Pro XRP Lawyer John Deaton Opposes Senator Warren’s Taxation Views

John Deaton, a pro-XRP activist, has publicly said that he disapproves of Senator Elizabeth Warren's proposed tax policies.
By Nausheen Thusoo
John Deaton Calls Out Elizabeth Warren Crypto Stance and Bank Lobbying Ties

Highlights

  • Pro XRP advocate John Deaton has openly expressed his aversion to Senator Elizabeth Warren's taxation plans.
  • Previously, to defeat Elizabeth Warren in the Senate, pro-XRP attorney John Deaton had launched a fundraising campaign.
  • Deaton is well known for his openness to openly back cryptocurrencies.

Pro XRP advocate John Deaton has openly expressed his aversion to Senator Elizabeth Warren’s taxation plans. At present John Deaton has a lot of support from the XRP community given his commitment and enthusiasm for bringing a well-known face of the crypto industry into politics. Deaton’s recent election fundraising campaign was also backed by cryptocurrencies itself.

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Pro XRP Lawyer John Deaton Criticizes Senator Warren’s Tax Views

Senator Elizabeth Warren previously in an X post expressed her opinions about taxing the wealthy. She wrote, “Massive companies are posting historic profits, and the wealthiest 1% of people just reached a record $44 trillion.”

However, this view of taxing the rich didn’t seem to have sat right with pro XRP supporter John Deaton. In a reply on X, he wrote “Senator Warren is concerned about increasing the amount of money that goes to the federal government. I’m concerned about stuffing your pocket with additional cash.”

He also added that taxing the wealthy did not increase the amount of money that the middle class or the destitute received. Everyone may agree that the wealthy ought to contribute fairly. Deaton, if he conquers the senate seat, will concentrate on helping the underprivileged and growing the middle class, he said.

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John Deaton’s Money Raise Campaign

Previously, to defeat Elizabeth Warren in the Senate, pro-XRP attorney John Deaton had launched a fundraising campaign. One post on social networking platform X stated that donations to Deaton’s fundraising campaign would be accepted in cryptocurrency. Overall, the cryptocurrency community has shown tremendous support for Deaton, with prominent proponents like Anthony Scaramucci also jumping on the bandwagon.

Particularly from the XRP community, there has been curiosity about Deaton’s political candidacy. Deaton is well known for his openness to openly back cryptocurrencies. His commitment to the cryptocurrency industry has pleased many in the XRP and wider Web3 communities. His campaign might facilitate the passage of cryptocurrency-related legislation in the Senate and a wider acceptance of the digital currency space.

Read Also: Crypto Groups File Amicus Briefs in Support of Tornado Cash Developer

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Nausheen Thusoo
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