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Tax loophole for Crypto holders included in the new 3.5 trillion dollar bill. But billionaires using every tax loophole in the book is completely fine for the government.

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by COINS NEWS 150 Views

You have billionaires laundering tens of billions of dollars into tax havens every year. Moreover, billionaire wealth isn't taxed, only income is taxed. Some billionaires literally pay less taxes than teachers.

It's infuriating how much they're biased against Crypto.

Apparently to avoid to avoid taxes: "One thing savvy investors do is sell at a loss and buy back bitcoin at a lower price, they want to look as poor as possible." -said Shehan Chandrasekera, head of tax strategy.

Yet when billionaires literally do the same shit again and again for decades, there's absolutely nothing wrong it somehow. And it's not even concerning to them that billionaires are the ones acting poor.

Apparently Crypto investors act poor when billionaires are taxed on their 5 digit yearly salary instead of wealth. Talk about hypocrisy.

submitted by /u/Many_Scratch2269
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