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Italy considers one-time 52% tax cut on private gold holdings
Kitco ^ | 11/18/2025 | Ernest Hoffman

Posted on 11/18/2025 5:09:55 AM PST by Migraine

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My jaw is on the floor as I read this... Does the Italian government really think it's Italian? People are stupid? I cannot believe the Italian people have become subservient.
1 posted on 11/18/2025 5:09:55 AM PST by Migraine
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To: Augie; Big Red Badger; CaptainPhilFan; caww; Cleebie Grums; CFW; chud; C210N; ComputerGuy; ...

<If you would like to be on a Gold & Silver PING LIST, please pm me.

The Gold & Silver Ping List covers the following:

Everything Gold & Silver
Stock market investments in mining companies,
etc.

2 posted on 11/18/2025 5:14:13 AM PST by aMorePerfectUnion (🦅 MAGADONIAN ⚔️ LIFE )
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To: Migraine

well, that is certainly a transparent act to benefit mainly the rich. Good question, my answer isa that every Italian who have no gold holdings will see it for what it is, otherwise, the ansawer has to be yes. Because that is right out there in the open for all to see, no pretenses or slight of hand invoved.


3 posted on 11/18/2025 5:18:46 AM PST by Robert DeLong
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To: Migraine

One time ...


4 posted on 11/18/2025 5:21:43 AM PST by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
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To: Migraine

Waiting for one taxes to disappear ping.


5 posted on 11/18/2025 5:21:49 AM PST by Jonty30 (I've been diagnosed as being polemic and there is no cure. )
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To: Migraine

Stupid if they fall for that one.


6 posted on 11/18/2025 5:22:50 AM PST by spincaster (i)
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To: aMorePerfectUnion; Migraine
"Italy is considering a one-off levy for households to declare gold that is being held off the books..."


7 posted on 11/18/2025 5:27:36 AM PST by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: Migraine

I am largely a dunce when it comes to money and investments, but...even I wouldn’t fall for that one.


8 posted on 11/18/2025 5:29:10 AM PST by rlmorel (Factio Communistica Sinensis Delenda Est.)
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To: CatOwner

One time? Yeah, sure. To me, this would be akin to the American government telling us “we’re going to have a one time declaration of all guns held by all Americans. After that, we will leave you alone”.

That would be one and done.


9 posted on 11/18/2025 5:30:23 AM PST by Migraine
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To: Migraine

LOL “Hey, grubermint - I have gold or silver” LOL


10 posted on 11/18/2025 5:32:25 AM PST by kiryandil (No one in AZ that voted for Trump voted for Gallego )
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To: Migraine

On the way to FDR type seizures?


11 posted on 11/18/2025 5:33:33 AM PST by WhiteHatBobby0701
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To: Diana in Wisconsin

Exactly!!!


12 posted on 11/18/2025 5:33:36 AM PST by aMorePerfectUnion (🦅 MAGADONIAN ⚔️ LIFE )
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To: Migraine
Lets reframe it:

"The proposal would allow individuals to pay a one-time tax of 12.5% to certify the market value of their firearms for which purchase records are missing"

13 posted on 11/18/2025 5:41:07 AM PST by Tench_Coxe (The woke were surprised by the reaction to the Bud Light fiasco. May there be many more surprises)
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To: Migraine

Should have read further down the thread. I too substituted firearms for gold as I read the article.


14 posted on 11/18/2025 5:46:32 AM PST by Tench_Coxe (The woke were surprised by the reaction to the Bud Light fiasco. May there be many more surprises)
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To: Migraine

Mama mia! I shouldn’t have taken all my gold on that gondola ride.


15 posted on 11/18/2025 5:48:47 AM PST by bk1000 (Banned from Breitbart)
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To: Migraine

The proposal would allow individuals to pay a one-time tax of 12.5%
——-

“Allow”. Yeah, sure. “Allow”. I think they mean “Require”.

Mussolini wanted Italians to sell their gold wedding bands & rings foe much needed revenue to the State. Everything within the State. Nothing outside of the State. Not much has changed, I see.


16 posted on 11/18/2025 6:02:45 AM PST by Freedom4US
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To: aMorePerfectUnion

“What gold? I don’t have no steenking gold.”


17 posted on 11/18/2025 6:11:29 AM PST by dynachrome (“They don’t kill you because you’re a Nazi; they call you a Nazi so they can kill you.”)
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To: Migraine

I see a 12.5% tax in the article, not 52%. Am I missing anything other than a click ait headline writer?


18 posted on 11/18/2025 6:14:01 AM PST by KarlInOhio (I pray that the sleeping giant has finally awakened and been filled with a terrible resolve.)
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To: Migraine

I remember a similar situation back when the Euro was replacing all the various national currencies. Lots of people had currency stashed away in mattresses and instead of converting to the Euro they’d buy artwork and suchlike to have an asset the government wasn’t tracking. A work buddy’s brother made a bunch because as a semi-famous artist he had a bunch of paintings ready to go for premium prices.


19 posted on 11/18/2025 6:14:08 AM PST by glorgau
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To: dynachrome

““What gold? I don’t have no steenking gold.””

Same here. I used to have some. But I lost it all. I don’t like to talk about it.


20 posted on 11/18/2025 6:18:50 AM PST by Migraine
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