Can you believe the nation that invented the stock exchange in 1602 is now about to tax money you haven't made yet?
We’re officially in a Schrödinger’s cat economy.
Your profits exist and don't exist at the same time. At least the cat had 50% chance of being alive.
But your unrealized gains? You're up, you hold, it crashes - haha too bad, tax was already charged.
Congrats, you now have a loss on top of a loss. Double dead cat.
Scientists: "you can't observe the outcome without opening the box"
Dutch government: "what if we just taxed both outcomes and let the peasants figure it out” 🤡
and the best part? the rest of the EU is watching. France is broke. Germany is broke. Italy is broke.
They just got a proof of concept. give it 5 years and europe will speedrun civilization backwards.
1602: invent stock exchanges
2028: tax imaginary money
2035: ban speculation entirely
2040: back to trading carrots for apples
renaissance → enlightenment → industrial revolution → taxing imagination → bartering turnips
400 years of financial evolution.
Haha fuck you, ctrl+z.
at least in the ancient world they only taxed real grain.
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Be me, Dutch investor
Netherlands approved 36% unrealized gains tax
WTF does that even mean
Put $1,000 into stocks
Year 1:
• Stock goes to $2,000
• Government: "you made $1,000, pay $360 cash tax"
• MFW I didn't sell anything
• Forced to sell shares to pay
• Everyone else forced to sell too
• Mass panic selling
• Stock crashes to $800
• I have $440 left after paying tax
Year 2:
• Stock recovers to $1,200
• Government: "you made $400, pay $144"
• Forced selling again
• Price drops to $900
• I have $756 left
Year 3:
• Stock at $1,000
• Government: "you made $100, pay $36"
• Smart money has fled Netherlands
• I have $964 in stock
• MFW I paid $540 in taxes
• MFW stock is back where it started (0% gain)
• MFW I only have $460 left
• Lost 54% on a stock that broke even
MFW the government made more money off my investment than I did
Government: "Thanks for the $540! 😊"
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