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2026-02-13 Europe
Netherlands House Passes 36% Tax On Unrealized Gains
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Posted by DooDahMan 2026-02-13 08:23|| E-Mail|| Front Page|| [1795 views ]  Top

1 The economic suicide of Europe continues.
Posted by DooDahMan 2026-02-13 08:26||   2026-02-13 08:26|| Front Page Top

2 Euros need to stop studying California ideas
Posted by Mercutio 2026-02-13 09:03||   2026-02-13 09:03|| Front Page Top

3 Recall that famous native American Elizabeth Warren floated the idea of an unrealized gain tax a year or two ago.
Posted by DooDahMan 2026-02-13 09:12||   2026-02-13 09:12|| Front Page Top

4 And in a sense, so did a New York Judge when deciding property values based upon what the unpaid tax amount would be.

Dutch Rudders: Here's your tax on unrealized gains, Heineken.

Heineken: this is outrageous! We lost so much money last year we let go 8,000 employees!

Dutch Rudders: It is not our fault you did not earn enough money to pay the taxes of the money you should have earned.
Posted by swksvolFF 2026-02-13 09:35||   2026-02-13 09:35|| Front Page Top

5 "You'll own nothing and you'll be happy" (alternatively "You'll own nothing and be happy") is a phrase published by the World Economic Forum (WEF)[1] and based on a 2016 essay by the Danish politician Ida Auken about a future in which a hypothetical person relies on the sharing economy for many of their needs.[2] The phrase from the article "Welcome to 2030", and the philosophies expressed within it, have been used by critics who accuse the WEF of desiring restrictions on ownership of personal property. Wiki
Posted by Besoeker 2026-02-13 10:11||   2026-02-13 10:11|| Front Page Top

6 These guys might be moving on.

They all carry very large 'unrealized gains'.
Posted by Mullah Richard 2026-02-13 10:21||   2026-02-13 10:21|| Front Page Top

7 I share nothing and I'm happy.
Posted by Skidmark 2026-02-13 10:21||   2026-02-13 10:21|| Front Page Top

8 When you are running out of other people's money
Posted by DarthVader 2026-02-13 10:41||   2026-02-13 10:41|| Front Page Top

9 SKID nails it at #7.
Posted by Besoeker 2026-02-13 11:00||   2026-02-13 11:00|| Front Page Top

10 Scheduled to become effective in 2028.

Assuming it becomes law it allows for some amendments or postponing.

Unfortunately, California goes the other way and if their Nov 2026 referendum passes, it becomes retroactive to 1 Jan 2026.
Posted by Lord Garth 2026-02-13 12:01||   2026-02-13 12:01|| Front Page Top

11 Retroactive, too? Will that survive the massive lawsuits all those very rich Progressives will file in order to keep their money, Lord Garth? What is the U.S. Supreme Court likely to think about it?
Posted by trailing wife 2026-02-13 15:05||   2026-02-13 15:05|| Front Page Top

12 ^
unlike criminal law, tax law does do retroactive but almost always it is a tax cut

the people who end up paying would likely be exempt from any under withholding penalty

in any event the tax due wouldn't be until Apr 2027

given that the exodus of billionaires is on going, I'm not sure how partial residency would work for the unrealized gain tax

I would expect that every single billionaire who would stay in California is taking steps to contest whatever assessment the State makes both on the constitutionality of taxing unrealized gains and the way such is computed
Posted by Lord Garth 2026-02-13 15:31||   2026-02-13 15:31|| Front Page Top

13 First they came for the Billionaires
and I said nothing
Then they came for the Millionaires
and I said nothing
......
We know how this goes
Posted by Procopius2k 2026-02-13 17:31||   2026-02-13 17:31|| Front Page Top

14 Unexplored is who/how/unconstitutional are the value evaluations of unrealized gains?

If you value my artwork (*Hunter*) at $200,000 for current taxation and it's a watercolor a 4yr old could've painted finally sold for $10, is that a deduction?
Posted by Frank G 2026-02-13 18:33||   2026-02-13 18:33|| Front Page Top

15 We’ll be getting boat people from Aruba. The boats will look like yachts.
Posted by Super Hose 2026-02-13 19:36||   2026-02-13 19:36|| Front Page Top

16 Coming up next: taxing unrealized income
Posted by Anguper Hupomosing9418 2026-02-13 23:26||   2026-02-13 23:26|| Front Page Top

23:26 Anguper Hupomosing9418
23:18 Skidmark
23:06 Skidmark
23:00 Knuckles Grundy1702
22:30 Skidmark
22:25 Bubba Angarong3043
20:24 Frank G
20:14 Jairong+Scourge+of+the+Gepids2435
20:14 badanov
20:14 Jairong+Scourge+of+the+Gepids2435
20:12 Jairong+Scourge+of+the+Gepids2435
19:51 Super Hose
19:46 trailing wife
19:45 Super Hose
19:45 SteveS
19:36 Super Hose
19:31 Super Hose
19:29 Super Hose
19:28 Jairong+Scourge+of+the+Gepids2435
19:25 Super Hose
19:18 trailing wife
19:08 Frank G
19:05 Jairong+Scourge+of+the+Gepids2435
19:04 Frank G
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