Re:The IRS Sets a Trap for Cryptocurrency Tax Cheats
by PaulDavisThe1st on Saturday September 26, 2020 @05:18PM
(#24602212)
Most people (particularly in the US) do not understand this. In addition, the actual placement of the tax makes a great deal of difference. Owing 35% on income above $35k is very different than owing 35% on income above $220k. Very people know where the tax brackets are.
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