Proposed CLARITY ethics deal could save Trump millions in taxes: Bloomberg
60-second summary
A proposed bipartisan ethics deal could save Donald Trump millions in taxes by requiring him to divest his crypto businesses while allowing him to defer capital gains taxes on those sales, according to Bloomberg. The potential tax savings are substantial, with estimates suggesting millions of dollars in tax relief.
The latest bipartisan ethics proposal would reportedly require Trump to divest crypto businesses while allowing him to defer capital gains taxes on those sales.