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Old 09-04-2020, 02:51 AM
Max Power Max Power is offline
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Kali is about to pass a wealth tax on your global assets so if you are a relatively well-to-do person with a second house in Montana with a cobra registered there with Montana plates, you will have to pay tax on your Montana cobra in exchange for the privilege of being a Kali resident. Things are bad here in Europe and there was a wealth tax in the NL. Hell, I was supposed to pay tax to the govt. based on the theoretical increases ease in the value of my house each year. If I eventually were to sell it for a loss, the govt should have refunded my money at 0% interest. The same was true for any stocks or bonds I held. It also applied to my car but I never declared it. 52% income tax (starting at EUR 62,000) plus 20% sales tax was enough and I didn’t volunteer that I had an expensive classic car on my tax return. FInally got to leave and never looked back.
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