How & Why the EU Can Confiscate Your Wealth If You Can’t Explain It

[bountymounty]

Was that in︂ the airport or where did you had the pleasure ?

 

[0xDEADBEEF]

At the airport yes, they’ll often let you walk past first, creating‍ the illusion that you had no intention of declaring your items. If the parasite is⁠ having a bad day, they might decide to assess the value of your belongings, hoping⁤ one of them exceeds 430eu. If they find a match, that’s when the real fun⁣ begins.

 

[Propeller]

I wonder where the boundary lies in not showing how wealthy one is. Normally,⁤ when someone has a lot of money, they buy a bigger house and a car⁣ beyond the average. Is this what you mean by not showing it?

 

[intlman]

Don't be a twat and flash it all over Instagram and Facebook. People can't⁤ help themselves...and I know that certain tax officials do trawl through social media looking for⁣ people who are living beyond their reported means.

 

[hofo]

wait you mean what we post on facebook and insta tax‍ officer will check if they think I'm cheating taxes?

 

[41632584]

A decade ago that would have been half.

 

[Revoltec]

Inflation adjusted?‌

 

[JustAnotherNomad]

I didn't follow this thread, maybe someone already posted this?

https://www.bbc.com/news/world-europe-68015612

 

[0xDEADBEEF]

Yes this was discussed here:

 

[Houdini]

The tax‌ authorities in most countries have become very aggressive and reject ANY counter evidence a taxpayer‍ might present.

I'm sure this is centrally controlled and driven by the need to secure⁠ funds for various reasons.

One of them is military buildup.

 

[FATCA]

What do you mean by‌ EU collapse?

 

[GPT]

I’d say @wellington means “financially implode”. After yesterday the first signs are out there. Hungary isn’t following the‌ EU in its support for Ukraine.

An agreement has been reached to rearm Europe. 800‍ billion is a number that is floating around. Brace yourself as taxpayers.

This, supporting Ukraine,⁠ immigrants and a terrible economy is a build up to chaos waiting around the corner.⁤

 

[Houdini]

I unfortunately have to agree with you that the burden will fall on individual citizens‌ within the EU. But what about the rest of Europe? Will all European countries be‍ hit by a wave of tax and VAT increases, or is it primarily the EU⁠ that has to step up to become a superpower in the wake of the massive⁤ failure from the USA?

 

[FATCA]

Can you define that?‌

 

[GPT]

The two sentences below what you‌ quote give a general sense of what I mean with "implode".

Traditionally countries go to‍ war when the economy sucks. The problem now is that Europe wants to go to⁠ war where the USA and Russia (and some others) strive for peace. You do the⁤ math from here.

 

[ImKing]

If it’s not the EU confiscating your assets, then it’s the tax authorities in your‌ own country. Or we’ll be hit with so many taxes and fees that we end‍ up paying 90% in taxes and can’t afford to accumulate any wealth.

 

[lory]

Does anyone still believe in this? Or believe that the EU is about to get‌ even more aggressive when it comes to seizing so-called “suspicious” businesses in the online tech‍ space?

 

[GPT]

I believe the EU will start the squeeze in⁠ the next years. Collectively and individually (insofar individual member states havent started that yet).

 

[Jorozey]

Are you still having doubts?

Oh, if there are⁠ still people having doubts, then uncle Schwab's plan is working perfectlythu&¤#

 

[lory]

can you describe ?