Italy

“Due to bitcoin popularity we plan to raise the capital gain tax to 42%”

How can this be legal?

“Due to bitcoin popularity we plan to raise the capital gain tax to 42%”

How can this be legal? https://x.com/bitcoinnewscom/status/1846544517911978436?s=46&t=Xycl0VRHjoxf04tpQIdxLg

a lemon 🍋 building onchain products and communities w/ @builders-garden 🌳 /urbe-eth & /ethrome 🐺

https://limone.lol

Rome, Metropolitan City of Rome Capital, Italy

Happy to see you're thinking bigger picture around this. 
No rule is set in stone, and while this is a jump from where things were previously, it doesn't mean it can't be adjusted lower in the future. Especially if it shows how effective your vision can be towards the local economy. Here are some examples of Italy reducing tax to stimulate growth:

Also good to remember that no rule is set in stone, and taxes have been reduced in Italy before. I mentioned this in response to @limone.eth

serial hacker and builder, now exploring stablecoin payments and onchain commerce 💸 | core @builders-garden /urbe-eth /ethrome 🐺

https://limone.lol

bringing /commerce onchain. protocol engineer. founder @slice @deframe

Also good to remember that no rule is set in stone, and taxes have been reduced in Italy before. I mentioned this in response to @limone.eth 
https://warpcast.com/adam-/0xf2d7b3e2