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RE: LOOPHOLE for the New 2018 Tax Law that Taxes All Cryptocurrencies in US

in #bitcoin7 years ago

Beware following this advice without first educating yourself on the implications of this. There are many loopholes in this argument which can be used to put you in federal prison for "tax evasion."

I agree with it in sentiment, but I know that the powers that be don't like people sliding through the cracks without them extorting their hard earned gains...I mean without paying their fair share of taxes...