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RE: Are Hive Rewards Taxable Events?

in LeoFinance3 years ago

If I were an attorney, I think I could make a strong case that nothing in crypto is taxable. I would also contend that barter is not taxable, although according to IRS it is. Given the income tax exists (a curse on all who passed that 1913 amendment to the Constitution--because our founders were not stupid or evil enough to allow an income tax in the original document) I would argue that unless we are using the government's currency, they have no basis for taxing anything. The existence of the IRS negates/threatens all the freedoms the Constitution is supposed to protect. IRS exists to completely control us and to destroy anything the party in power does not like.

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It will be interesting to see such a strong argument. You don't need to be an attorney to make an attorney. You hire attorneys to represent your argument. I think income tax existed even before 1913, but was very low.