RE: Saturday - May - 12 - STEEM - Predict the Price and You Could Win Upvote $2!

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Saturday - May - 12 - STEEM - Predict the Price and You Could Win Upvote $2!

in contest •  7 years ago 

You should find someone who you don't know so you will get better deal for sure when you get ready, unless you want to help my bb project then let me know. But as a business man like you, I would like to see you earn the highest profit with your own SP. ;)

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Im ok with money, and im moving to puerto rico next month, trying to not pay tax in cali.

What is dif tax rate between California and PR? Better with crypto trader?

  ·  7 years ago (edited)

in pr you pay less than 1%, in cali i pay 33%, ouch, steem holding i have to pay 20% but if i trade daily i pay 33%, i do trade steem that is why im not powering up.

Wow, sounds interesting. I should go too ;). Do you trade Steem for BTC or SBD? 20% of what you earned from interest!???? That is crzy!

YOu pay 20% if you hold it for a year, but if you trade it back and forth from btc to steem to sbd and so on, you will pay more, you are paying about 15%-20% in your state right now but u have to hold it for a year, if you trade it at anytime within a year then u cant get the 20%, you will have to pay 33% like the rest of us.

Complicated! ;). I'll submit my statements to tax guy he'll take care the rest hihi
Ive been trading forex for years 2. Will be considering to move to PR when I graduate, I like that tax rate ;)

You dont know it but you are paying 33% for being a day trader. Ask ur tax guy, or google ,how much do day trader pay in Virginia.

I found some info here
Thanks @dang007!