Crypto investors build Bitcoin mines to avoid paying taxes — thanks to Trump
In the US, tax-shy crypto enthusiasts are building new Bitcoin mining plants in struggling rural areas to take advantage of a controversial Trump-era loophole intended for the poor, reports HuffPost. Republican legislation introduced in 2017 allows companies and investors to reduce their tax bills when selling off assets like crypto or stocks — provided they use the money to fund projects in so-called “opportunity zones.” Opportunity zones were introduced to give a leg-up to the most deprived ar
