🚨REMINDER🚨
They are actively planning to steal ALL your wealth through unrealized capital gains taxes, meaning...
Bitcoin in self custody is the only thing you really own in this fiat clown world.🤡
Discussion
i don't think this says what the headline is provoking
"The MRT — which attributes the realized and undistributed income of an American-controlled foreign corporation to the entity’s American shareholders, and then taxes the American shareholders on their portions of that income — does not exceed Congress’s constitutional authority.
Despite not receiving dividends or income from their investment over the years, the Moores paid about $15,000 in taxes on earnings attributed to them as shareholders due to the mandatory repatriation tax (MRT)"
https://www.kiplinger.com/taxes/will-scotus-strike-down-wealth-taxes
property tax is essentially an unrealized capital gains on your US property but it has nothing to do with this court case
scenario: "hi luke this is the authorities of your current citizenship jurisdiction and we know you have purchased bitcoin therefore you will be held here in this cell until you pay the property tax on your holdings even if you hold them yourself "