People shouldn’t have to invest into anything to have a decent quality of life after retirement.
Well you have more old people than ever which means more of the governments budget is going towards pensions, what do you propose to reduce this burden on the government and younger people paying higher taxes?
Making sure the rich paid their fair share of taxes would go a long way…
Ok so now your rich have moved to America as well, great job
Any other ideas?
It’s a actually rare for rich people to move when taxes go up. Turns out they too like areas with high quality of life.
I guess it depends on how much you tax them
Only 6 billionaires left California over its proposed wealth tax—but they took $27 billion in potential revenue with them
https://finance.yahoo.com/news/only-6-billionaires-left-california-073000585.html
You can’t tax your way to success, communism fails every time because of this single idiotic belief
But as the amount of older people taking more and more money in pensions continues to rise, and every time you increase the tax burden on the richest in society you give them another opportunity to look elsewhere and weigh up the pros and cons
And yet all evidence shows the increasing economic gap is one of the biggest causes of social problems, and that common investment in society and infrastructure pays off by a big margin. So we can’t do nothing, and all the math says the ideal tax balance is far further towards taxing the rich. That’s simply the cost of living in a healthy society and if they don’t want that then we do we even want them to stay?
I didn’t know Sweden was in such a bad state :\
If you’re not taxing them anyway, why should you care (fiscally) about some of them moving away?
…worldwide.
Thank goodness they fucked off! Now we can have a good society without rich people.
Well, if they don’t contribute to the communities they’re part of, they can fuck off and it won’t make much of a difference.
The rich do indeed tend to flock to billionaire-friendly fascist America, and look what good that does to the average working stiff there… Most Americans are poorer than they ought to be.
Well, if they don’t contribute to the communities they’re part of
What makes you think they don’t contribute
https://www.ato.gov.au/tax-rates-and-codes/tax-rates-australian-residents
The Treasurer’s statement that the top 10% of incomes from working age persons pay 50% of personal income tax is correct.
https://theconversation.com/factcheck-is-50-of-income-tax-paid-by-10-of-workers-45229
Which country are you in, I’m interested to see if you have something similar
I think it would make a good difference.
Ok well next time say hopes and dreams and that’ll save me time assuming you have any credible response
One thing Australia has that I don’t know why other countries aren’t immediately copying is superannuation:
Every month the company you work for pays a set amount into your Super account of choice (it can be with any super provider) and they invest it in a variety of assets (stocks/bonds/housing/whatever)
Currently, the mandatory minimum “guarantee” contribution is set at 12%, having increased from 11.5% on 1 July 2025
So 12% of my paycheck goes to my super provider (rest.com.au) and I cannot touch this super account until I am age 65 or over
You can negotiate this as part of your compensation when you go to work for a company or get a pay raise etc, some say super is included in your pay and some pay on top of it, I’ve always had my super paid on top of my salary which appears to be the default
Super is included in the pension test, so if you have a million dollars in super that counts and you won’t be able to get the pension but that’s ok because you’ve got a million anyway :) worst case if your super gets below a certain point you’re then open to getting part pension or full pension depending on how far you run out
it’s such a good system and saves the government/tax payers billions and billions
Tax people the same world wide, give the rich no place to hide
so now all of a sudden they encourage gambling ?
gambling?
Stocks are always a risk
Yes this view is part of why Europe is behind the US and China, instead of investing in companies/startups etc you keep it locked in banks which does nothing for Europe
Stocks are over the long term a very reliable income and wealth generator
https://fund-docs.vanguard.com/AU-Vanguard_Index_Chart_poster.pdf
The FIRE movement is based around it:
The Financial Independence, Retire Early (FIRE) movement is a personal finance phenomenon characterized by high savings rates—often exceeding the 10–15% typically recommended by financial planners[1]—and aggressive investment, with the goal of accumulating sufficient assets to cover living expenses without traditional employment. The movement gained traction among millennials in the 2010s, spreading through blogs, podcasts, and online communities.[2][3][4][5][6]
https://en.wikipedia.org/wiki/FIRE_movement
Calling stocks gambling is silly and reduces a highly complex system into a meaningless one line
This is also where the big push for the unified capital markets is coming from, the fragmentation of laws and regulations across EU countries means it’s easier for you to invest in America
Goodbye Wall Street - The Unified European Stock Market Explained
https://www.youtube.com/watch?v=03UZyt2yPkw
Startups struggle comparatively to raise funds, turning to U.S. venture capitalists for 35% of the continent’s growth funding pool, per Atomico’s State of European Tech 2024 report. Lower liquidity in Europe’s disjointed public markets, meanwhile, presents growth-stage companies with a stark choice: face the prospect of listing at lower valuations compared to the U.S., or IPO in New York.
Good on you Dutch.
