I find this pretty strange, maybe im wrong but..... its not against the idea/nature of the ETF itself?.

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Mmmmmm when we talk about taxes is not that easy, you need to go very deep down and know everything about you are talking about, is pretty difficult to have a real number about how much fiscal pressure it really its and where. I dont think that 51% is real at all.

You can find for sure other studies saying 40&, 20%, or even 80 % and most of them are all bullshit and made by cherrypicking stats.