U.S. Congressman Matt Gaetz (R-FL) has introduced legislation to require the Internal Revenue Service (IRS) to accept bitcoin as payment for federal income tax returns.
Matt Gaetz states, “My groundbreaking legislation will modernize our tax system by allowing federal income tax to be paid with Bitcoin. By enabling taxpayers to use Bitcoin for federal tax payments, we can promote innovation, increase efficiency, and offer more flexibility to American citizens. This is a bold step toward a future where digital currencies play a vital role in our financial system, ensuring that the U.S. remains at the forefront of technological advancement.” (source)
