Yeah not to mention the fact that you bought the asset with income that was already taxed at source. Fucking ludicrous.

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Legalised theft is what it is at this point because this utterly nuts!

And if you play this to its conclusion, if one doesn’t file or refuses to pay, they just garnishee your wage at source for the balance plus a fine. We are reaching a point where a mass work stoppage would go a long way. Try re-shoring manufacturing when everybody stops working for three months.

I couldn't agree more! 💯 This is why I was excited about BTC in the early days before kyc, literally one could just quietly earn without the state interfering or knowing about it. Keep 100% of all their money. Best BTC use case imho assuming you are earning BTC P2P, and keep it in self custody