Eliminate Bitcoin long-term Capital Gains Tax- A Plea to Donald Trump & Congress


Eliminate Bitcoin long-term Capital Gains Tax- A Plea to Donald Trump & Congress
The Issue
Petition to Eliminate Long-Term Capital Gains Tax on Bitcoin Savings
To President Trump, Congress, and Fellow Americans,
We are hardworking Americans—your neighbors, small business owners, and families—who have dedicated our lives to building a better future for ourselves and our nation. We’ve paid our taxes, contributed to our communities, and played by the rules. But today, we face an unfair and outdated system that punishes us for protecting our hard-earned savings. We urgently need your support to fix this injustice by eliminating the long-term capital gains tax on Bitcoin savings.
The Problem: A Broken System That Punishes Savers
Since 1971, the Federal Reserve’s unchecked money printing has systematically devalued the U.S. dollar, eroding the purchasing power of every dollar we earn and save. This isn’t speculation—it’s a harsh reality we feel every day. The cost of groceries, housing, and healthcare continues to soar, while our savings lose value through no fault of our own. To protect our financial security, many of us have turned to Bitcoin, a decentralized asset that shields our wealth from the dollar’s relentless devaluation.
But here’s the catch: when we save in Bitcoin to preserve our wealth, the government imposes a long-term capital gains tax on those savings. This isn’t fair. Bitcoin’s value isn’t “gaining” in the way stocks or other investments might—it’s simply holding steady while the dollar loses value. Taxing our Bitcoin savings is effectively double taxation, punishing us for trying to protect what we’ve worked so hard to earn. This policy rewards a failing fiat monetary system and penalizes prudent Bitcoin savers.
Why This Matters to Every American
This issue affects more than just Bitcoin holders—it threatens the American Dream itself. Over-taxation and a devalued dollar are driving hardworking citizens and businesses to consider leaving the United States for countries with fairer policies. Is this the future we want? A nation where our own people feel forced to flee in search of economic freedom?
We are proud to be Americans, and we want to stay here, investing in our communities and strengthening our economy. But the current system makes it harder for us to do so. By taxing Bitcoin savings, the government is pushing wealth, innovation, and opportunity overseas. We deserve better. Our savings should fuel America’s economy, not another country's.
Our Call to Action-
We are not asking for special treatment. We are asking for fairness. We propose a simple, common-sense solution: eliminate the long-term capital gains tax on Bitcoin savings. This change would:
Protect American savers from the devastating effects of dollar devaluation.
Encourage economic growth by keeping wealth and innovation in the United States.
Restore fairness by ending the double taxation of savings already taxed as income.
We are not requesting the elimination of short-term capital gains taxes for traders seeking quick profits. Our focus is on long-term savers who are simply trying to preserve their wealth in a system stacked against them.
Join Us in Taking a Stand
President Trump and Congress, we call on you to act swiftly and decisively. Show the American people that you value our hard work, our savings, and our future. Let’s make the United States a place where savers are rewarded, not punished, and where our wealth can thrive at home.
To every American reading this: your signature can make a difference. By signing this petition, you’re standing up for economic fairness, for the right to protect your savings, and for a stronger, more prosperous America. Share this petition with your friends, family, and networks—on social media, at your workplace, and in your community. Together, we can send a powerful message to our leaders: We demand change, and we demand it now.
Sign the Petition Today
Let’s keep our wealth, our families, and our future right here in the United States. Sign this petition to eliminate the long-term capital gains tax on Bitcoin savings and help us build a fairer, stronger America for all.
Thank you for your support.

20
The Issue
Petition to Eliminate Long-Term Capital Gains Tax on Bitcoin Savings
To President Trump, Congress, and Fellow Americans,
We are hardworking Americans—your neighbors, small business owners, and families—who have dedicated our lives to building a better future for ourselves and our nation. We’ve paid our taxes, contributed to our communities, and played by the rules. But today, we face an unfair and outdated system that punishes us for protecting our hard-earned savings. We urgently need your support to fix this injustice by eliminating the long-term capital gains tax on Bitcoin savings.
The Problem: A Broken System That Punishes Savers
Since 1971, the Federal Reserve’s unchecked money printing has systematically devalued the U.S. dollar, eroding the purchasing power of every dollar we earn and save. This isn’t speculation—it’s a harsh reality we feel every day. The cost of groceries, housing, and healthcare continues to soar, while our savings lose value through no fault of our own. To protect our financial security, many of us have turned to Bitcoin, a decentralized asset that shields our wealth from the dollar’s relentless devaluation.
But here’s the catch: when we save in Bitcoin to preserve our wealth, the government imposes a long-term capital gains tax on those savings. This isn’t fair. Bitcoin’s value isn’t “gaining” in the way stocks or other investments might—it’s simply holding steady while the dollar loses value. Taxing our Bitcoin savings is effectively double taxation, punishing us for trying to protect what we’ve worked so hard to earn. This policy rewards a failing fiat monetary system and penalizes prudent Bitcoin savers.
Why This Matters to Every American
This issue affects more than just Bitcoin holders—it threatens the American Dream itself. Over-taxation and a devalued dollar are driving hardworking citizens and businesses to consider leaving the United States for countries with fairer policies. Is this the future we want? A nation where our own people feel forced to flee in search of economic freedom?
We are proud to be Americans, and we want to stay here, investing in our communities and strengthening our economy. But the current system makes it harder for us to do so. By taxing Bitcoin savings, the government is pushing wealth, innovation, and opportunity overseas. We deserve better. Our savings should fuel America’s economy, not another country's.
Our Call to Action-
We are not asking for special treatment. We are asking for fairness. We propose a simple, common-sense solution: eliminate the long-term capital gains tax on Bitcoin savings. This change would:
Protect American savers from the devastating effects of dollar devaluation.
Encourage economic growth by keeping wealth and innovation in the United States.
Restore fairness by ending the double taxation of savings already taxed as income.
We are not requesting the elimination of short-term capital gains taxes for traders seeking quick profits. Our focus is on long-term savers who are simply trying to preserve their wealth in a system stacked against them.
Join Us in Taking a Stand
President Trump and Congress, we call on you to act swiftly and decisively. Show the American people that you value our hard work, our savings, and our future. Let’s make the United States a place where savers are rewarded, not punished, and where our wealth can thrive at home.
To every American reading this: your signature can make a difference. By signing this petition, you’re standing up for economic fairness, for the right to protect your savings, and for a stronger, more prosperous America. Share this petition with your friends, family, and networks—on social media, at your workplace, and in your community. Together, we can send a powerful message to our leaders: We demand change, and we demand it now.
Sign the Petition Today
Let’s keep our wealth, our families, and our future right here in the United States. Sign this petition to eliminate the long-term capital gains tax on Bitcoin savings and help us build a fairer, stronger America for all.
Thank you for your support.

20
The Decision Makers
Petition Updates
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Petition created on November 9, 2024
