Listen, interesting news: in Florida they want to abolish the capital gains tax on the sale of bitcoins. This means that if you bought bitcoin, it went up in price, and then you sold it, then you will no longer pay tax on the difference (that is, on the profit). Now they take a percentage from this, as well as from profits from the sale of stocks or real estate.
If the law is passed, Florida will become one of the most crypto-friendly states in the United States. This can attract a lot of startups, investors, and even large companies that work with crypto. In fact, they want to make the region more attractive for future technologies by removing unnecessary barriers.
Supporters of the bill say it will help foster innovation and create new jobs. But so far, the bill is only being considered, and it is not a fact that it will be approved. If approved, it is possible that other states will follow suit.
Do you think if Florida really abolishes the income tax on bitcoins, should crypto enthusiasts think about moving there?
