I like how you conveniently left out "...for those Americans earning more than $1 million" part, is that what they call fake news??
Let's see, looks like there were 154,094,555 Individual income tax filed, out of those 541,410 is the Number of returns with AGI $1M or more (TY 2018). If my maths are right that's only 0.3% of tax returns.
https://www.irs.gov/statistics/soi-tax-stats-tax-stats-at-a-glanceNow i'm sure that there are a lot of issues with taxation etc, but tell me again how the fuck shit that's only effecting top 0,3% is what we're supposed to worry about? What if it was only effecting those hedge fund owners making over $10MM/yr, would you still feel the need to protect them?
154,094,555 Individual income taxes, collected $1,942,182MM, that's an average of $12603/return. Worst case, single filer with no dependents and standard deductions would need to earn over $89k/yr to be a net contributor. I feel for Bob and his ranch, but perhaps he can limiting his cap gains to $999k/yr for few years and the point is moot
left that out, I'm not a "reporter" (whatever that actually means these days).
Is $1 million mentioned in every headline? Nope. I doubt they'd get away with 43% even on that level. But even 28% above or below would make me think a bit more about selling whatever asset I would have. Moreover even at $1 million it could set a precedent that they may come after smaller values later.
If you believe the details will keep you safe you have nothing to fear. Many headlines are designed for FUD or clickbait, I agree with that.
There are plenty hodlers with at least multiple coins eyeing a $1 million level per coin and it would obviously concern them
they sell.