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The Netherlands just introduced a 36% tax on

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unrealized gains. And if you think this is just a Netherlands problem,

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think again. Australia is on the chopping block, then New Zealand,

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then the rest of the world. This is the most aggressive wealth

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tax in modern history. And it's coming for your property, your

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stocks, and especially your digital assets. Labor

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has already tried to introduce this here on your super

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fund, your retirement savings. It's been sidelined for

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now, but they're not done. And when it passes, you'll

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be forced to sell just to pay the tax bill. Now

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in this video, I'm showing you how it works, why

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Australia is next, and the three ways to protect yourself

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before it's too late. All right, let's get the facts straight. I've

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dug into Dutch media like NL Times, IMI

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Daily, Deloitte Reports, and government statements. The

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proposal is the Actual Return in Box 3 Act,

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which passed the House of Representatives on February the 12th,

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2026, just recently, with 93 out of 150 votes.

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It's pending Senate approval, but if it goes through

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and it does look likely, it'll kick on in January 1, 2028. Now,

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what is it exactly? It's a flat 36% tax on

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actual returns from box three assets. Now,

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savings, investments like stocks, bonds, and cryptocurrencies, including

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Bitcoin. But here's the killer. It includes unrealized gains

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every year. So you mark to market your portfolio, value

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it at the year end prices, and then pay 36% on the appreciation. Even

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if you haven't sold a freaking sat, right, even

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though it's not an asset at all. If your Bitcoin bag goes

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to say, 10,000, and they're talking euros on

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paper, you owe 3600 euros in

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tax, and that's cash out of your pocket, no

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sale needed. So it's not just crypto, it's

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stocks, bonds too, but real estate and qualifying startup

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shares get a pass with realized only

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tax, right? So capital gains on the sale, the

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gift, or immigration, or death. So

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there's a small 1,800 euro tax-free annual

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return per person, and losses can be carried forward. But

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here's the uppercut, yeah? No refunds,

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yeah? Now, what does that mean? It means if you were to actually

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pay in that scenario, the 3600 euros

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in tax for that year, but let's just say the next

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financial year, your asset went down in value, and

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you lost, let's say on paper, 20,000 euros. Guess

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what? You can't come back to the tax office and say, well, my

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asset has gone down in value. Can I get that $3,600 tax that I've paid

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back, please? They'd be like, no. So it only works one

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way. It only works in the sense of appreciation, you

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pay the tax. But if your investment goes down, you

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don't get a refund, nor do you pay tax. So the whole

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thing is completely insane. So why

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implement it? the old system tax deemed or

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fictitious returns. Now, assuming a

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fixed yield on your assets, regardless of reality, the

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Supreme Court ruled it unconstitutional multiple times,

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calling it discriminatory because people pay

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tax on these phantom gains during market dips. It

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was bleeding the treasury to the tune of 2.3 billion euros

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a year in refunds and lost revenue. This is

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a rushed bridge solution to plug the hole while

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they figure out a better realized gains system

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later. Now, the government admits it's not ideal. Even

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parties who voted said, yes, we want it replaced by

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2028 or sooner. But the tax authority couldn't implement anything

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else fast enough. So what do they expect to achieve or

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gain? Revenue. That's what they want to achieve. Pure

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and simple. Your money. They want to stabilize finances,

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prevent leakage from the old flawed system, and look like

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they're bringing in this fairer system by taxing actual

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returns. But critics say it'll spark capital

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flight, which is just people moving out of the country as fast

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as possible. Investors dumping assets or fleeing to

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low-tax spots like Portugal or Dubai. Dutch

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media is buzzing with fury. Reddit threads call it

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insane warning about a max exodus. And

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the government's spinning it as temporary. Hey, we're just going to do this temporary. Don't worry

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about it. With exemptions for startups amongst other things. But

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for crypto hodlers, It's a liquidity nightmare.

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You'll be having to do forced sales just to simply pay

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tax. And then guess what? Because you've had to sell the asset to

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pay the tax, it's going to trigger even more tax,

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right? They gain short term cash, but lose long

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term innovation and wealth. And here's the extra tyrannical twist

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just for good measure. The Netherlands has an exit tax.

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Yay! And that kicks in when you leave the

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country. And this new Box 3 regime ties straight into

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it. Under the current and proposed system, immigration

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is a realisation event for capital gains

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tax in Box 3. meaning if you move

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abroad, they treat it as if it's sold and

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you then have to pay tax on the unrealized gains again at

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36%. So for certain assets like stocks and crypto under the growth track, you

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might defer the tax over time, but often it's a lump sum or

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stretch payment. So Dutch tax advisors like

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KPMG, Deloitte and Muirburg warned

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that high net worth folks are already immigrating to avoid

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this. But the exit tax can hit hard, up

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to 36% on unrealized gains at departure. Some

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reports mention a potential five-year clawback or

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monitoring period where if you immigrate and

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later sell assets, the Netherlands could still claim tax

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if ties remain or under a double-tax treaty.

