NEW: Ukraine’s financial regulator has proposed a 23% tax on specific crypto transactions classified as personal income, while exempting crypto-to-crypto transactions and stablecoins.

BREAKING: White House Rejects Cryptocurrency Transaction Tax Proposal

David Sacks, the White House crypto and AI czar, has rejected the idea of taxing every cryptocurrency transaction to strengthen the U.S. strategic Bitcoin reserve and digital asset holdings.
On a recent episode of the All In podcast, host Jason Calacanis proposed a 0.01% tax on each crypto transaction, to be paid in the asset being transferred, purchased, or sold.
Sacks expressed doubts, pointing out that taxes often begin small but tend to grow over time. He cited the U.S. income tax, which started with a limited scope but later expanded to affect far more people.
Sacks voiced concerns about the potential strain of new taxes, even if they’re initially presented as minor. Crypto investors also criticized the idea, especially the prospect of taxing transfers between wallets owned by the same person.

The White House Crypto Summit held recently didn’t delve into specific tax proposals, though the Trump administration has signaled interest in broad federal tax reform.
President Donald Trump has floated the idea of abolishing the federal income tax, favoring tariffs on imported goods as a revenue source instead. He highlighted the 19th century, when tariffs alone funded the U.S. government, as a time of notable economic success. U.S. Commerce Secretary Howard Lutnick backed this plan, proposing to replace the Internal Revenue Service (IRS) with an 'External Revenue Service.'

#cryptocurrency #Tax #Cryptotax #WhiteHouse #bitcoinreserve

Get some LTC while you can! Option to stake as well.
All the best people.

https://free-litecoin.com/...

#ltc #faucet #cypto #Income #Money #cash

🔥 AMO (Asset Management Operations) is an asset management platform that offers users a wide range of tools for making money on cryptocurrency. The main goal of AMO is to make digital asset management simple and accessible to every user, regardless of their level of knowledge in the field of finance and technology. 👍
👉 https://bit.ly/4dWMS7I 🎁
🔥 Project marketing:
⚡️ Every second accruals from 5.8 to 20.1% per day!
⚡️ Min. deposit amount - 100 ₽ | Min. withdrawal amount - 5 ₽
⚡️ Three user statuses (Progressive income scale)
⚡️ Available 🔠🔠🔠 status!
⚡️ Generous loyalty program for our users!
⚡️ Daily free bonuses!
⚡️ Telegram bot available. And many more different nice features and options for our investors!
🤑 AMO is not just an investment project, it is a platform with the opportunity to earn money and with profit credited to your account every second! Waiting for you! 🤑

INERTIX THE WORLD OF AUTOMATED CRYPTOCURRENCIES INVESTING.
Achieve your financial goals and start earning passive income.
Blockchain solutions, investments in crypto-currency, automated trading of crypto dividends.
https://inertix.pro/?ref=M...
https://inertix.pro/?ref=M...

Grow vegetables
and sell them for real cryptocurrency
Turn neglected hectares of farmland into a cozy, well-appointed crypto farm with the potential to generate income. Cultivate and sell crypto-related assets for a rewarding and profitable experience!
Jump into the game now and join the ranks of the world's top crypto farmers!
It's your chance to compete and thrive in the exciting world of
https://bit.ly/4ghEVwg

👍The best airdrop of 2024. Ripple Foundation presents! 🎁🎁🎁

🏰Grow your empire that will bring passive income 💰💰💰

💯💯💯💯💯💯💯💯💯💯💯💯💯💯💯💯💯

https://bit.ly/4dJZ64s

Hi,
If you believe in economic inclusion and distribution of prosperity for all, sign up for a GoodDollar wallet and start collecting daily digital income. Use my invite link and receive an extra {reward}G$
https://bit.ly/3vCWxQP