MAGA? Boosts spending, economy & makes USA bitcoin capitol of world as Trump says he wants. Pairs well with a strategic reserve as it will help BTC value and pump USA bags. USA has the most BTC. Also probably helps the dollar since that is what most people would sell BTC for. All around win-win-win.
Discussion
So the idea is that cap gains tax inhibits economic flow and vitality.
Remove tax and get more economic activity, which is better than less.
But doesn’t this just increase sell pressure? Keep the cap gains tax as high as you want for the next 10 years.. not planning for on selling anytime soon anyway
The selling impulse unleashed by capital gains reduction is a good point.
If cap gains are held constant then price increase remains the main driver of coin redistribution.
Eliminate cap gains on BTC or BTC goes up by 20%?
Which would you favor and why?