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But we saved everything 🙂.
Jeroen Blokland comments on the strong reactions received regarding his recent Box 3 post, noting the intensity of public sentiment.
He observes that the discontent is understandable, as a 36 percent tax on nominal returns is considered extremely high. Blokland further argues that a wealth growth tax is a poor idea and disrupts the financial system.
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Blokland has previously introduced the Blokland Sound Money Fund, focusing on physical gold and bitcoin for diversified investment. In an earlier analysis, he discussed reports that gold may have become the largest central bank reserve asset, surpassing U.S. Treasuries. His recent commentary continues a series of engaged discussions on wealth, taxation, and market fundamentals.