Pat Toomey (US Sen. ret.)

@SenToomey ↗

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Last Checked Jan. 3, 2022

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Fri Aug 06 19:44:50 +0000 2021

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Pat Toomey (US Sen. ret.) @SenToomey

The Warner-Portman plan exempts bitcoin miners, but not other transaction validators or software developers who create these platforms. What does that mean? Two identical services could receive dramatically different regulatory treatment depending on the technology used. — PolitiTweet.org

Posted Aug. 6, 2021

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Pat Toomey (US Sen. ret.) @SenToomey

While I appreciate that my colleagues and the White House have acknowledged their original crypto tax had flaws, the Warner-Portman amendment picks winners and losers based on the type of technology employed. That’s horrible for innovation. — PolitiTweet.org

Posted Aug. 6, 2021

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Pat Toomey (US Sen. ret.) @SenToomey

.@USTreasury wants maximum flexibility to regulate and tax crypto as they see fit. Congress should not allow that to happen. We need to have this debate in public and in full, especially before potentially disruptive changes are made that push crypto overseas. — PolitiTweet.org

Posted Aug. 6, 2021