• 16 Posts
  • 40 Comments
Joined 2 years ago
cake
Cake day: September 5th, 2023

help-circle










  • Not really, for example I recently learned that both property-tax (a yearly tax based on property value) and property-transfer-tax (a one time 3% tax on every property transaction) basically kills speculation on properties.

    As a result, houses prices are actually humane (between 50k-300k, depending on age, surroundings, size, etc. To compare, the median income is roughly 45k per year).

    Of course there is still a capitalist class, but they are nowhere as parasitic as they are in the US/UK. Though if that is due to the welfare culture or a thought out tax policy I can’t say.


  • Note that I used Finland is this example. While not perfect, Finland is pretty good at taxing the wealthy (for example Mikko Kodisoja, Supercell founder payed 13,2m€ of his 35,3m€ paycheck as income tax in 2022. Still 20m€ in hand, but another quarter of everything he buys will be taxed as VAT).

    Outside the theocratic libertarian hellhole USA, shouting “Tax the rich” isn’t really a solve-everything-button.