PANews, March 9 news, according to Cointelegraph report, in the recent All In Podcast program, host Jason Calacanis proposed to levy a 0.01% tax on each cryptocurrency transaction, which is priced based on the assets transferred, purchased or sold. In response, White House cryptocurrency and artificial intelligence chief David Sacks clearly opposed the proposal to tax cryptocurrency transactions, arguing that such taxes often start "moderately" but can gradually expand to a wider range, such as income tax, which was initially only targeted at a minority group. Cryptocurrency transaction tax may increase the burden on users.
