Crypto News

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

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.

Advertisement

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.

Read Also: Coinbase L2 Base Outshines Arbitrum In Transaction Count

Advertisement

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

Advertisement
Share
Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Crypto News

Who Will Be the Next Fed Chair? Trump to Interview Finalists to Replace Powell Today

President Donald Trump will interview the final candidates to replace Jerome Powell as the next…

December 10, 2025
  • Crypto News

Ripple Releases XRP Ledger (XRPL) Upgrade to Boost Stability, DeFi: Details

In today’s big XRP news, Ripple has officially released a major upgrade to XRP Ledger…

December 10, 2025
  • Crypto News

Another Solana ETF Incoming? Invesco Galaxy Makes Final Filing to Begin CBOE Trading

The market is on the verge of getting an eighth Solana ETF product as Invesco…

December 10, 2025
  • Bitcoin News

Bitcoin, Crypto Market to Remain Range-Bound After FOMC Meeting, Matrixport Predicts

Bitcoin trades above $92,000 ahead of the key FOMC Meeting, with the broader crypto market…

December 10, 2025
  • Crypto News

TRUMP Coin Gets Big Utility Boost With President Trump–Inspired Game Set for Launch

The TRUMP coin team has announced the upcoming launch of a mobile game themed around…

December 10, 2025
  • Crypto News

Avalanche, Crypto Associations Held Key Meeting with US SEC Crypto Task Force

Avalanche developer Ava Labs, Blockchain Association, and The Digital Chamber met with the U.S. Securities…

December 10, 2025