Rabbit Hole Recap: Bitcoin Week of 2021.09.27
TFTC: A Bitcoin Podcast
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Taxing Unrealized Gains as Income
Yellen has been attempting to normalize this line of thinking since january. Shes guess we should probably be taxing unrealized gains as income. And kutsbe behindbeid, pushing it. So tat what does that mean? Taxes on unrealized gains, treating on realized gains as income and so you invest in bick when you bougt a bit coin at ten thousand dollars. Right now it's forty thousand dollars. You're paying like 20 % tax rate less. Si, haven't set it at a tax rat yet. We'll get to that.
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