EU is dying. Netherlands just passed a law on 36% tax on UNREALIZED capital gains starting in 2028

[Finance Prof]

Talk about bone head moves. Netherlands just passed a law on 36% tax on UNREALIZED capital gains.

Taxing imaginary wealth is mathematically the most efficient method ever invented to trigger immediate capital flight. The EU is doomed.

 

[import export]

Talk about bone head moves. Netherlands just passed a law on 36% tax on UNREALIZED capital gains.

Taxing imaginary wealth is mathematically the most efficient method ever invented to trigger immediate capital flight. The EU is doomed.

This will collapse their economy. People will have to liquidate wealth to pay the tax and then pay tax on the proceeds from the sale. They want people to own nothing. They are also planning an exit tax too. Many EU countries already have an exit tax.

 

[oil rush]

This might become the biggest destruction of long term wealth in the history of the Netherlands.

 

[MikeRoss]

Talk about bone head moves. Netherlands just passed a law on 36% tax on UNREALIZED capital gains.

Taxing imaginary wealth is mathematically the most efficient method ever invented to trigger immediate capital flight. The EU is doomed.

Seems like a sure fire way for anyone with assets to flee Netherlands. They are cooked.

 

[Spend Thrift]

 

[Wally]

What a recipe for disaster. 🤦‍♂️