Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Exactly, the higher the taxes, the more avoidance. Also, a wealth taxes is outright confiscation and is against everything free democratic societies stand for. I don't know where you live but I'm guessing there are not a lot of rich people there.
Welcome to The Netherlands 
It has it's benefits though: if your investment goes from almost nothing to a lot in a short amount of time, you barely pay any taxes on those gains.
But if it's the other way around, you still pay taxes.
The Netherlands has been f*cked over for decades, I used to live there.
The same car I bought in the UK in 2016 new for £28,000 would have cost €90,000 at the time. BPM, emission tax, whatever else nonsense they could come up with and there is the road taxation based on car weight. They literally sold 4 of those cars. No idea how that foreign brand can stay afloat doing business with its small operation in The Netherlands.
When I saw pictures of an imbecile dancing on a table because of a gain in the election whilst businesses are still forced to close DuE tO A dAnGeRoUs pAnDeMiC and the no confidence stuff of trying to get rid of Pinocchio Mark Rutte straight after an election, debating till 2am whilst there is curfew for ordinary citizens but he just stays in the end anyway I almost had to vomit.
Also the tax system is incredibly complex with its mortgage subtraction stuff.
People are insane to constantly vote for the same 50% tax supporting imbeciles.
The country and its people are lovely but I cannot afford to live there with the lifestyle and freedom of car transport (have owned 2-3 cars at various times, nicely kept - garaged and used on different days) that I can have in the UK.
Taxes are higher here yes, but in return we have a much better infrastructure than the UK, it is a good deal to me.
Energy transition is not a free lunch.
We also have one of the best tapwater that also cost money which i believe is also a good deal.
There are more but my point is all those higher taxes invested results that our country is ranked high at global indexes in tems of happiness, infrastucture, education, children, quality of life.
Moral of the story; the grass is not always greener on the other side.