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Why Taxing Bitcoin 'Doesn't Make A Ton Of Sense' According To Bill Miller IV
Miller Value Partners investment chief Bill Miller IV has questioned the government’s right to tax Bitcoin. "If you think about why you pay taxes in society, it’s to enforce property rights," the son of legendary investor Bill Miller III told Bitcoin educator Natalie Brunell on a "Coin Stories" podcast episode released last week. "And so the government, when you say buy or sell a house, all that recordation tax, all those taxes go towards keeping track of who owns what." Miller said taxing Bitcoin did not feel right because the blockchain handled these administrative tasks. "For them to reach their hand in there, ... (full story)
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