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US crypto 0% capital gains tax, non-US crypto 30%

Posted on 1/25/25 at 8:45 pm
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
15877 posts
Posted on 1/25/25 at 8:45 pm
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47222 posts
Posted on 1/25/25 at 8:57 pm to
Everyday you post how nobody is going to pay any taxes, pretty amazing.

Funny how it's US based crypto only. Trump coin getting preferential treatment over those non us coins like Bitcoin and Ethereum
This post was edited on 1/25/25 at 9:01 pm
Posted by FnTigers
Member since Sep 2021
1897 posts
Posted on 1/25/25 at 9:17 pm to
Just make USA holders 0% cap gains and give incentives to Crypto's created here or home base here.

What constitutes US crypto? Will be interesting to see.
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
15877 posts
Posted on 1/25/25 at 9:40 pm to
We are the news.

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Changes are coming, for the better.

Sorry, not sorry if you’re having trouble coping.


US Crypto:


XRP, SOL, HBAR, etc..
This post was edited on 1/25/25 at 9:45 pm
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47222 posts
Posted on 1/25/25 at 10:10 pm to
You realize that Congress would have to pass these changes, right
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
15877 posts
Posted on 1/25/25 at 10:16 pm to
Trump is going to make Congress his bitch.

Imagine voting no on no more taxes and then trying to run for re-election against a primary candidate backed by Trump and Elon afterwards.


It’s probably too late to put the genie back in the bottle already, I’ll be surprised if thousands (hopefully a lot more) don’t stop paying taxes already starting this year. They’ve already been told they shouldn’t have to.
This post was edited on 1/25/25 at 10:20 pm
Posted by bigjoe1
Member since Jan 2024
795 posts
Posted on 1/25/25 at 10:22 pm to
quote:

I’ll be surprised if thousands (hopefully a lot more) don’t stop paying taxes already starting this year. They’ve already been told they shouldn’t have to.


Who told people they don't have to pay taxes?
Posted by TheJunction
Mississippi
Member since Oct 2014
1593 posts
Posted on 1/25/25 at 10:44 pm to
Is Link a US company? Keep seeing mixed answers.
Posted by Woolfpack
Member since Jun 2021
978 posts
Posted on 1/26/25 at 5:07 am to
I dont know much about crypto except red lambo > blue lambo.

But, does it make sense if the US will stockpile crypto, wouldn’t it make sense to make a new crypto for that?

POTUS has the big brains involved in this tech dominance thing so why would the US buy BTC.

Since crypto has been around for some years now, what would make a coin more useful in the real world?
Posted by Longhorn Actual
Member since Dec 2023
2278 posts
Posted on 1/26/25 at 7:29 am to
quote:

Since crypto has been around for some years now, what would make a coin more useful in the real world?


Speed. Look into how many transactions are processed by credit card every day/hour/minute/second.
Posted by Art Blakey
Member since Aug 2023
279 posts
Posted on 1/26/25 at 8:32 am to
quote:

You realize that Congress would have to pass these changes, right


Back off sir, the retards are conferencing.
Posted by notsince98
KC, MO
Member since Oct 2012
20009 posts
Posted on 1/26/25 at 8:46 am to
quote:

Funny how it's US based crypto only. Trump coin getting preferential treatment over those non us coins like Bitcoin and Ethereum


The goal might be to force the issue on insider trading. Why can't trump have a meme coin if everyone else is making a killing off of tech and pharma via regulations?
Posted by jefforize
Member since Feb 2008
45006 posts
Posted on 1/26/25 at 9:08 am to
Can’t really find a clear answer either, aside from this

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This post was edited on 1/26/25 at 9:35 am
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
29864 posts
Posted on 1/26/25 at 10:15 am to
quote:

Trump is going to make Congress his bitch.

Imagine voting no on no more taxes and then trying to run for re-election against a primary candidate backed by Trump and Elon afterwards.


It’s probably too late to put the genie back in the bottle already, I’ll be surprised if thousands (hopefully a lot more) don’t stop paying taxes already starting this year. They’ve already been told they shouldn’t have to.

The US federal budget is roughly $7TT. Non-military discretionary spending is roughly $1T. If we cut 100% of that (literally never happening), that leaves us with a budget of $6TT without ever paying a cent towards the debt.

The United States imports roughly $3TT in goods annually. To cover our hypothetical $6TT, it would require:

1. 200% tariffs on all imported goods, no exceptions
AND
2. No reduction in the amount of imported goods.

My brother, if you think all of the above is at all possible, I'm genuinely not sure what to tell you.
This post was edited on 1/26/25 at 10:27 am
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
15877 posts
Posted on 1/26/25 at 11:59 am to
If it means that much to you, I’m sure the US Fed govt will still accept donations.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
29864 posts
Posted on 1/26/25 at 12:54 pm to
quote:

If it means that much to you, I’m sure the US Fed govt will still accept donations.

I’ll give you this one for free, under the assumption that you simply don’t want to feel embarrassed. But you’ll quickly end up in SDV territory if you keep this up, in which people will simply write you off as a non-serious hack who needs to migrate back to the PT.

Do with that what you will
This post was edited on 1/26/25 at 12:57 pm
Posted by VABuckeye
NOVA
Member since Dec 2007
37486 posts
Posted on 1/26/25 at 1:51 pm to
quote:

people will simply write you off as a non-serious hack who needs to migrate back to the PT


Already done.
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
15877 posts
Posted on 1/26/25 at 4:39 pm to
Name call all you want, just give it a few years and we’ll find out who was right and who ends up feeling like a hack.

DJT has a rep for following through and meaning what he says. Just ask the Colombian president.

This post was edited on 1/26/25 at 4:42 pm
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
29864 posts
Posted on 1/26/25 at 5:41 pm to
quote:

Name call all you want, just give it a few years and we’ll find out who was right and who ends up feeling like a hack.

DJT has a rep for following through and meaning what he says. Just ask the Colombian president.

I don't know about you, but I'll still be here in a few years, so let's get you on the record: you're saying that within the next four years, Trump will have the United States federal government functioning with a balanced budget with zero taxes of any kind on American citizens?

If that's not what you're saying, here's your chance to redeem yourself.
Posted by Chorizo chang
Statesboro
Member since Feb 2022
644 posts
Posted on 1/26/25 at 5:42 pm to
So where exactly does BTC fall under this scope of things. Or does it get an automatic pass for being the golden child and only coin old people can name

Not hating, it’s approx 1/3 of my crypto port but I have alot more money in Kaspa which fits into a similar basket. No foundation or company behind it and vast majority of hash rate is based in U.S. It’s often seen as an Israeli project because 2 of the 3 PhD primary devs are from there. The other is from here
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