Archive: crypto gains taxes

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Crypto Needs Its Own Bill Clinton

By Vin Narayanan on August 5, 2021

I don’t praise politicians often. And I rarely praise former President Bill Clinton. But in 1998, Clinton fought for and signed into law a 10-year moratorium on taxing internet access. The new law also prevented most e-commerce purchases from being taxed.  Clinton argued at the time that the internet was just emerging as an economic force. And that taxing it could stifle its growth.  Clinton was right. The internet — and e-commerce — was…