• 2 Posts
  • 19 Comments
Joined 4 years ago
cake
Cake day: January 13th, 2022

help-circle






  • pathos@lemmy.mltoData is Beautiful@lemmy.worldTax em baby
    link
    fedilink
    English
    arrow-up
    1
    ·
    edit-2
    19 days ago

    Austria, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, the Netherlands, Luxembourg, and Sweden have all repealed them. Wealth taxes survive only in Norway, Spain, and Switzerland.

    I’m unsure how America specifically is relevant here.

    You can call it unsupported, but the economics literature would just call you uninformed.

    We do have some forms of wealth taxing, for example land or building ownership. Home leasing is the one of the few surviving methods of wealth taxing because the rent numbers are clear even over time.




  • Finally, first real feasible comment about EU catching up to US and China. This is how countries like Korea, despite how tiny it is compared to the EU, still grow so well economically and stay #1 in various areas of competition. They play ‘catch up then compete’ game so well and are probably the best at it. They become #2 or top 5 or whatever in many things, synthesise them together to become #1. Even integrated solutions of these #2 offerings combined are what makes their packaged offerings so compelling.