Joe Biden Takes A Dig At “Wealthy Crypto Investors’’

Joe Biden Takes A Dig At Wealthy Crypto Investors

US President Joe Biden posted an infographic on Twitter linking Republicans with “wealthy crypto investors.”

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As per the image posted by Joe Biden on Twitter, tax loopholes helped wealthy crypto investors evade $18 billion in taxes.

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Though the US President did not specify which loopholes were costing the government billions of dollars and what reforms would save them.

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The Biden administration also proposed a 30% tax on crypto mining, which was again advanced on 2nd May.

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Earlier, FTX founder SBF had admitted that he paid billions of dollars to Dempcrats and Republicans.

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Biden’s knock at “wealthy crypto investors' comes amid the debt crisis.

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Read how the US government running out of money could affect you.

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