Crypto Doesn’t Deserve a Tax Exemption
December 9, 2024 at 5:00 AM ESTNo need for preferential treatment.Photographer: Spencer Platt/Getty Images North AmericaI am (mostly) bullish on crypto and (usually) skeptical of higher taxes, especially on capital gains. So why do I think it would be wrong to make crypto assets exempt from capital gains taxes, as President-elect Donald Trump’s administration is reportedly considering?The most obvious argument against the proposal is simply that uniform taxation is better than selective tax exem...
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