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Topic: I didn't pay capital gains tax on bitcoin sales to IRS today - page 13. (Read 24100 times)

full member
Activity: 182
Merit: 100
I paid my taxes, both income for mining + capital gains. I was absolutely thrilled to do it. I never would've figured that bitcoin would make anything, it was originally intended to be a hobby. It's a great boon I made anything at all.

Paying taxes to live and enjoy one of the best areas in the world is a non-issue for me.

Exactly. People come from just about every other country on the planet to be here yet a lot of people born here just sit around and complain. Things aren't perfect anywhere and human nature includes some negative tendencies so of course we have some issues in the current system. But given the choice I wouldn't rather be anywhere else - you can pry my eagle passport from my cold dead hands lol.

OP, if you have an issue with the tax system (I agree we get taxed a lot, perhaps too much) then do something constructive about it. What you are doing is akin to the tenants that say "well I won't pay my rent this month because the landlord hasn't fixed XYZ in the apartment." Wrong approach dude.
hero member
Activity: 874
Merit: 1000
I paid my taxes, both income for mining + capital gains. I was absolutely thrilled to do it. I never would've figured that bitcoin would make anything, it was originally intended to be a hobby. It's a great boon I made anything at all.

Paying taxes to live and enjoy one of the best areas in the world is a non-issue for me.
hero member
Activity: 632
Merit: 500
Guys, you should grow up. If you don't like this system, go live somewhere else.
...

Not everyone has the option to "go live somewhere else".
What are those people supposed to do if they don't like to pay for corrupt BS?

They're supposed to get educated about the issues at hand, vote, write to their congress members, etc etc.

Pissing in the wind...

To quote a mentor of mine...

“You never change things by fighting the existing reality.
To change something, build a new model that makes the existing model obsolete.”
― Richard Buckminster Fuller


We have that model now folks.  It's called crypto currencies.  Fucking use them.  And ignore the 3 letter agencies that will use every fear tactic at their disposal to keep you in their matrix.


Yep, insert cryptocurrencies into the existing reality and this is what you get.

Instead of building a new economy around Bitcoin, the pump and dumpers, the speculators, the schemers, and all the other small time players thought it would be a great idea to fight the existing reality..

Your quote kind of backfired but no worries.


Good Lord, are you really that short-sighted?

And that blind to everything good about crypto currencies?

Anyone can cherry pick all that is bad.  But only reveals your ignorance for not including all that is good as well.

Are you really that ignorant?  Or are you just another government shill?

All those "problems" will get sorted out.  In the meantime crypto currencies even in their current "flawed" state are vastly superior to the legacy banking system, and have more then made the current model obsolete.


...But go ahead and hallucinate otherwise.  The cat is out of the bag.  Your 100 year scam is crumbling by the day.  You and your 3 letter agencies are fucked on this one. 







full member
Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet
Guys, you should grow up. If you don't like this system, go live somewhere else.
...

Not everyone has the option to "go live somewhere else".
What are those people supposed to do if they don't like to pay for corrupt BS?

They're supposed to get educated about the issues at hand, vote, write to their congress members, etc etc.

Pissing in the wind...

To quote a mentor of mine...

“You never change things by fighting the existing reality.
To change something, build a new model that makes the existing model obsolete.”
― Richard Buckminster Fuller


We have that model now folks.  It's called crypto currencies.  Fucking use them.  And ignore the 3 letter agencies that will use every fear tactic at their disposal to keep you in their matrix.


Yep, insert cryptocurrencies into the existing reality and this is what you get.

Instead of building a new economy around Bitcoin, the pump and dumpers, the speculators, the schemers, and all the other small time players thought it would be a great idea to fight the existing reality..

Your quote kind of backfired but no worries.
hero member
Activity: 632
Merit: 500
Guys, you should grow up. If you don't like this system, go live somewhere else.
...

Not everyone has the option to "go live somewhere else".
What are those people supposed to do if they don't like to pay for corrupt BS?

They're supposed to get educated about the issues at hand, vote, write to their congress members, etc etc.

