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Joined 2 years ago
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Cake day: August 5th, 2023

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  • Every country taxes their wealthy. Some more, some less, but Finland doesn’t have a wealth tax.

    And low income inequality doesn’t mean much if capital gains and inheritance aren’t considered income (and taxed as such). For example, I could earn 50k€/year in income but have 1M in bonuses, and 1M in capital gains, and inherit 5 homes which allow me to buy another home and pay it through rent that isn’t considered income. In income, I’d be exactly equal as somebody else who earns 50k€/year but has no other wealth.
    The Gini index is bad at expressing that.

    Sure, Germany’s AfD party has 20% but it didn’t get into a coalition.


















  • As if it’d be better run by private interests in the US 😂

    The letter was sent on January 22 and suggests the debt-financed $55 billion acquisition, which will purportedly result in PIF holding a 93.4 percent stake in the Battlefield and Apex Legends publisher, will incentive layoffs, offshoring, studio closures, and other cost-cutting measures.

    “incentive”

    Also, isn’t this what yanks have been doing for decades? Don’t seppo businesses regularly fire a bunch of employees before the end of the financial year to have “record-breaking fourth quarter” and then hire back a bunch of people? Painting the Saudis as worse capitalists than the USAians is just hilarious