In a rare bipartisan moment, Congress has sent a historic pair of cryptocurrency bills to President Trump’s desk — the GENIUS Act and the CLARITY Act — marking the most sweeping federal crypto legislation in American history. President Trump, continuing his pro-innovation agenda, signed the GENIUS Act into law on July 18, 2025, while the…
A Tax Too Far? Weighing the 3.5% Remittance Levy in the One Big Beautiful Bill
Let’s talk about money—specifically, money flying out of the country faster than a kid bolting from chores. The One Big Beautiful Bill Act has an interesting provision that I haven’t heard anyone talk about: a 3.5% tax on money sent abroad by non-citizens, including green card holders and visa workers. Let’s examine this from an…