Calacanis is proposing a 0.01% tax on all U.S. cryptocurrency transactions, but Sacks disagrees, according to Gold Finance. He warned that new taxes often go beyond what they were originally intended for. In addition, they debated the role of Ethereum with Bitcoin and meme coins.
Calacanis proposes a small tax on cryptocurrency transactions, levied in the form of native assets;
Sachs rejects the idea and cites the history of income tax expansion;
The discussion also touched on crypto reserves, meme coins, and investment strategies.
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Calacanis proposed a 0.01% tax on all U.S. cryptocurrency transactions, which was rejected by the Sacks
Calacanis is proposing a 0.01% tax on all U.S. cryptocurrency transactions, but Sacks disagrees, according to Gold Finance. He warned that new taxes often go beyond what they were originally intended for. In addition, they debated the role of Ethereum with Bitcoin and meme coins.