Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I'm not telling here is big taxes good or not itself, just should admit that narrative about "high taxes - good roads, healthcare courts" not right. There many places in the world with high taxes and low life. And for example, Switzerland has something like 25 % (upper limit which depends from canton to canton) income tax in the same time, France has (if i remember correctly) something like 40 %. And i think it's obvious where is better to live.
But my above replica was not about that.
Do you have a reputable source for your claim about rising taxes on property?
Just my observation. Look around yourself. Many young people are leftists, "eat rich" and so on. And if they don't want to endure such people as Jeff Bezos (who get his money from his hard work) they will not tolerate bitcoin millionaires for sure. And governments will use this intolerance for their own needs. I can be wrong, but it looks like that now.
then move to The Netherlands
Even if bitcoin will hit one million, i will never live in a country where guns are prohibited
Well I do see a strong correlation between taxes and public services. As you have to pay taxes to pay for public services. Low taxes simply mean worse public services, and then you'll have to pay privately for those services. Which means your income before taxes is higher, but after you pay your medical bills etc might not look so good.
I do observe and look around and i do not have to pay 50-60% on my wealth. I do not have to pay income tax on my holdings, just 1-3%.
Good news for you: guns are not prohibited here. You can have guns and shoot them.