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RE: CRYPTO COIN TAXATION....*SEE CRYPTOTAX'S NEWEST TAX ARTICLE*.....
Agreed--I doubt we'll see the tax code simplified any time soon if ever at all. I think there's currently about 70,000 pages of tax code for the US and the IRS adds to it every year.
I think a flat tax / VAT / national sales tax would be a decent way to go IF they eliminated all the other crap that we have now.