Yes, the income tax is close to 50% for almost everyone, and yet the capital gains tax is just as low as in the US. Less progressive. Arguably MORE favorable to

Yes, the income tax is close to 50% for almost everyone, and yet the capital gains tax is just as low as in the US. Less progressive. Arguably MORE favorable to the wealthy (since the rich have a more significant tax discount in the EU than the US). And yet workers there think it's more equal. I guess they have a point. It's more equal amongst laborers. Only because no laborers make a decent wage, and minimum wage is slightly better there.