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by SlowBro 2985 days ago
Who would pass these capital gains taxes? Politicians, right? The same ones who can be influenced by lobbyists?

When these laws are passed, will assets be sheltered by accountants?

I know a Bitcoin millionaire. He avoided capital gains taxes this year by upgrading his Jeep. The money that would have gone to taxes, he used instead for upgrades, because of a loophole that permits upgrades to be taxed at a much lower rate.

They’re smart, the rich.