Pissing in the wind...

To quote a mentor of mine...

“You never change things by fighting the existing reality.
To change something, build a new model that makes the existing model obsolete.”
― Richard Buckminster Fuller


We have that model now folks.  It's called crypto currencies.  Fucking use them.  And ignore the 3 letter agencies that will use every fear tactic at their disposal to keep you in their matrix.
full member
Activity: 182
Merit: 100
Guys, you should grow up. If you don't like this system, go live somewhere else.
...

Not everyone has the option to "go live somewhere else".
What are those people supposed to do if they don't like to pay for corrupt BS?

They're supposed to get educated about the issues at hand, vote, write to their congress members, etc etc.

Honestly one of the biggest issues is people don't care or don't really know about the issues that they claim to be pissed off about. I love when they do surveys and find that for example 30% of people support one side, 25% support the opposite, and the rest don't know don't care or don't have any better idea.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Guys, you should grow up. If you don't like this system, go live somewhere else.
...

Not everyone has the option to "go live somewhere else".
What are those people supposed to do if they don't like to pay for corrupt BS?
full member
Activity: 140
Merit: 100
How did this thread get hijacked?  Oh....anarchists....

OP's name is cryptoanarchist.

It's still relevant
hero member
Activity: 854
Merit: 500
Nope..
How did this thread get hijacked?  Oh....anarchists....
full member
Activity: 224
Merit: 100
Professional anarchist
That is basically a complete dodge of the question. Essentially you are saying "oh no that's not what we're saying" but then you fail to explain how you propose these things would get funded. The bottom line is we all know that everyone talks a big generous talk but when it comes down to it, no one is going to voluntarily pay to support many of the things they use and depend upon every day unless they ARE forced to. People are cheap bastards.

The error in your thinking is that you are expecting an anarchist society to look like society today, just without the government. It won't.

I can't tell you how a road from A to B would be built, because it would be an organic process. Who wants it? Who needs it? Who is willing to design it? To build it? To contribute to it?
full member
Activity: 182
Merit: 100
So how are they supposed to build and maintain roads, garbage collection, sewage and water treatment, schools, police, national defense, etc etc etc? What do you propose, going around asking everyone nicely to please contribute what they think is fair and then praying that it covers the bills?

When anarchists try to explain their philosophy to statists, this is about the most common response.

If I use violence to extract money and to maintain a monopoly on the building of roads, then defenders of that regime can say "if the state didn't steal your money, we wouldn't have roads".

If I ensure people are defenceless, then defenders of the regime can say "if the state didn't steal your money, who would pay the police to protect you?"

The answer's aren't rocket science, but without reimagining society, most statists struggle to get their head around it. Most anarchists aren't simply saying stop paying taxes and leave everything as is. They are saying "what would happen if we lived in a world where violent coercion didn't exist?" "What would happen if instead of extorting money on threat of violence, we let individuals to work together to form communities, and let communities of communities work together?"

Society as it exists today is a symptom of the state.

That is basically a complete dodge of the question. Essentially you are saying "oh no that's not what we're saying" but then you fail to explain how you propose these things would get funded. The bottom line is we all know that everyone talks a big generous talk but when it comes down to it, no one is going to voluntarily pay to support many of the things they use and depend upon every day unless they ARE forced to. People are cheap bastards.
member
Activity: 117
Merit: 10
Guys, you should grow up. If you don't like this system, go live somewhere else.

If one day, I hope it will not happen, you will be disabled and you'll need disability benefits, you will remember this discussion and you will thank people paying taxes. If tomorrow you will loose your job, I hope it will not happen, you will thank people paying taxes for the check that government will give you to help you transit to a new job.

LOL

There are people who get it, and people who don't.

Look at the federal budget for last year.  What money went where?
Look at your state budget for last year.  What money went where?
Look at your county budget for last year.  What money went where?
Look at your city/municipal budget for last year.  What money went where?

