๐บ๐ธ Now: Senator Lummis Calls for Reform of Unjust Tax Laws Against Bitcoin and Digital Currencies!
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๐ฌ Fiery Statements:
American Senator Cynthia Lummis said:
"The reconciliation process is our opportunity to reform the laws related to crypto, which impose double and unfair taxes on Bitcoin and digital assets."
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๐ธ Whatโs the problem?
โ Current laws may lead to double taxation on the same transaction
โ This poses a significant barrier to innovation and the adoption of digital assets
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โ๏ธ What is Lummis aiming for?
โ Amending legislation to ensure tax fairness
โ Empowering users and investors to freely transact with digital currencies
โ Attracting more financial innovation to the United States
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โDo you think Congress will respond to the pressures from pro-crypto lawmakers?
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