The U.S. Treasury Department grants tax incentives to private equity and cryptocurrency firms without legislative approval

The U.S. Treasury has introduced tax incentives for private equity and cryptocurrency firms without following standard legislative procedures, raising questions about authority and oversight.

Recent IRS proposals aim to attract foreign investment in U.S. Real estate, showcasing a shift in tax policy that may affect multinational corporations and their tax obligations.

Experts warn that the Treasury’s actions may overstep its bounds, challenging Congress’s constitutional role in making tax laws and potentially altering the legislative landscape.