Adam Cochran: He was blocked for asking Mike Alfred to verify the authenticity of "Trump's plan to implement zero capital gains tax on cryptocurrency transactions". The president actually has no right to do this
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Odaily reported today that this morning at 8 am, Mike Alfred posted on X platform stating: "The Trump administration is preparing to announce a zero capital gains tax on cryptocurrency transactions at the crypto summit on Friday." In response, Cinneamhain Ventures partner Adam Cochran said: "Mike blocked me after I repeatedly verified his facts, but that won't stop me. The President cannot unilaterally modify the tax law. Only Congress can. This is one of the few minority powers of Congress explicitly stated in the Constitution. Even if the President announces this decision or tries to sign an executive order for it, it will not become law. This is no more effective than my claiming to be a cupcake."
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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