Post
Topic
Board Bitcoin Discussion
Re: Questions for post US election when emotions are subsiding!
by
Josefjix
on 08/11/2024, 05:14:22 UTC
I do believe taxes will be reduced for crypto by a lot or even completely removed.

It would be naive and seriously delusional to think that the Trump administration would reduce taxes, let alone eliminate them altogether. Whoever is elected must ensure that the interests of the government, the interests of the nation come first and taxation is one of the factors that make the government strong.

The only thing we can hope for is that under Trump we will have more people supporting Bitcoin and hopefully they will have a more open policy towards the crypto industry. Other than that, there is nothing more to look forward to. People started talking about his promises but if people understood politics, they would accept the fact that no pre-election promise would be fulfilled.

Here are his 10 promises for crypto and let's see what he can deliver.

source: x.com
Thank you for sharing this information with us, as people have forgotten the promises trump made to cryptocurrency enthusiasts during the campaign.  Donald Trump is a politician and when they needs votes thier made some promises just to get elected.  I keep on asking this question,  why should trump reduce taxes for cryptocurrency business? Taxes are laws and it affects everyone that are taxable so we should not expect any favourable tax law for cryptocurrency holders in usa . One thing is certain,  Trump is not going to be making those attacks he was making against bitcoin in his last administration.