Bruce Volpe from the United States Studies Centre gets investors across the latest on the debate around a crypto tax in the US Senate infrastructure bill. The ax passed intact, and a version of it will be in the final bill that Congress approves – but the precise provisions are up in the air. To help pay for the infrastructure build programs, the tax would amount to $28 billion over 10 years. Bruce says Biden has had a good August before what will no doubt prove to be a tough September.
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