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NETHERLANDS CROSSES RUBICON: TIPPING POINT FOR EUROPE (UPDATES)

The tiny EU founding country of the Netherlands has finally done what its elite have been dying to do for ages: taxing the rich. 'The rich' meaning anyone investing in crypto, stocks, bonds or any other assets over €1,800. Starting 2028 they'll be hit with a 36 percent tax on unrealized gains. Since this is a mentality, negative effects won't stop it, nor protests. You can call it Communism, but more precise, this is radical egalitarian fundamentalism. It is no shocker that France, the country of the bloodiest revolution in the post Liberal Enlightenment (link), tried it during the fat years, in 1997. It took them a decade to reverse it. At the root this is an attack on private property, so it won't stop here. The real prize and the ultimate goal is real estate. This revolution starts mentally at the social and cultural level with gender insanity and ends in material economic ruin.


The practical justification for this madness is a deficit of 2 billion dollar (or euros, I'm not sure). Your first reaction might be, well how did that happen? The answer is easy: illegal migration in combination with a welfare state, the black hole called Ukraine and the cost of re-armament after decades of 'peace dividend' during which the Americans picked up the tab. 

But that is not even the point. If the deficit had not been there, this anti democratic minority coalition -- which is another subject in and of itself -- would have found some other justification for this moral collapse. 

For decades the Left has been eyeing the prize of Dutch real estate. There was a time when the country had a more or less functioning 'conservative', Right wing liberal party. But as everywhere around the globe, they betrayed their voters and made an abrupt swing to the Left.

Mark Rutte, the present Secretary General of NATO, as a member of said party and as PM of the Netherlands, presided over a scheme that siphoned off fat, rich Dutch pension funds over to Brussels. No one particularly protested the looting of this private treasure. 

This political process from conservative to liberal happened even earlier with what are considered nominally -- 'Christian Democrat' parties. The lot are presently indistinguishable from each other and exist with only one goal in mind: keeping the national populists out of power!

This policy shows exactly why the new, nationally oriented parties are considered the enemy! The ultimate goal of the exercise is globalist. The classical Left versus Right opposition does not exist anymore. 

The result is not just the destruction of democracy. For the people and the voters it means electoral apathy, because it has become virtually impossible to vote these people out. They will just return in some other capacity or configuration. It's happening all over Europe; lastly in Portugal, I believe. More here.

Alex Armstrong explains why you can't 'tax the rich'.


Investor Paul Dixon digs deeper, looking at this issue on a global scale. 


He writes: "This is not incompetence. This is strategy from a vassalized and subordinated FIC-controlled state. Follow the money". FIC being an acronym for the Financial Industrial Complex.

Libaan Agd explains what happens: "(...) wealth and control shift from individuals to institutional capital, public finances weaken, and domestic debt rises. Follow the money - the path is clear, and the destination is concentration of assets in the hands of large funds" (link).

I doubt if any of the tiny Dutch political parties have any notion what is the ultimate globalist goal. They in turn are but pawns in a global game of chess for power. At least President Trump pushed back, making the looting of homes by Blackrock legally impossible.

By now it is becoming clear that this hits more than just one tiny member state of the EU. Europe is bankrupt and has de-industrialized, as aspirations and illusions of grandiosity persist. 


I think we reached tipping point in a number of key European countries. The mental incontinence starts with social and cultural insanity, but it ultimately reaches the economy. Then the glide into the abyss becomes structural.

Wait till the AI revolution starts hitting the labor markets and Frankfurt starts handing out CBDCs in order to introduce universal basic income. This is just the beginning! 


Updates
The new government of the Netherlands is simultaneously working on a proposal for an exit tax which may come into effect even sooner than 2028, according to which they will charge you taxes for an additional five years after you leave the country.

This leaves no doubt: if you reject slavery, you are the enemy. You're burnt whatever you do. This is not happening in isolation. If the Dutch are working on this, it's happening elsewhere. I'm thinking France and Spain. 

It has now transpired what prompted this madness and it's worse then we realized at first. I initially went for the global coordination and that is still not excluded. There's just too much talk is various countries about exactly these kind of policies.

The Dutch Supreme Court struck down the old highest tax bracket system in 2021. The previous framework assumed a fictional rate of return on your assets and taxed you on profits you never actually made. The court ruled it unconstitutional. That left a €2.3 billion annual hole in the Dutch treasury and no legal way to tax investment returns at all.

So parliament passed the replacement law. Multiple parties that voted for the law publicly said taxing unrealized gains was not their preferred approach. They backed it because the alternative was collecting zero on investment returns indefinitely while refunding €1.2 billion in overpaid taxes from the old illegal system.

It's what you get when the courts rule your country and politicians don't have have brains or the intelligence to solve a math problem! 

But what transpires one day later? It's just brain dead postmodernists running the Netherlands. Do not ascribe to cunning, what can more easily be attributed to stupidity! That'll teach me!

LOL update: This may partly explain this massive stupidity, only it doesn't since she wasn't the one who thought it up. But this DEI hire was to be in charge of the operation. She is not the point. And guess what the country is up in arms about today? Not about the suicidal plan, but about the fact she lied about her title! Not that I'm shocked or anything about any of this..




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