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Home Crypto News

Crypto Market Crash as Biden Proposed Increases Taxes when You Sell Your Bitcoin

Johnmiracle Ejikeme by Johnmiracle Ejikeme
January 23, 2024

President Joe Biden Just Tanked the Market as he proposed increases taxes when you sell your Bitcoin. And, many believed this is a core reason why Bitcoin is dipping.

Meanwhile, we think that the tax will only affect the upper middle class and will be a great excuse for the wealthy…. let’s be honest with ourselves, and any wealthy person that is incorporated will be unaffected. Corporate loopholes for the super-rich will ensure nothing changes for them.

Below are some response tweet towards Biden

Biden to make Capital Gains Tax as high as 43.4% for wealthy.

Boat accidents on the way for #Bitcoin hodlers 😂

— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive) April 22, 2021
https://twitter.com/JuanPab47451241/status/1385314696245530624?s=20

Borrow against your Assets and never sell. Let yourself get liquidated and you never have to pay taxes on Loans. pic.twitter.com/reatakT2Sc

— ᕫDenizen⬡Elliott (@BeardedDenizen) April 22, 2021

Come tax this @JoeBiden 🖕🤬🤬 pic.twitter.com/phXHe0BQwc

— cryptic incognito (@CrypticNoHoes) April 22, 2021

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Johnmiracle Ejikeme

Johnmiracle Ejikeme

Johnmiracle Ejikeme is a 7 Figure digital network marketer, crypto enthusiast, and a trader. A humble fellow that fancy investing and technology.

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