Here's a concise and engaging social media post based on the news about U.S. Senator Cynthia Lummis's crypto tax reform bill:
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đš Crypto Tax Reform Incoming! đșđž
U.S. Senator Cynthia Lummis has just proposed a game-changing crypto tax bill đ§Ÿ aimed at creating a fairer, more competitive landscape for digital asset users.
Key proposals include:
â $300 tax exemption for small crypto transactions
â No double taxation for miners & stakers âïž
â Tax parity for crypto & traditional finance đ°
â Simplified charitable crypto donations đ
Lummis: "To maintain the U.S. edge, we must reform the tax code for the digital economy."
đ Estimated to raise $600M from 2025â2034.
đ„ Big step forward for crypto in the U.S.!
#CryptoTaxReform #CynthiaLummis #CryptoNews #Web3 #BTC #ETH #Staking #DeFi #HODL #CryptoPolicy #write2earn