🇯🇵 Tamaki, leader of Japan's Democratic People's Party (DPP), proposes cutting crypto taxes to 20% if elected! 📉
- Currently, crypto profits are taxed at 15% to 55%, depending on personal income.
- Tamaki wants crypto to be taxed like stock profits, at just 20%.
- This plan also does not trigger taxes when converting one crypto to another.
🗳️ Japan's election will take place on October 27. The DPP is focused on raising wages to fight inflation and wants Japan to lead in the Web3 field.
💬 What do you think of this proposal? Comment below!