A House committee handed crypto users a break on fees of $10 or less and paid for it by importing the anti-abuse rules that govern stocks, and the traders who harvest losses in December are the ones paying.
Perspective Coverage
5 publishers
- Builder
- Builder 11%
- Operator
- Operator 41%
- Investor
- Investor 48%
Reality
- Evidence70
- Adoption
- Not scored
- Hype gap+25
- Incentives55
- Confidence65
One in ten Hill aides expects a crypto tax bill to clear Congress this year
Ten percent of Hill aides polled by Punchbowl News expect a digital-asset tax bill to pass before Dec. 31, 2026. Crypto firms and investors face year-end and 2027 under current rules while the House bill's $10 fee exemption and wash-sale extension wait on a crowded lame-duck Senate.
Reality
- Evidence42
- Adoption
- Not scored
- Hype gap0
- Incentives
- Not scored
- Confidence45
Daines's crypto tax draft pairs 2027 stablecoin relief with wash-sale limits on traders
Sen. Steve Daines's 13-section draft would stop taxing near-$1 stablecoin payments and network fees of $10 or less, while extending wash-sale rules to crypto. The relief goes to people who spend stablecoins, and the cost falls on trading desks that sell at a loss and buy straight back.
Reality
- Evidence40
- Adoption
- Not scored
- Hype gap+15
- Incentives
- Not scored
- Confidence40
Ways and Means votes 38-5 to reverse the 90% gambling-loss cap retroactive to 2026
A House committee has voted to let gamblers deduct all of their losses again, retroactive to tax years beginning after December 31, 2025, so the cap written into July's tax law would never touch a filed return.
Reality
- Evidence40
- Adoption25
- Hype gap+18
- Incentives75
- Confidence45
House Republicans weigh trading the mining tax deferral for one Democrat's vote
H.R. 9175 would move the tax on mining and staking rewards from the day they arrive to the day they are sold. Cryptobriefing.com reports the committee may cut that provision to bring a Democrat along before the September 16 markup.
Reality
- Evidence32
- Adoption
- Not scored
- Hype gap+26
- Incentives64
- Confidence44
Ways and Means takes up a crypto wash-sale extension worth $23.5bn over a decade
The September 16 markup pairs that revenue estimate with H.R. 9175, a bill letting miners and stakers wait until they sell before recognising income on newly created tokens. Bloomberg reported the schedule.
Reality
- Evidence45
- Adoption
- Not scored
- Hype gap+35
- Incentives60
- Confidence45
Trump endorses a film credit that stacks on whichever state already wins
The term on the table is 20% of all labor costs, actors included, layered on top of state incentives the way Canada's is, which moves the margin against foreign shoots without changing which American state gets the work.
Reality
- Evidence42
- Adoption18
- Hype gap+15
- Incentives78
- Confidence45