>capital gains tax
>>62223496its bullshit as fuck its honestly retarded that they can tax your income and then tax you again for anything you use that income to generate more moneylike why wtf u already taxed this money once and then any money i make using the taxed money is also taxed, fucking jews.
>unrealized capital gains taxThe wagie chimpout will be insane.
>no cap tax
As an investor on welfare I am extremely conflicted about this. I need muh gibs because the game is rigged but I still dream of making it someday and taxes don't help.
>>62223496hold for at least a year and lower your taxable income below the minimum where they charge capital gains tax
>>62223496Why do we let them do this?
>property tax
>tax
>property taxWhat the fuck is this
>>62223496it's fucked. I'm sure there are many crypto kids out there that realized gains and then lost it all without realizing losses.
>>62223687Because they know you won't do shit.
> Pay taxes so shaniqua can stay huddled in her section 8 shack and shit out half a dozen kids (after multiple abortions) and keep them away from your white neighborhood
>>62223496>anything but a single land value taxthere's no excuse
>>62223857If I ever make it I'm funding a bus that goes around America paying blacks $500 a snip for vasectomies.
>>62223928It wouldn't be overtly racist but it'd only go around black neighborhoods and prisons
>>62223496>reit dividends taxed as ordinary income
>>62223651>govt rugs that idealol gg better luck next life
>>62223496Honestly if your NW is under 1 mil usd you shouldn't have to pay any tax
>>62223948it's not rugged yet. why aren't you doing it?
>>62223496>net investment income tax
>corporate income tax>individual income tax on corporate distributions
>>62223623Capital gains tax only applies to people with a job that comes with taxable income. Welfare money in this case might not be taxable income. I am not a tax lawyer by the way. I am merely a shitfaced Internet personality with an invested small interest in rare Earth mining.
I paid my educational taxes!
>>62223687Because you're a faggot.
>>62223508I don't think they could get away with that here in the States.
>>62223496>time to shave sheep
>>62223687poor people and commies kick up a storm whenever capital gains taxes are too low is why it even exists in the first place. Singapore for example has 0 CGT so CGT are not a given. It's crabs pulling other crabs back in the bucket.
>state income tax
>>62224152I'm in the UK and CGT applies to anyone that makes a disposal of assets resulting in capital gains above your yearly allowance, which is now something like £3,000.So, it doesn't matter if you have a job or not, if you profit above that threshold and the asset is not in a tax-protected account (ISA etc.) - you're paying the toll. I imagine this is the setup most countries have.You seem to be conflating income tax with CGT? Either that or suggesting that jobless people don't have to pay CGT when they profitably dispose of assets. Both being incorrect as far as I know.
>>62223496> Solidaritätszuschlag
>>62223508This is the most insane shit I've seen. The Netherlands are trying to do this.
I owe massive CGT after selling BTC last year, the next 3 months I will literally be working just for the money to pay my tax bill.
>>62225803We should only have unrealized gains tax. That's right get rid of all the other taxes and then set the unrealized gains tax so that the revenue is the same as all the old taxes put together.
I'm proud to be an American. Where poorfags pay no CGT.
>>62223496Kekaroo
>>62225906don't forget standard deduction on topyou need like a 2 mil folio but you can get to the point where you're making the equivalent of a wagie's 170k a year with relative ease.
>>62223496Rich people don’t pay capital gains tax btw. They get loans on their assets which is tax free.
>>62225927Yup, thats my goal. Fuck taxes and working.
>>62223496>Unrealized capital gains tax of 36%It's over>>62223508Fuck my chud life
>>62223496Skill issue
>>62223651>below the minimum where they charge capital gains taxThere's no such thing where i live
>>62223496dont sell, dont have to pay it
>>62223928>>62223930Doing God's work anon
>>62225857>We should only have unrealized gains tax. That's right get rid of all the other taxes and then set the unrealized gains tax so that the revenue is the same as all the old taxes put together.this comment is giving me an aneurysm because it's absolutly true.
>>62223496> wealth tax
Seattle wants a 10% sales tax on consulting services
>>62223508>unrealized capital gains tax
>>62223496Did you remember to make your first quarterly estimated tax payment for this year?!I didn't know about that until April 8th!It's fucking bullshit!
>>62227505good. I live in Seattle, I've seen a bunch of rich (((consultants))) around here that aren't paying their fair share.
>>62223496Shit should apply to over X amount, like 25 or 50k
>>62224168How the fuck do people rack up that much college debt? Don't tell me it's tuition it has to be the fact that live way above their means never cooking food and ordering every single meal including overpriced garbage coffee.