The Netherlands just screwed investors.

The Netherlands advanced a 36% tax on savings, equities, and crypto, including unrealized gains.
You can now be taxed on profits you haven’t taken.
Markets rise, you owe tax.
Markets crash, you still carried the risk.
That forces investors to sell assets just to pay the state.
It punishes long-term capital.
Distorts price discovery.
Signals hostility to wealth creation.
Capital is mobile.
When policy turns aggressive, money leaves.