The great (tax) reset

[sriracha]

In my humble opinion, that’s how the great (tax) reset will happen in Europe.

Right now we have oppressive taxation in practically every country of Europe, due to having to keep the Euro and the European Union together. Until now, this stupid game has worked due to the core countries being able to make the European Union work for them, and also them making examples of “rebel” countries like Greece and Cyprus.
Citizens of core countries were kept happy with good salaries and relatively low taxes, but most of all a super strong welfare state.

But things are coming apart now: Germany has lost its privileged access to Russian energy, along with the rest of Europe, and many countries will have to run deficits and/or devalue their currency.

The core countries will have none of that, and will push for restricting the Euro to themselves only, or even one currency per country.

This will cause countries like Italy, Greece and Spain to go back to national currencies and finally find fiscal freedom again.

At that point, we will see which countries will do fiscal harakiri and go full communist and which countries will choose freedom and entrepreneurship.

This will take no more than 5 years from now, with or without an extended version of the Ukraine war in the middle.

 

[wellington]

run deficits and/or devalue their currency.

1) European Union has been doing that since the launch of the EURO.
2) Countries can't debase their currency, only the EU can.

As for country to flee to.

US. (I despise saying it) but the US is one of the only countries that can look inwards and thrive...

Having said that the US is tearing itself a part also.

Caribbean islands adjacent to the US, US for business, island(s) for pleasure/life.

 

[Martin Everson]

I think your more likely to see a EUR CBDC and people enticed to use it by being airdropped their Universal Basic Income (UBI) into their wallets each month which they will spend in the metaverse. The only tax that will exist is a gas fee every time you use your CBDC. EU residents will learn to love UBI and go out and get a netflix subscription and a lease on a new iphone 22.They will sit home all day ordering large doner kebabs and a diet cokes while tweeting to friends about Love Island season 2030. Share idleness will take over the EU with average persons weight ballooning to 250lbs and life expectancy decreasing to 50 solving the pension issue. It will be the reverse renaissance period.

 

[369]

The hardcore taxtion comes beginning of 2024 and it will be about financing damaging caused by the injections.
Secondly there will be no more national currencies.
There will be a world currency implemented by the IMF via SDR's but the countries will keep their local currency name for their SDR's so people get tricked.
EU is history. There will be now core EU and 3 sea union

 

[sriracha]

I think your more likely to see a EUR CBDC and people enticed to use it by being airdropped their Universal Basic Income (UBI) into their wallets each month which they will spend in the metaverse. The only tax that will exist is a gas fee every time you use your CBDC. EU residents will learn to love UBI and go out and get a netflix subscription and a lease on a new iphone 22.They will sit home all day ordering large doner kebabs and a diet cokes while tweeting to friends about Love Island season 2030. Share idleness will take over the EU with average persons weight ballooning to 250lbs and life expectancy decreasing to 50 solving the pension issue. It will be the reverse renaissance period.

Reverse renaissance for sure, people went too far with P**N and video games. Being able to compute a percentage and read above primary school level will put people in the top 10%.

The hardcore taxtion comes beginning of 2024 and it will be about financing damaging caused by the injections.
Secondly there will be no more national currencies.
There will be a world currency implemented by the IMF via SDR's but the countries will keep their local currency name for their SDR's so people get tricked.
EU is history. There will be now core EU and 3 sea union

The powers that be certainly want sdrs, ubi and all that jazz but - does Russia wants that as well?
All the wet dreams of the American deep state have become wet nightmares. Sanctions have actually increased Russia‘s GNP, the BRICS are starting to use their alternative SWIFT system and Saudi Arabia will start selling oil in yuans.
Russia is very far from going bankrupt and losing the war.
Even the Talibans in Afghanistan were able to see that the king is naked, the US is bankrupt, talks the big talk but that’s all it can do.
I am under the impression that the next Portugal might be Saint Petersburg…

So by way of the BRICS becoming more and more powerful, can the west afford to drive its own citizens into a reverse renaissance and fiscal oblivion? I suppose individual countries will break ranks and start disobeying Charles Schwab and his gang, so the idea is that these countries will be the next (fiscal and entrepreneurial) promised land

 

[uplana]

time you use your CBDC

Wonder why no one has discussed this "new" currency implemented by governments worldwide yet?

