Billionaire investor Invoice Miller IV stated the U.S. ought to scrap capital-gains taxes on Bitcoin, arguing the cryptocurrency’s design makes conventional tax therapy ill-suited. Talking in a media interview reported on 6 July, Miller contended that taxing positive factors on Bitcoin “doesn’t make a ton of sense” and urged lawmakers to think about a zero-rate regime.
Miller’s remarks arrive amid unverified studies that former President Donald Trump is exploring a 0% capital-gains charge for all U.S. crypto investments. The Trump marketing campaign has not commented, and no draft laws has been filed. Even so, the feedback add to rising stress in Washington to make clear—or overhaul—how digital-asset income are taxed.
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