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Crypto Taxes Will Partially Fund Biden Administration’s New Infrastructure Bill

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29.07.2021

President Biden has unveiled a new infrastructure bill aimed at boosting the economy, saying that some of the cost will be paid by tax enforcement on crypto.

The Biden administration has published a new infrastructure bill, one that will raise billions through crypto taxation. The White House published a statement, called the “Historic Bipartisan Infrastructure Deal,” on July 28, calling it a “once-in-a-generation” investment.

The infrastructure deal’s primary intention is to bolster the country’s economy by job creation and is expected to add 2 million jobs per year over the next decade. Specifically, it will focus on growing the economy and enhancing the country’s........

© Entrepreneur


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