According to Techub News and reported by Decrypt, New York State Assemblyman Phil Steck has proposed a 0.2% sales tax on Crypto Assets transactions, with the proceeds intended to help schools in northern New York combat drug abuse. Based on Chainalysis data from 2022 to 2023 and recent GDP statistics, it is estimated that this tax will generate $158 million in tax revenue annually.

PHIL1.81%
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