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Question: Closing BTC Price June 17:
$0 - 4 (3%)
<$6,500 - 7 (5.3%)
$6,500-$6,750 - 1 (0.8%)
$6,751-$7,000 - 2 (1.5%)
$7,001-$7,250 - 3 (2.3%)
$7,251-$7,500 - 6 (4.5%)
$7,501-$7,750 - 4 (3%)
$7,751-$8,000 - 12 (9.1%)
$8,001-$8,250 - 13 (9.8%)
$8,251-$8,500 - 7 (5.3%)
$8,501-$8,750 - 6 (4.5%)
$8,751-$9,000 - 11 (8.3%)
$9,001,$9,250 - 13 (9.8%)
$9,251-$9,500 - 17 (12.9%)
>$9,500 - 17 (12.9%)
$20,000 - 9 (6.8%)
Total Voters: 132

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21229022 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (66 posts by 16 users deleted.)
hisslyness
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January 20, 2019, 04:52:14 AM

Don't let corporates get away with paying less than 1% tax and suddenly there is enough funding for everything.  

Life was indeed simpler before I realized that corporations can not be made to pay any taxes whatsoever.

No corporation has ever paid ANY tax in history.

I personally paid more income tax last year than Ikea paid corporate tax in my country, despite them having operated here for a long time.  One person.  I earn a good living but I really don't earn *that* much.   And they have billions of revenue here.  

You wonder why there's no money in the government treasury - that's your answer.

a bit of a double standard here.. what about US based corps,Google/Apple/MS etc... operating in other countries and not paying their fair share of company tax there?

Also at the end of the day, it is the individual shareholder who will cop the tax via personal tax returns. much easier/more for gov to tax and collect from the people than the corps...
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HairyMaclairy
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January 20, 2019, 04:53:49 AM

Also at the end of the day, it is the individual shareholder who will cop the tax via personal tax returns. much easier/more for gov to tax and collect from the people than the corps...

Not when the company execs have private jets and Aspen lodges bought by the company. That’s tax free.


Fly into Telluride sometime and count the private jets on the pan.  They are almost all corporate owned.

hisslyness
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January 20, 2019, 05:02:08 AM

Also at the end of the day, it is the individual shareholder who will cop the tax via personal tax returns. much easier/more for gov to tax and collect from the people than the corps...

Not when the company execs have private jets and Aspen lodges bought by the company. That’s tax free.



Not sure about the US tax system, but in Australia, that is covered under fringe benefits tax..

 Again, i don't see a problem with corps owning such assets, the cost to maintain and run will flow down to other parties and the profits generated will be taxed.
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January 20, 2019, 05:06:55 AM

FBT is great in theory.   Hold a half hour company meeting at Telluride.  Trip is deductible.  

The Australian tax authority is almost as badly funded as the IRS, so can’t run audits effectively.  Of course the underfunding is deliberate. 
hisslyness
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January 20, 2019, 05:25:36 AM

FBT is great in theory.   Hold a half hour company meeting at Telluride.  Trip is deductible.  

The Australian tax authority is almost as badly funded as the IRS, so can’t run audits effectively.  Of course the underfunding is deliberate. 

In theory, alot of things are great, in practice it is something else, that is with everything not just taxation.

Gov knows they are never going to collect 100% of what it is owed to them... self assessment is just that, you telling the government what you want to pay them! Gov hoping you are telling the truth.

also, any company who holds a 30mins meeting is not an ikea/google/facebook..

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January 20, 2019, 05:30:14 AM

For a potential future societal structure I suggest to read or re-read "Snow Crash" by Neal Stephenson (first published in 1992).

Cliffnotes?

 Deadpool delivers pizza.  I don't think we can seriously believe anything was "predicted" given that it was published in 1992.

 You can listen to it while you're working on other things... that way it wont be an entire waste of your time Wink

edit: forgot the link!  Part 1 - https://www.youtube.com/watch?v=X-ZiG4FsYAg  (and only 8 hours... suggest you boost the speed to 1.5X)

That's some pretty hardcore pizza delivering. Love how he uses nippon instead of japan. It's the little touches.
VB1001
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January 20, 2019, 08:58:55 AM



"Vires in Numeris" (Strength in Numbers)

Authentic Bitcoiner > Martin D. Weiss of Weiss Ratings.

Bitcoin’s Improving Fundamentals Indicate a New Bull Market is in the Making.

"Like gold, Bitcoin and other cryptocurrencies could become a haven for investors who flee from fiat currency devaluations. In fact, in one key aspect, it may be even better than gold: It cannot be confiscated by any government."

