksters pockets.  All by design.  

...Where it is used to foment wars for profit...  

That's what central banks do... enslave nations with debt through fomenting, then funding wars.  That's what you're supporting when you send in that check to the private criminal organization known as the Federal Reserve & their collection agency the IRS.



Interesting, you are referring to the results of a commission that presented its report more than thirty years ago. It's a little bit old evidence.

Just to clarify how taxes work, here is some additional info for you, released by the National Priorities Project, an American non-governmental organization founded in 1983. NPP’s mission is to make federal budgets transparent and accessible so that citizens can engage in overseeing and influencing how their tax dollars are spent.

Source: http://en.wikipedia.org/wiki/National_Priorities_Project

According to the report total federal tax revenues in fiscal year 2014 are projected to be $3 trillion. These revenues come from three major sources: income taxes paid by individuals, accounting for 46 percent of all tax revenues; payroll taxes paid jointly by workers and employers, accounting for 34 percent; and corporate income taxes paid by businesses, making up 11 percent.

Source: http://nationalpriorities.org/budget-basics/federal-budget-101/revenues/

In fiscal year 2014, the federal government will spend around $3.8 trillion. [...] The U.S. Treasury divides all spending into three groups: mandatory spending and discretionary spending and interest on debt. Interest on debt, which is much smaller than the other two categories, is the interest the government pays on its accumulated debt, minus interest income received by the government for assets it owns.

This is where the spending will go:



Source: http://nationalpriorities.org/budget-basics/federal-budget-101/spending/alt/?utm_expid=84498401-5.1T2lB6d5SEmMcoN-3M_tZA.1&utm_referrer=http%3A%2F%2Fnationalpriorities.org%2Fanalysis%2F

If you want, you can also see how taxes were used in previous years, by accessing the public budget that you can find on the pages of the same website.

In any case, I am not going to participate in this debate anymore, OP in his last post showed how little respect he has for the freedom to express your own thoughts. I was trying to create a constructive debate together with other users here but reading about "the stupidity of people", "morons", "food source" simply demonstrate how little you guys are interested in a fair exchange of ideas and opinions.
legendary
Activity: 1120
Merit: 1003
In other words, all individual income tax revenues are gone before one nickel is spent on the services [that] taxpayers expect from their government."

Do you really think anything has changed?

Not one red cent of the income tax goes to benefit any American whatsoever.  It goes back into the banksters pockets.  All by design.  

Somehow my roads and bridges are getting repaired, snow is being plowed, my library is open and lending books and videos, my water works, my sewer works, my court systems are functioning, police are responding when needed, fire engines are putting out fires, etc. etc.

If none of that is being paid for, then I guess I'm happy everyone is working for free for me.  Roll Eyes


Roads/bridges are paid for by gas taxes.

Sewer & library is paid for by city taxes.

Water is paid for by you.  Did you miss your water bill?

Local police, fire, and courts are all paid for by city/state taxes.

Not one red cent of the income tax goes toward any of those things.  Another brainwashed lemming!


The stupidity of people is breathtaking. These morons think that roads and bridges require extorting money out of people or no one would build them. Nevermind that the free market has put a smartphone in everyones' pockets, or that the free market can bring us food from all over the planet, we need government to extort money from us to pave roads?

The free market can create, market, and sell to even the poorest of people smartphones, but these morons think that without government, no one could could figure roads out??

Seriously, you statist morons embarrass yourselves. Its to the point that the rest of us need to consider you as a food source because you're too stupid to be considered human beings anymore.
hero member
Activity: 632
Merit: 500
In other words, all individual income tax revenues are gone before one nickel is spent on the services [that] taxpayers expect from their government."

Do you really think anything has changed?

Not one red cent of the income tax goes to benefit any American whatsoever.  It goes back into the banksters pockets.  All by design.  

Somehow my roads and bridges are getting repaired, snow is being plowed, my library is open and lending books and videos, my water works, my sewer works, my court systems are functioning, police are responding when needed, fire engines are putting out fires, etc. etc.

If none of that is being paid for, then I guess I'm happy everyone is working for free for me.  Roll Eyes


Roads/bridges are paid for by gas taxes.

Sewer & library is paid for by city taxes.

Water is paid for by you.  Did you miss your water bill?

Local police, fire, and courts are all paid for by city/state taxes.

Not one red cent of the income tax goes toward any of those things.  Another brainwashed lemming!
member
Activity: 63
Merit: 10
In other words, all individual income tax revenues are gone before one nickel is spent on the services [that] taxpayers expect from their government."

Do you really think anything has changed?

Not one red cent of the income tax goes to benefit any American whatsoever.  It goes back into the banksters pockets.  All by design.  

Somehow my roads and bridges are getting repaired, snow is being plowed, my library is open and lending books and videos, my water works, my sewer works, my court systems are functioning, police are responding when needed, fire engines are putting out fires, etc. etc.

If none of that is being paid for, then I guess I'm happy everyone is working for free for me.  Roll Eyes
legendary
Activity: 1120
Merit: 1003
Seven pages in and no one has proven that I owe the IRS anything for capital gains.

