JUST IN: 🇺🇸 Biden to propose new tax rules for #Bitcoin , removing the ability to tax-loss harvest. - WSJ
Soooo… they are saying it’s here to stay and there’s no point in selling for a loss?
more like property tax / capital gains laws?
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Just amazing they keep shuffle the tax side of things while doing nothing on the regulation side.
if they can't stop it the next question is how to generate revenue from it. Losses don't do that, gains do
Correct
