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shabda on Jan 10, 2019 | parent | context | favorite | on: The richest families in Florence in 1427 are still...

How is that fair? If in a bad year, your assets lose value, you are still paying a tax, that defies logic to me.

Does NL have capital gains taxes in addition to this asset tax?

cr1895 on Jan 10, 2019 [–]

Personally, I don't find it fair and in the past the 4% assumed gain is absurd.

There is no capital gains tax.

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