FreeYoda on Nostr: If you have a lovely morning..., skip this one, I don't want to ruin it... Income ...

If you have a lovely morning..., skip this one, I don't want to ruin it...

Income tax.

Take a new perspective...

I am pretty much on a #Bitcoin Standard.
So as of January in my jurisdiction transferring #Bitcoin to fiat is being taxed with 30 %.

This means if I need fiat to buy a €7 item, #Bitcoin isn't widely accepted yet, I might need to transfer €10 worth of #Bitcoin to leave me after tax with €7.

Looked at it this way that €7 item became 42.8% more expensive 😳

This is why they love to tax income.

If you work, Europe, they also made it regular for income tax to besubtracted at company level.
That way it isn't as painfull if you get/see the full amount in your account and than been robbed..

Starve the beast.

#Bitcoin & move to #Bitcoin friendly jurisdictions !