Today we talk about Italian government raising capital gain tax on #Bitcoin from 26% to 42%
#my2sats First of all take into account that this is not final, since Italian politicians:1- tend to make grand declarations to get people talking about them, expecially the populist kind2- since they are not very prepared, expecially in Economics, they make declarations to test the waters and gather feedbacks, before taking a final decision
If they go through with it, however, please note that Italians that invest through financial instruments (like Bitcoin ETP or funds) will be unaffected; the others probably will be encouraged to evade, avoid or relocate to other countries.
As an Italian, I'm very sorry to see my country always fighting innovation and increasingly entangled in a spiral of self-imposed decline.
damiano / Damiano
npub158…ztzvy
2024-10-17 16:23:32
Author Public Key
npub158gp9f3w95m3st0qexpuw46npms2mj5rqjwhdf2uwlu7hr0z34lqgztzvyPublished at
2024-10-17 16:23:32Event JSON
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"content": "Today we talk about Italian government raising capital gain tax on #Bitcoin from 26% to 42%\n#my2sats First of all take into account that this is not final, since Italian politicians:1- tend to make grand declarations to get people talking about them, expecially the populist kind2- since they are not very prepared, expecially in Economics, they make declarations to test the waters and gather feedbacks, before taking a final decision\nIf they go through with it, however, please note that Italians that invest through financial instruments (like Bitcoin ETP or funds) will be unaffected; the others probably will be encouraged to evade, avoid or relocate to other countries.\nAs an Italian, I'm very sorry to see my country always fighting innovation and increasingly entangled in a spiral of self-imposed decline.",
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