A tax are unrealized capital gains is clearly targeting crypto hodlers and long term investors in stocks. This is insanity.https://twitter.com/thehill/status/1452351159604334599 …
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Taxing gains that you don't even have claimed yet? This is the destruction of the whole HODL and leave it on a cold wallet tactic
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Tbh. This does not even make sense. So if some crypto pumps all year then dumps just after the tax return date. You have to pay tax on the profit you no longer have.
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yeah not quite sure how this will work.
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