That's because they have no idea what private keys I possess.

You have to tell us something more to give you an answer. Tell us something about the way you get your income and the way you spend your money.



HAHA...I missed that because I already had him ignored. Busted yourself, botolo!  Grin

hero member
Activity: 632
Merit: 500
Seven pages in and no one has proven that I owe the IRS anything for capital gains.

That's because they have no idea what private keys I possess.

You have to tell us something more to give you an answer. Tell us something about the way you get your income and the way you spend your money.

botolo86 is a government shill working for the IRS.

Take anything he says in that light.
hero member
Activity: 632
Merit: 500
As much as I dislike the government/I.R.S., the OP is probably middle to upper class and if he/she paid the taxes it would be used in part almost entirely for Social Security which goes to the elderly and disabled. to pay the interest on Treasury bonds so the stockholders in the Federal Reserve can receive their 6% annual dividend on all US Dollars in existence.

There, fixed that for you..





Another government shill spouting mis-information.  How do you shills sleep at night?  

http://en.wikipedia.org/wiki/The_Grace_Commission

"With two thirds of everyone’s personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the federal debt and by federal government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services [that] taxpayers expect from their government."

Do you really think anything has changed?

Not one red cent of the income tax goes to benefit any American whatsoever.  It goes back into the banksters pockets.  All by design.  

...Where it is used to foment wars for profit...  

That's what central banks do... enslave nations with debt through fomenting, then funding wars.  That's what you're supporting when you send in that check to the private criminal organization known as the Federal Reserve & their collection agency the IRS.

full member
Activity: 200
Merit: 100
As much as I dislike the government/I.R.S., the OP is probably middle to upper class and if he/she paid the taxes it would be used in part almost entirely for Social Security which goes to the elderly and disabled. to pay the interest on Treasury bonds so the stockholders in the Federal Reserve can receive their 6% annual dividend on all US Dollars in existence.

There, fixed that for you..



sr. member
Activity: 392
Merit: 250
As much as I dislike the government/I.R.S., the OP is probably middle to upper class and if he/she paid the taxes it would be used in part almost entirely for Social Security which goes to the elderly and disabled. to pay the interest on Treasury bonds so the stockholders in the Federal Reserve can receive their 6% annual dividend on all US Dollars in existence.

There, fixed that for you..

Right, You all are so certain.
For the most part new debt is used to pay old debt.
Taxes go to alot of things.
Repayment of the ssa debt is one of them.
The government shoulda kept their hands out of the ssa cookie jar.
sr. member
Activity: 347
Merit: 250
As much as I dislike the government/I.R.S., the OP is probably middle to upper class and if he/she paid the taxes it would be used in part almost entirely for Social Security which goes to the elderly and disabled. to pay the interest on Treasury bonds so the stockholders in the Federal Reserve can receive their 6% annual dividend on all US Dollars in existence.

There, fixed that for you..
sr. member
Activity: 392
Merit: 250
Robin hood gave the money to whom it was stolen from by outrageous taxes in the first place. You wish to give the money to people that never owned it based on your morality of who should have the money.

Yes OP is much closer to RH.
Robin Hood stole from the rich and gave to the poor.
The U.S. Government taxes the rich and gives to the poor.
We could embrace the alternative to social welfare, that is desperation/prostitution/robbery/muggings.
People will be robbed by poor/disabled people and they will outnumber by MANY.
The number of poor/disabled would be greater than all the jails combined could hold.
Also, jails cost money too, it would just shift the social welfare.
It is important to keep in mind, People who get Social Security paid into it, and are simply receiving what they paid for.
The U.S. government borrowed from Social Security when times were good now they are paying it back when times are less good.

Ehmmm....This is not quite right as you think it is.

The system is rotten at its core.
The I.R.S and Social Security are in the US.
The link is a UK related article.
Whenever a good thing exists people will always abuse/misuse it.
The internet is a good example, it is a great thing that provides knowledge/opportunities and people use it for evil.

full member
Activity: 141
Merit: 116
I hope you get caught
I hope the exact opposite. I watched Robin Hood the other day (the Disney version) ...

You do realize the I.R.S. is more like Robin Hood in this situation.

As much as I dislike the government/I.R.S., the OP is probably middle to upper class and if he/she paid the taxes it would be used in part for Social
Security which goes to the elderly and disabled.
Those who are not disabled/elderly and simply choose not to work probably don't deserve handouts.

If he/she is dodging taxes he/she probably isn't giving anything to any charity.

Ehmmm....This is not quite right as you think it is.

The system is rotten at its core.

legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
Don't drop the soap  Grin

Yeah, because rape is really funny when it happens to a man right? hahahaahahaha

That is an apt handle you have chosen.

hero member
Activity: 632
Merit: 500
Let me say that I find this discussion pretty interesting. One additional concern that I have on the position of OP is the following one.

