đŸ‡ŻđŸ‡” Yuichiro Tamaki, leader of Japan's Democratic Party for the People (DPP), has proposed reducing crypto tax to 20% if elected. Currently, crypto gains are taxed as miscellaneous income, ranging from 15% to 55%. Tamaki's plan would align crypto taxes with stock market profits and avoid tax events when exchanging crypto assets. However, the DPP holds only 7 of 465 seats in the House of Representatives, making the plan's implementation uncertain. Japan's election is on Oct. 27, with the DPP focusing on increasing take-home pay and Web3 leadership❗

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