A new report prepared for the European Commission analyzes taxes on wealth, capital gains, inheritances, gifts, and exit taxes. And although it's not yet legislation, it does point in a very clear direction: Europe needs more money and is starting to look directly at the wealth accumulated by families, homeowners, savers, and investors. In this video, we analyze the 10 most worrying ideas from the executive summary: asset registers, property taxes, inheritances, unrealized capital gains, wealth control, exit taxes, and the narrative of "tax justice" that could be used to justify the next major blow to the homeowner middle class.
The biggest transfer of wealth in history is underway.
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