LogicallyMinded on Nostr: First they came for those who had €800,000 in #crypto, and I did not speak out- ...

First they came for those who had €800,000 in #crypto, and I did not speak out- because I didn’t have €800,000 in crypto.

Then they came for those who had €80,000 in crypto, and I did not speak out- because I didn’t have €80,000 in crypto.

Then they came for those who had €8,000 in crypto, and I did not speak out- because I didn’t have €8,000 in crypto.

Then they never came for me- because I only had #Monero

quoting note1h89…ru7e

France advances a proposal to impose an 'unproductive' unrealized capital gains tax on cryptocurrency holdings exceeding €800,000

The French Senate is set to transform the Real Estate Wealth Tax into the 'Unproductive Wealth Tax,' which now includes a progressive unrealized gains tax on digital asset holdings, ranging from 0.5% to 1.5%, even if the assets remain unsold. The proposal also includes provisions to increase the capital gains tax from 30% to up to 37.2% in certain cases. It is currently awaiting a vote in the National Assembly.

Source: https://www.senat.fr/leg/tas24-039.html