David Sacks Rejects Proposed Crypto Transfer Tax, Citing Income Tax History as a Cautionary Tale

Following the first White House Crypto Summit, Crypto Czar David Sacks engaged in a discussion with the American entrepreneur Jason Calacanis, during which Calacanis floated the idea of imposing a 0.01% tax on every crypto transaction conducted within the United States. This levy, he suggested, would be collected in the transaction’s native digital asset. Calacanis […]