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Now, it's not a strict five-year exit tax like some

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US-style expatriation rules, but the realisation on

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immigration acts as an effective exit levy. And

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the new laws Dual Track keeps the pressure on. If

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you leave after 2028, boom. tax

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on paper profits. Now, advisors say it's pushing people

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to Dubai, Singapore, Portugal, Andorra. It's

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designed to trap you in the system, pay up

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or pay to leave. Now, this whole thing is straight up

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absolute fear tyranny. Taxing unrealized gains

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is theft, punishing you for holding wealth that grows before

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you even benefit, like before you even sell it. It's big

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government saying, We own a cut of your paper profits.

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Pay up or sell. No other country does

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this broadly. Now if you have wealth taxes, but

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annual mark to market on crypto, rare as hen's teeth. Add

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the exit trap and it's prison, stay and

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get clipped yearly. Leave and get clipped on the way out. it

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destroys the huddle ethos. So why stack

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sats if the state raids your bag every single year?

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Forces liquidity crunches, especially in volatile markets.

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You're big up one year, you pay massive tax, then down

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the next. They'll say, too bad, no refund. It's

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control on steroids. Now governments hate

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uncontrolled assets like Bitcoin, so they clip your wings with

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the exit taxes too. Now in a downturn, you're

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doubly screwed. Losses carried forward, but

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you still paid on prior ups. And immigration costs

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a fortune. So tyrannical as hell, right? It

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erodes property rights, incentivizes evasion or exodus.

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If I've got a massive bag of Bitcoin, I borrow against it

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at say 10 to 15%. Who gives a shit, right?

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When Bitcoin's mooning. But this tax forces

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your hand, it destroys sovereignty. Let's crunch the numbers

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on what this does to your Bitcoin stack. So say

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you've got $100,000 AUD in Bitcoin today and

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assuming a conservative 30% CAGR compound

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annual growth rate over the next 20 years. So before tax,

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simple compound growth, right? Future value of your $100,000 would

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be $19 million. Yeah, that's right. $19 freaking

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million. That's the power of holding on to

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Bitcoin. After the Dutch tax, every year, you'd

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pay 36% on the unrealized gains. So it's

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year end value minus the start of year value. Assuming

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you pay the tax from other sources, so this means you don't

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sell your Bitcoin to keep you keep the Bitcoin intact, it

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reduces your effective growth. But in reality, many

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would have to sell portions of their Bitcoin, and this would compound

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the loss. So modeled annually, you start

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with, say, $100,000. Year one grows 30% to $130,000. Your gain is $30,000. Now tax is 36%, which equals $10,800 owed, paid

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externally, like from your other sources of income. Year two, starts

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at $130,000, no reduction since you paid

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externally, right? So you're still holding that Bitcoin. It grows then

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to $169,000. It was a $39,000 gain.

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The tax, $14,000 that you've now got to

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find from somewhere and so on and so forth. Now over 20 years

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without selling any Bitcoin, you'd still end up with $19 million

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because accumulated over time. But you've

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paid out millions in tax along the way. The

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total tax paid, ready? On this criminal

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unrealized capital gains tax, you'd pay $6.8 million,

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right? So that's all the taxes added up over that 20-year period

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that you would owe the tax office. And you hadn't sold any Bitcoin. But

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if you have to sell Bitcoin each and every year, what

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does that look like? I'm telling you, it's brutal, right? It

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reduces the principle of your Bitcoin over time. Let's

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say you sell just enough. Each year after growth, you

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sell a portion to cover the tax at the current price, right?

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So effective growth drops significantly and you end

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up with only, this is so bad, $3.5 million.

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Yep, you heard it, slashed by over 80%. It's

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absolute destruction. Now, luckily, not

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just for Norwegians, but also for us Aussies, there

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is a way that once you own Bitcoin, you don't have to sell it

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to access liquidity. You can borrow against your Bitcoin without

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ever selling it. You keep 100% of the upside, you avoid

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capital gains tax here in Australia, and you get cash to

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use however you want. I know it sounds too good to be true, but

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I've personally used this tool to keep my stack working for

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me without selling. It's through a platform called Ledin.

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Now, if that sounds of interest to you, I've got a link in the description below,

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so go and check it out. Okay, so back to it. Is

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this a trend? Absolutely. Radical

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socialists or left-leaning governments are eyeing unrealized

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gains taxes to fund their spending sprees and redistribute

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the wealth. It's envy politics at its best. Punish

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the savers to feed the beast. Now examples, in

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the US, Biden's 2023 budget proposed a

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25% tax minimum on unrealized gains for

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billionaires, which is over, they classified as

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over $100 million in assets, right? It didn't pass, but

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the Dems absolutely love it. Colombia has

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a wealth tax that includes unrealized elements on net

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assets. Spain's solidarity tax on

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wealth, I just love that one, solidarity tax. They

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have a tax on this wealth over 3 million euros and

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it factors in unrealized valuations. Norway

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taxes wealth with mark-to-market on shares. Even

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the EU's pushing for harmonized wealth taxes.

