{"id":12066,"date":"2025-06-01T09:20:43","date_gmt":"2025-06-01T16:20:43","guid":{"rendered":"https:\/\/jasonsblog.ddns.net\/?p=12066"},"modified":"2025-06-01T09:21:27","modified_gmt":"2025-06-01T16:21:27","slug":"from-taxation-to-confiscation-europes-wealth-exodus-the-coming-asset-seizure","status":"publish","type":"post","link":"https:\/\/jasonsblog.ddns.net\/index.php\/2025\/06\/01\/from-taxation-to-confiscation-europes-wealth-exodus-the-coming-asset-seizure\/","title":{"rendered":"From Taxation To Confiscation: Europe’s Wealth Exodus & The Coming Asset Seizure"},"content":{"rendered":"\n

An interesting post about Europe, and I’ve talked<\/a> about how they’re eyeing the trillions citizens have in savings as they have pretty enormous debt. When they start talking about wealth taxes and taxes on unrealized gains, it is time to go. Though keep in mind exit taxes, as with the US you must keep paying taxes even if you live outside the US and make all of your money outside the US, unless you give up your US citizenship, but if you do you must pay capital gains taxes as if you sold all of your holdings when you leave (unrealized gains tax and think of the tax bracket penalty). The OCGFC use taxes to enrich themselves as they control governments, but they make sure they insulate themselves with their foundations and other sneaky ways of exempting themselves. <\/p>\n\n\n\n

https:\/\/www.zerohedge.com\/personal-finance\/taxation-confiscation-europes-wealth-exodus-coming-asset-seizure<\/a><\/p>\n\n\n

<\/div><\/div><\/div>\n\n\n

Authored by Chris MacIntosh via InternationalMan.cm,<\/p>\n\n\n\n

Incoming\u2026<\/p>\n\n\n\n

Theft, that is.<\/strong><\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

<\/a><\/p>\n\n\n\n

Consider that the deindustrialisation of the communist union of Europe continues apace and with it the acceleration of the bankruptcy.<\/p>\n\n\n\n

Of course, the blow dried TV robots won\u2019t tell you this, but\u2026<\/p>\n\n\n\n

The next step in this process is asset seizure.<\/p>\n\n\n\n

Remember when they first printed trillions and told us inflation was \u201ctransitory?\u201d<\/p>\n\n\n\n

Now, they\u2019re taxing trillions and telling us taxes are transitory.<\/p>\n\n\n\n

France just announced new tax hikes. Italy is raising capital gain taxes from 26% to 42%. The UK got rid of their \u201cnon-dom\u201d rules essentially destroying tax incentives, and across the rest of Europe it\u2019s plain wealth taxes.<\/p>\n\n\n\n

Norway showed us how this will transpire. The muppets in power there raised wealth taxes to bring an additional $146 million in yearly tax revenue. Instead, individuals worth $54 billion left the country, leading to a loss of $594 million in yearly wealth tax revenue. A net decrease of $448 million.<\/p>\n\n\n\n

Spain just recorded 1,000 fewer high-net-worth taxpayers. It was the first negative millionaire migration for the country since they imposed a wealth tax.<\/p>\n\n\n\n

Thousands of millionaires are leaving while (coincidentally) tax pressure is at all-time highs<\/a>.<\/p>\n\n\n\n

Democracy is a joke. Who for example voted for higher taxes? Nobody of course, but the peasants will get them anyway.<\/p>\n\n\n\n

In the UK, it\u2019s the same story. Millionaires and billionaires are escaping as fast as they can.<\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

Just in 2023, the UK lost around 12,500 high-net-worth individuals (HNWls). Another 9,500 more are expected to have left in 2024.<\/p>\n\n\n\n

The proposed solution? An exit tax for citizens leaving the country.<\/p>\n\n\n\n

Modern feudalism is already here in Europe.<\/p>\n\n\n\n

I don\u2019t want to sound like a broken record, but the next steps are all too obvious. We\u2019ve had inflation, taxation, and next comes confiscation.<\/p>\n\n\n\n

The first steps towards this have been taken. The requirement for all citizens to register all your assets in a central EU register to \u201chelp with financial transparency.\u201d<\/p>\n\n\n\n

Eliminating cash is well underway.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Your bank accounts, shares, cars, real estate, precious metals, works of art, that old bottle of plonk that might be worth a few hundred bucks\u2026 and crypto, of course. Be a good little peasant and register it all to \u201cfight money laundering.\u201d<\/p>\n\n\n\n

They\u2019re going to seize it all. Watch!<\/p>\n\n\n\n

This brings me to Bitcoin\u2026<\/p>\n\n\n\n

I haven\u2019t spoken much about Bitcoin as it\u2019s not in our portfolio. The reason is simple. Buying Bitcoin in your Interactive Brokers account means you\u2019re losing the most critical value component of it: the ability to self custody. Buy Bitcoin and get it off exchanges. They can\u2019t seize Bitcoin you self-custody.<\/p>\n\n\n\n

What will they do instead? Probably revoke your passport, which is another excellent reason to get more than one.<\/p>\n\n\n\n

*  *  *<\/p>\n\n\n\n

As governments tighten the screws\u2014through inflation, taxation, and looming asset registries\u2014the game is changing fast. The old playbook no longer works. What we\u2019re witnessing isn\u2019t just policy\u2014it\u2019s a full-blown clash of systems. If you see the writing on the wall and want to position yourself before the next phase hits, don\u2019t miss our latest special report<\/a>: Clash of the Systems: Thoughts on Investing at a Unique Point in Time. This isn\u2019t business as usual. It\u2019s survival thinking. Click here to read it now.<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

An interesting post about Europe, and I’ve talked about how they’re eyeing the trillions citizens have in savings as they have pretty enormous debt. When they start talking about wealth taxes and taxes on unrealized gains, it is time to go. Though keep in mind exit taxes, as with the US you must keep paying […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-12066","post","type-post","status-publish","format-standard","hentry","category-world"],"blocksy_meta":[],"featured_image_src":null,"author_info":{"display_name":"Jason","author_link":"https:\/\/jasonsblog.ddns.net\/index.php\/author\/jturning\/"},"_links":{"self":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts\/12066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/comments?post=12066"}],"version-history":[{"count":2,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts\/12066\/revisions"}],"predecessor-version":[{"id":12068,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/posts\/12066\/revisions\/12068"}],"wp:attachment":[{"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/media?parent=12066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/categories?post=12066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonsblog.ddns.net\/index.php\/wp-json\/wp\/v2\/tags?post=12066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}