Nemeski@lemm.ee to News@lemmy.world · edit-22 days ago'Dumping like crazy': Trump accused of 'rugpull' scheme now valued at $32 billionwww.rawstory.comexternal-linkmessage-square123fedilinkarrow-up1534arrow-down16
arrow-up1528arrow-down1external-link'Dumping like crazy': Trump accused of 'rugpull' scheme now valued at $32 billionwww.rawstory.comNemeski@lemm.ee to News@lemmy.world · edit-22 days agomessage-square123fedilink
minus-squareCeruleanRuin@lemmings.worldlinkfedilinkEnglisharrow-up6·1 day 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-up3·1 day 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.