Here's a concise and engaging social media post based on the news about U.S. Senator Cynthia Lummis's crypto tax reform bill:
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🚨 Crypto Tax Reform Incoming! 🇺🇸
U.S. Senator Cynthia Lummis has just proposed a game-changing crypto tax bill 🧾 aimed at creating a fairer, more competitive landscape for digital asset users.
Key proposals include:
✅ $300 tax exemption for small crypto transactions
✅ No double taxation for miners & stakers ⛏️
✅ Tax parity for crypto & traditional finance 💰
✅ Simplified charitable crypto donations 🙌
Lummis: "To maintain the U.S. edge, we must reform the tax code for the digital economy."
📊 Estimated to raise $600M from 2025–2034.
🔥 Big step forward for crypto in the U.S.!
#CryptoTaxReform #CynthiaLummis #CryptoNews #Web3 #BTC #ETH #Staking #DeFi #HODL #CryptoPolicy #write2earn