Bitcoin Forum
May 29, 2024, 11:18:58 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: In a world of financial oppression Bitcoin is the the only escape route  (Read 476 times)
Odusko (OP)
Hero Member
*****
Offline Offline

Activity: 910
Merit: 512


View Profile WWW
August 28, 2022, 08:48:00 PM
 #41

Recently I tried to analyze the impact of these duty stamp payments on electronic transfers and on small traders, most especially those who are involved in cryptocurrency trading that make tens of transactions in a day, the truth is they are the most hit from this unfair government's banks acting as the stamp duties end up eating up all the profits they make from they daily trading just imagine if a trader executes 10 trades in a day and that will amount to #50 × 10= #500 which is is kind of high a tax a user can pay just for bank transfers that you are already charged by for bank for transaction fees which some time range from #20 to #30 per transaction of any amount on you account so the fee is approximately getting to #100 per transaction of 10 thousand and above.
This is a harsh economic policy that the current administration has brought to generate tax without minding the economic impact of this policy on small and medium-sized businesses.

Available
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!