A purely punitive move when they'll soon be printing 10 tril a year.

OriginalSize

Tighten tax rules for digital assets, including cryptocurrency, and impose a new 30 percent excise tax on electricity costs associated with digital asset mining

bitcoin

Biden's 2025 tax plan calls for 30% tax on cryptocurrency miners.

doubleplusgood23

Wording from the document:

> Tighten tax rules for digital assets, including cryptocurrency, and impose a new 30 percent excise tax on electricity costs associated with digital asset mining
