In the heart of Europe, where sausages are plenty and bureaucracy endless, the Left Party and Alliance 90/The Greens have declared war, or at least a spirited debate, on the beloved bitcoin. Their noble crusade aims to put an end to the generous tax-free grace period that lets crypto holders enjoy their gains in peace-without Uncle Sam or Frau Merkel taking a swipe at their wallets. 😊
Apparently, these political champions believe that vast fortunes-roughly €47 billion in the year 2024 alone-are skimmed off the crypto world’s surface, yet left untouched by the taxman’s eager hand. The current rule, a kind of long-term sweetheart deal, grants exemption if you hold your crypto for more than a year, just like gold, rare collectibles, or that vintage teapot inherited from grandma-the gold standard of incentives, or so they say.
The Golden Goose of Tax-Free Profits
In Deutschland, virtual treasures like Bitcoin and Ethereum are regarded not as currency but as private assets-akin to that dusty collection of old postcards or the silver spoon your aunt insists is worth something. 🚀
Selling within a year? Profit is taxable-just like earning a penny from a sidewalk lemonade stand. Holding longer than a year? Ah, then it’s as if the gains are bestowed an invisible cloak of immunity, slipping past the tax collector’s grasp. Notably, this rule also applies to-wait for it-gold and collectibles! Truly an inheritance of wisdom, or perhaps just a clever way to keep the rich richer.
The Green and Leftish Argument
These political entities argue that the antiquated privilege of tax-free crypto holdings is akin to a gilded trap for the unwary-a relic from the old days better forgotten. With fiery rhetoric, they demand that cryptocurrencies, too, should be taxed like stocks. Yes, dear reader, the kind that pays taxes even after a decade of silent holding, under the pretense that long-term investments foster stability-or so they claim.
“Most German crypto holders don’t pay taxes,” declared Isabelle Vandre, a Bundestag member representing the Left, with a tone that suggested she had just uncovered a federal conspiracy. “Only 3 percent of the 7 million crypto users are actually paying what they owe.” Perhaps the rest are simply too busy calculating how many schnitzels they could buy with their gains.
Meanwhile, some members of the SPD nod in silent agreement or perhaps just in confusion, while the far-right AfD opposes what they see as a crackdown on the crypto way of life. The CDU, riding the fence, hesitates-how deliciously complex!
And so, the political theater continues, with laughs, sighs, and maybe a few crypto wallets trembling behind the scenes. Who knows what the future holds? Perhaps a new tax, or perhaps the ghosts of Göring will return to argue for monetary reform. Or better yet, just let the bitcoin dance free! 😄
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2025-11-11 17:23