DEVELOPING: 🇫🇷 France just declared war on savers.
A new bill would hit “unproductive wealth” including Bitcoin, art, homes, jewelry with a 1% annual tax, even if you don’t sell.

DEVELOPING: 🇫🇷 France just declared war on savers.
A new bill would hit “unproductive wealth” including Bitcoin, art, homes, jewelry with a 1% annual tax, even if you don’t sell.

Fuckers.
I got five sats on "French protestors took to the streets" headlines incoming.
Something like a negative interest rate, instead of paying you, savers have to pay... 🤣
Oh no. Don't show it to president Lula 🇧🇷

Looks a lot like theft to me
It is theft indeed
Now it’s not only to move your assets, now they need to tax you for holding the assets. No matter what, they want their portion
If only there was an asset that they couldn’t take from you!!!!!?
Socialism is the worst.
It breeds entitled and lazy individuals.