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 So Roger Ver got arrested. #Bitcoin https://www.justice.gov/opa/pr/early-bitcoin-investor-charged-tax-fraud 
 Massive downward spiral 
 They want our coins.. nothing new. 
 Who's next? 
 Even though Ver was not then a U.S. citizen, he was still legally required to report to the IRS and pay tax on certain distributions… 
 Extortion 
 Ver is a crazy guy and if he did underreport his holdings then that’s bad news. Also, his businesses were US businesses. 

Are taxes too high? Is the exit tax sucky as heck? Yes and yes. But, it sounds like Ver is guilty of laws he should have known about. Yikes. 
 Tax is the crime, tax is theft. But the criminals will come after you if you don't pay up 
 I’m fine to pay some kind of minimum tax to live in a good place. But the US is getting excessive and the exit tax at $2m is a joke. A few more years of inflation and most folks will be making $2m a year. :) 
 Any amount of tax is theft and slavery. Some people are fine with having their time stolen from them. I am not. 
 Totally fair. But then you cannot expect to live in a place with services like roads, police, military, etc. Unless those things can be subscribed to or paid for like how anarchists believe (which could happen - I just haven't seen it happen anywhere yet).  
 Muh roads 
 Roads? Where we’re going we don’t need roads. 

:) 
 Is it a percentage or a number?  
 It is currently at $2m. Any assets over $2m are treated as if sold and you pay taxes at cap gains rates.  
 Satoshi will never reveal himself now, if there was any question about it. 


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 Satoshi will never reveal himself now, if there was any question about it. 
 
 Greg Maxwell pointed out on reddit that Ver wasn't on the exit tax list about 5 or 6 years ago. 
 the way they phrase this is fucked 
"In total, Ver is alleged to have caused a loss to the IRS of at least $48 million." 
 Damn the suits are busy this month, I wonder how long this goes on? Who would be potential targets? 
 Correct, but his businesses were US based. Also, the US has an exit tax when you expatriate - which sucks.