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by icedchai 3105 days ago
You and I may be compliant. The point is, most people won't.
2 comments

Saavy consumers will definitely evade this. However, this tax is likely targeted at finance companies looking to “get into crypto” and will do everything by the book
How many convictions will it take?
https://en.wikipedia.org/wiki/Calculus_of_negligence

Premeditated tax-negligence is fraud according to the IRS, but the thinking remains.

How many convictions will it take? Depends on how much is on the line.