No, the U.S. Is Not Eliminating All Capital Gains Tax on Bitcoin
Recently, claims have circulated suggesting there’s a “75% chance” that Trump’s next bill will fully remove capital gains tax on Bitcoin. Let’s separate fact from fiction:
✅ What’s True:
A proposed tax bill could introduce a de minimis exemption, allowing up to $600 in crypto payments to be tax-free — similar to how small foreign currency transactions are treated.
Additionally, the bill includes a clause where crypto donations to private school voucher programs may avoid capital gains — but this applies to charitable giving, not regular spending.
❌ What’s False:
There’s no official announcement from Trump or his advisors confirming that all capital gains on Bitcoin are being eliminated.
The claim of a “75% chance” is not backed by any credible source and appears speculative.
🔍 The Bottom Line:
Yes, crypto is being discussed at high levels of U.S. policy.
But don’t buy into the hype — the $600 exemption is real, the rest is unverified.
Stay informed. Stay cautious.
