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US Government Unrealized Gains Tax Plans Might Hit Crypto 'Billionaires' Too
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American stocks and crypto holders are braced for another tax-themed body blow from the government, with House Speaker Nancy Pelosi claiming that a “wealth tax” – an unrealized capital gains levy – on its way to Congress as early as this week after striking an “agreement” on a spending plan in the House.
She spoke on CNN of the need to ensure a “wealth tax” was forthcoming to tax America’s “billionaires,” while also ensuring “corporate America” was not “let off the hook.”
This “wealth tax” is part of a series of measures aimed to fund President Joe Biden’s spending pledges. These also include the much-maligned infrastructure bill. CNN quoted Pelosi as stating that “the plan” was for a vote on the troubled bill next week, and the media outlet
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