Now,

Look at your paychecks last month.  Add them up.  How much did you spend that month in federal taxes?  How much did you spend that month in state taxes?
Look at your property tax bills last year.  Add them up.  Divide by 12.  How much did you spend for property taxes per month?
Look at your city/municipal (if applicable) tax bills last year.  Add them up.  Divide by 12.  How much did you spend for city/municipal taxes per month?
Figure out how much gas you bought last month, and if you can, how much of that was taxed?
Look at everything you bought last month and add up the sales tax.
Cell phone?  Electricity? Land line?  ISP?  look at last month's bills.  Add up the taxes and government "fees".
Did you buy a house?  How much did you pay in taxes at closing?  Refinance?  Same question.  Sell a house?  Cha-ching!
Park at a meter?  Use mass transit?  Pay tolls?  Get caught driving without a seatbelt, or expired inspection?
Did I miss anything?

Add all that up and figure out how much you pay per month in taxes.  If you're like me, it's not quite your mortgage payment, but it's waayyy more than your car payment.  Also consider what those businesses pay in taxes where you spent your money.

Now think how many times you used government services last month and were satisfied with the outcome.  Were your roads clean, clear, and pothole free?  Did any local politicians get in trouble for misusing funds?  Go to a park?  How much litter did you see?  Look at the news, is there a town struggling with crime nearby, meanwhile when a cop is driving behind you, do YOU feel nervous?  Are you living in a town struggling with crime while a neighboring town has cops that ticket people for jaywalking?  Know anyone who works in government that is completely worthless?  The examples of government waste can go on and on and on...

BUT...you didn't do all of that did you?  I bet you didn't even read my entire post.  If you can't even be bothered to read a few paragraphs and consider their worth, then how can you be trusted to have a completely formed and well-thought out opinion on anything?  Much less an opinion on something that affects us all.

The simple fact is this:  The more money we as citizens make, the more our government can waste.  I would feel much better paying for people with disabilities, roads, etc. which would cost me next to nothing if I didn't also have to pay for inefficient, ineffective government.
legendary
Activity: 1176
Merit: 1001
minds.com/Wilikon


Tax dodgers beware: IRS could be watching your social media
The IRS is said to be data mining Facebook, Instagram, Twitter, and other sites for info that could come handy in audits.

acebook, Instagram, and Twitter have all become places where people post intimate details about their lives: vacation photos, work successes, buying a new house, car, or other cool stuff.

However, this information is also up for grabs by the Internal Revenue Service.

The taxman is reportedly using data from social media on people who file fishy-seeming taxes or don't file at all, according to Marketplace. The IRS loses roughly $300 billion per year to tax evasion; and in times of budget cuts, with a smaller staff, the agency has allegedly turned to both data mining and data crunching.

In its quest to find and audit tax dodgers, the IRS is said to use online activity trackers to sift through the mass amounts of data available on the Internet, according to Marketplace. This data is then added to the information the agency already has on people, such as Social Security numbers, health records, banking statements, and property.

http://www.cnet.com/news/tax-dodgers-beware-irs-could-be-watching-your-social-media/
---------------------------------------------------------------------------------------------------------

Be smart and apply the first 2 rules on this forum... Not all here are for your best interest, especially when creating threads about "how many bitcoins you own?", etc...
http://youtu.be/MPITE_Ine-c
full member
Activity: 224
Merit: 100
Professional anarchist
So what would happen? What are the answers?

I don't know the answers. But I do know the right questions, which puts me a step in front of most people.

What I do know is what happens when we have incredibly powerful entities maintaining their grip on power through violent coercion so they can farm their "citizens" for profit. And it's pretty terrible.
full member
Activity: 224
Merit: 100
Professional anarchist
That's how it works now. Communities decide what things they need by voting for sewers, road, libraries, schools, etc. Community members pay for these through taxes. And if they don't pay, they lose their homes / go to jail.

So in other words, communities can voluntarily decide what to do, within strictly defined limits, and if you don't agree with it, we will use violence against you to ensure conformity.

How do you expect your 'communities working together' to work when people there don't contribute their fair share? Just let them get away with it? Your community will crumble really fast."

