#TrumpTaxCuts

🚨 Trump announces: The largest tax cut in American history is coming! 🇺🇸💰

In an exciting tweet, Donald Trump stated that the big, beautiful bill 'The Big, Beautiful Bill' is nearing completion, praising the cooperation of Republicans to implement it.

This project could represent the largest tax cut in the history of the United States, a move that could reshape the American economy and impact global markets.

The question for you:

Do you think the tax cut will boost the American economy?

🔥 Yes, an excellent step to support the economy

❤️ Maybe, but it depends on the details of implementation

😭 No, it will increase debt and deepen the economic gapTrump's Tax Cuts: A New Love Story for Cryptocurrencies?🤔💡#TRUMP

When Donald Trump took the stage at Davos in 2017, right after taking office, he did what Trump does best: make headlines. His speech: “Come to America, corporations! We have beef, freedom, and—oh yeah—tax cuts!” 🔥

And now, in 2024, his son Eric Trump is dangling a juicy carrot: zero capital gains taxes for crypto companies setting up shop in the United States. 🔅

Capital gains tax? Think of it this way: You buy an old Pokémon card for $10, sell it for $10,000, and the government takes a cut of your $9,990 profit. For cryptocurrencies, it’s the same thing—except your “Pokémon card” is a meme coin that went up overnight. Eliminate that tax? 🤔

That’s like telling crypto traders, “Keep the whole jackpot.” We’re cool” 💰

But here’s the problem: This isn’t a law yet. It’s more of a political IOU. For it to become real, Congress would have to vote — and given its track record on crypto (I’m talking about you, Gary Gensler), that’s like asking cats to choreograph a ballet. 👍