Biden's Capital Gains Tax Hike: Crypto Twitter Reacts

Biden's proposed capital gains tax hike to 44.6% has crypto Twitter in a tizzy, but experts say it's a "nothing burger" for most. The tax would only affect those earning over $1M a year, leaving the average crypto investor untouched. The 25% tax on unrealized gains also targets the ultra-wealthy with over $100M in net assets. So, unless you're swimming in crypto like Scrooge McDuck in his money bin, you're likely safe from these tax hikes. Remember, it's all just a proposal for now, so don't let the taxman spook you just yet!

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