22 upvotes, 7 direct replies (showing 7)
View submission: Don't invest recklessly
The IRS is not going to be able to keep tabs under block chain technology. Income tax is disgusting and unconstitutional, I don’t give a fuck with the Supreme Court says. Your money is your money. I’m not against paying taxes but I am against government keeping tabs on every damn thing we do. It’s none of their fucking business what we do with our money unless it’s illegal. What you buy with your money is a different story. They are not going to be able to control taxes in less they adopt a national sales tax model instead of income taxes.
Comment by [deleted] at 01/12/2017 at 18:16 UTC
92 upvotes, 2 direct replies
Hurr durr durr hurr durr durrrrrrrrrr
Comment by [deleted] at 04/12/2017 at 14:48 UTC
33 upvotes, 1 direct replies
Doesn't the 16th amendment allow for income tax?
"The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration."
Comment by [deleted] at 01/12/2017 at 17:22 UTC
11 upvotes, 1 direct replies
The Empire will strike back one way or another. Tyrants aren't particularly fond of things that circumvent their control grids.
Comment by iclimbnaked at 03/12/2017 at 21:42 UTC
14 upvotes, 0 direct replies
This argument again.
Comment by KriosXVII at 07/12/2017 at 23:04 UTC
5 upvotes, 1 direct replies
Private corporations can identify you based on your metadata and browsing habits, but somehow you think the IRS won't be able to identify the public address that belongs to you on a public fucking blockchain ledger?
Comment by Metal_Charizard at 14/12/2017 at 14:22 UTC
3 upvotes, 0 direct replies
unconstitutional.
don’t give a fuck what the Supreme Court says
You know the constitution created the Supreme Court?
Comment by crisonthemove at 10/01/2018 at 20:41 UTC
1 upvotes, 0 direct replies
there are countries that think a little along those lines and have low taxation, you should move to those. america wil always want to tax every dime if you are their tax resident...