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1 month ago
Renowned economist Peter Schiff on Wednesday backed early Bitcoin (CRYPTO: BTC) adopter Roger Keith Ver in his fight against U.S. authorities on tax evasion charges.
What Happened: Schiff called Ver’s motion to dismiss the U.S. Department of Justice’s indictment for deliberately avoiding tax liability of nearly $50 million “correct.”
“It's an unapportioned direct tax. Hopefully, he wins, forcing the government to lower the top income tax rate or risk a flood of expatriations,” Schiff argued.
