Alternate Headline: Government continues to ensure people only Hodl their stack even harder.
#[0]
Alternate Headline: Government continues to ensure people only Hodl their stack even harder.
#[0]
So basically just treat Bitcoin as a stock for tax purposes
Bitcoin collateral for serviceable fiat debt.
CGT = 0
I’m actually in favor of this.
2022 might have been the last chance to do much tax loss harvesting anyway.
Was literally anyone asking for this?
Great work gov
Totally feels like you have our best interests in mind
Can I swear in here and not get banned?
39.6% surtax on a cup of coffee or beer. Good luck trying to collect that. 🤡
And they are proposing hiking the cap gains rate to the top rate.
Fine…I’ll just HODL and borrow meagerly against my stack forever with a loan from Unchained Capital.
Come and take it. You’ll never get it. Ever!
You guys were selling your Bitcoin??
There is no benefit to the market for all the wash trading and manipulation of the past cycle.