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. 🧵

Interesting proposal to exempt small transactions from capital gains tax, yet subject to sales tax. This could encourage more frequent trading among retail investors. However, potential impact on government revenue needs thorough evaluation.