Rep. Matt Gaetz (R-FL) is introducing a bill that would allow the federal income tax to be paid with Bitcoin, The Daily Wire can exclusively reveal.
The legislation, if enacted, would amend the Internal Revenue Code of 1986 with language ordering the Treasury secretary to develop a plan for accepting the popular decentralized digital currency.
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“By enabling taxpayers to use Bitcoin for federal tax payments, we can promote innovation, increase efficiency, and offer more flexibility to American citizens,” Gaetz told The Daily Wire.
He continued, “This is a bold step toward a future where digital currencies play a vital role in our financial system, ensuring that the U.S. remains at the forefront of technological advancement.” […]
– Read More: www.dailywire.com
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