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Yes, but it becomes much harder to do once precedent is set. Interest groups spring up around the current status quo, and it takes a lot of momentum to convince
by bsbechtel 10y ago
Yes, but it becomes much harder to do once precedent is set. Interest groups spring up around the current status quo, and it takes a lot of momentum to convince the general population that a change is necessary. If EVERYONE is using Bitcoin and their effective tax rate is 15%, I don't think changing the tax rate to align with income tax rates will go over very well.
- homero 10y agoyou would pay income taxes and reset the basis
- deleted 10y ago[deleted]