 

[369]

Reverse renaissance for sure, people went too far with P**N and video games. Being able to compute a percentage and read above primary school level will put people in the top 10%.


The powers that be certainly want sdrs, ubi and all that jazz but - does Russia wants that as well?
All the wet dreams of the American deep state have become wet nightmares. Sanctions have actually increased Russia‘s GNP, the BRICS are starting to use their alternative SWIFT system and Saudi Arabia will start selling oil in yuans.
Russia is very far from going bankrupt and losing the war.
Even the Talibans in Afghanistan were able to see that the king is naked, the US is bankrupt, talks the big talk but that’s all it can do.
I am under the impression that the next Portugal might be Saint Petersburg…

So by way of the BRICS becoming more and more powerful, can the west afford to drive its own citizens into a reverse renaissance and fiscal oblivion? I suppose individual countries will break ranks and start disobeying Charles Schwab and his gang, so the idea is that these countries will be the next (fiscal and entrepreneurial) promised land

Stop sleeping all major countries agreed on the changes back in the 70's .
Why do you think communism went down ?Because they were bankrupt ?Good joke.
It was the transformation from state owned property to private owned property for peanuts to move into commercial law.
Will Russia or China make trouble ?
No they won't .They love the idea and support it 100%.
China is even coworking with USA on testing new total control items produced by CISCO Systems at their country.
Did USA/EU and BRICS had issues before ?

Yes big issues.USA wanted a uni polar monetary system so in the end they would control the whole world via money.
BRICS expecially china didn't agree and never let their market free capital transfers learning from the history of Russia in the early 90's how US/UK damaged them.

There was a long economical battle which the US lost arround 2012-13 and they agreed on a tri polar monetary system with USD ,CNY and Gold being the new world reserve currencies which will be linked to gold.

Wonder why no one has discussed this "new" currency implemented by governments worldwide yet?

There is some news out but not much information i could find currently that there will be 2 diffrent CBDC's one for retailers which are under central banks control and one for hedge funds are not under central banks control

 

[sriracha]

Stop sleeping all major countries agreed on the changes back in the 70's .
Why do you think communism went down ?Because they were bankrupt ?Good joke.
It was the transformation from state owned property to private owned property for peanuts to move into commercial law.
Will Russia or China make trouble ?
No they won't .They love the idea and support it 100%.
China is even coworking with USA on testing new total control items produced by CISCO Systems at their country.
Did USA/EU and BRICS had issues before ?

Yes big issues.USA wanted a uni polar monetary system so in the end they would control the whole world via money.
BRICS expecially china didn't agree and never let their market free capital transfers learning from the history of Russia in the early 90's how US/UK damaged them.

There was a long economical battle which the US lost arround 2012-13 and they agreed on a tri polar monetary system with USD ,CNY and Gold being the new world reserve currencies which will be linked to gold.



There is some news out but not much information i could find currently that there will be 2 diffrent CBDC's one for retailers which are under central banks control and one for hedge funds are not under central banks control

What do you reckon will be the fiscal consequences of this? (The topic of the post)
I agree on the things you say, but I think the split you are talking about (from the monopoly of the petrodollar to the oligopoly of a few supranational currencies) will be impossible to force upon the whole world, fiscally speaking.

After ww2 the US managed to impose their shitcoin to the world as the petrodollar (on which they eventually did debasing, rug pulling etc) but the one thing they did not manage to do was total fiscal control. You could park your money/gold secretly in Switzerland, have an impenetrable trust in the Cayman Islands etc.

What I am saying is that although right now the west and China can have total control over people’s privacy and finances, we are shifting towards a different world order which will have its tax and entrepreneurial havens.

Rome could not conquer the whole world, Hitler couldn’t, Nixon and Brzezinsky couldn’t, Klaus Schwab will not.

 

[369]

The final monetary system they agreed on is a one world currency created by IMF via SDR's linked to gold.
Question is how much gold backed a currency will be.
That's why countries central banks are buying gold as they will get their SDR share based on the physical gold they hold

 

[TheCryptoAnt]

 

[Martin Everson]

Has anyone thought about what automation and future versions of ChatGPT will mean for jobs in EU?

