Trump Questions Capital Gains Tax on Bitcoin, Defends Crypto-Related Earnings Disclosure
2026-07-02 22:04:24
U.S. President Donald Trump questioned whether Bitcoin should be taxed like a traditional investment, arguing it has evolved into a form of money and that everyday purchases should not trigger capital gains tax. Speaking to reporters at Joint Base Andrews before departing on Air Force One late July 2 into July 3, Trump also defended his annual financial disclosure showing substantial crypto-related earnings, saying his children run his businesses and professional managers oversee investments. He called crypto “a big deal,” praised the stock market, and said U.S. growth could exceed 4%.
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