GuShiio.com David Sacks, the U.S. cryptocurrency czar, rejected a proposal to impose a 0.01% tax on every cryptocurrency transaction on the “All In Podcast” program. The proposal was put forward by program host Jason Calacanis, which advocates using the transaction assets themselves to tax taxes to enrich the U.S. strategic bitcoin reserves and crypto asset inventories. Sacks points out that this is how taxes are generated. The initial income tax was only targeted at a very small number of people, but later it spread to the middle class. rdquo;（Cointelegraph）
read the original
