Because that used to be illegal so there was no need to tax it
Also of interest: Taxes aren’t paid on stock buybacks which is why they became popular.
SippyCup@lemmy.world 1 month ago
Also of interest: Taxes aren’t paid on stock buybacks which is why they became popular.
Because that used to be illegal so there was no need to tax it
4am@lemmy.zip 1 month ago
They’re not traced because they used to be illegal and they shouldn’t ever be taxed because they should be made illegal again.
HostilePasta@lemmy.ml 1 month ago
The same way prospect (futures) markets should be illegal, as well as options. The rich apparently couldn’t make enough with regular stocks so they had to build gambling into it, and then inside trade to make sure they won.
Burn it down.
sik0fewl@piefed.ca 1 month ago
Should probably do both for when they inevitably become legal again.
4am@lemmy.zip 5 weeks ago
If it’s good enough for weed at the federal level I guess it’s also good enough for cash.