People will just leave that jurisdiction to a tax haven if that’s the case. It would be the state shooting itself in the foot

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I might have to start looking into LLC’s for my bitcoin

They can try their best to tax the 12 words in my head but I don’t think they’ll be very successful.

If they know your address they can come after you for tax evasion

I would just simply move somewhere that won’t have those tax laws.

Easier said than done.

Fair