Billionaire investor Bill Miller IV said the U.S. should scrap capital-gains taxes on Bitcoin, arguing the cryptocurrency’s design makes traditional tax treatment ill-suited. Speaking in a media interview reported on 6 July, Miller contended that taxing gains on Bitcoin “doesn’t make a ton of sense” and urged lawmakers to consider a zero-rate regime.
Miller’s remarks arrive amid unverified reports that former President Donald Trump is exploring a 0% capital-gains rate for all U.S. crypto investments. The Trump campaign has not commented, and no draft legislation has been filed. Even so, the comments add to growing pressure in Washington to clarify—or overhaul—how digital-asset profits are taxed.
This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.
