JUST IN: 🇺🇸 Ohio bill that would exempt taxes on Bitcoin payments under $200 PASSES the House.
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yeah but that’s a state bill in an overtaxed state. State taxes on all cap gains for bitcoin should be 0% anyways. The federal capital gains is the big deal
True that
Should be denominated in sats.
Gradually, then suddenly
OMG I can buy 2 burgers! Lets celebrate failures and gas lighting!
A shit-hole state like Ohio passes a law to appease ponzi scheming campaign donors. I'm not surprised. The mid American states are such garbage.
In other news cat was safely rescued from roof top.
JUST IN: 🇺🇸 Ohio bill that would exempt taxes on Bitcoin payments under $200 PASSES the House.
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Altogether would be better
How do you tax a lightning transaction?