18 US lawmakers join forces to pressure the IRS: demand changes to double taxation rules for encryption staking before 2026

2025-12-22 08:38:11

The two parties in the U.S. Congress have come together on the issue of taxation for crypto staking. Recently, 18 members of Congress jointly submitted a letter to the IRS, with a core demand: to promptly amend the tax rules for crypto staking.

The crux of the issue lies in the so-called “double taxation”. The current tax system design subjects staking income to two tax burdens: tax must be paid at the moment of receiving the reward, and then again when selling later. Many industry insiders believe that this design is both unreasonable and unfair.

Congressman Mike Carey pointed out in his statement that modifying this set of rules is not only a technical issue but also relates to the competitiveness of the United States in the digital asset space. If a relatively friendly tax environment can be provided for blockchain and encryption assets, the U.S. can maintain its leading position in this wave of innovation. The proposal suggested by the congressmen is to tax users only when they sell assets, rather than taxing them immediately when stake earnings are received.

The time window is also crucial—this group of lawmakers hopes that the reform can be implemented before 2026.

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ApyWhisperer

· 12-23 14:02

Bipartisan cooperation on tax reform? Is this reliable... it feels like just talk, can it really change before 2026? --- Finally, someone is speaking for us; the issue of double taxation is indeed ridiculous, it's favourable information, everyone. --- Wait, is this really going to change or is it another short position? The Americans have too many tricks up their sleeves. --- The stakers are ecstatic, but I bet five bucks it will end up going nowhere. --- This time is different; both parties have nodded in agreement, it really feels promising. --- So, is the era of Clip Coupons really coming to an end? It was about time.

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AirdropHarvester

· 12-23 04:04

Ha, this time the two parties finally reached a consensus, it's absolutely incredible, double taxation is indeed outrageous. Finally, the members of both parties have had a moral awakening, now it looks promising. It should have been changed earlier; staking rewards are taxed once, and when selling, it happens again, it's really greedy. If this matter is indeed changed, the U.S. will finally catch up in the crypto space. The U.S. must hurry up in terms of crypto competitiveness, or it will truly be left behind. Waiting until 2026 is just too long, this efficiency is honestly quite average. The staking method is prone to issues with the tax authorities, and this joint letter indicates a significant problem. If these rules are not changed, how can the U.S. compete with Europe? Anyone encountering this double taxation headache is in trouble; reform is urgent.

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FUDwatcher

· 12-22 17:32

Finally, someone dares to touch this cake. Double taxation is really outrageous. Earning some stake returns and still getting played people for suckers twice? Have American politicians collectively woken up? How much pressure must there be for both parties to agree... At this rate, changing the rules in 2026? I have a feeling it’s still a long way off. Once the stake tax reform passes, I wonder what new traps will emerge... It’s a good thing for both parties to unite, but I’m afraid it’s just more talk than action. If America really wants to implement friendly policies, this area indeed needs to be increased. Can this actually move forward, or is it just more talk?

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SnapshotDayLaborer

· 12-22 09:07

Finally, someone is speaking for us. The cooperation between the two parties is really not easy. It's definitely a play people for suckers tax. Every time we enter and exit, we get played for suckers again, and they ask us why we don't keep American cryptocurrency trading. 18 legislators have joined forces; the IRS has to seriously consider this time... but it's uncertain if any real changes can be made. Hurry up, it needs to be changed before 2026, or else all the American crypto talent will have run away. The double taxation system is indeed ridiculous. Let's do a quality check to see if it can be implemented sooner.

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hodl_therapist

· 12-22 09:05

Finally, someone dares to speak up. The issue of double taxation should have been addressed long ago. If the U.S. continues to dawdle here, Europe and Asia will have already poached all the talent.

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HorizonHunter

· 12-22 09:04

Wow, finally someone is making a move. Both parties unanimously oppose double taxation, and now the IRS must be in a panic. If the US really implements this policy, how long do we have to wait?

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PositionPhobia

· 12-22 08:58

Finally, someone is speaking up for us. This double taxation rule is really outrageous. The two parties are joining forces to push the IRS to change the rules, and they aim to get it done before 2026. Is this reliable?

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FOMOSapien

· 12-22 08:45

Finally, American politicians are using their brains a bit. The double taxation scheme is really outrageous. --- Wait, are they really going to change this or is it just another trick to fool us investors? --- Damn, this is what should be done, stop just playing people for suckers all day. --- 2026? How long do we have to wait? What do we do now, brother? --- Finally, someone is waking up, otherwise the U.S. will really drive all builders away. --- I just want to see how the IRS will respond; it feels like it won't be that straightforward. --- Do these 18 congressmen really dare to confront the IRS, or is it just another short position?

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BlindBoxVictim

· 12-22 08:38

Finally, someone dares to confront the IRS. This double taxation trick should have been changed long ago. Earning staking rewards and still getting played people for suckers twice, isn't this pure pua... The U.S. is starting to loosen up on crypto, when will the domestic side catch up? The fact that both parties agree on this issue indicates that the problem is indeed significant. Looking forward to substantial progress by 2026. Is it the spring of the staking party? Don't get too excited too early, those IRS folks have always been difficult.

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