Mmmm yes very wise
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@IAMAL_PHARIUS So they just decided they don't want any moderately successful people in their country then huh?
Moving to the Netherlands to start a boutique firm that specializes in "alternative valuation models" that make these investments worthless on paper.
@IAMAL_PHARIUS NO THEY'RE GONNA TAKE MY TULIPS
Capitalism was never for us.
Get used to it.
@IAMAL_PHARIUS >Taxing people for money they THEORETICALLY have
Sounds retarded tbh which is keeping with modern judeonomics.
Sounds retarded tbh which is keeping with modern judeonomics.
@IAMAL_PHARIUS do you get money back if you lose unrealized capital gains? 
@kaia @IAMAL_PHARIUS "
Financial projections circulating among market participants illustrate the concern. According to data shared by Investing Visuals, an investor starting with €10,000 and contributing €1,000 monthly over 40 years could accumulate roughly €3.32 million without the tax. Under the proposed 36% levy, the ending value would drop to about €1.885 million, a reduction of roughly €1.435 million."
tbh one of the few times i understand those who are opposed of taxing "rich" people. This might affect everyone trying to save for retirement.
Financial projections circulating among market participants illustrate the concern. According to data shared by Investing Visuals, an investor starting with €10,000 and contributing €1,000 monthly over 40 years could accumulate roughly €3.32 million without the tax. Under the proposed 36% levy, the ending value would drop to about €1.885 million, a reduction of roughly €1.435 million."
tbh one of the few times i understand those who are opposed of taxing "rich" people. This might affect everyone trying to save for retirement.
@IAMAL_PHARIUS AKA how property taxes work in the US. City wants more money? They declare that your adequately-maintained hovel is worth six figures.