#山寨爆发

Is the alt season coming soon?

Only the US policy implemented by Trump can save the alt market.

Now the expectation is here.

Trump is considering imposing a 0% capital gains tax on cryptocurrencies issued by US companies.

Cryptocurrency companies in the United States will usher in a major benefit. The current capital gains tax rate in the United States is extremely high:

Short-term capital gains tax rate: the same as the personal income tax rate, up to 37%.

Long-term capital gains tax rate: depending on the income level, the tax rate is 0%, 15% or 20%.

This means that if an investor buys Bitcoin for $10,000 and sells it for $15,000 within a year, he will have to pay short-term capital gains tax on $5,000 of profit, and the tax burden can be as high as $1,850 (37% tax rate).