• 0 Posts
  • 11 Comments
Joined 1 year ago
cake
Cake day: June 1st, 2023

help-circle



  • It’s not a safe monopoly at all, though. Most of my “question”-style queries now go directly to an LLM-based alternative, on account of how much Google search results have dropped in quality for that type of query. I only really use Google directly for stuff like finding something that I specifically know what I’m looking for, but don’t know the exact link to.




  • I don’t buy this argument - if you’re going to claim something to be the case, it should at least vaguely resemble the truth. Going by the ‘rules’ of this meme, Sweden should be right next to the U.S, or even take the U.S’ place given that the U.S ranks better on wealth equality (not income equality where Sweden ranks better).

    We should absolutely tax billionaires more. We should make memes about it to spread the word. We should also make those memes at least kind of accurate.

    To understand one significant downside of this - Swedes reading this meme might think that we don’t have a billionaire-taxation problem in our country. That’s actively harmful to the cause.


  • Wow, this is just entirely wrong. Completely and utterly wrong.

    Sweden has a maximum of around 55% income tax bracket if you’re in a municipality with high income tax, but billionaires never are and as such would be taxed probably at most 50% income tax bracket.

    This is of course entirely irrelevant because billionaires don’t make their money on income. Sweden has fairly low capital gains taxes - 30% on regular accounts, and a special account that taxes the whole account value by a low percentage, which shakes out in average years to even lower taxes on capital. This assumes you even keep your capital in the country, which is a big if.

    There’s also no inheritance tax, no gift tax and no property tax. Sweden is actually an unusually good place to be a billionaire as far as taxation goes, and a below average place to earn a high salary as far as taxation goes.