But if you build a successful startup, you have to give up your ownership as having wealth/assets gets heavily taxed. If your startup have a bad financial year, its really frustrating to be forced to take a 2% dividend of your networth, tax 40% of that amount as dividend tax and then pay the remaining 1.1% as wealth tax.
That is why everyone with some wealth is now moving to Switzerland.
It may be frustrating, but that's the flipside of wealth inequality being much lower in Scandinavia and thereby society being more equal. Which makes it much more pleasant to live in, even for relatively rich people.
(Disclosure: I'm one of those relatively rich people in Scandinavia and I pay lots of taxes but I also enjoy that wealth inequality isn't so extreme over here.)
olavgg|2 years ago
adamlarsson78|2 years ago
(Disclosure: I'm one of those relatively rich people in Scandinavia and I pay lots of taxes but I also enjoy that wealth inequality isn't so extreme over here.)