Bit of a crappy day for Bitcoin today. Hopefully the price holds $60,000 or I am going to be quite annoyed. With any luck this is a retest and we’ll bounce soon.
I’ve been looking at tax rules in different parts of the world today. The UK is a shit hole, new extreme left government, dropping hints about capital gains tax increases, wealth taxes etc. With the ever increasing invasion by third world immigrants, I’m not sure I want to bring up my daughter here any more. UAE citizenship via investment is looking more attractive every day.
Is Dubai a citadel-type city it seems to be?
Yet, it is freakishly hot, I surmise, in the A/c absence aka outside.
Basically, there is no outside during summer.
Having spent quite a bit of time in a very "hot" city, I can see the downside of this.
Re taxes-don't for a second think that centimillionaires (>$100mil) would not find some legal go-around..they did when the top marginal income tax in US was 91-92% (1944-1963).
there was a lot of triple tax exempt bonds for a while. but the rich have gotten over for thousands of years. every once in a while they get slaughtered. think of marie “let them eat cake” 🎂 antonette.
but most of the time the rich just stack bigger piles.