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Author Topic: Should there be a tax on capital gains?  (Read 319 times)
mostkey
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August 01, 2018, 06:03:00 PM
 #21

Any form of business that can earn a substantial profit is required to pay, following the terms of government and state, the tax is not used for negative things, can be used as the development of the country's needs, economic improvement, development including for the future, fair enough that we still set foot in a country with the convenience and security so it must be obliged to pay taxes to go further, in accordance with the benefits and what it has.

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Ridwan Fauzi
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August 01, 2018, 06:30:51 PM
 #22

Getting rid of capital gains taxes by themselves is simply a way to cut taxes on the rich, because the rich make more money through capital gains than poor people do.
Capital gain is an income from the investment of a person, for instance, you buy a stock at $ 3000 for a few days you sell the stock at $ 3500, mean $ 500 is capital gain, do not know investor A is rich people or investor B is a poor person.

It will be complicated if the government divides/distinguishes someone's tax that must be issued. Because it could be the poor people will get a fortune in the investment and he is not required to pay taxes.

I have not found a country that imposes taxes on its folks, maybe if there is a country that does not require taxes on its folks then the people are the luckiest people living on this earth.


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August 01, 2018, 07:34:06 PM
 #23

Getting rid of capital gains taxes by themselves is simply a way to cut taxes on the rich, because the rich make more money through capital gains than poor people do.
Capital gain is an income from the investment of a person, for instance, you buy a stock at $ 3000 for a few days you sell the stock at $ 3500, mean $ 500 is capital gain, do not know investor A is rich people or investor B is a poor person.

It will be complicated if the government divides/distinguishes someone's tax that must be issued. Because it could be the poor people will get a fortune in the investment and he is not required to pay taxes.

I have not found a country that imposes taxes on its folks, maybe if there is a country that does not require taxes on its folks then the people are the luckiest people living on this earth.


I think yes, there should be tax on capital gains, but should not be higher than 15% because it is a burden to people business tax should be the one who has a  higher tax and those who are millionaire and not those ordinary people who are just depending on small investment or ordinary people.

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August 01, 2018, 08:38:37 PM
 #24

Yes j also think there should be taxes paid on gains after all taxes pay for
services like emergeny, education and health along with the general upkeep
of a country like water and transport systems.

But as long as crypto is kept as crypto and not
liquidated into FIAT no tax is due.


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August 01, 2018, 09:27:54 PM
 #25

Yes, I also think that capital gains should be taxed. Maybe there will be relevant tax policies in the industry soon. I hope this will be an important part of improving the community. Only the tax on bitcoin is likely to be adopted by more people and industry.
If the return on capital from the cryptocurrency market is taxed it will not receive investor support because they are accustomed to anonymity and are not managed by a third party in the transaction. cryptocurrency. But I think the application of the tax is also very good because it will help the cryptocurrency market to be transparent and recognized around the world.

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August 01, 2018, 09:42:00 PM
 #26

I think it should be taxed.

But, there should be a limit like you need $$ money to be taxed or need at least $$ to get taxed %10
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August 02, 2018, 01:29:57 AM
 #27

In many countries, people pay income tax.In principle, I think it is right.All law-abiding citizens must pay taxes on any activity that generates income
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August 02, 2018, 02:37:00 AM
 #28

Capital gains tax must be abolished, because we have already paid income tax on that earning. And what if we end up with capital losses instead of capital gains? Will the government make any reimbursement in that case? Capital gains tax is like punishing someone for their success.


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August 02, 2018, 03:47:51 AM
 #29

Tax is a form of slavery and theft.  So my answer is no to any sort of tax including a capital gain tax.  Hopefully one day we stand up and say no more.  Bitcoin is a way to free money and freedom. 
Some level of taxation is necessary to maintain a functioning society but the problem is that governments have abused that power and that is why people are reacting and doing what they can to pay as little as possible and I cannot blame them since taxes can be extremely high.
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August 07, 2018, 12:56:41 PM
 #30

Tax is a form of slavery and theft.  So my answer is no to any sort of tax including a capital gain tax.  Hopefully one day we stand up and say no more.  Bitcoin is a way to free money and freedom. 

Wow, that is an interesting comment. If you say no tax at all, how then do you think government will earn revenues for national development?
All governments around the world depend on national tax is a way of income. I am not advocating for taxes, but looking at what these taxes bring if the right people are managing them, its there for all to see. More over, it will be very difficult for a nation to stand without taxes in this current capitalist world.
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August 14, 2018, 04:42:59 PM
 #31

Tax is a form of slavery and theft.  So my answer is no to any sort of tax including a capital gain tax.  Hopefully one day we stand up and say no more.  Bitcoin is a way to free money and freedom. 

