Thereβs a growing debate over whether America should eliminate the capital gains tax. President Trump and Secretary Lutnick have suggested that tariff revenue, possibly as high as $750 billion, could be used to offset taxes, even reducing them for households under $150,000.
Clinton Donnelly, founder of CryptoTaxAudit, breaks down why capital gains tax reform is being discussed, what it could mean for crypto investors, and whether 0% long-term capital gains is realistic.
πΌ What youβll learn in this video:β’ Could tariffs replace income and gains taxes?β’ Why short-term gains can be taxed up to 40%β’ The case for eliminating long-term capital gains taxβ’ How these ideas could impact crypto traders and investors
Want to make your voice heard?Reach out to your senator or congressman, or send a message through WhiteHouse.gov to share your thoughts.
π₯ Whether youβre a crypto investor, stock trader, or just curious about tax reform, this breakdown is essential.π Book a consultation: https://www.cryptotaxaudit.com/crypto-tax-consultation#CapitalGainsTax #CryptoTaxes #IRS #Trump #CryptoTaxAudit
ποΈ About Clinton DonnellyClinton Donnelly, LLM, EA, is the founder of CryptoTaxAudit.com, the leading crypto tax and audit defense firm for U.S. taxpayers. Known as the βCrypto Tax Fixer,β heβs helped thousands of investors legally report their crypto holdings and defend against IRS scrutiny.
π Award-Winning ExpertiseIn 2025, CryptoTaxAudit was named Cryptocurrency Taxation Services of the Year by Financial Services Review, recognizing Clintonβs unmatched reputation and legal precision in the crypto tax space. - https://www.financialservicesreview.com/cryptotaxauditCryptoTaxAudit specializes in:β Complex gain calculations and wallet trackingβ Expat and foreign disclosure complianceβ IRS audits, defense, and forensic tax strategiesβ Bulletproof crypto tax returns designed to resist auditsπ¬ Work with the CryptoTaxAudit team:π https://www.cryptotaxaudit.com/tax-prep-waiting-list
β¬β¬β¬β¬β¬ NOTICE β¬β¬β¬β¬β¬β οΈ πππͺππ₯π π’π π¦πππ π ππ₯π¦ ππ‘ π’π¨π₯ ππ’π π ππ‘π§π¦ ππ‘π ππ’π π π¨π‘ππ§π¬ ππππ‘π‘πππ¦We will never ask you for your personal information on social media. Beware of people masquerading as our host, guests, or sponsor company.
π DisclaimerThe content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.
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