Birdwatch Note Rating
2025-01-21 21:16:02 UTC - HELPFUL
Rated by Participant: 4494F92FD3C522093933FA98E40C870986D6BD1A29B3C7967E43DF335592DA15
Participant Details
Original Note:
Despite signing roughly 200 executive actions on his first day, Trump could not—and did not—eliminate crypto capital gains taxes, as Article I, Section 8 of the U.S. Constitution exclusively vests the "Power To lay and collect Taxes" in Congress. https://fullfact.org/online/executive-order-cryptocurrencies-capital-gains-tax/ https://www.whitehouse.gov/presidential-actions/ https://constitution.congress.gov/browse/essay/artI-S8-C1-1-1/ALDE_00013387/
All Note Details