I am cautiously optimistic that trump will eliminate the taxes on Bitcoin, but that I want to sell my Bitcoin, but it’s wrong anyway. Also it would open up the idea of buying bitcoin to a lot more people I think, if they can trade it as they choose and feel comfortable if you know what I mean.
Do you have to declare your gambling winnings on your taxes?
Yes
The government is like mosquitoes 🦟 in a campsite 😂😂😂
Yeah 😂, this is also why people say the irs wins the lottery more than anyone else, is because they actually take more on that than most things, say you get really lucky and win a $1M jackpot, you may only actually walk away with $600k after taxes.
I'm not optimistic at all. Plan for the worst imo. I haven't even seen a proposal like that on the table.