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And here I thought nothing would make my dumb government's decision to boost cap gains tax to 66% of a disposal seem less bad...
A tax on gains that I haven't freaking made is insane. Does that mean that unrealized losses can be counted against my income too? Because shit, I'll buy some garbage coins that I know will die just to offset.
If this ever got rammed through, the age of Buy The Top for truly garbage shitcoins is going to be a direct result, because I don't see a way for them to realistically tax unrealized gains without also allowing you to claim against unrealized losses.
You can't just take the part that makes you money.
RE: Then-They-Fight-You Phase Intensifies.