12-31-2021, 05:41 PM
If the government wanted to find a solution to tax evasion wouldn’t the government
<!-- SC_OFF --><div class="md"><p>Okay, maybe I’m wrong. Maybe it’s not a scalable solution. Who knows.</p> <p>DeFi has crypto with these automatic taxes taken out on every transaction.</p> <p>Wouldn’t the government benefit from a crypto built to tax all transactions and the tax would automatically be sent to a government-owned wallet?</p> <p>Let’s say you purchase a meal at a restaurant for $20. The tax would be 10%, so $2 worth of that transaction is automatically sent to the government-owned wallet. This would possibly save hassle when tax season is here. </p> <p>As far as tax write-offs I’m sure there’s a solution for this as well.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/CryptOccurrence"> /u/CryptOccurrence </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rs6woo/if_the_government_wanted_to_find_a_solution_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rs6woo/if_the_government_wanted_to_find_a_solution_to/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Okay, maybe I’m wrong. Maybe it’s not a scalable solution. Who knows.</p> <p>DeFi has crypto with these automatic taxes taken out on every transaction.</p> <p>Wouldn’t the government benefit from a crypto built to tax all transactions and the tax would automatically be sent to a government-owned wallet?</p> <p>Let’s say you purchase a meal at a restaurant for $20. The tax would be 10%, so $2 worth of that transaction is automatically sent to the government-owned wallet. This would possibly save hassle when tax season is here. </p> <p>As far as tax write-offs I’m sure there’s a solution for this as well.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/CryptOccurrence"> /u/CryptOccurrence </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rs6woo/if_the_government_wanted_to_find_a_solution_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rs6woo/if_the_government_wanted_to_find_a_solution_to/">[comments]</a></span>Kind Regards R