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Why isn't there a backlash against crypto taxation?

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by COINS NEWS 203 Views

Writing this since I saw that India passed a law where the crypto income is to be taxed by 30%.

Why is there not any backlash or some sort of oppositon against this? I am trying to keep up with the news but I didn't see a single news where there was an ounce of opposition or a person speaking against this. What's worse is that I read that even UK and Norway tax the crypto income by around 30 percent to 40 percent. I feel like this in some way gatekeeps those who want to be a part of the crypto community or just start investing.

What do you all think of this?

submitted by /u/MentalUsurpation
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