2023-6-3 16:01 |
References to the tax were removed from the U.S. debt bill, but that doesn’t mean it’s gone for good.
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The US debt ceiling bill, with its critical inclusions and exclusions, marks a significant milestone in US fiscal policy. While avoiding the crypto taxation controversy, it charts a path towards future financial stability and effective governance.
2023-6-1 16:26 | |
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The Biden administration wanted to nix a “special tax subsidy for cryptocurrency,” but it wasn’t in the May 28 debt ceiling bill. Another narrow escape?
2023-6-1 15:36 | |
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In addition to the Texas bills, the latest proposed debt ceiling deal did not include the Biden Administration’s proposed 30% tax on Bitcoin miners.
2023-6-1 23:56 | |
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Key Takeaways A proposed 30% tax on crypto mining appears to have been cut as part of US debt ceiling negotiations Decision a win for crypto miners, who are struggling amid rising hash rate and increased electricity costs Miners also held onto Bitcoin reserves through pandemic bull market, a mistake which proved fateful When you […] The post Bitcoin miners lament falling fees, but debt ceiling negotiations cut 30% tax appeared first on CoinJournal.
2023-5-30 15:34 | |
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In a significant turn of events, a tentative deal aimed at averting a US government default on its debts has brought relief to cryptocurrency miners, particularly Bitcoin miners.
2023-5-30 14:08 | |
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According to Rep. Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.
2023-5-30 00:53 | |
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In a significant turn of events, the controversial Digital Asset Mining Energy (DAME) excise tax was not included in the latest Fiscal Responsibility bill aimed at tackling the Debt Ceiling crisis.
2023-5-30 20:12 | |
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Coinspeaker Latest US Debt Ceiling Proposal Strikes Out Unpopular Crypto Tax Bill The recent US debt ceiling deal has struck out the previous crypto tax bill proposed by the Biden administration.
2023-5-30 19:40 | |
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Unmasking the tensions between crypto traders, wealthy tax evaders, and the imminent financial crisis, U.S. President Joe Biden takes a firm stance against biased fiscal deals.
2023-5-23 18:42 | |
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U. S. President Joe Biden has expressed his opposition to a debt ceiling agreement. Some people have chastised the President for lumping crypto traders and tax cheats together. United States The post Crypto traders in the lurch as U.
2023-5-22 10:30 | |
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United States President Joe Biden has expressed opposition to a debt ceiling deal that he says would benefit “wealthy tax cheats and crypto traders” while putting food assistance programs at risk.
2023-5-22 19:26 | |
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MicroStrategy hinted that it could sell some of its Bitcoin (BTC) holdings to fund its long-term debt obligations in the aggregate of $2. 208 billion, whose principal is due by 2025. According to its May 1 filing, MicroStrategy has long-term cash requirements for obligations related to its operating leases, transition tax, and various purchase agreements.
2023-5-2 15:30 | |
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The IRS can seize digital assets to satisfy delinquent tax debt
2021-5-12 20:47 | |
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Billionaire hedge fund manager Ray Dalio is well known for his criticism of holding fiat money in the face of unprecedented money printing and runaway inflation. Now, Dalio asserts that bonds — or anything, really in dollars, is also not a safe investment play, especially with governments producing insane amounts of debt. In a recent […]
2021-3-16 20:03 | |
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The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland couple liquidate their bitcoin to pay-off a $1. 1 million tax debt. Alexander and Laura Strashny proposed to the IRS to pay their 2017 tax liability, generated from non-crypto activities, in installments over a six-year period.
2020-6-18 00:05 | |
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Bobby Kogan says the national debt is your fault. Kogan is the chief mathematician for the Senate Budget Committee. In other words, he’s the one helping Congress spend your money. Kogan pointed out on Twitter this week that full tax compliance would help balance the government’s spiraling national debt problem.
2019-9-29 15:42 | |
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If you have outstanding tax debt, the IRS may now want to take your passport. For U. S. crypto holders still waiting on promised IRS guidelines for filing — especially those overseas who may have missed these warning memos — the over 400,000 agency notifications issued since February last year are troubling.
2019-8-18 00:35 | |
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By CCN: Bernie Sanders is looking to spread good cheer throughout the U. S. He is offering up another idea that would allegedly alleviate millions of residents of their crippling student loans. Unfortunately, the White House hopeful has been slow in explaining how he plans to fund it.
2019-5-7 04:15 | |
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As public spending and debt levels in New York rise its wealthy and businesses leave, sick of high taxes. New York sits on the edge of bankruptcy. Experts warn that further exits or a national recession could push the city over the edge into all-out financial ruin.
2019-3-13 18:03 | |
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According to newly released data, which was delayed by the government shutdown, it will be concluded that Donald Trump has so far failed to reduce the trade deficit he promised to cut. All this amid a ballooning debt after tax cuts.
2019-3-7 23:42 | |
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Scammers conned $50,000 out of regular Australians using a blatantly obvious fake tax debt fraud. Multiple victims have been lured into paying off non-existent debt through Bitcoin ATMs. A Time-Tested Scam Scammers have managed to con upwards of $50,000 from Australian citizens, luring them in to pay off a non-existent debt in a classic fraud.
2018-10-6 08:00 | |
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Being in a new country can be confusing and scary at times. Australian crooks are taking advantage of this and are using Bitcoin ATMs to scam newly-arrived migrants out of their life savings. It seems the crooks managed to scam more than $35,000 USD ($50,000 AUD) out of four Australian immigrants by telling them they needed to pay a tax debt.
2018-10-5 15:11 | |
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