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Socialists see cryptos rise and want their cut before you

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escape fiat. Why? Control dependency, fund

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green scams, welfare bloat, right? If

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you're stacking sats, this trend's an absolute red flag.

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Bitcoin's borderless, but taxes aren't. So

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guys, closer to home, the Australian Labor government

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tried this rubbish with Division 296 on

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your super, which is taxing unrealized gains over $3 million

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balances and an extra 15%. They backflipped

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after backlash. They scrapped this unrealized gain portion, delayed

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to a 2026, tiered rates, but if they

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had their way, They'd roll this out to

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assets outside Super 2. This is in their

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DNA. They hate people accumulating wealth.

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Chalmers and Albanese love fairness spin,

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and it's raiding your bag, right? Remember, they even brought

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this tax in on unrealized gains on Super, and guess

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who was exempt? The politicians, the bureaucrats, they

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were exempt. They love it for other people, but they

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hate it for themselves. Remember, they pressured

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super funds for green housing investments. Next

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step, unrealized tax on crypto property

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gains. If I've moved my super, to

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SMSF and all in on Bitcoin, this would have absolutely nuked

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it. It's absolute garbage. This was the catalyst for

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me even contemplating moving out of Australia. And that's why I've already

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gone down the path of obtaining a Plan B citizenship

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to get out of the tax grab that we're heading into

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under this government. But you know what? We actually do

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have a form of unrealized tax in Australia. It's

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called land tax, and all states in Australia have

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it, except for the Northern Territory. Now, it's an unimproved land

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tax value. It's basically just purely a

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tax on land. And you pay this every single year, even

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if you haven't sold the land. It is absolutely a regressive unjust

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tax. You may have heard about the recent Socialist Republic

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of Victoria land tax hikes, right? Some government employee

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just walks in and says, your land is worth hundreds

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of thousands of dollars more because of a rezoning. And

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instantly, you now have to pay tens of thousands of

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dollars, if not more, to Victoria's state coffers.

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It's a total basket case. Don't even get me started

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on the CFMEU corruption going on down there. We're talking billions

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and billions of dollars that are being siphoned under

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this big, big time corruption that is happening right now,

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not just in Victoria, it's happening right across Australia. So why does

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Labor hate its citizens? I hear you ask. I'm asking the

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same question all the time. Why would they do this? These socialist

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grubs are driven by pure envy and control freakery.

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They despise anyone getting ahead without big government's permission.

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Hard workers stacking sats or properties, they're the enemy, right?

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They want you to be dependent on handouts, voting for more

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welfare slush. It's absolutely class warfare. tax

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the rich, anyone with super over $3 million, right, to

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fund union mates and green pipe dreams. Albanese's

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mob cozies up with the bikies and the CFMEU scandals while

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raiding your retirement. I mean, that's absolute hate

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in the definition. They print fiat like mad, inflate away

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savings, then tax unrealized to fix the

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mess they made. And sovereign wealth? Nah. They

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want you poor and compliant. And the Greens, even worse.

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These eco-fascists would have you own nothing and

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be happy straight out of the WEF playbook. Ban

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and co. push wealth taxes, rent caps that

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crush supply, migration floods, jacking costs.

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Now if Greens ran the show, Bitcoin would be banned. They're

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control addicts hating freedom. Vote them in.

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Kiss sovereignty goodbye. You cannot vote for these socialists.

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We've torched the Dutch unrealized tax nightmare, the

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exit tax trap, its tyrannical grab, and

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the Bitcoin destruction example. Global socialist

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trends, Labor's sneaky push here, and why they

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hate us. This is the fiat endgame.

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Control your wealth before you use it. So to

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wrap, we must avoid such taxes at

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all costs, ensure Labor and the Greens are never

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ever elected, and vote for sovereignty parties just

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like One Nation who back crypto freedom. And

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I get it, I hate to say this, but you really need a

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plan B passport like immediately, like yesterday. Golden

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visa in Portugal, citizenship in Paraguay or Vanuatu. If

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these things get bad here, escape with your Bitcoin

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wealth intact. Self-custody borderless. Guys,

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you can see I'm absolutely passionate about these topics. I hate

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the fact that we Australians are

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just absolutely getting screwed. If you want to join me and talk more

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about this, but also find the solutions to get around the

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tax grabs and look at Plan Bs and sovereignty

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outside of Australia, come and join me free at the Crypto Collective.

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It's my online community. Come and join in the conversations there

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about the tips, tricks and strategies that I'm even personally implementing

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into my own life. Now leave some comments below. Tell me,

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do you love Labor's taxes or are you actually already

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looking at plan B's to escape out of Australia's tyrannical

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government and tax system? All right. Look forward to seeing you on the next episode. Take

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care. Hey, thanks for tuning into Crypto Collective. If you enjoyed this video,

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the best way to show your support is to subscribe to the channel, or

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if you're listening on Spotify, leave a five-star review. It really helps

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me to create more content just for you. Also,

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if you're ready to level up your crypto journey, make sure to check

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out CoinStash. It's the platform that I trust to buy,

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sell, and hold crypto with ease. You can also find more

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of me at I'm Matthew Fraser on all social