>gamble on stocks/crypto
>win
>government takes a cut
>lose
>government doesn’t give you jack shit
Is anyone here willing to defend the injustice known as capital gains tax?
Gamble on stocks/crypto
Daniel Hughes
Owen Martinez
But muh roads
Asher Ortiz
They will give you up to $3000 in tax credit for losses
Caleb Smith
Are your retarded? If you make $1 off your 5000 rupee investment your tax would be around 20c, unless you live in a financial special needs country where it would be over 60c
Those 75c determine whether your village has working toilets this month or not.
Jack Wright
I get tax back if I lose on stocks.
Though I assume my country takes a bigger winning cut
Elijah Stewart
Who else will satiate the ruling class goyim? we need your money to fund tranny parties
Chase Miller
j don't pay taxes lol
Parker Reyes
taxation is theft.
Eli Gutierrez
I wonder if this applies if you don't pay tax, i.e. you don't make over the tax threshhold. Genuinely curious
Parker Allen
I live on a retarded country where no matter if you lose you will always get taxed 20%.
Let's say you have $1000 bought a shitcoin and you sell at a lose like a good Zig Forums user, now you have $500. If you moved to my national currency then you get taxed 20% of those $500.
Of course the trick here is to never move it to my national currency but imagine those retards who only use exchanges with my national currency instead of usdt or other stablecoin.