Adam Cochran verifies that "Trump's zero capital gains tax" has been blacklisted and is actually unenforceable

2025-03-04 12:19:02
Collection

ChainCatcher news, Mike Alfred posted on the X platform: "The Trump administration is set to announce a zero capital gains tax on cryptocurrency transactions at the crypto summit on Friday."

In response, Adam Cochran, a partner at Cinneamhain Ventures, stated: "Mike has blocked me for repeatedly fact-checking him, but that won't stop me. The president cannot unilaterally change tax law. Only Congress can. This is one of the few powers explicitly granted to Congress by the Constitution. Even if the president announces this decision or attempts to sign an executive order for it, it won't make it law. This is no more effective than me claiming to be a cupcake."

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