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RE: CRYPTO COIN TAXATION....*SEE CRYPTOTAX'S NEWEST TAX ARTICLE*.....
Believe me...I'm in the business and it scares me what I don't know not to mention how complicated things have gotten...it's blasphemous to say...but I would be in favor of a flat simple tax...just don't ever see it happening in my life time...
Agreed--I doubt we'll see the tax code simplified any time soon if ever at all. I think there's currently about 70,000 pages of tax code for the US and the IRS adds to it every year.
I think a flat tax / VAT / national sales tax would be a decent way to go IF they eliminated all the other crap that we have now.