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A comment on The IRS Sets a Trap for Cryptocurrency Tax Cheats. Parent comment

Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats by verst on Saturday September 26, 2020 @01:22PM (#24600483)
Tax rate is 42% for all income above 55,960 Euros in Germany. That doesn't even include a few other taxes you might likely have to pay.

Top tax bracket for the income tax portion is 45%.

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Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats by klipt on Saturday September 26, 2020 @11:09PM (#24603911)
But I assume housing is more affordable than the $2 million houses in Silicon Valley.
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Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats by verst on Sunday September 27, 2020 @10:32AM (#24606918)
Wages in Germany are much lower. Owning a home in a city like Berlin doesn't seem a lot easier than in SF. People are fine doing long term rentals with rent control.

Not everything is about Silicon Valley. You can move away to afford better housing. That's what I did.

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