Quote from: apogio on July 17, 2025, 02:37:02 PM

It's not the highest, but it's very high. I think Spain has a very high wealth tax

Let's see:

Quote from: https://www.costaluzlawyers.com/resources/changes-to-spanish-wealth-tax-from-2023/

from €3,000,000 to €5,000,000, the tax rate will be 1,7%
from €5,000,000 to €10,000,000, the tax rate will be 2,1%
from €10,000,000, the tax rate will be 3,5%

Here, the high rates starts at owning just €50,000. That's "wealth", according to government, and needs to be punished. If you'd own €10 million here, you'd have ways to legally get away from paying those taxes. But if you're middle class, you can't.

Quote from: DireWolfM14 on Today at 02:22:58 AM

Attempting to hide money from authorities is nearly impossible
~
Even if you sell bitcoin for cash on the street, what expensive items are you going to buy with it that won't draw attention?

Hiding money is easy, using it is where they get you. That's why a quick Google search shows that global money laundering is between 2 and 5% of global GDP. While honest people are hoping to pay less taxes, criminals want to pay taxes so they can use their money "legally".

Quote

I firmly believe that taxes are theft, pure and simple.

I get why we need taxes, but I don't like how much it went up (over the centuries). Not paying more than 10% tax should be a human right, and I believe 10% should be more than enough for any government to stick to cover the basics. Too much money makes them do many things they shouldn't be doing.
The real theft is in structural inflation, created by central banks. We'd be much better off without it, but the current fiat world is literally based on ever growing debt.