| 10:38 |
thimbronion |
!ticker xbtusd |
| 10:38 |
lekythion |
Kraken XBTUSD: 54684.20000 |
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~ 7 hours 12 minutes ~ |
| 17:51 |
billymg |
oh neat, 40% capital gains tax now (if/when it goes into effect) |
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~ 38 minutes ~ |
| 18:29 |
thimbronion |
Yeah if you decide to make over 1M |
| 18:29 |
thimbronion |
Which I guess no one will now |
| |
~ 1 hours 3 minutes ~ |
| 19:32 |
billymg |
they've already floated idea of "tax 'unrealized' gains" so i'm sure that will be the next step if too many maneuver to avoid this one |
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↖ |
| 19:34 |
billymg |
IRS also now arresting non-US citizens (not even former citizen, as in the case of the Liberty Reserve guy -- not sure if this is new or just new to me) |
| 19:41 |
billymg |
or, in case of the 1M threshold, print to the point where one needs that to live each year |
| |
~ 1 hours 2 minutes ~ |
| 20:43 |
asciilifeform |
billymg: see historic example, 'alternate minimum tax' |
| 20:46 |
asciilifeform |
billymg: re latest whatevernonsense.onion arrest -- somehow teaches nothing to the next gen of tormonkeys |
| 20:46 |
snsabot |
(asciilifeform) 2020-07-19 asciilifeform: shinohai: it entertains me that incidents like the linked item have 0 measurable effect on vpnism enthusiasts. ( rather like e.g. n-th, n+1st, ... , 'silkroad' trials had similarly 0 effect on the tor smokers ) |
| 20:47 |
asciilifeform |
re 'not even former citizen' -- could dispute; says right there, 'of russia and sweden'. sweden is reich territory. |
| 20:48 |
billymg |
asciilifeform: ah, right, the swedish half. and in any case made the mistake of traveling to california, which is where he got picked up |
| 20:48 |
asciilifeform |
observe that these folx are only ever picked up when (why? ask'em, not me) they set foot on reich soil. |
| |
~ 2 hours 15 minutes ~ |
| 23:04 |
asciilifeform |
http://logs.nosuchlabs.com/log/alethepedia/2021-04-28#1002515 << i for one am very curious re how -- even in principle -- reich might 'tax unrealized gains'. say gold--usd goes up, and you have gold teeth in yer mouth -- do you owe? what if haven't any money ? |
| 23:04 |
snsabot |
Logged on 2021-04-28 19:32:48 billymg: they've already floated idea of "tax 'unrealized' gains" so i'm sure that will be the next step if too many maneuver to avoid this one |
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~ 49 minutes ~ |
| 23:53 |
billymg |
asciilifeform: if i had to guess i'd imagine it would be implemented automatically on all "retail" brokerage accounts and various goxes |
| 23:57 |
asciilifeform |
billymg: i still can't picture this : say btc goes to 1m tonight, then comes back to 1$. you owe a % of 1m? with what will pay ? |
| 23:58 |
billymg |
in my head it would be whatever it was at midnight dec 31st |
| 23:58 |
asciilifeform |
and if it's 1m? and on jan1 next day, 1$ ? |
| 23:59 |
billymg |
heh, they would liquidate their 40% "share" of your btc, and the next morning you'd be left with 60% of now $1 btc |
| 23:59 |
asciilifeform |
(and if there's a forced sale involved, who are the buyers to be?) |
| 23:59 |
billymg |
tough break, better luck next year |
| 23:59 |
asciilifeform |
billymg: this is already baked, it's called usd in my shirt pocket |