“U.S. President Joe Biden today submitted his budget proposal for the 2023 fiscal year in conjunction with the U.S. Treasury Department’s revenue explanations. By the administration’s estimate, the U.S. can gather roughly $11 billion in revenue over 10 years—and nearly $5 billion next year alone—by “moderniz[ing] rules” to apply certain financial accounting and reporting practices to digital assets.”

READ MORE: https://decrypt.co/96270/biden-eyes-5-billion-2023-revenue-applying-new-tax-reporting-rules-crypto

Biden Eyes $5 Billion in 2023 Revenue From Applying New Tax Reporting Rules to Crypto
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— Decrypt (@decryptmedia) March 28, 2022