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David Sacks Rejects Proposed Crypto Transfer Tax, Citing Income Tax History as a Cautionary Tale

Following the first White House Crypto Summit, Crypto Czar David Sacks engaged in a discussion with the American entrepreneur Jason Calacanis, during which Calacanis floated the idea of imposing a 0.01% tax on every cryp...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

David Sacks Rejects Proposed Crypto Transfer Tax, Citing Income Tax History as a Cautionary Tale
Following the first White House Crypto Summit, Crypto Czar David Sacks engaged in a discussion with the American entrepreneur Jason Calacanis, during which Calacanis floated the idea of imposing a 0.01% tax on every crypto transaction conducted within the United States. This levy, he suggested, would be collected in the transaction’s native digital asset. Calacanis […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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