Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (2)
Omnibus bills corrupt the democratic process and their usage should be curtailed. This isn't strictly an American problem either.
... Shelby is dick deep in with the Banks
... the real question is, to back the truck up a bit, and ask why the hell the bitcoin legislation was put into this bill in the first place? Who wrote that text? (It reads like something the IRS/FED/Banks cartel would produce) ... Who got it attached to that Bill?
... all the horse trading after that was theatre, Cruz's attempt to get the whole thing struck out was the only sane move in the whole political shitshow.
The only thing I've read about this is that the Joint Committee on Taxation figured they could squeeze $28 billion from "crypto" currency. The Biden administration was looking for a billion dollars without raising personal income tax on the not rich so they had the feelers everywhere. I guess they figure that anyone in "crypto" is rich or that nobody would give a shit about finding creative ways to tax it. Anyway, this is the current JCT and their gov't contact numbers:
They must have a separate committee or an "expert" panel looking into all aspects of "crypto"; searching these names might just be fruitless.