{
Roslan Rahman

People

}
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proposed fair tax act could reshape cryptocurrency taxation in the us

Rep. Earl “Buddy” Carter's proposal to abolish the IRS and implement a national consumption tax through the Fair Tax Act has ignited debate in Congress. Supporters argue it simplifies taxation and promotes economic growth, while critics warn it could disproportionately burden working families with higher costs. The potential impact on cryptocurrency taxation adds another layer to the ongoing discussion.
Bitcoinist.com
USA Andrew Clyde Roslan Rahman Asa Earl Carter Scott Perry Show more
Finance & Economy, News Article
03:30 14.01.2025
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