The Dutch government is destroying long term compounding by introducing a 36% tax on unrealized gains.
As a Dutch citizen and long term investor, I’m at a loss for words about the lack of vision behind this new tax. I normally don’t post anything politically related, but what our government is planning to do is disastrous for long term investors.
This is the sad truth.
Most people here start investing to protect themselves against inflation and ever rising pension ages. They’re trying to put hard earned money to work, hoping they can retire before the age of 71. And they had a real shot at that before this bill.
If you started at 25 with €10,000 and contributed €1,000 every month, you could compound to €3,320,000 over 40 years. If you lived prudently, you could retire early and live off it for the rest of your life.
With the new capital tax? After 40 years of compounding, you’d end up at €1,885,000. That’s a €1,435,000 difference.
This tax denies generations the chance of early retirement, punishes those who take risks, and introduces severe liquidity issues for people who have been compounding successfully for years. And to what end? To fill a €2.4 billion tax hole.
I’m beyond words.
If you’re Dutch like me, please share this visual with fellow investors to increase awareness.
Hopefully we can make our politicians understand the severity of this tax, and the breadth and depth of its destructive implications.
~ Jan
when you start from zero, you learn the truth about belief.
the first photo is 4 years ago when we had 2 listeners on spaces. we were nobodies. no one wanted to see us win. they told us it was impossible. they waited (and rooted) for us to fail.
but you can’t beg people to see the vision. you just have to build up the people standing next to you. you have to inspire them to keep going no matter what. and that’s exactly what we did.
now the people who doubted us are nowhere to be found. we are the biggest community on X. a global brand that has changed the world for the better. a group that has pushed each other to be the best versions of ourselves. we didn’t just prove the doubters wrong. we proved the believers right.
happy 2nd birthday to the Doginal Dogs.
we keep going. we keep winning.
today and forever.
woof woof.
Do not sign any crypto transactions right now.
There is a major attack spreading through crypto ecosystem that can change the addresses you’re sending to.
Hackers are secretly rerouting funds to their wallet instead of your destination.
Will update when more news drops.
@Aquabot_io So many teams promoted this project.
Wonder why 21.77K SOL ($4.65M) raised was split up four ways and laundered away via multiple instant exchanges a few hours ago.
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