Wow, that is an interesting comment. If you say no tax at all, how then do you think government will earn revenues for national development?
All governments around the world depend on national tax is a way of income. I am not advocating for taxes, but looking at what these taxes bring if the right people are managing them, its there for all to see. More over, it will be very difficult for a nation to stand without taxes in this current capitalist world.
Some level of taxation is necessary but in some countries that level is very high, above 50% and in my opinion that is slavery, what kind of motivation you have to work hard when half goes to the governments, in the past the level of taxation was low and you were only taxed heavily in the case a war broke out.
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August 14, 2018, 05:07:03 PM
 #32

Yes, I think it can be taxed. Because however, a capital gain is an advantage or profit. Many countries impose a tax on capital gains generated by individuals or companies, although tax relief/incentives may be possible for tax exemptions for capital gains; in relation to providing incentives for entrepreneurs or as compensation for inflation.
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August 14, 2018, 05:15:47 PM
 #33

Tax is a form of slavery and theft.  So my answer is no to any sort of tax including a capital gain tax.  Hopefully one day we stand up and say no more.  Bitcoin is a way to free money and freedom. 

There is a strange situation with taxes from cryptocurrency. Governments do not recognize them as currencies, there are no regulations, they issue warnings about investing in a crypto, they try to limit access to them in different ways. At the same time, they are demanding to pay taxes on profits from cryptocurrencies.
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August 14, 2018, 05:32:07 PM
 #34

In many countries, people pay income tax.In principle, I think it is right.All law-abiding citizens must pay taxes on any activity that generates income

In my own opinion, it was normal to pay taxes but the only problem are the corrupted govenrments who are stealing money from the people and that is the reason why the economy is dropping.

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August 14, 2018, 06:18:05 PM
 #35

To my humble opinion, taxes should be abolished. It's evil to taxe people. Government agencies should find out other ways to raise money different from taxation. Be it capital gain or whatever, there should not be taxed.
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August 14, 2018, 07:38:39 PM
 #36

So many socialists speaking here. Yes, all you guys who support taxing everyone, just so the rich are taxed more are socialists. The whole idea of taking from the rich and giving to the poor and trying to equalize the society is the same that pushed people to support the dictatorship of the proletariat. There are still countries where people like you are acting as enforcers. Maoists are a great example. I'm sure you'd find a common tongue with them, and it wouldn't be Chinese.  Wink

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rancidgash
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August 14, 2018, 07:49:45 PM
 #37

I think it should be taxed.

But, there should be a limit like you need $$ money to be taxed or need at least $$ to get taxed %10
True, for me the limits that we have now in most of the countries are too big, if goverments will decide to make some law connected to crypto it should be make better than taxes connected with income nowadays.
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August 14, 2018, 07:57:23 PM
 #38

Well, if they put a tax on capital gains, then they have to put a reimbursement on losses, otherwise it's a state scam ...

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August 14, 2018, 08:08:28 PM
 #39

There should be no tax period.  I did not sighn up to be part of this system.  I signed no contract.  i was forced in since birth.  SO no I should not have to pay capital gains.  I wouldn't pay them either except if you do not the government send thugs to your house and throw you in a cell or worse kill you.  Great system!

Make sure you fill out those KYC's so they know where to come. 

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August 16, 2018, 08:28:26 AM
 #40

Tax is a form of slavery and theft.  So my answer is no to any sort of tax including a capital gain tax.  Hopefully one day we stand up and say no more.  Bitcoin is a way to free money and freedom. 

Wow, that is an interesting comment. If you say no tax at all, how then do you think government will earn revenues for national development?
All governments around the world depend on national tax is a way of income. I am not advocating for taxes, but looking at what these taxes bring if the right people are managing them, its there for all to see. More over, it will be very difficult for a nation to stand without taxes in this current capitalist world.
Some level of taxation is necessary but in some countries that level is very high, above 50% and in my opinion that is slavery, what kind of motivation you have to work hard when half goes to the governments, in the past the level of taxation was low and you were only taxed heavily in the case a war broke out.
Yeah you are right. We are citizens of our country. We love it and we can die for protection and safety of our motherlands but why these politicians took us so easy every time. They come to power and use it for their own personal benefits. Every money laundering case is filed against politicians and all such stigmas that are eating us against such heavy taxation and fill their bank accounts.
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