re: NETHERLANDS HOUSE PASSES 36% TAX ON UNREALIZED GAINS

Will the law apply to the Dutch Royal family?

Say what you want about European mindset. But, when a handful of families consolidates wealth for 800 years, there needs to be some policy to occasionally rebalance to avoid the continuous cycle of razing the continent to rubble every couple hundred years.

Smells of Enron’s mark to market fraudulent accounting, claiming revenue today for future markets.

Nancy aint signing that shite!

From what I'm reading, looks like NL Senate is likely to ratify this measure. They already have high taxes so this isnt entirely out of character just the latest expansion. I have a friend that is married to a Dutch woman and they wanted to reside their. Unfortunately, if he establishes residency they will heavily tax his US retirement accounts based on their balance not just withdrwals. That is under current NL tax law. Thus, they now plan to reside in Belgium instead once he retires fully and loses privileges working supporting US military.

That will be the day, when we realize we can count realized, unrealized costs!

They really are trying to make this idea mainstream. Here you see AOC at the Munich Security Conference this week supporting a wealth tax then an Argentinean politician explains it's the path to ruin.

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