CryptoBlog n.2334
Peter Todd, the man identified as Satoshi Nakamoto in HBO's “Money Electric: The Bitcoin Mystery,” says he's been forced into hiding over security concerns, stressing that claiming ordinary people of ordinary wealth are extraordinarily rich exposes them to threats like robbery and kidnapping. The cryptographer and early Bitcoin contributor said he appeared in the documentary thinking it was about the history of Bitcoin and not an attempted exposé.
CryptoBlog n.2333
Goldman Sachs strategists predict that the S&P 500's impressive gains of the last decade will not continue, with expected annualized returns dropping to just 3% over the next 10 years, compared to 13% in the previous decade. They also suggest that Treasury bonds might outperform equities, with a 72% chance that stocks will lag behind.
CryptoBlog n.2332
Donald Trump's tax reform plan proposes exempting about 93.2m Americans from income taxes, focusing on eliminating taxes on tips and Social Security benefits. Trump plans to replace the income tax system with revenue from his proposed tariffs, including a universal 20% tariff on all imports, and a 60% tariff on Chinese goods.
CryptoBlog n.2331
The leader of the Japan Democratic Party (DPP), Yuichiro Tamaki, promised to reduce taxes on crypto gains to 20% if elected. Currently, crypto profits in Japan are taxed as miscellaneous income, with rates ranging from 15% to 55%, depending on income levels. However, the DPP only holds 7 of 465 House of Representatives seats, meaning the plan could be far from fruition.