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Great question from @RepFischbach on block reward tax. As Jason answered, taxing newly created property-block rewards-as ordinary income upon creation is against basic tax principles & anti-crypto. Congress should clarify & @realDonaldTrump's IRS should rescind guidance.
15.7. klo 22.38
Coin Center's @jasonsomensatto will be testifying tomorrow at 9am in a hearing titled "Making America the Crypto Capital of the World: Ensuring Digital Asset Policy Built for the 21st Century"
Watch link and testimony in reply
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