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Giuliano Giacaglia
@giu
Interesting to see political events and how they affect Bitcoin price
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Eben
@d4rkr4bbit
I wonder if that is because the Trump T1 bill, TCJA, is set to expire in a year unless he upholds it as planned. That would mean the corporate tax rate returns to 35% instead of 21%, reduced taxes on repatriation of USD will end, and estate tax exemptions on up to 8.9 million returns to 4.4 million. Plus, other breaks for the rich expire. It would confirm who buys Bitcoin and its banks, corporations, and the .001%. At the same time, the rest of us get shafted under Trump's tax plan. If you make 36k, you pay the same 35% tax as someone making 200k?
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