🚨 Bitcoin Tax Update (US) 🚨

David Bailey, crypto advisor to Trump, says there’s a 75% chance Congress may scrap Bitcoin capital gains tax. ⚡ (This is his personal forecast, not confirmed law.)

💰 Current rules:

Short-term gains (<1 yr): taxed as ordinary income (10–37%)

Long-term gains (>1 yr): taxed 0–20%

Until Congress acts, crypto gains must be reported and taxed.

⚠️ Disclaimer: Informational only — not financial, legal, or tax advice. Always consult a professional.

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