You are viewing a single comment's thread from:

RE: Coinbase, Bitcoin, IRS?

in #cryptocurrency7 years ago

It is amusing to watch the crypto community and the government conversation on privacy and taxes.

As more and more people profit from their digital currency portfolios I imagine we'll see migrations to countries or states where the tax laws are more favorable - it seems to be happening already in places like Puerto Rico.

Sort:  

Going from a teenager to an adult, I now truly appreciate the hatred of all things taxes and the IRS that my parents had. How bad does it feel for a government agency to intrude on your life just so they can make sure that a portion of almost every single cent you make must go to the government? Not sure about anyone else but this really irks me...

It is an irksome task to deal with each year.