The Netherlands plans to tax unrealised capital gains. Taxing wealth that hasn’t even been realised sets a dangerous precedent. Capital is mobile, and policies like this don’t redistribute wealth, they push it elsewhere. Don’t be surprised if more European countries follow.

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NETHERLANDS HOUSE PASSES 36% TAX ON UNREALIZED GAINS As expected, the Dutch House of Representatives has approved a 36% tax on unrealized capital gains, with only forward loss offsets permitted. The proposal now moves to the Senate, where parties that supported the bill also x.com/BitcoinNewsCom

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