Cryptocurrency Tax Hijinks Showcase How Desperate Senators Are For ‘Pay-Fors’

At the eleventh hour, the Senate’s bipartisan infrastructure bill almost managed to sink itself over a provision that had no business being in there in the first place: new policy to regulate so-called “cryptocurrency” activities. It should be a sign to taxpayers that the bill’s supposed “pay-fors” are little more than budgetary sleight-of-hand.

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