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Why does this guy think that Bitcoin can't be taxed? It's not like the government has magical dollar taxing beams. My employer would be in a terrible legal situ
by humbledrone 13y ago
Why does this guy think that Bitcoin can't be taxed? It's not like the government has magical dollar taxing beams. My employer would be in a terrible legal situation if they did not withhold taxes from my income, and I would be in a similarly bad situation if I knowingly did not pay my taxes. Really, nothing should have to change if my income is in Bitcoins -- my employer will withold, and I will file taxes every year.
- ryanthejuggler 13y agoAgreed... back before electronic transactions were a thing, cash was about as untraceable as bitcoin, and taxation was still effective.