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Bitcoin ($BTC) holders could keep more of their profits if Washington follows through on tax changes currently under discussion at the White House.
Capital gains tax, the levy on the profit you realize when you sell an asset for more than its purchase price, is at the center of those conversations.
Bloomberg reported Wednesday that President Donald Trump is exploring two ideas with his economic advisers: adjusting gains for inflation and raising exemptions on home sales ahead of November's midterm elections.
What is actually on the table No legislation exists. The White House told Bloomberg that Trump is exploring ideas and that any policy announcements would come directly from the administration.
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