Dogecoin Foundation Shares Message Against Trump’s Tax Favoritism For US Crypto Firms
The Dogecoin Foundation, a non-profit building open-source projects for the Dogecoin (CRYPTO: DOGE) ecosystem, reshared an X post calling for equitable treatment for community-driven projects amid speculations of President-elect Donald Trump slashing capital gains tax on U.S.-issued cryptocurrencies.
What Happened: The Dogecoin Foundation shared arguments by a user called “junior developer,” who stated that the policy should be extended to all community-driven and open-source coins, not only those generated by U.S. companies.
“If I started a U.S. company to hardfork Dogecoin and the fact there’s a company behind it gives tax preference where classic Doge doesn’t get the same treatment, the Trump admin has chosen a network winner based on policy and preference. I reject that idea,” the user wrote.
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