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Tamaki’s Crypto Con: How Japan’s Most Hopeless Politician Plans to Drain Your Wallet With Tax Cuts

Crypto NewsCyprusFeatured Linda Williams October 21, 2024

A Yuichiro Tamaki sitting at a desk surrounded by cryptocurrency screens with a sly grin on his face, holding a pen and paper with tax rates scribbled down. A Japanese flag in the background is torn apart, symbolizing chaos. The atmosphere is dark and ominous, conveying hopelessness.

A crypto tax cut in Japan? Yuichiro Tamaki’s got some ‘gains’ of his own – and they’re coming straight out of your wallet! The leader of the Democratic Party for the People, a party that still has only 7 seats in the House of Representatives (out of 465), thinks he can just waltz into power on a promise to lower crypto taxes. Newsflash Tamaki-san: you’ve got some serious ‘gaslighting’ skills if you think voters will fall for this one.

Source: cointelegraph

Japan political party leader promises crypto tax cuts if elected
https://cointelegraph.com/news/japan-political-party-leader-pledges-to-lower-crypto-taxes-to-20-percent
Japan’s Democratic Party for the People (DPP) leader Yuichiro Tamaki proposed a crypto tax plan that would lower tax crypto gains to 20% if he gets elected.  “If you think crypto assets should be taxed separately at 20% instead of treated as miscellaneous income, please vote for the Democratic Party for the People,” Tamaki said in a translated X post on Oct. 20.  Still, the plan could be far from […]

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About the author

Linda Williams

Linda’s venture into cryptocurrency ended in a gut-wrenching disaster when she lost her private keys due to a ridiculous mishap involving coffee and a particularly reckless cat. With her funds locked away forever, Linda now pours her frustration into writing biting critiques of crypto’s absurdities, dripping with sarcasm. Her tagline? “I lost my private keys and my sanity. Crypto promised freedom, but all it gave me was a lifetime of regret.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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