I propose to the Government of the Republic of Slovenia that all registered and unregistered shares issued in the territory of the Republic of Slovenia should be taxed at an annual rate of 2%, and that all Slovenian citizens who own foreign shares should also pay a 2% tax on their ownership. Thus, all portfolios of legal and natural persons containing shares and investment funds containing shares in their portfolio as at 31 December of each current year are taxed. The tax of 2% is payable by means of a cash transfer or by deduction of a certain number of shares, calculated according to the stock exchange quotation. The tax goes to the State budget. Only pension funds are exempt, except that the amount of the tax-free portion of the nominee equity accounts is limited to €50,000. Anyone who has more in their account (just one) is subject to a 2% tax on share ownership. However, there is no upward limit on the ownership of bonds and cash deposits.
Savings deposits in banks are taxed according to interest rates, inflation does its bit every year. Government bond yields are under control. Gold investments have only recently been exempted from the "gold tax" in Slovenia and are minimal. Gold prices are indeed skyrocketing, but the volume of trading in gold as investment gold is decreasing.
The shares hide an untaxed part of the wealth of Slovenian tycoons and speculators. It is true that sales in less than three years are taxed, but speculators have found ways to circumvent even positive legislation.
Given that it is obvious that the state has no serious intention of expropriating the tycoons. Given that no action by the government in the pension system, in health care, etc., has any effect if money is allowed to disappear in bank bail-outs, in making motorway construction more expensive.... On the one hand, we are throwing hundreds of millions of euros out of the window (into the pockets of gentlemen), and on the other hand, we are trying to save a few tens of millions of euros through health and pension reform, which is a cat's cough compared to what some people have usurped, even officially, by building up the existing legislation. That is why an annual tax on shareholders is the only way for the state to come up with the missing funds.