Calacanis 'proposal to impose a 0.01% tax on all U.S. cryptocurrency transactions was rejected by Sacks "
Online reports that Calacanis recommended imposing a 0.01% tax on all U.S. cryptocurrency transactions, but Sacks disagreed. He warned that new taxes often go beyond their original intention. In addition, they also debated the role of Ethereum with Bitcoin and meme coins. - Calacanis proposed imposing a small tax on cryptocurrency transactions, in the form of native assets; -Sachs rejected the idea and cited the history of income tax expansion; -The discussion also covered crypto reserves, memes and investment strategies.
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