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28385908 No.28385908 [Reply] [Original]

Do Americans seriously pay FIFTY PERCENT on capital gains??

HAHAHAHHAHAA OH NONONONO HAHHAHAHAHA WHAT THE FUUUCKKK HAHAHAHHAHAA

>> No.28385968

No way you can't be serious

>> No.28386118

>>28385908
>Do Americans seriously pay FIFTY PERCENT on capital gains??
No. Are fucking retarded?

>> No.28386135

>>28385968
holy shit it's real

>> No.28386391

Ireland here. Have to pay 33 pc and then the rest after that is taxed as income.

>> No.28386592

>>28386391
Is this true? Seems a bit insane

>> No.28386719

>>28386391
What? I though Ireland would be more reasonable.

>> No.28386756

>>28385908
We don't pay 50%. Its variable.

>> No.28386828

>>28385908
Depends on the state.

>> No.28386896

holy shit burgers are cucked beyond belief.

>> No.28387057
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28387057

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.28387067

>>28385908
No. It's about 30% in the states.

>> No.28387108

>>28385908
TFW 1.18% ON AVERAGE HERE HAHAHAHA

>> No.28387175

At least I don't have to pay anything in Russia

>> No.28387201

>>28386719
>>28386592
No. Literally steal all they can. For example my 9 to 5 pays me 32k a year. This is taxed at 20pc. If it paid me over 35k a year then I am taxed at 20pc to the 35k and then anything I earn over 35k is taxed at 40%. You can imagine how you feel cheated when you bring in yearly profit from crypto on top of your wages.

>> No.28387423

>>28387201
I was wven planing on mocimg over there. I'll just go to switzerland.

>> No.28387438

>>28387108
Where r u?

>> No.28387527

>>28385908
Short term gains are taxed as income, capped at 40% at 500k.
Long term, more than a year, is capped at 20%.

>> No.28387598

>>28385908
One of the two biggest advantages of living in eastern Europe. Small gains are enough to make me rich here and I don't have to pay taxes.

>> No.28387644

>>28385908
No we dont, fucking retard.

>> No.28387776

>>28387423
But if you look at the upside from all that tax. Welfare is 203€ a week if you lose a job. You also have housing assistance payments. Single parent payments. Children's allowance. State pensions. Right now I am on something called pandemic unemployment payment which pays €350 a week because I am out of work thanks to covid19. Downside is that a lot of people cheat the system and easily get away with it. Welfare? People are on it and working but being paid cash under the table. Housing assistance? Whole families working cash under the table jobs. Same with pandemic payments. Then you have people on welfare who just wont work and dont want to work.

>> No.28387907

>>28387776
That's all well and good until you remember how little a company like Facebook or Amazon pays the government here.

>> No.28387983

>>28387776
Jesus to think people who work get taxed liked that. Idk just seems unfair. Welfare needs to be abolished. Just use a negative income tax. I would be much happier to pay that, instead of the black hole that is the welfare state.

>> No.28388447

>>28385908
No, it's about 47.89%

>> No.28388934

>>28387907
The retarded government here went to European court to prove that Apple didnt owe them 14bn in taxes. So not only did they miss out on 14bn they cost the taxpayer even more to go to court. Mind boggles.

So where is good to trade crypto from where I wont be stung and bent over like this?

>> No.28389272

>>28387776

but I don't wanna pay for any of that shit. Sink or swim. Laissez-faire. Welfare just enables poor decisions and encourages moochers and gibs.

>> No.28390107

>>28387438
the white house

>> No.28390285

It's taxed as regular income, up to a point - $40k if single, $80k if married
And THEN you worry about the punishing long/short term capital gains taxes - but only if you cash out
If you cash out enough money to buy a Lamborghini, you are going to get raped by the government
If you live like a pauper, you pay very little

>> No.28390354
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28390354

>>28385908
HAHAHAHAHAAA YE THEY DO AAAHAHAA cough cough wtf is this oh AHAHAHAHAHAAA

>> No.28390684

>>28388934

They bring so much unemployment you can't rock the boat that way. Everyone is aware our only appeal is the low corporate tax rate, if they upped and left it would fuck us up

I remember in school they actually tried to tell us they come here because the Irish people are "technically-gifted" and "intellectual" in a way other countries aren't lol

>> No.28391192

>>28390684
These top tech companies in Dublin employ less than 30% of Irish citizens.

>> No.28392292

>>28387776
>Welfare is 203€ a week if you lose a job. You also have housing assistance payments. Single parent payments. Children's allowance. State pensions
So shit only losers who cannot plan for the future care about.

>> No.28392379

>>28385908
Learn to research dipshit.

>> No.28392468

>>28386391
Only have to pay CGT not income tax. 33% is enough for me to go to Portugal for a year lmao