USA has 6,5% tax on capital EU 20%.

We attract capital because we offer stability.

Taxing the shit out of their made investments does not offer stability. They’d stop putting in new investments.

We’d have decay.

USA is the capital of the world when it comes to capitalism. A world ETF market weighted gives you 60% USA. That’s massive.

Removed by mod

Removed by mod

Why would they invest in your apartment if they have to pay taxes on it? Unless they can charge the tax to you as well.

You’re going to need the public to build your apartment. And sadly, in Singapore where this is the case, rent is ridiculously high.

The thing you should take from this, is that when you keep antagonising people, they will hate you. 😁

You do pay taxes in the EU if you own assets in the EU.

China taxes quite a lot less than the EU I’m sure. Otherwise nobody would have built their factories there.

Edit: China taxes capital more it seems

In the European Union (EU), the share of labour taxes (including social contributions) in total tax revenues expanded in 2023 to 51.2%, while the share of capital tax revenues remained unchanged at 21.9%. This indicates that labour taxes contribute significantly more to the EU’s total tax revenue compared to capital taxes.

In China, the effective tax rate (ETR) on capital rose from 10% to 30% between 1995 and 2018, while labour taxation also saw a slow but steady rise. However, specific figures on the proportion of tax revenue from capital versus labour in China are not provided in the search results.

For more detailed and precise information, it would be beneficial to consult the latest reports from organizations such as the OECD or national tax authorities.

https://www.beursgorilla.nl/Index-Koers/150176326/CHINA-Shanghai-Composite.aspx

But as you can see, the stock market since then has been quite dull

Edit2:

In the United States, corporate income taxes accounted for 6.5% of total U.S. tax revenue in 2022. This figure represents the portion of total tax revenue derived from taxing corporate profits, which is a form of capital income.

For more detailed and precise information, it would be beneficial to consult the latest reports from organizations such as the Internal Revenue Service (IRS) or the U.S. Treasury.

And the SP500 has been the desire of the world. The USA is 60% of a world ETF

Removed by mod

And how would you fix wealth inequality, without causing capital flight.

Removed by mod

Communication is key, we can take lessons from USA. Their left wing tries to dehumanise their right wing. This backfired tremendously.

So, what we should do would be simply communicate with eachother.

The part that differentiate social democracy from Marxist Leninists is that we do not try to silence people.

Now that’s the good thing bout the EU. You can pack up and go to another one quite easily.

Some minority of kids can be exempted. You’re the one exaggerating

Brazil and nobody dying, what kind of propaganda is this?

Gotta agree with this one :) but hey, when there’s an opportunity to handle based on values, we sure take it.

The biggest letdown has been Israel.

Now that ties with USA have weakened, we can take a stronger stance.

By the way. China’s issue with Europe is that we aren’t suppressed by our governments. We can trash talk the CCP like no other.

Fine by me

Come over here ya lil cunts, join the family

We’ll basically show our worth for Norway and Switzerland based on how the EU handles Trump

Autonomy is indeed more valuable than profits

Digital euro uh, only matters to the government and banks. Lower cost of production I’m sure. No need to store physical cash for banks.

For citizens, it’s not like we haven’t been using bank cards and apps this whole time. We just have been linking our payments to a bank account we hold digitally on our phones.

So, this isn’t a big change for citizens. Just a lower cost for production.

Who cares, they get suppressed anyways. Just a temporary thing while we integrate immigrant families.

Getting my wife from Indonesia to Belgium was literally: asking for tourist visa. Getting married. Never left Belgium since.

I’m aware that we cannot actually know how it feels like to live in eachother’s country. We only know what we see on social media.

Like the stock market crash… I don’t even see it in real life. Nobody cares. It’s what it is.

Social media heightens certain stuff. It definitely affects us. Like you’re afraid of AfD/VB/Geertje/Le Pen/… While I got banned on Reddit for saying musk has to be assassinated for trying to influence European politics.

It’s what it is

All those people are dead. Not only the part of history you know about, but also all of the other history you don’t have a clue about.

Everyone has perished.

Now we just look at the current world and what the state of it is.

If you’re going to be xenophobic about Europe, be my guest, but you’re just going to be bitter and accomplish nothing with it.

The EU has an income inequality gini of 0,29. We are the best in the whole world in solidarity. That’s just a fact.

USA has it at 0,42. China has it at 0,36.

China has barely any refugees, they think we are weak to have accepted refugees.

USA gives too much power to their president. They’ll learn from this.

Indonesia’s president is trying to put military into the government policy positions.

Myanmar is going batshit crazy.

Syria is fucked up.

Libya is fucked up.

Egypt has no women rights.

Israel is going full nazi

Russia is going full imperialist

Brazil has homicide rates like Ukraine

Etc etc