Source: https://coingape.com/bitcoins-improving-fundamentals-bull-market-weiss-ratings/
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January 20, 2019, 09:01:24 AM
Merited by JayJuanGee (1)





Quote
Darknet market activity is relatively price inelastic; that is, you don’t see a drop in this type of activity when cryptocurrency prices fall. In fact, in 2018, darknet market activity and overall market performance had an inverse relationship.

https://blog.chainalysis.com/reports/decoding-darknet-markets
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January 20, 2019, 09:12:49 AM
Merited by vapourminer (1), infofront (1), HairyMaclairy (1)

Seastead nation starts at zero debt.

All nations are now behind us on the economic balance sheet.

Cryptotourist
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January 20, 2019, 09:20:57 AM
Last edit: January 20, 2019, 09:35:40 AM by Cryptotourist

^. Muchos cohones Grin

Don't want to risk your OpSec, but is that you?

kurious
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January 20, 2019, 09:40:26 AM

FBT is great in theory.   Hold a half hour company meeting at Telluride.  Trip is deductible.  

The Australian tax authority is almost as badly funded as the IRS, so can’t run audits effectively.  Of course the underfunding is deliberate. 

In theory, alot of things are great, in practice it is something else, that is with everything not just taxation.

Gov knows they are never going to collect 100% of what it is owed to them... self assessment is just that, you telling the government what you want to pay them! Gov hoping you are telling the truth.

also, any company who holds a 30mins meeting is not an ikea/google/facebook..


Actually, plenty of executives will have a 30 minute meeting somewhere nice.  A friend of mine (ahem) has had the occasional meeting with French company execs in Paris or New York on a weekend, totally legit, but convenient - especially if the g/f coincidentally happens to be around. 

Any system that can be gamed will be.  Same with tax. Google turns over a ridiculous amount, in the billions in the UK, but until recently paid no tax as it 'was not based there'.  They have huge buildings full of Google staff, such as the one in Buckingham Palace Road in London.  But their credit card machine was... in Dublin.

The corporate share of government taxation receipts has shrunk massively over the past few decades, which is why there are cuts on services and a higher tax burden is necessarily borne by the 'middle' classes.
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January 20, 2019, 09:42:12 AM

Got a pic of the seastead?
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January 20, 2019, 09:43:06 AM
Merited by PoolMinor (1)

via Imgflip Meme Generator
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January 20, 2019, 09:46:39 AM
Last edit: January 20, 2019, 09:57:46 AM by jojo69
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I reiterate;

CORPORATIONS DO NOT PAY TAX

Customers pay tax, on rare occasions shareholders may bear some of that burden for a short time.

This is not mere semantics.  To a corporation taxes licenses and fees are nothing more than a line item, part of the cost of converting one set of goods and services into another set of goods and services.  It will perform this conversion at a profit or it will cease to exist.  All costs associated in the conversion are passed to the purchasers of the output goods and services.
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January 20, 2019, 10:05:15 AM

Got a pic of the seastead?

This is a picture before it goes onto the spar.



Unfortunately waves were too bad on launch day so we are waiting a week to combine them.
micgoossens
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January 20, 2019, 10:10:03 AM

Got a pic of the seastead?

This is a picture before it goes onto the spar.



Unfortunately waves were too bad on launch day so we are waiting a week to combine them.

Impressive....

When

SSC comes alive??
hisslyness
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January 20, 2019, 10:20:29 AM

I reiterate;

CORPORATIONS DO NOT PAY TAX

Customers pay tax, on rare occasions shareholders may bear some of that burden for a short time.

This is not mere semantics.  To a corporation taxes licenses and fees are nothing more than a line item, part of the cost of converting one set of goods and services into another set of goods and services.  It will perform this conversion at a profit or it will cease to exist.  All costs associated in the conversion are passed to the purchasers of the output goods and services.

So if my company sells products or services to the government, does that mean the government has paid tax for me?

If my company receives interest from a bank, does that mean the bank has paid tax for me?

What happens if my company makes a loss, does that mean my customer's get extra TAX back?

I bought a $2,000.00 Television this weekend, can i add the tax i paid as credit to my TAX return?
Ibian
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January 20, 2019, 10:24:00 AM

Got a pic of the seastead?

This is a picture before it goes onto the spar.



Unfortunately waves were too bad on launch day so we are waiting a week to combine them.
What does it have so far as electricity and water filtration? Doohickies in general?
VB1001
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January 20, 2019, 10:26:12 AM

Uncertain future for BCH, forks+forks+fud = value 0,00

https://ohiobitcoin.com/bitcoin-cash-is-dead-will-be-worthless-in-a-few-years-btc-org-co-founder/
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January 20, 2019, 11:31:33 AM

Well this wee dip is a bit random.  

Edit:  so far has bounced off support as expected.  Nice.

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