Close Crypto Loopholes: Biden Aims for Tax System Fairness
• Joe Biden is aiming to reform the tax system by eliminating loopholes for crypto traders and hedge fund managers. • The US government has lost $18 billion in tax revenue due to these loopholes. • President Biden wants to close all the crypto loopholes by May 2021. Biden Aims For Tax System Fairness President Joe Biden has announced plans for a reform of the US tax system, with a