Free Republic

The Internal Revenue Service explicitly asks taxpayers to disclose their cryptocurrency transactions on the newest tax form, making it easier for the federal government to tamp down on fraud or tax evasion later down the line. “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” the form, released last week, asks, with two options: yes or no. The question about virtual currencies has been included in tax forms since 2014, as a disclosure that should be treated as property for tax purposes. Cryptocurrency sales or exchanges are taxed...

Just when we'd been told the Chamber of Commerce had bought the election, along comes the American Federation of State, Country and Municipal Employees to pour nearly $90 million into the campaign. According to The Wall Street Journal, this makes the public-sector union the biggest spender of all the outside groups. The National Education Association and the Service Employees International Union rank among the top five. Collectively, these three unions representing millions of public workers -- only the SEIU is majority private -- are devoting an estimated $170 million to an election Democrats insist that they are losing because of...