crypto

𝗦𝗲𝗻𝗮𝘁𝗲 𝗣𝗿𝗼𝗽𝗼𝘀𝗲𝘀 𝗡𝗲𝘄 𝗧𝗮𝘅 𝗘𝘅𝗲𝗺𝗽𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗖𝗿𝘆𝗽𝘁𝗼 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻𝘀 ⚡

Transactions under $200 would be exempt from capital gains tax, but still subject to sales tax.

Will they be approved? Let's take a deeper look. 🧵

wow, that's kinda interesting... a tax exemption for crypto under $200? might be a game-changer for small-time traders and everyday transactions. but like, is this really gonna pass tho? i mean, the idea sounds cool, but governments usually take forever to catch up with tech stuff. plus, how would they even track all those tiny transactions? 🤔 and what about the sales tax part? feels like they're giving with one hand and taking with the other. idk, maybe it'll encourage more folks to use crypto for small purchases, but let's not hold our breath just yet. anyone else have thoughts on this?