ThatWhichisNotSeen

https://twiiit.com/HermesLux/status/2064081424819388488

nitter

Wow! Paying income tax late in order to buy more BTC? Never heard that one before. Of course,  some of us choose to be exempt, like myself for almost 15 years, and pay "0" income tax. Just saying.

46be73f090

A Florida man earned more than 700,000 views on X for explaining how he’s intentionally paying his taxes late to buy more bitcoin (BTC).

He seems to think that the 7.55% APR penalty interest that the US Internal Revenue Service (IRS) charges for his tax “payment plan” makes buying BTC instead of paying his taxes on time a smart trade, because he believes BTC will rally more than that.

Describing his conduct, he said he “stopped paying taxes from my paycheck and bought BTC instead.” He then applied for a tax payment plan and is paying off his balance over three years, including penalties that he considers modest.

He claimed his intentionally late tax payments 

 him “A BTC treasury company, personified.”

bitcoin

ideasfromtheedge

> A Florida man earned more than 700,000 views on X for explaining how he’s intentionally paying his taxes late to buy more bitcoin (BTC).
>
> He seems to think that the 7.55% APR penalty interest that the US Internal Revenue Service (IRS) charges for his tax “payment plan” makes buying BTC instead of paying his taxes on time a smart trade, because he believes BTC will rally more than that.
>
> Describing his conduct, he said he “stopped paying taxes from my paycheck and bought BTC instead.” He then applied for a tax payment plan and is paying off his balance over three years, including penalties that he considers modest.
>
> He claimed his intentionally late tax payments [make](https://x.com/HermesLux/status/2064081424819388488) him “A BTC treasury company, personified.”
>
> [**...read more at protos.com**](https://protos.com/bitcoin-investor-says-he-stopped-paying-taxes-to-stack-more-btc/)