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Author Topic: Bitcoin "The end of inheritance tax"  (Read 2758 times)
Ipwich
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February 20, 2017, 01:30:29 PM
 #41

If there is one Tax that really pisses me off it is inheritance tax.  you work all your life and save alittle and then the fucking government comes along when your dead and takes a cut off what you leave your kids.   Angry  seriously fucking pissed even writing about it...   


ps: sorry for the curse words but that is how angry that tax makes me.
I'm sorry to tell you this also but it's impossible to eliminate the tax system in our world. We have the government that we trust to maintain the peace and order by implementing the law strictly, also, their task is to build infrastructures to give convenience to the people and that entails money, where will they get to realize those things, without tax they are useless. The least we can do is to minimize the tax but not to eliminate it.

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just_Alice
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February 20, 2017, 01:40:05 PM
 #42

If there is one Tax that really pisses me off it is inheritance tax.  you work all your life and save alittle and then the fucking government comes along when your dead and takes a cut off what you leave your kids.   Angry  seriously fucking pissed even writing about it...   


ps: sorry for the curse words but that is how angry that tax makes me.

So you mean now you can just save in BTC and then leave it to your kids? Well, if the government will not find a way to tax Bitcoin savings you are right. But actually I think they will. They are smart bastards, especially in that regard. What your kids can do in that case is to hide from the government what they inherited, with Bitcoin it would be easy to do. But I believe it is a crime, if I'm not mistaken.
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February 20, 2017, 01:54:37 PM
 #43

If there is one Tax that really pisses me off it is inheritance tax.  you work all your life and save alittle and then the fucking government comes along when your dead and takes a cut off what you leave your kids.   Angry  seriously fucking pissed even writing about it...   


ps: sorry for the curse words but that is how angry that tax makes me.
I'm sorry to tell you this also but it's impossible to eliminate the tax system in our world. We have the government that we trust to maintain the peace and order by implementing the law strictly, also, their task is to build infrastructures to give convenience to the people and that entails money, where will they get to realize those things, without tax they are useless. The least we can do is to minimize the tax but not to eliminate it.
That's right, the kids who actually deserve your inheritance and have been cut off its wealth also actually use the services which offered by the government that you have cursed earlier such as road, public transportation, and much more.
Government at its finest actually make their citizens' life easier by giving support and facilitation, not talking about the rest (corrupt government, and so on).

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YuginKadoya
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February 20, 2017, 02:03:20 PM
 #44

If there is one Tax that really pisses me off it is inheritance tax.  you work all your life and save alittle and then the fucking government comes along when your dead and takes a cut off what you leave your kids.   Angry  seriously fucking pissed even writing about it...   


ps: sorry for the curse words but that is how angry that tax makes me.

Well I really think your government was brutally corrupt for you to say such things, I think there are a small percentage from your salary that goes to tax and taxes was taken from us so government can provided and funded us with great services and if your government was getting a high price tax that is because you are earning so much or your government was just corrupt.
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February 20, 2017, 02:33:38 PM
 #45

I have studied this kind of tax. They created the inheritance tax or the donor's tax in some countries to negate the unnecessary evil that arise from sending money to others because it can be abused and will be later be known as some form of money laundering. From having this kind of tax, the taxpayer is prevented from using this kind of procedure if they ever wanted to evade tax.
cotton ball
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February 20, 2017, 02:34:18 PM
 #46

If there is one Tax that really pisses me off it is inheritance tax.  you work all your life and save alittle and then the fucking government comes along when your dead and takes a cut off what you leave your kids.   Angry  seriously fucking pissed even writing about it...   

ps: sorry for the curse words but that is how angry that tax makes me.

So you mean now you can just save in BTC and then leave it to your kids? Well, if the government will not find a way to tax Bitcoin savings you are right. But actually I think they will. They are smart bastards, especially in that regard. What your kids can do in that case is to hide from the government what they inherited, with Bitcoin it would be easy to do. But I believe it is a crime, if I'm not mistaken.

Don't consider taxes as debt, inheritance tax is also not a serious threat. Without bitcoin, we already know inheritance tax, and never a problem about it. So why be afraid if bitcoin also given the same thing?

Country's financial institutions always do justice to all people. People who have never paid taxes don't need to worry too much. Your child should also be taught before about bitcoin, so they are better prepared to face any situation in future.
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February 20, 2017, 02:36:54 PM
 #47

If there is one Tax that really pisses me off it is inheritance tax.  you work all your life and save alittle and then the fucking government comes along when your dead and takes a cut off what you leave your kids.   Angry  seriously fucking pissed even writing about it...   


ps: sorry for the curse words but that is how angry that tax makes me.

Especially when the asset(s) you leave to your family are usually things like a house(s) which you've already paid the mortgage & multiple taxes on. Funnily enough you pay the mortgage with your wages which are also taxed.

What a joke the fiat banking system & governments are.


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February 20, 2017, 08:00:30 PM
 #48

I hate that inheritance tax at all and anything from the word "tax" lol  Grin but i wont still bother on that thing because i dont have any properties to inherit at all.
Bitcoin is really great since it cant be taxed by the government thats why its nice to put up our assets in forms of bitcoin would be the best choice for me.
No one likes to be taxed, we are all controlled by the government and its policy so that is why we all prefer to use bitcoin, if I had to leave inheritance for my children or my grandchildren I would leave it in the form of bitcoin that why neither the government or anyone could apply any taxes on them.
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