Statlenz @astatlenz - Twitter Profile

🚨 SOUTH KOREA JUST PROPOSED TAXING UNREALIZED GAINS. And this is one of the major reasons behind today's massive selloff in the Korean market, now being called BLACK TUESDAY in Korea. At a forum hosted by South Korea's ruling Democratic Party, lawmakers called for comprehensive taxation that would treat unrealized gains on stocks and real estate as taxable income, even before the asset is ever sold. The ruling party has pushed escalating wealth tax measures throughout 2026, including a February forum proposing to lower the real estate capital gains exemption threshold from 1.2 billion won to 800 million won, and an April push to abolish the long term holding tax deduction entirely. Today is the first time this campaign has explicitly extended to taxing unrealized stock gains. Under current law, investors are taxed only when they sell a stock and realize a profit. Under this proposal, investors could owe tax on paper gains they have not sold or collected, simply for holding a stock that went up in value. The Netherlands tried almost this exact policy four months ago. On February 12, 2026, Dutch lawmakers passed a law taxing unrealized gains on stocks, bonds, and crypto at a flat 36% every year, whether or not anything was sold. The backlash was immediate. A petition against it gathered more than 61,000 signatures, and Shopify CEO Tobi Lutke called it "the dumbest thing any government on planet earth is pursuing right now." Just 13 days after the bill passed, the Dutch finance minister announced the government would scrap the unrealized gains portion entirely, admitting the law "cannot pass as is." This lands directly on a South Korean market that just ran up nearly 95% over the past year, built largely on heavy retail buying with borrowed money. A tax on gains that exist only on paper is a direct threat to the exact rally that created that exposure in the first place.

BullTheoryio's tweet photo. 🚨 SOUTH KOREA JUST PROPOSED TAXING UNREALIZED GAINS.

And this is one of the major reasons behind today's massive selloff in the Korean market, now being called BLACK TUESDAY in Korea.

At a forum hosted by South Korea's ruling Democratic Party, lawmakers called for comprehensive taxation that would treat unrealized gains on stocks and real estate as taxable income, even before the asset is ever sold.

The ruling party has pushed escalating wealth tax measures throughout 2026, including a February forum proposing to lower the real estate capital gains exemption threshold from 1.2 billion won to 800 million won, and an April push to abolish the long term holding tax deduction entirely.

Today is the first time this campaign has explicitly extended to taxing unrealized stock gains.

Under current law, investors are taxed only when they sell a stock and realize a profit.

Under this proposal, investors could owe tax on paper gains they have not sold or collected, simply for holding a stock that went up in value.

The Netherlands tried almost this exact policy four months ago.

On February 12, 2026, Dutch lawmakers passed a law taxing unrealized gains on stocks, bonds, and crypto at a flat 36% every year, whether or not anything was sold.

The backlash was immediate. A petition against it gathered more than 61,000 signatures, and Shopify CEO Tobi Lutke called it "the dumbest thing any government on planet earth is pursuing right now."

Just 13 days after the bill passed, the Dutch finance minister announced the government would scrap the unrealized gains portion entirely, admitting the law "cannot pass as is."

This lands directly on a South Korean market that just ran up nearly 95% over the past year, built largely on heavy retail buying with borrowed money.

A tax on gains that exist only on paper is a direct threat to the exact rally that created that exposure in the first place.

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AStatlenz retweeted

Watcher.Guru

@WatcherGuru

13 days ago

JUST IN: 🇺🇸 Over $1.1 trillion wiped out from US stock market at open.

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Statlenz

@AStatlenz

14 days ago

@Sharylynee Nobody did anything? What a bunch of PAB - Punk Ass Bitches

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Statlenz

@AStatlenz

16 days ago

@pete_rizzo_ It just another monster scam! When Quantum officially goes live "THEY" will swipe chinks of your money and blame hackers! Their is nothing you can do about it. Crypto is useless and a sham!!!

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Statlenz

@AStatlenz

17 days ago

@coinbureau Its a shame!!!

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AStatlenz retweeted

CoinDesk

@CoinDesk

18 days ago

Billionaire @RicardoBSalinas says Mexico's banking sector has standing orders from the central bank to avoid crypto entirely. "We cannot integrate that into our bank, period, end of story."

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Statlenz

@AStatlenz

17 days ago

@CoinDesk @RicardoBSalinas Gee I wonder why? maybe because it's fucken useless and you can't do shit with it!! The only thing you all do with crypto is look at your crypto exchange stats to see if you gained anything! USELESS!!!!

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