Instead of selling crypto when Biden announces a whooping 39.6% capita ...

in D.Buzz5 months ago

Instead of selling crypto when Biden announces a whooping 39.6% capital gains tax on millionaire investors, why not move to another country?

For instance, Singapore has no capital gains taxes at all.

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Singapore is a rich person's paradise.
I certainly would move there if I had a high net worth.


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Ohh what have you heard about SG?

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I would have too much of a long paragraph if I explain it in full but I'll make it a short one on saying SG is full of luxury and everything there is premium quality.

Its a rumor and one of the reasons why they don't want to move is because the convenience and benefits of being an American citizen. You can't avoid taxes unless you revoke your citizenship.

He didn't even announced that it would be implemented tho. Just that it was a possibility put at discussions.

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