Altcoins Talks - Cryptocurrency Forum

Further Discussions => Legality & Taxation of Cryptos => Topic started by: philipma1957 on December 25, 2024, 03:55:43 PM

Title: Will Trump change capital gains for btc sales in 2025.
Post by: philipma1957 on December 25, 2024, 03:55:43 PM
I voted option 4. I think if you sell your btc directly to the SBR he will waive your cap gains tax.

Of course this would only be for people that are obligated to file us tax returns.

opinions?
Title: Re: Will Trump change capital gains for btc sales in 2025.
Post by: Stompix on December 25, 2024, 04:21:46 PM
I voted option 4. I think if you sell your btc directly to the SBR he will waive your cap gains tax.

Why would they do that, it offers no incentive for them, the people who would sell directly are the most law-abiding ones who would have paid taxes anyhow, if they would aqauire the coins directly they would do so from tax evasion cases, that's where there is room for negotiation.
But before any of that, they will need to deal with that 2.5 trillion in spending cuts, good luck cutting taxes while cutting spending also by that margin.
Title: Re: Will Trump change capital gains for btc sales in 2025.
Post by: philipma1957 on December 25, 2024, 06:21:19 PM
well he is likely going to want to lift the debt limit.

so this makes it possible to print money.
Title: Re: Will Trump change capital gains for btc sales in 2025.
Post by: Stompix on December 26, 2024, 02:35:50 PM
well he is likely going to want to lift the debt limit.
so this makes it possible to print money.

The debt ceiling even if removed doesn't mean they will print money, the M2 is actually shrinking, so Trump spending as much as he can is not related to the amount being printed, he can go full debt, but will he do that?
He has a shitton other things to spend money on so I doubt once he has secured the votes he cares about crypto anymore, you know pretty well how fast he forgets things he promised, so the question would be, what doe she have to gain from keeping the promise since he obviously won't run again?
Title: Re: Will Trump change capital gains for btc sales in 2025.
Post by: philipma1957 on December 27, 2024, 04:35:04 AM
well he is likely going to want to lift the debt limit.
so this makes it possible to print money.

The debt ceiling even if removed doesn't mean they will print money, the M2 is actually shrinking, so Trump spending as much as he can is not related to the amount being printed, he can go full debt, but will he do that?
He has a shitton other things to spend money on so I doubt once he has secured the votes he cares about crypto anymore, you know pretty well how fast he forgets things he promised, so the question would be, what doe she have to gain from keeping the promise since he obviously won't run again?

well,he was talking about taking back the panama 🇵🇦 canal and conquering Canada 🍁

If he was to try that I would think BTC and all of crypto would the least of our concerns.
Title: Re: Will Trump change capital gains for btc sales in 2025.
Post by: Stompix on December 27, 2024, 02:39:07 PM
well,he was talking about taking back the panama 🇵🇦 canal and conquering Canada 🍁
If he was to try that I would think BTC and all of crypto would the least of our concerns.

Haven't you got used to all his talk?
The only thing about this is I'm curious why Greenland, I understand Canada and the canal, but Greenland? Strategically it's useless if you want a blockade he would need to buy Svalbard or occupy Iceland, so I guess he saw something big on the map and said to himself I want it.
Title: Re: Will Trump change capital gains for btc sales in 2025.
Post by: philipma1957 on December 28, 2024, 01:36:10 AM
well,he was talking about taking back the panama 🇵🇦 canal and conquering Canada 🍁
If he was to try that I would think BTC and all of crypto would the least of our concerns.

Haven't you got used to all his talk?
The only thing about this is I'm curious why Greenland, I understand Canada and the canal, but Greenland? Strategically it's useless if you want a blockade he would need to buy Svalbard or occupy Iceland, so I guess he saw something big on the map and said to himself I want it.

Do you think he understands scaling on a flat map which makes greenland 2x  its true size.😉