@bryanrosswins: #duet with @crypto_granny This is a fantastic point to consider... very profound and relevant! #bitcoin #btc #crypto

Bryan Ross
Bryan Ross
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Region: US
Wednesday 17 November 2021 20:49:09 GMT
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dotcomdaddy
DotComDaddy🦩 :
So Elon pays 1% tax and I gotta pay 50% what world are we living in
2021-11-17 21:13:35
33
bryanrosswins
Bryan Ross :
✅This problem will NOT affect “HODL’ers” who don’t sell in 2021. It will only affect you if you’ve been actively trading and accruing realized gains.
2021-11-17 21:28:09
87
user527981775067166
user527981775067166 :
You don’t pay taxes if you don’t sell - am I missing something
2021-11-17 20:54:15
48
bryanrosswins
Bryan Ross :
Could this lead to a crash in early January as everyone rushes to take profits after end of year? 🤔🧐
2021-11-17 21:13:55
21
neal.ai.art
Neal :
What if I lost all my private keys in a boating accident before the end of the year?
2021-11-17 20:57:59
9
vahesworld
vahesworld :
unrealized cap gains won't pass. then all the politicians would have to pay more taxes.
2021-11-17 22:36:25
8
dags257
Dags 24 :
I feel youre confusin people-If u been trading N movin profits 2 a stable coin rather than cash u shouldnt have to pay taxes on that- is that Correct?
2021-11-18 08:50:49
4
petervanhaeften
Peters ain't :
everybody has to pay tax concentrate on trying to make more money
2021-11-17 21:29:45
4
jonkoryjoseph
Jon Kory Joseph :
I think about this every day
2021-11-17 22:25:01
3
adrxer
User1369 :
SAY MORE, I don’t understand
2021-11-17 21:31:57
2
markinmaryland
Mark :
Even if you don’t sell many of us (me included) have swapped coins without thinking about creating an event… ugh
2021-11-17 21:54:49
2
lcsheree
lcsheree :
Why don’t I understand any of this 😭
2021-11-19 07:01:27
2
mrnice7775
Mr Nice :
Hope you all wash traded on the July big dip to offset gains. surely you all know that?
2021-11-17 22:46:38
2
fuktheradio
FUK THE RADIO :
It won't affect anybody until 2024
2021-11-18 05:56:05
1
elcaminoalabuenavida
morningstar :
well i got 2 nationalities im mexican and american can i just cash my crypto in mexico ?
2021-11-18 02:19:59
1
edrake04563
E :
I spoke to a tax attorney about this and his indication is that you pay capital gains on value created minus capital losses for the same time period.
2021-11-18 05:47:02
1
tkay_88
The Highlander 🏔️ :
That’s exactly the point of Islam’s assets tax (Zakat). To stop hoarding resources and spend it so people can prosper or be taxed and give to the poor
2021-11-18 05:17:47
1
o.ubk.o
UBK :
If it goes down, you sell and buy it again right away, it counts as a lost.
2021-11-18 03:09:04
1
x28_shaungallegos
Shaun Gallegos :
That’s how they’re going to shake up everybody holding on the coins that they want to hold
2021-11-18 04:34:59
1
tuckncrypto
Tuck :
ppl freaking out😳it doesn't even kick in until 2024 wtf😳
2021-11-18 03:55:31
1
storyteller080
Storyteller :
This is when I realize how equity imbalance intentional financial illiteracy targeted at BIPOC communities come into focus. Enjoy ur conversation.
2021-11-18 03:51:07
1
cookingandclothes
So Little Time :
Your taxed when you sell . Hold for a year and over for tax break . If your down you can sell and take a certain amount off taxes for your losses
2021-11-18 03:45:05
1
livbounty
LivBounty :
Only if you sold!😂
2021-11-18 03:40:24
1
user55735573557355
user55 :
taxes on unrealized gains is an insane idea .
2021-11-18 03:29:28
1
feriafer
F R :
How bout we just go and kick out these crooked politicians
2021-11-18 03:24:54
1
adiosrhello
Adios Rhello :
keep stable coin....that's it ?
2021-11-18 03:23:21
1
smokinthabear76
smokinthabear76 :
nah fuck the IRS😂😂😂 foreign debt collector for the crown and Vatican
2021-11-18 03:19:23
1
user944302188080
user944302188080 :
this is not happening. not unless unrealuzed capitol losses are credited as well.
2021-11-18 03:18:40
1
c.mkruger
C.M. Kruger :
I don’t worry about taxes
2021-11-18 02:04:49
1
gm11348
G M :
holding is not a taxable event.
2021-11-18 03:07:38
1
dk777st
Stegnation :
When I start putting more in my checking account from crypto then I took out ull worry about it.
2021-11-18 01:57:57
1
darinbruck
Darin Bruck :
Ku😏
2021-11-18 02:43:26
1
bluecollar2000
Michael :
If this cycle can last until Christmas Day, my entire portfolio is in long term cap gains 👍🏻
2021-11-18 02:41:42
1
senatorpoliticus
DW :
Capital gains tax is BS and makes no sense.
2021-11-18 02:38:17
1
uhmwhatamidou
uhmwhatamidou :
Why would anyone give the govt money on something they haven’t realized? Is there some moronic thing going on I’m not aware of
2021-11-18 02:25:05
1
user534787836545
user534787836545 :
outstanding!
2021-11-18 02:24:49
1
r72tech
R72Tech :
Definitely not being weird, extremely wise and smart
2021-11-20 14:27:15
1
_freshcilantro
Me :
@jasminecuppy babe remind of this
2021-11-19 06:58:47
1
tukangiseng88
toekanghiseng88 :
it's only fair if losses are taken into account on a set "snapshot" time.😏
2021-11-19 06:16:23
1
vincevanderhoof
vincevanderhoof :
All my crypto got lost in a boating accident 🤷
2021-11-19 03:03:10
1
lawrence_j_erryday
Lawrence M :
I like crypto granny. And she’s a Buffalo bills fan
2021-11-18 22:17:59
1
eddiemartinez.03
user469041870465 :
You don't pay Capital gains until you take the $$$ out.
2021-11-18 19:08:18
1
creativeangela
Creative Angela :
I’m holding
2021-11-18 18:19:17
1
user679711677238
user679711677238 :
This makes no sense. You don’t pay unrealized capital gains
2021-11-18 17:00:41
1
_nathantice
Nathan Tice :
it's going to crash hard after December
2021-11-18 16:11:36
1
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