taxing capital gains is often taxing inflation
I never thought about that before, but you're right. They're taxing a tax. The criminal part of my mind thinks that is the best scam ever. Now I wonder how you could tax a tax on the tax. A 1040 filing fee?
It's not really a tax on a tax, it's a way to (partially) undo your escape from a hidden tax.
Lol, I offered to give him 1XBT, he turned it down equating it to crack.
Nonsense, crack isn't as addictive as bitcoin
