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Author Topic: Has anyone reported bitcoin capital gains or losses on their taxes?  (Read 11797 times)
BitMagic
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November 01, 2011, 11:14:01 PM
 #61

What do you do all day other than put up hate comments does your imaginary girlfriend listen to all your bullshit to? im not going to try to ebattle you i said it already its like winning the special olympics doesnt matter if you win or not you are still retarded.

Do you want to try more stuff you grammar nazi? perhaps I can write a whole paragraph for you with mistakes and you can try to pick out every single one

I forgot to capitalize an I but I left it out so you can pick at it

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November 01, 2011, 11:15:30 PM
 #62

Why do I keep clicking this thread?

Is there an "ignore thread" button somewhere?

btc_artist
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November 02, 2011, 12:08:10 AM
 #63

Why do I keep clicking this thread?

Is there an "ignore thread" button somewhere?
Unfortunately with SMF, once you participate in a thread, it will always show up when you click on "new replies to your posts".

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November 02, 2011, 12:57:04 AM
 #64

That sucks.


At least let's make the discussion something interesting:


Who would win?

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November 02, 2011, 02:41:04 AM
 #65

BitMagic:





miscreanity:


miscreanity
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November 02, 2011, 03:06:19 AM
 #66

Who would win?

My money's on Cap'n Crunch.

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November 02, 2011, 03:48:18 AM
 #67

That sucks.


At least let's make the discussion something interesting:


Who would win?

giant squid! everyone knows that!°!
BitMagic
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November 02, 2011, 05:08:46 AM
 #68

Miscreanity is a stand-up guy.

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November 02, 2011, 06:01:09 AM
 #69

is their tax when you barter one good for an other?

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November 02, 2011, 11:46:55 AM
 #70

That sucks.


At least let's make the discussion something interesting:


Who would win?

giant squid! everyone knows that!°!
But it doesn't even have proper jaws!

BitMagic
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November 02, 2011, 03:12:06 PM
 #71

is their tax when you barter one good for an other?

sigh.

Please give me your money, because I am a shameless libertarian elite who deserves your money more than you do: 9Hkao8U82WWDp6SQGn4k7ad9gT1LWeL5s3
miscreanity
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November 03, 2011, 05:05:35 AM
 #72

Miscreanity is a stand-up guy.

BitMagic's a decent fellow as well.

is their tax when you barter one good for an other?

sigh.

Yes, and it's been there for a long time. I don't agree with it, but most contemporary national tax laws create a situation wherein all transactions of any kind or size are technically taxable. Since the general stance is that ignorance of the law is no defense, what you don't know will hurt you.
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November 03, 2011, 06:09:35 PM
 #73

Why do I keep clicking this thread?

Is there an "ignore thread" button somewhere?
Unfortunately with SMF, once you participate in a thread, it will always show up when you click on "new replies to your posts".
If you click on the "notify" link, and you confirm you wanna unwatch the topic, does that remove it from the new replies to threads you're participating list? What if you reply but set it to not notify you of replies (in the Additional Options section) ?

(I dont always get new reply notifications, pls send a pm when you think it has happened)

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cypherdoc
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November 03, 2011, 06:13:21 PM
 #74

If you click on the "notify" link, and you accept to unwatch the topic, does that remove it from the new replies to threads you're participating list? What if you reply but set it to not notify you of replies (in the Additional Options section) ?

ROFLMAO!!!
BitMagic
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November 04, 2011, 12:08:15 AM
 #75

Since the general stance is that ignorance of the law is no defense, what you don't know will hurt you.

Just out of curiosity, do you disagree with this, generally?

Please give me your money, because I am a shameless libertarian elite who deserves your money more than you do: 9Hkao8U82WWDp6SQGn4k7ad9gT1LWeL5s3
miscreanity
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November 04, 2011, 02:29:01 AM
 #76

Since the general stance is that ignorance of the law is no defense, what you don't know will hurt you.

Just out of curiosity, do you disagree with this, generally?

No, I agree with the principle. My issue with it is that excessive complexity and conditionals in tax codes have made the tenet unrealistic to comply with, even for many law specialists.

