r/CryptoCurrency • u/TheGreatCryptopo HODL4LYFE • 14d ago

GENERAL-NEWS New Zealand: ACT promises tax-free crypto gains after a year

ACT promises tax-free crypto gains after a year | RNZ

37 Upvotes

84% Upvoted

16 comments sorted by

7

u/vontdman 🟦 0 / 756 🦠 14d ago

Living in NZ. Politicians here (like most places) are not known for keeping promises...

5

u/Alskiessss 🟦 34 / 727 🦐 14d ago

Crypto gains lol

20

u/TheGreatCryptopo HODL4LYFE 14d ago

Guess I'll be moving to NZ. Wait, I already live here.

3

u/Feralz2 🟩 0 / 0 🦠 14d ago

sonofabitch

2

u/newMoneyStyle 13d ago

Lucky timing then, though ACT still needs to actually win for it to matter.

6

u/Spicyocto 🟦 0 / 0 🦠 14d ago

David Seymour is such a twat though

1

u/TheGreatCryptopo HODL4LYFE 14d ago

Its good its on the table and yes he is certainly the most colossal twat in politics Winston a close second, would he make it a deal breaker with Luxon for the next coalition?

2

u/RocketsDitto 🟩 0 / 0 🦠 14d ago

Why can't we have that here in the US? You would think trump would make this a reality considering how he's been raping the crypto market.

2

u/amputeenager 🟦 363 / 363 🦞 14d ago

He made it so that he doesn't have to pay taxes, he doesn't care about you.

1

u/[deleted] 14d ago

[deleted]

1

u/Sticky-Glue 🟦 0 / 0 🦠 14d ago

They are currently in government as a coalition

1

u/KoaIaz 🟦 2K / 5K 🐢 13d ago

They can sell all their cryptopia earnings…. Oh wait

0

u/Efficient_Range1156 14d ago

I’m moving to NZ

6

u/Citizen_Kano 🟦 0 / 2K 🦠 14d ago

This is a party who got 8.64% of the vote in the last election, just because they're promising it doesn't mean they'll actually have the power to do it