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re: Netherlands House passes 36% tax on UNREALIZED GAINS!
Posted on 2/13/26 at 8:45 am to bhtigerfan
Posted on 2/13/26 at 8:45 am to bhtigerfan
Amazing how these concepts arise all around the world all at once.
Remember universal income as another example.
Different independent countries all wake up and start floating the same bullshite. It is ALMOST like there is an organization that is higher in hierarchy than countries... ALMOST.
Remember universal income as another example.
Different independent countries all wake up and start floating the same bullshite. It is ALMOST like there is an organization that is higher in hierarchy than countries... ALMOST.
0
Posted on 2/13/26 at 8:45 am to SlowFlowPro
quote:
Land has the combo of property taxes AND capital gains (assuming a gain/sale)
And possible maintenance/insurance costs depending on the nature of the property.
Posted on 2/13/26 at 8:45 am to bhtigerfan
Yep, taxes on unrealized gains followed by huge increase in confiscatory taxes and ultimately.......confiscation of property.
The standard solution that democrats always apply when they gain power.......tax and spend
The standard solution that democrats always apply when they gain power.......tax and spend
This post was edited on 2/14/26 at 6:42 am
Posted on 2/13/26 at 8:46 am to DownshiftAndFloorIt
quote:
My ole pawpaw said don't keep your money in a 401k, use it to buy land. Somebody's gonna pillage that pile of money one day, and land is one thing that we aren't likely to start printing more of.
Maybe but the only thing that makes that land yours is a government title.
Posted on 2/13/26 at 8:46 am to bhtigerfan
Well this answers the question of "What does a leftist do when they run out of other people's money to steal?"
They simply start stealing the money you don't have yet.
They simply start stealing the money you don't have yet.
Posted on 2/13/26 at 8:48 am to DownshiftAndFloorIt
I’m in the markets some, but I’ve invested in hard assets much more over the years.
My ex-FIL got me into buying guns and leaving them boxed new as part of that strategy. There are a lot of them and watches that have outpaced the markets.
Too bad they all were lost in the boating accident. Dang my luck.
My ex-FIL got me into buying guns and leaving them boxed new as part of that strategy. There are a lot of them and watches that have outpaced the markets.
Too bad they all were lost in the boating accident. Dang my luck.
Posted on 2/13/26 at 8:49 am to McLemore
quote:
If the government wants to pillage your land they can and will. And have and do.
I talk message board smack from time to time, I readily acknowledge that. But, I can unequivocally say that taking my land and house is a hill I will die on. And will take some with me.
Posted on 2/13/26 at 8:49 am to Rankin_File
quote:
Well this answers the question of "What does a leftist do when they run out of other people's money to steal?"
They simply start stealing the money you don't have yet.
Posted on 2/13/26 at 8:50 am to bhtigerfan
facts
Posted on 2/13/26 at 8:53 am to GeorgePaton
quote:
Yep, taxes on unrealized gains followed, huge increase in confiscatory taxes and........confiscation of property.
Property will not be confiscated. If taxes on unrealized gains happens in a capitalist country then it will not take lawyers and accountants long to come up with ways to avoid it. Lawyers and accounts will make more money and the rich will not be terribly affected because they can afford to pay for the lawyers and accounts. The people who cannot afford to pay for the attorneys and accountants every year will be forced to sell to those who can.
quote:
The standard solution that democrats always apply when they gain power.......tax and spend so the rich can get richer and the poor get poorer
FIFY
Posted on 2/13/26 at 8:55 am to Powerman
Property taxes arent terrible in some places out i t he sticks.
They only go sky high when you got people wanting 40k seat high school football stadium.
They only go sky high when you got people wanting 40k seat high school football stadium.
Posted on 2/13/26 at 9:02 am to bhtigerfan
Nutty leftist dems here have proposed the same thing. Unrealized gains and unrealized losses aren't real until they are actually sold at a given point.
Posted on 2/13/26 at 9:03 am to Nado Jenkins83
quote:
Property taxes arent terrible in some places out i t he sticks.
They only go sky high when you got people wanting 40k seat high school football stadium.
Sure. I guess I just don't get what is so financially brilliant about buying a random patch of land in the sticks unless you think you can flip it for a ton in the future.
Posted on 2/13/26 at 9:10 am to WeeWee
quote:
Property will not be confiscated.
If you can’t pay the tax on your unrealized capital gains, how do you think they will get their money? They will seize your property and sell it.
PS- very few of us can absorb having to pay unrealized capital gains taxes at 36% on our properties and retirement funds every year.
This is Agenda 2030- you will own nothing and be happy.
Posted on 2/13/26 at 9:11 am to WeeWee
quote:They do it with houses every year, then your property taxes increase. At least they do in Texas. I purchased at $365k and now pay taxes on $925k.
How can they put a value on something that is unrealized?
Posted on 2/13/26 at 9:12 am to Placekicker
quote:
If you can’t pay the tax on your unrealized capital gains, how do you think they will get their money? They will seize your property and sell it.
Sure. But this doesn't exist in the U.S.
quote:
PS- very few of us can absorb having to pay unrealized capital gains taxes at 36% on our properties and retirement funds every year.
Definitely won't happen in the U.S. with tax protected retirement accounts. Some idiots might propose it but it's a fringe idea that will get no traction at the federal level. I could see CA implementing some state tax for this and driving more people out.
quote:
This is Agenda 2030- you will own nothing and be happy.
We already live in a subscription based economy due largely to big tech and private entities making it so. This has nothing to do with the government or agenda 2030.
Posted on 2/13/26 at 9:14 am to DownshiftAndFloorIt
quote:
Somebody's gonna pillage that pile of money one day
Sadly I do think 401k's and IRA balances will be taxed annually eventually. Bill Clinton floated the idea in the 90's. I assume at first our benevolent government will say "we will tax your 401k balance 1% every December 31st" then they will say we need more money and it will be 2% then 3% etc. Trillions are just sitting there waiting for our government to tax. They want access to it before mandatory withdrawal period.
Posted on 2/13/26 at 9:15 am to ronricks
quote:
Sadly I do think 401k's and IRA balances will be taxed annually eventually.
I don't
Posted on 2/13/26 at 9:17 am to statman34
quote:
This would literally cripple the stock market as an investment tool and no one would be able to invest or make money that way again.
Are you so naive that you don’t understand that that is EXACTLY the goal
Posted on 2/13/26 at 9:17 am to bhtigerfan
And with that, anyone who can move out of the Netherlands will do so.
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