Rebened CHENDec 27, 2021 · 3 years ago2 answers How does a tax that takes a higher percentage of income as income rises affect the cryptocurrency industry?
How would the implementation of a tax system that increases the tax rate as income rises impact the cryptocurrency industry? How would this affect cryptocurrency investors, traders, and businesses? Would it discourage investment and trading activities in the cryptocurrency market? How would it impact the overall growth and adoption of cryptocurrencies?