BREAKING: Germany - Already Known for Its Expansive Social System - Now Preparing a 5% Social Levy Tax on Capital Income on top of their 25% capital gains tax. 🇩🇪
Bro, selling their #Bitcoin stash for cheap broke this country.
Discussion
Proposed in January 25, now discussed in the parliament: https://www.finanzwelt.de/post/sozialabgaben-auf-kapitalertraege-im-gespraech
Separate the state and money, and the problem is solved.🤷🏽♂️
Good thing is, if you hold your bitcoin for at least a year in Germany u don’t have to pay taxes on gains. Lets see how long this will last 😅
Yea, that’s the next piece Germany will cut for sure.
Well, that and a guy with a funny mustache. I laugh but our dictator, I mean president, is on his way to sending the US down the drain as well.