If there has to be one, I'd be much more agreeable toward the oft-promoted flat universal tax, or a system of flat national taxation for corporations (including provinces/regions/states) and only flat local/regional tax for individual citizens and local businesses. This would be similar to software licenses in which educational/private use is free or a nominal fee versus commercial use requiring fully paid licenses. The simpler and less open to interpretation things are at all levels, the easier it is for everyone.

Your perspective?
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November 04, 2011, 02:35:05 AM
 #77

Yes, and it's been there for a long time. I don't agree with it, but most contemporary national tax laws create a situation wherein all transactions of any kind or size are technically taxable. Since the general stance is that ignorance of the law is no defense, what you don't know will hurt you.

It will eh? So not just some tiny chance that trading your mostly broken moped for an old lawnmower will get you 'hurt' but certainty? This is news to most I'm sure. This seems to be a nerve for a lot of people, but the fact is if you fail to report a transaction even most cash transactions you will be completely fine. The IRS is bumbling and busy and watching porn and doesn't care about your $300 of labor or tools or toys, don't be afraid.

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BitMagic
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November 04, 2011, 05:45:16 AM
 #78

Since the general stance is that ignorance of the law is no defense, what you don't know will hurt you.

Just out of curiosity, do you disagree with this, generally?

No, I agree with the principle. My issue with it is that excessive complexity and conditionals in tax codes have made the tenet unrealistic to comply with, even for many law specialists.

If there has to be one, I'd be much more agreeable toward the oft-promoted flat universal tax, or a system of flat national taxation for corporations (including provinces/regions/states) and only flat local/regional tax for individual citizens and local businesses. This would be similar to software licenses in which educational/private use is free or a nominal fee versus commercial use requiring fully paid licenses. The simpler and less open to interpretation things are at all levels, the easier it is for everyone.

Your perspective?

I also agree with it generally.

My problem with flat taxes is the boilerplate: a 9% income tax on someone who spends 80% of their income on basic housing and food is a big freaking deal. a 9% tax on someone who spends 1% of their income on basic housing and food is meaningless. This is problematic.

Please give me your money, because I am a shameless libertarian elite who deserves your money more than you do: 9Hkao8U82WWDp6SQGn4k7ad9gT1LWeL5s3
notme
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November 04, 2011, 06:11:16 AM
 #79

Since the general stance is that ignorance of the law is no defense, what you don't know will hurt you.

Just out of curiosity, do you disagree with this, generally?

No, I agree with the principle. My issue with it is that excessive complexity and conditionals in tax codes have made the tenet unrealistic to comply with, even for many law specialists.

If there has to be one, I'd be much more agreeable toward the oft-promoted flat universal tax, or a system of flat national taxation for corporations (including provinces/regions/states) and only flat local/regional tax for individual citizens and local businesses. This would be similar to software licenses in which educational/private use is free or a nominal fee versus commercial use requiring fully paid licenses. The simpler and less open to interpretation things are at all levels, the easier it is for everyone.

Your perspective?

I also agree with it generally.

My problem with flat taxes is the boilerplate: a 9% income tax on someone who spends 80% of their income on basic housing and food is a big freaking deal. a 9% tax on someone who spends 1% of their income on basic housing and food is meaningless. This is problematic.

I've usually heard this proposed along with a pre-bate check on goods up to the poverty line, so basic necessities.  Then we are only taxed on the extra we consume.

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BitMagic
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November 04, 2011, 06:45:24 AM
 #80

I've usually heard this proposed along with a pre-bate check on goods up to the poverty line, so basic necessities.  Then we are only taxed on the extra we consume.

I've usually heard any kind of pre-bate check is considered to be an unfair social safety net that would work better in the free market.

I'm not actually picking a fight, but I have literally never heard a big-R Republican, big-L Libertarian, or even little-l libertarian support basic subsistence/healthcare provided by the state to any degree.

That being said, it's not a terrible idea. But it still doesn't get at the one big problem non-libertarians and libertarians will always be embittered over, and where this discussion is eventually heading: if you have more money than someone else, do you deserve it?

Please give me your money, because I am a shameless libertarian elite who deserves your money more than you do: 9Hkao8U82WWDp6SQGn4k7ad9gT1LWeL5s3
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