THERE IS NO TAX and there NEVER be any Tax on Bitcoin

[ijphlrnxewho]

There is no Tax and there never be any Tax on Bitcoin. PERIOD.

One of Bitcoin famous rule is this:
No One can Tax Bitcoin

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Here's the only way of how Bitcoin can be tax.

I'm sure you know by now that the 13 terrorist European bloodlines of the Devil worshipers cult Illuminati created the Federal Reserve (central banks) so that they can print the scam U.S. currency, they setup the U.S. government (USA) as a scam country to help them scam billions of people world wide. They use the scam U.S currency to create cheap slaves labor world wide.

You will need to pay a tax, when you exchange your Bitcoin for U.S. currency or any other paper currencies in other countries.
In other words, the tax you pay is not from Bitcoin, but from using their paper currency. The Illuminati reserves the right to collect their tax on their paper currency.

Businesses that accept Bitcoin never have to pay any Tax on it.
Businesses that accept U.S. dollars must pay a tax to the 13 terrorist European bloodlines of the Devil worshipers cult Illuminati.

If the Devil worshipers cult Illuminati send an IRS agent to your business to collect tax on Bitcoin, you have the right to shoot him/her in the face and burn his/her body because Illuminati members are now labeled as terrorist cells in America. That idiot IRS agent will most likely be labeled as "M.I.A." or "abducted by aliens".

By the way, the terrorist organization Illuminati are currently house training their IRS agents to tax the USD. Or, their agents are subject to be executed immediately.

Learn more about the ongoing Civil War in America here: https://bitcointalk.org/index.php?topic=179616.0

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[cybershawrk]

there should never be tax on cryptocurrencies that would be very unfair

[hilariousandco]

There is no Tax and there never be any Tax on Bitcoin. PERIOD.

One of Bitcoin famous rule is this:
No One can Tax Bitcoin

You will need to pay a tax, when you exchange your Bitcoin for U.S. currency or any other paper currencies in other countries.
In other words, the tax you pay is not from Bitcoin, but from using their paper currency. The Illuminati reserves the right to collect their tax on their paper currency.

This is how they're treating it in the UK and I like it this way as I'll just keep my coins as they are and spend them when I can.

[cybershawrk]

yeah good idea dang government with all their taxes

[Caesium]

Yeah! Fuck Government! I don't want my bin collected weekly, or my street lit at night! I don't want a clean maintained park to give my dog a safe run in, flood defences, the roads gritting when its icey, schools, or any of that useless shit!

[AltorXP]

Nothing stops the gov from making a crypto currency of their own, or banning the sales of BitCoin to US residents (USD--> BTC)

[TheButterZone]

I don't want my bin collected weekly, collection which is provided by companies (typically government-sanctioned monopolies) right now, not government. http://edcodisposal.com

or my street lit at night! which is paid for by the property it is next to, to a utility company right now. http://sdge.com

I don't want a clean maintained park to give my dog a safe run in, that you need to pay even more money to (or start a cleanup organization), than just municipal taxes, if you want it to actually be clean and maintained http://www.santeelakes.com/things-to-do/ http://caninecornersdogpark.com

flood defences, that don't actually defend against floods, pretty much ever http://en.wikipedia.org/wiki/2005_levee_failures_in_Greater_New_Orleans http://www.bbc.co.uk/news/uk-19725625

the roads gritting when its icey, when companies sell to private entities too right now http://surplussalt.com/deicing-salts/

schools, https://en.wikipedia.org/wiki/Private_school

or any of that useless shit! http://shitgovernmentsbuy.tumblr.com/

[goxed]

Yeah! Fuck Government! I don't want my bin collected weekly, or my street lit at night! I don't want a clean maintained park to give my dog a safe run in, flood defences, the roads gritting when its icey, schools, or any of that useless shit!

I thought government can print at will, and most govt programs are funded that way. taxes help prop up the gov money. Correct me if I'm wrong.

IIRC Keynesian economists do suggest that the govt should keep on printing money and use it to fund programs finally leading to full employment.

[empoweoqwj]

Yeah! Fuck Government! I don't want my bin collected weekly, or my street lit at night! I don't want a clean maintained park to give my dog a safe run in, flood defences, the roads gritting when its icey, schools, or any of that useless shit!

I thought government can print at will, and most govt programs are funded that way. taxes help prop up the gov money. Correct me if I'm wrong.

IIRC Keynesian economists do suggest that the govt should keep on printing money and use it to fund programs finally leading to full employment.

lol. Western governments have been printing more and more money, running up massive debts the citizens will never be able to pay back. Has this lead to full employment? Nope.

[hilariousandco]

Nothing stops the gov from making a crypto currency of their own, or banning the sales of BitCoin to US residents (USD--> BTC)

Why would anybody choose to use it? The whole point of crypto is to get away from the government.

[danieldaniel]

Nothing stops the gov from making a crypto currency of their own, or banning the sales of BitCoin to US residents (USD--> BTC)

Why would anybody choose to use it? The whole point of crypto is to get away from the government.

That's not true at all.  Bitcoin itself (the protocol) doesn't have any preconceptions about governments at all.  That's all from some of the people using it.  Your ideals != everyone else's ideals. 

[DeadwoodDan]

bitcoin is literally urinating all over your face right now

this cryptocurrency is the honey badger of pissing on your retard face

it does not give a fuck, and your face is DRENCHED

[empoweoqwj]

bitcoin is literally urinating all over your face right now

this cryptocurrency is the honey badger of pissing on your retard face

it does not give a fuck, and your face is DRENCHED

That's the best you could do for your first post? Can't wait to ignore your future posts.

[krypton87]

there should never be tax on cryptocurrencies that would be very unfair

I fully agree

[hilariousandco]

bitcoin is literally urinating all over your face right now

this cryptocurrency is the honey badger of pissing on your retard face

it does not give a fuck, and your face is DRENCHED

That's the best you could do for your first post? Can't wait to ignore your future posts.

As far as first posts go this is among one of the best haha.

there should never be tax on cryptocurrencies that would be very unfair

I fully agree

I doubt there will be taxes on cryptos as this would be very hard to implement, so they'll just tax when it's converted to cash.

[hydkyll]

Here is how Bitcoin could be taxed:

The tax office gives a sheet of paper to every merchant that uses Bitcoin and asks them to write down the amount of Bitcoins they received. Then the tax office decides how much taxes they should pay and asks them to transfer the appropriate amount to the Bitcoin address of the tax office.

[Buffer Overflow]

Nothing stops the gov from making a crypto currency of their own

Correct, but what would be the point of a centralised decentralised currency? It's pointless.

[empoweoqwj]

Here is how Bitcoin could be taxed:

The tax office gives a sheet of paper to every merchant that uses Bitcoin and asks them to write down the amount of Bitcoins they received. Then the tax office decides how much taxes they should pay and asks them to transfer the appropriate amount to the Bitcoin address of the tax office.

Tax offices deal in their sovereign fiat - they won't have bitcoin wallets, or litecoin wallets, or dogecoin wallets - funny as that might be

[last2come222]

I am not sure there will never be any tax on Bitcoin cause no one can be 100% sure what will happen in future.

[Raya]

They tax when you convert Bitcoin into usd though but Bitcoin itself can't be taxed.