Replies (9)
You must have a good CPA, with so little taken. π§
Petition to rename "capital gains tax" something more honest.
I'm thinking "steal and disincentivize growth" but it's not very catchy
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de minimis exemptions suck. they do not get you out of keeping records or tracking partially consumed lots. they just impose additional logic onto the tax calculations. if you already evade taxes, then there's no benefit, and if you don't, you will end up wasting more time and money on tax prep. most people who would like to comply with the law are not going to be able to do it correctly because it's too complex, and this doesn't fix that.
Thatβs like an advert from the future
based
Would it be $600 total per year or $600 per transaction?
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