Nemeski@lemm.ee to News@lemmy.world · edit-222 hours ago'Dumping like crazy': Trump accused of 'rugpull' scheme now valued at $32 billionwww.rawstory.comexternal-linkmessage-square105fedilinkarrow-up1456arrow-down15
arrow-up1451arrow-down1external-link'Dumping like crazy': Trump accused of 'rugpull' scheme now valued at $32 billionwww.rawstory.comNemeski@lemm.ee to News@lemmy.world · edit-222 hours agomessage-square105fedilink
minus-squareCeruleanRuin@lemmings.worldlinkfedilinkEnglisharrow-up4·6 hours agoGreat! Now we need to fix the tax code so you have to declare that as income, and it’s taxed progressively. That would pretty quickly put the kibosh on these scams.
minus-squareCharlesDarwin@lemmy.worldlinkfedilinkEnglisharrow-up2·3 hours agoShort term capital gains already are taxed as income. I doubt anyone is holding these rug pull coins for more than a year.
Great! Now we need to fix the tax code so you have to declare that as income, and it’s taxed progressively. That would pretty quickly put the kibosh on these scams.
Short term capital gains already are taxed as income. I doubt anyone is holding these rug pull coins for more than a year.