And indeed, there are provisions that would close loopholes that are specific to the digital asset industry, another goal that I think we all share. At the same time, It appears there are some provisions that deviate substantially from general tax principles, providing a distinct advantage that are beyond some other investments. We want to be careful about putting a thumb on the scale, and as we all know, it's much easier to put something into the tax code than it is to take it out. (01:40–01:50)
CLAIM
Asserts that some provisions deviate from general tax principles, giving certain investments an advantage.
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