Unrealised capital gains is best understood as SPECULATIVE TAXATION
It entirely breaks the compact between citizen and state
Expect consequences 🤷♂️
nostr:note1n5feqtv6nd4lvcrufnjvpdzaer2lv7cf07v38th6zlkzpt0w3e6qcej3vk
Unrealised capital gains is best understood as SPECULATIVE TAXATION
It entirely breaks the compact between citizen and state
Expect consequences 🤷♂️
nostr:note1n5feqtv6nd4lvcrufnjvpdzaer2lv7cf07v38th6zlkzpt0w3e6qcej3vk
Imagine if they actually try and do this 🤣🤣🤣
Capital gains tax itself is a complete scam, which is why I refuse to live in any country that has it, but unrealised capital gains!? This kind of thing is how you end up in a famine.