Conversations about adopting a flat tax in the United States are lighting up the social media platform X. 16 Million Words Too Many? Department of Government Efficiency Sparks Flat Tax Debate The debate hit a fever pitch after the Department of Government Efficiency (DOGE), spearheaded by prominent names Elon Musk and Vivek Ramaswamy, floated the…
Detroit, Michigan has become the largest US city to begin accepting Bitcoin and other crypto for tax payments. The city announced today that in 2025, citizens may begin paying their taxes and city fees with cryptocurrency. JUST IN: 🇺🇸 Detroit, Michigan, becomes the largest US city to accept #Bitcoin and crypto for taxes. — Watcher.Guru…
In a lively exchange on Fox & Friends this week, former U.S. President Donald Trump floated an intriguing idea: doing away with income taxes entirely. ‘There is a Way’: Trump’s Nostalgic Call for Ending Income Taxes During the television segment, Donald Trump took a nostalgic trip down memory lane, recalling a time when Americans didn’t…
Donald Trump’s tax reform plan could exempt roughly 93.2 million Americans, or just under half of the U.S. electorate, from part of their income taxes. The Republican nominee has proposed eliminating taxes on tips and Social Security benefits. Trump also said he would think about exemptions for firefighters, police, and military personnel, according to CNBC….
Ohio State Senator Niraj Antani has introduced a bill to legalize cryptocurrency payments for state and local taxes. Emphasizing the importance of cryptocurrency in the present economy, the bill requires Ohio to accept digital currencies like bitcoin and allows state retirement systems to invest in them. Antani highlights Ohio’s historical role in cryptocurrency adoption. Ohio…
The New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims to increase transparency in the crypto asset market. Effective April 1, 2026, New Zealand-based crypto-asset service providers (CASPs) must collect and report information on reportable users’ transactions. Penalties are proposed for non-compliance by CASPs and…
Thai authorities successfully raided an illegal bitcoin mining operation in Ratchaburi on August 23. The raid came after residents reported frequent power outages. The bitcoin mining operation was found to be consuming electricity that the occupants of the house were not fully paying for. Bitcoin Mine Raided Amid Resident Power Outage Complaints Authorities in Thailand…