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574

I just got done with them for the last few years, they tax you, audit you, squeeze everything you have, than turn around and audit you again. It's not good enough to rob the goy, you have to squash and destroy everything they worked for in the process

I just got done with them for the last few years, they tax you, audit you, squeeze everything you have, than turn around and audit you again. It's not good enough to rob the goy, you have to squash and destroy everything they worked for in the process

(post is archived)

[–] 0 pt

You don't know what the fuck you are talking about. The CFTC doesn't charge taxes. The IRS classifies crypto as property, not "assets". "Assets" isn't even a category of something that's taxed.

I sweat there was a debate at one point on how crypto would be classified, and it came back as 3 different things at the same time

[–] 0 pt

The US treasury, CFTC, and SEC are all having a turf war over who will regulate crypto. The Treasury was first and regulates it under FinCEN like currency, treating companies as money service businesses. The CFTC wants it to be a commodity, but hasn't done much. The SEC is most aggressive and likes to classify cryptos randomly as securities, and then heavily fine everyone involved.

That's not the same as taxation. It's taxed as a property by the IRS.

My bad, the entire ordeal always confuses the crap out of me