We can follow the belief of OP or have other opinions but I think we all want Bitcoin to succeed for different reasons. My concern is that if Bitcoin is seen as having as a main advantage the one to allow people to dodge taxes and hide their money, Bitcoin will fail because Government will highly regulate it. Unfortunately, Government has ways to completely kill Bitcoin, if they want to. They can start heavily taxing miners, they can ask for licenses for exchange platforms, they can expand criminal laws (terrorists may exchange money via Bitcoin), etc. And most likely the position of Government would be shared by most of the people: "what is this new tool that allows you to hide money? Why do you need to hide money? Do you have something to hide? Are you a terrorist? Are you a mafia guy?", etc.

We should focus, instead, on the technology aspect of Bitcoin, show to people why Bitcoin can benefit everyone: lower transaction fees mean that stores may give discounts, instant transfer means that you can send money to your family in another state or country with no delay, etc.


Don't be so damn ignorant.  No matter what the Bitcoin community does, central banks will use every tool at their disposal to kill or co-opt Bitcoin.

It's in direct competition with fiat.  Without fiat, they can't steal the wealth off the world.

There is no appeasing them.  

There is no trying to abide by their new & retroactively applied regulations.  

The only solution is to simply ignore them!

And one of the biggest selling points of Bitcoin & crypto currencies is the ability to ignore them, conducting business outside of the fiat scam system.

SHOUT it from the housetops.  There's now a way out!  

Any intelligent person will quickly see the advantage to taking that option.  The dependent & brainwashed lemmings will spout the kind of rhetoric you're spouting now....desperately clinging to a dying paradigm & keep whatever "benefits" they feel that dying system gives them.

Make no mistake about it, the cat is out of the bag.  Crypto currencies are an idea who's time has come.  They cannot shut down Bitcoin anymore then they can shut down Bittorrent.

All they can do is use toothless threats & intimidation to bluff the mindless lemmings into complying.

Get on the right side of history.  Embrace it.  Ignore the old dieing system.  



full member
Activity: 200
Merit: 100
Let me say that I find this discussion pretty interesting. One additional concern that I have on the position of OP is the following one.

We can follow the belief of OP or have other opinions but I think we all want Bitcoin to succeed for different reasons. My concern is that if Bitcoin is seen as having as a main advantage the one to allow people to dodge taxes and hide their money, Bitcoin will fail because Government will highly regulate it. Unfortunately, Government has ways to completely kill Bitcoin, if they want to. They can start heavily taxing miners, they can ask for licenses for exchange platforms, they can expand criminal laws (terrorists may exchange money via Bitcoin), etc. And most likely the position of Government would be shared by most of the people: "what is this new tool that allows you to hide money? Why do you need to hide money? Do you have something to hide? Are you a terrorist? Are you a mafia guy?", etc.

We should focus, instead, on the technology aspect of Bitcoin, show to people why Bitcoin can benefit everyone: lower transaction fees mean that stores may give discounts, instant transfer means that you can send money to your family in another state or country with no delay, etc.

sr. member
Activity: 392
Merit: 250
I hope you get caught
I hope the exact opposite. I watched Robin Hood the other day (the Disney version) ...

You do realize the I.R.S. is more like Robin Hood in this situation.

As much as I dislike the government/I.R.S., the OP is probably middle to upper class and if he/she paid the taxes it would be used in part for Social Security which goes to the elderly and disabled.
Those who are not disabled/elderly and simply choose not to work probably don't deserve handouts.

If he/she is dodging taxes he/she probably isn't giving anything to any charity.
sr. member
Activity: 392
Merit: 250
Anyhow, I don't wish anything bad to happen to our fellow Bitcoin lover (we are all Bitcoin lovers, let's remember that). It's just that I think that as long as your whole payment history is not in BTC, the IRS can still catch you.
Absence of evidence, is not evidence of abstinence, true.

That said, A person can say whatever they want, unless the I.R.S. has some proof otherwise they either have to investigate further or let it go.
A friend/family member/stranger who would give a person rent month after month is very rare, the rarity of it does not make it unfathomable.
hero member
Activity: 632
Merit: 500
A family member.
A gift from a friend.
Found it on the street.
Some random person on the street handed it to him.

Ah ah, sure, and the IRS will say "Oh, ok, fine, we understand". I want to see him trying to explain where he gets monthly cash to pay for rent  Smiley

Anyhow, I don't wish anything bad to happen to our fellow Bitcoin lover (we are all Bitcoin lovers, let's remember that). It's just that I think that as long as your whole payment history is not in BTC, the IRS can still catch you.

You work for the IRS botolo86?
full member
Activity: 200
Merit: 100
A family member.
A gift from a friend.
Found it on the street.
Some random person on the street handed it to him.

Ah ah, sure, and the IRS will say "Oh, ok, fine, we understand". I want to see him trying to explain where he gets monthly cash to pay for rent  Smiley

Anyhow, I don't wish anything bad to happen to our fellow Bitcoin lover (we are all Bitcoin lovers, let's remember that). It's just that I think that as long as your whole payment history is not in BTC, the IRS can still catch you.
sr. member
Activity: 392
Merit: 250
he will show IRS that he received cash from you and IRS will then ask you where you got that cash from.
A family member.
A gift from a friend.
Found it on the street.
Some random person on the street handed it to him.
In summary, as long as your whole life is not in BTC, you may get caught because of third parties you have interacted with.

OBEY!!!
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