Today, the Dutch parliament has decided to approve the tax on unrealized gains.That means: 36% on unrealized gains on #Bitcoin, and stocks.This will be going in practice on the 1st of January 2028.Complete insanity.What does this exactly mean?Well, the Netherlands have been great when it comes to taxing Bitcoin.For instance, if you had 1 Bitcoin on 1st of January 2023 and it's worth $100,000. You're paying ~1.5-2.0% tax on that, which is $1,500-2,000.Let's say, it goes up to $200,000. Then, again, you're pa ...

Core Points - The IRS has introduced a new rule requiring Americans aged 50 and older earning at least $145,000 to make catch-up contributions to a Roth 401(k) starting in 2026, marking the first mandatory Roth provision in the tax code [1][4] - Catch-up contributions for those aged 50 and older will allow an additional $7,500 annually, raising the total contribution limit to $31,000 in 2025, with further adjustments expected for inflation in 2026 [2][3] - Individuals aged 60 to 63 can contribute an extra $3,750, bringing their total allowable contribution to $34,750 for the year [3] Tax Implications - Roth 401(k) contributions are made after-tax, meaning no upfront tax deduction, but withdrawals are tax-free, prompting older savers to reassess their tax situations [2][5] - The value of tax-free withdrawals from Roth 401(k) accounts increases if future tax rates rise, while a decrease in tax rates could make prior higher taxes less favorable [7] - If tax rates remain unchanged, the choice between traditional and Roth 401(k) contributions may not significantly impact the final amount available for retirement [7]

Group 1 - The optimal timing for Roth IRA conversions is not fixed and can vary based on individual circumstances [2] - Market declines can present opportunities for conversions, as recovering investments can lead to greater tax-free growth in the Roth IRA [2][3] - The primary factor influencing the decision to convert is the difference in tax rates between the current rate during conversion and the anticipated rate during future withdrawals [3][4] Group 2 - Converting when in a higher tax bracket (e.g., 35%) compared to a lower anticipated bracket (e.g., 22%) in retirement is generally not advisable [4] - Early-year conversions allow for potential growth throughout the year, but they also carry risks if income unexpectedly increases, leading to a higher tax bracket [5]

Manufacturing Expansion & Investment - Eli Lilly is investing $5 billion in a new US manufacturing site in Virginia, specializing in active pharmaceutical ingredients (API) and drug product for cancer, autoimmune diseases, and advanced therapies [1] - The new factory will enable Eli Lilly to produce targeted chemotherapies or antibody drug conjugates for the first time [1] - Eli Lilly's goal is to increase manufacturing capacity and bring more manufacturing work in-house [2] - Since 2020, Eli Lilly's total manufacturing investments amount to $50 billion, including a previously announced $27 billion investment in four new sites [4] Tax & Economic Factors - Lower US corporate tax rates (21%) influenced Eli Lilly's decision to build the API site in the US [2][3] - Previously, a 35% corporate tax rate made locating API facilities outside the US more financially attractive [3] Supply Chain & Tariffs - Eli Lilly aims to build a balanced and redundant supply chain to ensure medicine availability for patients [5] - The company is monitoring tariff developments but believes they will not significantly alter its overall strategy [5][6]

Policy Recommendation - The document suggests a policy recommendation linking body fat percentage to the tax rate [1]