#特朗普税改 Random Writing Trump's latest "Universal Tax Cut 2.0" plan has shocked the market like a bomb; he directly stated he wants to cut corporate tax to 15% and halve capital gains tax. Wall Street hasn't reacted yet, but Bitcoin has already surged 10%, and gold has simultaneously hit a historic high—this is not a tax reform plan, it is clearly a promotional advertisement for hard currency. But the devil is in the details; on page 27 of the draft, it is noted in very small print that cryptocurrency transactions will be subject to a new tax form, which makes the big players in the crypto world shiver collectively.

The most ingenious aspect is the timing; this plan was specifically announced 72 hours before the Federal Reserve's interest rate meeting. Now the market is completely in disarray— the bond market is betting on tax cuts stimulating inflation, the stock market is gambling on corporate profits skyrocketing, while the cryptocurrency market has automatically switched to a "fiat currency devaluation" trading mode. Goldman Sachs worked overnight to revise its models, estimating that if the plan passes, the U.S. fiscal deficit will directly soar past $20 trillion, which is tantamount to writing a love letter to Bitcoin.

(Mysteriously, 48 hours before the announcement of the plan, there was suddenly a $3 billion buy order for Bitcoin futures on the Chicago Mercantile Exchange, and these contracts' expiration date just happened to be exactly one week before the election voting day...)