The Netherlands is changing their tax on investments to 36% on paper profits, or unrealized gains, BEFORE you sell investment. So if you buy a stock for $100,000 at $100 per share (1,000 shares) then the stock increases to $200 per share, you have a $100,000 profit on paper. You would owe $36,000 in taxes. But then the next year if the value of the shares declines back to $100 per share ... you have made nothing, but you still paid $36,000 in taxes. Investors and entrepreneurs are calling it, "the dumbest thing any government on Earth is doing right now".(Wall Street Mav)