Imagine Paying Taxes on Money You Never Received

Gareth Jenkinson explains a proposed unrealized capital gains tax in the Netherlands that would tax paper profits at 36% annually, forcing investors to potentially sell assets to cover tax bills and eroding long-term savings through compounding and timing issues. - Netherlands discussing a 36% unrealized capital gains tax. - Tax applies annually on paper gains, even without sale. - Investors may be forced to sell assets to pay the tax. - Compounding and timing issues could harm long-term savings. - No investment recommendations given; pure policy explainer.