A deceased childless businesswoman inherits a house in Düsseldorf from her sister. Value: €1,000,000 Inheritance tax: €245,125 To pay the tax, the sister must sell the house. The sale entails the purchaser paying a real estate transfer tax of €65,000. This brings the total tax payable to €310,125. This applies to a house purchased with fully taxable funds and for which real estate tax was paid annually.

Any debate between #core30 and #bip110 is pointless because they lack common fundamental concepts and principles. The words are similar, but the content is different. Fortunately, there is a reality that doesn't depend on our intellectual acrobatics. It will decide everything. #bitcoin

- You: "What happens if my bank collapses?" - Government: "Bail-ins are the new policy." - You: "What's a bail-in?" - Government: "Depositors help rescue the bank." - You: "With what?" - Government: "Their deposits." - You: "You'd take MY money to save the bank that lost it?" - Government: "Ask Cyprus how it works."

Black Rock and Wallstreet funding developers = Yay! The FBI director giving a speech at the #Bitcoin Conference while a developer is in jail = Whatever. Your node doesn't matter = Neutrality. Bitcoin is not money, use STRC as credit = Free money glitch. Spam (introduced by Taproot) is necessary to keep Bitcoin secure = Say no to censorship. Stablecoins being mentioned more than Bitcoin itself at Bitcoin conferences = Bullish adoption. Treasury companies extracting billions using Bitcoin as a narrative = Institutions will pump my bags, whatever. Are you awake yet, Bitcoiner?

- You: "My bank made record profits this year." - #Bank: "Great news!" - You: "During a cost of living crisis?" - Bank: "High interest rates are good for banks." - You: "The rates that doubled my mortgage?" - Bank: "Those, yes." - You: "So my crisis is your record quarter?" - Bank: "We value you as a customer."

- You: "My costs went up 15%." - #Government: "Inflation is only 3%." - You: "Rent, food, power. All up 15%." - Government: "We don't weight those heavily." - You: "What do you weight?" - Government: "Flatscreen TVs got cheaper." - You: "I can't eat a flatscreen." - Government: "You're not an economist." #money #economy

- You: "I'd like to withdraw my money." - Bank: "Why? That's suspicious." - You: "It's MY money." - Bank: "Large withdrawals must be reported." - You: "So I can't freely use my own money?" - Bank: "It's for your protection." - You: "Protection from what?" - Bank: "From having your own money."

- You: "My stocks went up 10%." - Government: "Congratulations! That's taxable." - You: "But inflation was 8%. I only really gained 2%." - Government: "We tax the full 10%." - You: "You tax the inflation you created?" - Government: "Capital gains are capital gains." - You: "So you profit from debasing my money twice?" - Government: "You're not an economist."

- You: "I paid off my house." - Government: "Congratulations!" - You: "So I own it now?" - Government: "As long as you pay property tax." - You: "And if I stop?" - Government: "We take the house." - You: "So I'm renting... from you... forever?" - Government: "You're not an economist."

- You: "I missed one mortgage payment." - Bank: "Late fee. Credit score destroyed." - You: "What happens if YOU run out of money?" - Bank: "The government saves us." - You: "With what money?" - Bank: "Yours." - You: "So I bail you out, but you fine me?" - Bank: "You're not an economist."

- You: "I made a 200 dollar math error on my taxes." - Government: "Audit. Penalties. Interest." - You: "The Pentagon failed its audit." - Government: "Sixth year in a row, yes." - You: "Trillions unaccounted for." - Government: "Accounting is complicated." - You: "That's what I said!" - Government: "You're not an economist."

- You: "I got a raise to keep up with inflation." - Government: "Congratulations! New tax bracket." - You: "But I can't buy more than before." - Government: "Your income went up." - You: "Only on paper. You printed the paper." - Government: "The brackets don't adjust for that." - You: "Convenient." - Government: "You're not an economist."

- You: "What backs the dollar?" - Government: "The full faith and credit of the government." - You: "What does that mean?" - Government: "Trust." - You: "Trust in what?" - Government: "That we won't print too much." - You: "Have you ever kept that promise?" - Government: "You're not an economist."