Re:Craig Wright Is Not Satoshi Nakamoto
by cantrevealname on Tuesday May 03, 2016 @12:12AM
(#11617860)
> Besides which, on assets, taxes is normally only collected when an item is sold.
Plenty of countries have an asset tax that you need to pay annually[1]: Argentina, Spain, India, Norway, Switzerland, and Italy. Spain's wealth tax goes high as 3.75%!
Granted, it doesn't appear that Craig Wright's home country of Australia has an asset tax on cash or currency holdings.
Furthermore, if you think about it, pretty much every country in the world has a type of asset tax that you need to pay annually -- it's called property tax. You need to pay your annual property tax even if you never sell your house.
Re:Craig Wright Is Not Satoshi Nakamoto
by reddytowns on Tuesday May 03, 2016 @12:18AM
(#11617880)
Right, so we're talking about bitcoin, and you bring up houses. We're talking about Australia and you bring up other countries. Does the term strawman mean anything to you?
Re:Craig Wright Is Not Satoshi Nakamoto
by reddytowns on Tuesday May 03, 2016 @05:32AM
(#11619085)
I have to say, this downvoting without explanation is really uncalled for
Re:Craig Wright Is Not Satoshi Nakamoto
by reddytowns on Wednesday May 04, 2016 @03:32AM
(#11626800)
Passive aggressive pricks
Besides which, on assets, taxes is normally only collected when an item is sold. Since the bitcoin in possession by Satoshi were not touched, there should be no taxes owed.
Also, when you're rich, or perceived to be rich, people are afraid of harming you, and often treat you nicely in hopes you will return the favor, and this includes the government. If you don't see how this is true, then you have some awfully rose tinted glasses on my friend.