Anti Crypto Army retweeted
FINALLY JOINED
@anticryptoarmy & @texturepunx
I sold some sperm for this NFT, but I think @HoodieCartel is a bigger flex. So excited to be part of this community
#hoodiefollowhoodie
Join the anti-crypto army today.
We don’t have to guess what MAGA House Republicans value. They’re telling us.
ALT We Think Congress Should Cut Tax Loopholes That Help Wealthy Crypto Investors ($18 Billion) MAGA Republicans Think Congress Should Cut Food Safety Inspections ($15 Billion)
Readers added context they thought people might want to know
Virtual currency is treated as property and general tax principles applicable to property transactions apply to transactions using virtual currency.
When investors sell virtual currency they must pay tax on any capital gain.
There is no evidence of “Loopholes” to avoid this.
irs.gov/individuals/in…