#TrumpTaxCuts If President Trump eliminates or heavily reduces federal income taxes, it could have a massive impact on both the economy and the crypto market. With people keeping more of their income, there would likely be a surge in consumer spending and investment. Bitcoin and other cryptocurrencies could benefit because investors might look for alternative places to grow their wealth outside of traditional systems. Less government revenue could mean more money printing to cover spending, potentially leading to inflation — and historically, Bitcoin is seen as a hedge against inflation. Personally, I would feel bullish for crypto in this scenario, but cautious about long-term economic stability.
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