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11 sats \ 4 replies \ @freetx 1 Nov \ on: 🇫🇷 2% Wealth Tax on BTC >2m€ Politics_And_Law
The fundamental problem they have is everyone in that class is mobile and can both physically move and hire accountants to move their money for them.
These types of tax plans have a way of just creating "work-for-life" plans for accountants.
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0 sats \ 3 replies \ @Nada OP 1 Nov
That is true. But:
Who’s next in Europe? Should Bitcoiners relocate? If yes, where to go?
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11 sats \ 2 replies \ @freetx 1 Nov
Should Bitcoiners relocate?
The company I do work for once employed and older Jewish guy in their UK office. I noticed he would often talk about his accountants who all seemed to be based outside the UK....I once asked him about this and he said "A jew and his money should never live in the same country"....Which I thought was funny.
The point is these initiatives just force people to shelter their wealth offshore and only remit the portion they need to live on.
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0 sats \ 0 replies \ @Bell_curve 1 Nov
Theodore Herzl must have had bank accounts in Switzerland
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0 sats \ 0 replies \ @Nada OP 1 Nov
Playing these offshore strategies would be very risky where I am from. Tax authorities are and becoming increasingly aggressive.
Play stupid games. Win stupid prizes.
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