NYC (with the wealth tax) and then now IL proposing economically suicidal policy.
This crypto transfer tax is impossible to enforce & doesn't even make sense.
It's like they try to charge 0.2% tax on all ACH transfer lol
Democrat politicians are becoming delusional nowadays
NEW: Illinois Governor Pritzker has signed a 0.2% tax on crypto transactions into law including transfers between personal wallets, with the Crypto Council for Innovation calling it "the most punitive digital asset tax in the country."