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Topic: Okay. Charge tax on bitcoin. Is this fair policy? - page 5. (Read 842 times)

legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
I will support income tax if bitcoin is legalized in my country, provided that to finance the development of the country and society it doesn't matter to me, but if 20% of course I will feel heavy, if 1% I will give it to the benefit of everyone in my country, as long as there is no corrupt government and bitcoin is legalized as a payment tool, maybe I will support it if bitcoin users are charged for it
  Grin
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino




I noticed that certain country may charge tax on earning from Bitcoin trading...

20% tax on it. I think this is quite ridiculous.

That means govt sees it as a lottery.

What do you guys think?
That's fair and if there's a law about it then you must pay that income tax or else the government will run to you. Government needs money to run the whole country, taxation is a must but if there's a corruption then that is the time for us to say that our government is really unfair. I do pay taxes, and I'm happy because of that little money I was able to help my country grown and feed more people who are really in need. Don't think about the bad side of the government, think that your taxes are for the poor people who badly needs the support of the government.
full member
Activity: 1638
Merit: 167
PredX - AI-Powered Prediction Market
I don't think that's ridiculous. The government has set income tax according to how much is generated every month. If someone has income from bitcoin trading or other income, they will still pay income tax. What's wrong with paying taxes? We can enjoy the cleanliness of the city and the beauty of the park thanks to us paying taxes.
newbie
Activity: 5
Merit: 0




I noticed that certain country may charge tax on earning from Bitcoin trading...

20% tax on it. I think this is quite ridiculous.

That means govt sees it as a lottery.

What do you guys think?
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