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Simon Betschinger wrote, referencing a report from WELT, that the SPD is planning a comprehensive redistribution of wealth in Germany through inheritance tax. According to him, this will exacerbate the wave of bankruptcies and the emigration of entrepreneurs. He accused the SPD of focusing on tax increases and damaging work ethic, diligence, determination, responsibility between generations, and social cohesion. #Steuern #SozialeGerechtigkeit #Wirtschaft (translated)

The enemy of savings books wrote that in the federal budget for 2027, despite record tax revenues, 204 billion euros in new debts are planned. He described this as completely irrational and announced that he would secure his money in stocks, real estate, gold, and Bitcoin. He also warned that the next wave of inflation is already approaching. #Schulden #Inflation #Vermögensschutz (translated)

Michael van der Galien wrote that a pension couple with 80,000 euros in savings currently pays no box 3 tax. If the cabinet's plan goes ahead, the couple would, according to him, exceed the exemption threshold by 18,308 euros starting in 2027. He stated that the tax-free allowance decreases from 59,357 to 30,846 euros per person and that 1.2 million people will thus pay extra box 3 tax. Van der Galien said that even people who have saved their whole lives for the future are affected by this and argued that saving is being punished again. https://t.co/wpItZ2jle0 #Sparen #Belasting #AOW (translated)

Jasmin Kosubek wrote that Prof. Dr. Christoph Juhn said that 80 percent of his clients were preparing to move away. Juhn advises the richest one percent in Germany; according to him, no one has ever contacted him regarding immigration. Kosubek referred to the complete conversation. https://t.co/vHG9cwh2fK https://t.co/vz8oujzYrC #Steuerrecht #Vermögensberatung #Zuwanderung (translated)

Marc Friedrich wrote that France is bankrupt, characterized by unrest, and has a state quota of 57 percent. At the same time, he believes the country needs more and more taxes and sources of revenue. In the finance committee of the National Assembly, an exit tax on cryptocurrencies has been decided: Those leaving the country with more than 800,000 euros in Bitcoin or other cryptocurrencies will have to pay; coins on exchanges will also be affected. Starting from January 1, 2027, exchanging into stablecoins will also be considered a taxable sale. The proposal will go into the budget debate on October 13. Friedrich warned that first money will be devalued, then assets will be taxed that people use to escape from this money, and finally the escape itself will be taxed. He wrote that the planned tax is part of creeping capital controls; France is just the beginning, and Germany is closely watching the development. He described Bitcoin as freedom rather than a speculative object and wrote that the state wants to control it for this reason. He advised diversifying assets and also thinking across different countries and legal systems. #Frankreich #Bitcoin #Steuern (translated)

Furkan Yildirim wrote that the US Treasury could auction fewer long-term government bonds as early as November and possibly discontinue the 20-year term altogether. According to Yildirim, Citigroup expects Secretary of the Treasury Scott Bessent to announce a $3 billion reduction in auctions for 20- and 30-year bonds each on November 4. The financing gap is to be closed with government securities maturing within a year at the latest. The department may also ask large banks next week whether pension funds now prefer bonds from Amazon, Meta, and Alphabet to those of the state. The 20-year bond was reintroduced in 2020 after a 34-year hiatus and now offers nearly 5.7 percent interest, more than any other US maturity. At the end of 2020, its yield was just under 1.5 percent. At the same time, Alphabet, Amazon, Meta, Microsoft, Oracle, and SpaceX had already issued dollar bonds amounting to more than $180 billion in 2026; according to Yildirim, Amazon's bonds extend to 2076. According to asset manager TwentyFour, which Yildirim cited, Japanese investors are now receiving enough interest at home to invest their money there. Citi strategist Jason Williams wrote that pension funds may currently be more inclined than usual to invest in long-term corporate bonds of good quality. However, BNP Paribas strategists doubted that smaller auctions would reduce the government's financing costs. Yildirim also pointed out that the yield on 10-year US bonds serves as a basis for mortgages and many other loans, and Bessent had referred to it as an important measure of his success. With an annual deficit of nearly $2 trillion, the debt burden continues to grow as competition for long-term buyers increases. #Finanzen #Anleihen #Wirtschaft (translated)

