When were rich

I think the best shot you have is to get a tax lawyer.
Protip: make sure he is a jew
Protip2: make sure he is an ashkenazi jew

then fucking move out of that commie state

First I need the shekels my friend. In the mean time I'm hoping for an earthquake.

fucking christ dude. I remember when I was in Berlin and saw my receipt after my first purchase... 19% sales tax. I thought it was a fucking joke until I looked it up... some countries have 27% sales tax. I can't even imagine what income tax is like

Don't forget, under Trump's new tax system, you can't write off state taxes towards your federal income either. It's amazing how fast shitlibs ruined an incredible state.

by sales tax do you mean VAT? That's 21% here.

15% of 500,000 is 75,000 dollars, which I could use to better my friends and family. Fuck the government and their nasty ass chemtrails, GMO food, and welfare. Don't tread on me.

Shit... or i could just take out basically my current yearly wage and live tax free??? Am i reading you right user? American. Also, my main stack of link was bought dec 30 2017. didnt plan on selling til dec 31 this year. I currently work my ass off making about 40k a year.

hahaha fuck california

I've thought of a way to get around it but it's annoying and probably illegal. I can share it with you if you wish, but I highly suggest you don't try it for your own sake.

Yes dude, unless you live in a state that taxes you on top of federal taxes like you can cash out $38,700 of long-term capital gains income TAX FREE. Hold for as long as you can before you sell though, Chainlink will be $xxx before the decade is over. At $100/LINK you could sell 400 and make your current annual wage nearly tax free.

Kinda want to just wash any link I sell with monero and go that route for cashing out

I'm more worried about how I'm going to deposit the money once I cash out...won't the bank freeze my account if I suddenly deposit a large sum of money?

Taxes will get exorbitant on crypto especially in "first world" countries with the most gibs to fund, you'll face prison or possibly torture to squeeze it out of you if more zealous commie types seize power. Better to clear the sinking ship before it drags down everyone that wasn't fast enough.

GL

Yes, transactions over $10,000 are closely monitored by the government.

You will be lucky to successfully cash out to your bank in the first place, when you do that, you can start worrying about taxes

just never sell

before long the link will be more useful to you than other sorts of money

that's BS and you know it
CL might be successful for many years but who knows what's gonna happen to the fucking token itself, it could be forked and replaced with a stable coin, if you don't jump on the first good pump you're playing with fire

Why?

jump out*

1.64% capital gains tax.

And no 10000$ check everytime i go to hospital.
Get fucked ameriburger.

becuase if a bank sees that a neet with 0 or low income all of a sudden deposits 6 figures or more it's an instant frozen account and money laundering/criminal investigation thrown at you

I’d rather get raped by taxes than raped my Muslims.

Kek, you make it seem like it's a fucking mission. You can just call and tell them to expect a large amount to flow into your account and if it triggers a money laundering detection system then hire an accountant to log all your Coinbase and Binance purchases. Easy.

Another typical euroburger. I heard over 80% of you cucks don't even have a passport. Fucking cucks.

Pff get out of your moms basement. The world has always been changing you mongloid doomsday fag.

The all american basement pussy.