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i2km | 1 year ago
1. Shuffling money around 2. Socialist-level ponzi government spending 3. A combination of property flipping and high-end property overseas sales used for tax evasion
Innovation-wise, always looking for the easy wins without the hard work, unlike the US.
As a Brit and former resident, happy to have emigrated and escaped the >50% (soon to be increased) tax rates.
ggm|1 year ago
Hah. So you don't believe in the Scandi high-tax economy, or the Dutch one?
Resentment of taxation is a perquisite of the rich, overwhelmingly. In fact, most people who are not rich pay reasonable rates of taxation except they pay far more percentage of their income as VAT/consumption taxes, which is of course nothing like 50%
"nineteen for you and one for me" was George Harrison whining about super tax in the 60s. This isn't new.
maest|1 year ago
I don't think that's true, unless you assume rich people either a. spend a lower percentage of their income (in which case, what's the point in having money) or b. they avoid VAT when they do spend.
throw092309|1 year ago
tebbers|1 year ago