Biden Admin mulling 80% capital gains tax on cryptocurrency? (user search)
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  Biden Admin mulling 80% capital gains tax on cryptocurrency? (search mode)
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Author Topic: Biden Admin mulling 80% capital gains tax on cryptocurrency?  (Read 3908 times)
Stand With Israel. Crush Hamas
Ray Goldfield
Junior Chimp
*****
Posts: 8,105
« on: April 22, 2021, 08:55:43 PM »
Yeah, I'm actually okay with this. Not only is it destructive, but the balkanization of currency is an unambiguous social ill.
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Stand With Israel. Crush Hamas
Ray Goldfield
Junior Chimp
*****
Posts: 8,105
« Reply #1 on: April 26, 2021, 09:06:57 PM »
Quote from: jimrtex on April 26, 2021, 07:16:30 PM
A wealth tax would be better, and super easy to collect. Just have the IRS hack into your account.

Wealth taxes include solid assets, not just bank accounts, which means a massive new tax infrastructure. That's why the only politicians who push for them are those willing to lose a lot of money to hurt and humiliate the wealthy.
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