Do you need to be goverened? Do you need to be told what to do? Do you sit idle unless your master's lash is at your back?

You're still viewing anarchistic societies through a statist prism.
full member
Activity: 392
Merit: 116
Worlds Simplest Cryptocurrency Wallet

The answer's aren't rocket science, but without reimagining society, most statists struggle to get their head around it. Most anarchists aren't simply saying stop paying taxes and leave everything as is. They are saying "what would happen if we lived in a world where violent coercion didn't exist?" "What would happen if instead of extorting money on threat of violence, we let individuals to work together to form communities, and let communities of communities work together?"


So what would happen? What are the answers?

member
Activity: 63
Merit: 10
"What would happen if instead of extorting money on threat of violence, we let individuals to work together to form communities, and let communities of communities work together?"


That's how it works now. Communities decide what things they need by voting for sewers, road, libraries, schools, etc. Community members pay for these through taxes. And if they don't pay, they lose their homes / go to jail.

How do you expect your 'communities working together' to work when people there don't contribute their fair share? Just let them get away with it? Your community will crumble really fast.

As a kid, riding your bike around the neighborhood, it seems that Mr. Smith can fix the roads, Mr. Jones can fix the sewers, Mary can teach the children, Jennifer can run the library, etc. etc. All working together in harmony. This is not capitalism - this is communism. I'm not for that. Some jobs are harder than others, thus people get compensated differently, thus people's commitment to the community is different, thus taxing a percentage of your earnings is a way to solve this.


jr. member
Activity: 41
Merit: 2
i hope you are at least posting this behind TOR and if not that the tax man won't subpoena the forum to disclose your ip to make an example.

Well... Ross Ulbricht also used the TOR browser and he thought that the FBI would never track him down. Guess what. He was wrong. So don't be overconfident and no need to brag about this.

Ross Ullbricht used his real name on a google account....  It wasn't a flaw in TOR....

http://arstechnica.com/tech-policy/2013/10/how-the-feds-took-down-the-dread-pirate-roberts/

"A key break came when the agent found an October 11, 2011 post by Altoid, looking for an "IT pro in the Bitcoin community" and directing all inquiries to "rossulbricht at gmail dot com."
full member
Activity: 224
Merit: 100
Professional anarchist
So how are they supposed to build and maintain roads, garbage collection, sewage and water treatment, schools, police, national defense, etc etc etc? What do you propose, going around asking everyone nicely to please contribute what they think is fair and then praying that it covers the bills?

When anarchists try to explain their philosophy to statists, this is about the most common response.

If I use violence to extract money and to maintain a monopoly on the building of roads, then defenders of that regime can say "if the state didn't steal your money, we wouldn't have roads".

If I ensure people are defenceless, then defenders of the regime can say "if the state didn't steal your money, who would pay the police to protect you?"

The answer's aren't rocket science, but without reimagining society, most statists struggle to get their head around it. Most anarchists aren't simply saying stop paying taxes and leave everything as is. They are saying "what would happen if we lived in a world where violent coercion didn't exist?" "What would happen if instead of extorting money on threat of violence, we let individuals to work together to form communities, and let communities of communities work together?"

Society as it exists today is a symptom of the state.
full member
Activity: 182
Merit: 100
I contribute to society every day by working in the private sector. That's why people pay me VOLUNTARILY for what I do - they value my services more than what they are paying me - so it is a net gain for them to do business with me.

By "social services", what you really mean are "services paid for with extorted funds".

If I hold a gun to your head, and told you to pay me and I'll build you a website, would that be right of me even if I actually did build you a website? Of course not. Calling a gang that does the same thing "government" doesn't change the morality.

So how are they supposed to build and maintain roads, garbage collection, sewage and water treatment, schools, police, national defense, etc etc etc? What do you propose, going around asking everyone nicely to please contribute what they think is fair and then praying that it covers the bills?

I'm not saying that the current system is ideal, but without FORCING people to pay to support these things, nobody would pay nearly enough to even maintain the barest essentials as listed above.
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