Has anyone thought how the EU tax base will eventually be eroded by automation and A.I?

What are the taxable jobs of the future for average IQ humans in the EU?

Wonder why no one has discussed this "new" currency implemented by governments worldwide yet?

Because it will be to look at ones own enslavement sadly.

 

[369]

Has anyone thought about what automation and future versions of ChatGPT will mean for jobs in EU?

Has anyone thought how the EU tax base will eventually be eroded by automation and A.I?

What are the taxable jobs of the future for average IQ humans in the EU?



Because it will be to look at ones own enslavement sadly.

Robots and AI will be taxed to pay for 85% of peoples UBI .
Starting from 2024 they will put a big one time tax for wealthy people in germany(Please remember in germany you are by law rich when you make 2700 euro per month)
EU wealth register will make that you can't hide your wealth inside the communist EU.
And like i posted before major bank studies back from 2017 are predicting 30-35% unemployment in 2025 and 85% unemployment till 2030 in western countries caused by industry 4.0 .

That's why i'm so hard looking for a steady income source in this enviorement and come to the conclusion that it will be way easier in developing countries which needs to catch up with western countries.
They are also way more decentralized so possibilities there will be way better than in western countries.

Because it will be to look at ones own enslavement sadly.

Based on some info about coming CBDC's there might be a solution to a few people to hold their funds in CBDC's which are not in total control of central banks like CBDC's for retailers.

 

[Mssquirrel]

Starting from 2024 they will put a big one time tax for wealthy people in germany(Please remember in germany you are by law rich when you make 2700 euro per month)

Whaat?

That's why i'm so hard looking for a steady income source in this enviorement and come to the conclusion that it will be way easier in developing countries which needs to catch up with western countries.
They are also way more decentralized so possibilities there will be way better than in western countries.

What developing countries do you have in mind?

 

[polonieth]

Has anyone thought about what automation and future versions of ChatGPT will mean for jobs in EU?

Has anyone thought how the EU tax base will eventually be eroded by automation and A.I?

What are the taxable jobs of the future for average IQ humans in the EU?



Because it will be to look at ones own enslavement sadly.

Imagine those who are mid-way through Masters degrees and PhDs, slaving away for a job they know AI will replace.

 

[TheCryptoAnt]

Has anyone thought about what automation and future versions of ChatGPT will mean for jobs in EU?
Has anyone thought how the EU tax base will eventually be eroded by automation and A.I?
What are the taxable jobs of the future for average IQ humans in the EU?

Get ready for machine output taxation.
Soon on your favorite western nation!

 

[backpacker]

That's why i'm so hard looking for a steady income source in this enviorement and come to the conclusion that it will be way easier in developing countries which needs to catch up with western countries.

Look into Egypt, Philippines, Vietnam.

 

[bismark]

Based on some info about coming CBDC's there might be a solution to a few people to hold their funds in CBDC's which are not in total control of central banks like CBDC's for retailers.

what will be its value of one unit to eur/usd, 1 to 10?, 1 to 100?

 

[Mr Gus]

Has anyone thought about what automation and future versions of ChatGPT will mean for jobs in EU?

Has anyone thought how the EU tax base will eventually be eroded by automation and A.I?

What are the taxable jobs of the future for average IQ humans in the EU?



Because it will be to look at ones own enslavement sadly.

I can't imagine how many times I heard something like this.

First it was machines taking over all jobs, then computers, then robots and now AI, so far the unemployment rate in all developed EU countries is really low.

 

[Jade33]

I think your more likely to see a EUR CBDC and people enticed to use it by being airdropped their Universal Basic Income (UBI) into their wallets each month which they will spend in the metaverse. The only tax that will exist is a gas fee every time you use your CBDC. EU residents will learn to love UBI and go out and get a netflix subscription and a lease on a new iphone 22.They will sit home all day ordering large doner kebabs and a diet cokes while tweeting to friends about Love Island season 2030. Share idleness will take over the EU with average persons weight ballooning to 250lbs and life expectancy decreasing to 50 solving the pension issue. It will be the reverse renaissance period.

You forgot th monthly maintenance shot.
Well it will revive underground markets for discreet good and services