HomeUncategorizedElizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’ By Cointelegraph

Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’ By Cointelegraph

August 3, 2023

[ad_1]



A number of United States lawmakers have urged the Internal Revenue Service and the Treasury to speed up the closure of tax loopholes being exploited by “crypto tax evaders.”

In an Aug. 1 letter, Democratic Senators Elizabeth Warren, Bernie Sanders, Bob Casey and Richard Blumenthal warned the top officials of both agencies that they must swiftly act on new tax regulations.

Letter to the Treasury and the IRS urging swifter crypto tax policy. Source: Elizabeth Warren
Elizabeth Warren’s anti-crypto army campaign. Source: Twitter