|
Title: Tax effect Post by: MoneyIsDebt on April 05, 2013, 10:10:13 AM Having seen a lot of creative posts on this forum, I'd like to see some describing how the following hypothetical scenario would play out:
1. The US bows to the bitcoin community and declares bitcoin legal tender 2. Shortly after announces that citizen income tax in USD has been abolished, instead each citizen must pay 1BTC in tax. 3 Either: a) They do NOT sell the bitcoins collected back into the market. Rather they are destroyed. b) They start paying their expenses (and debts?) with the bitcoins collected c) Be creative and make up some scenario Title: Re: Tax effect Post by: dg2010 on April 05, 2013, 11:00:33 AM Having seen a lot of creative posts Creative? Is that a creative term of absolute bollocks? Because that is what your post is. Title: Re: Tax effect Post by: benjamindees on April 05, 2013, 11:33:14 AM Hopefully they choose scenario a) so that those people who aren't dumb/sociopathic enough to actually pay Bitcoin taxes to murderous, incompetent governments would benefit from Bitcoin deflation.
Title: Re: Tax effect Post by: kjj on April 05, 2013, 11:42:18 AM ~21 million BTC
~300 million citizens Sure... |