The author wrote that after the introduction of a wealth tax, no wave of emigration among the wealthy was to be expected. Small fortunes of people with middle incomes would be completely consumed for care, while large fortunes remained untouched. He described a wealth tax to improve schools as reasonable and fair. #Vermögenssteuer #Bildung #Gerechtigkeit #DE (translated)

The dispute over inheritance tax threatens to destabilize the governing coalition, as polls show that a majority of Germans support a higher taxation of large inheritances, while the SPD wants a comprehensive reform, but the Union prefers only minimal adjustments. #Erbschaftsteuer #Politik #Vermögensverteilung (translated)

The Federal Constitutional Court is once again addressing inheritance tax and is calling for a reform of the existing system in order to adequately consider both the burdens on heirs and the inequalities between different types of assets. #Erbschaftsteuer #Bundesverfassungsgericht #Steuerreform (translated)

We will ban transactions with this shady fake court, cut off its resources, and paralyze its ability to act against us. An hour later, Marco Rubio, the U.S. Secretary of State, threatened to dismantle the court "piece by piece." #InternationaalStrafhof #VSsancties #internationalerechtsorde (translated)

Sparbuchfeinde described the case of a childless deceased brother, whose siblings inherited a paid-off house worth 800,000 euros and 50,000 euros in bank savings. He wrote that an inheritance tax of 249,000 euros would be due; the tax forces the heirs to sell the house instead of keeping it in the family. The tax exemption amounts to 20,000 euros, both among siblings and with strangers. Sparbuchfeinde argued that those who establish such rules see families as an enemy image. #Erbschaftsteuer #Familienpolitik #Finanzen (translated)

A balanced wealth tax is economically better, regardless of whether one desires a higher or lower tax burden, according to Marike Stellinga, who advocates for a tax system that encourages working and entrepreneurship instead of clever tax structures. #belastingstelsel #economischeongelijkheid #vermogenbelasting (translated)

The author of the article wrote that the Trump administration is now also taking action against the International Criminal Court (ICC) following sanctions against individuals. According to him, almost all business with the court is forbidden, its assets are blocked in the US, and its access to the US dollar has been cut off. Additionally, US companies have six months to comply. #Trump #InternationalerStrafgerichtshof #Sanktionen #USA (translated)

RobynHD criticized that the Bundestag had rejected two motions to abolish the tax-free Bitcoin holding period the day before. The Greens had called for cryptocurrency gains to be taxed at the personal income tax rate, regardless of the holding period. A total of 132 representatives voted in favor, while 445 voted against. A motion from the Left Party had also failed. This proposed, among other things, taxation akin to stocks, an exit tax, and a EU-wide trading ban for certain proof-of-work coins. The CDU/CSU, SPD, and AfD rejected the proposals. However, the vote does not mean that the abolition is off the table, RobynHD wrote. The SPD-led Ministry of Finance is working on a reform that is also supposed to end the one-year holding period. Bitcoin purchased from 2027 onwards should be taxed at a basic rate of 26.375 percent; existing holdings would be protected. The cabinet is expected to address the proposal on October 14. RobynHD acknowledged that other legislative proposals had been up for decision during the vote. Nonetheless, from the author's perspective, it is alarming that work continues on the abolition despite the clear rejection. The Union could still prevent the reform, but RobynHD has little hope. #Bitcoin #Krypto #Steuern (translated)

The X-author Klartext from Munich claimed that 288 million euros of German tax money would benefit the gold mines of the mining company Endeavour Mining in Senegal. Its largest shareholder is the asset manager BlackRock, for whose German branch Friedrich Merz had worked. During a recent appearance in the Bundestag, Merz defended development aid, arguing that wealthy countries need to contribute to the stability of other regions, the author wrote. He criticized that while debts are being serviced domestically and roads and bridges decayed, German tax money is being used abroad. He also referred to voices from the opposition that spoke of a misallocation of funds and raised allegations of corruption. https://t.co/YXelzFfb40 #Klöckner #Lanz #Koalition #Dienstwagen #Demokratie #Schröder #Landesverrat #Steuergelder #Entwicklungshilfe #Demokratie (translated)