MultiversX Tracker is Live!

Tax loophole for Crypto holders included in the new 3.5 trillion dollar bill. But billionaires using every tax loophole in the book is completely fine for the government.

All Cryptocurrencies

by COINS NEWS 185 Views

You have billionaires laundering tens of billions of dollars into tax havens every year. Moreover, billionaire wealth isn't taxed, only income is taxed. Some billionaires literally pay less taxes than teachers.

It's infuriating how much they're biased against Crypto.

Apparently to avoid to avoid taxes: "One thing savvy investors do is sell at a loss and buy back bitcoin at a lower price, they want to look as poor as possible." -said Shehan Chandrasekera, head of tax strategy.

Yet when billionaires literally do the same shit again and again for decades, there's absolutely nothing wrong it somehow. And it's not even concerning to them that billionaires are the ones acting poor.

Apparently Crypto investors act poor when billionaires are taxed on their 5 digit yearly salary instead of wealth. Talk about hypocrisy.

submitted by /u/Many_Scratch2269
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments