Is it offset against the tax allowance or not?
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•@ScorpionfromBW Nevertheless, it is ultimately a tax on unrealized gains
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•@TaxesAreTheft Sure, I know that too. But today I found out how taxes are levied in Austria. And we're still in good hands in Germany
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•@ScorpionfromBW Unfortunately, that is little consolation
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@TaxesAreTheft And is fully offset as already taxed profits when sold. So there are few problems and you save the tax burden for later.
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•@Staatsmann It's just stupid if you never plan to sell your ETFs later. In good times they fill their pockets and when things don't go so well they say it's my risk.
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•@TaxesAreTheft "Never sell", so you want to bequeath it?
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•@Staatsmann absolutely. Or as collateral for a loan.
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