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The businesses aren't any more ethical in welfare states. Welfare states set the financial burden on individuals - the contributions on employment contracts, di

The businesses aren't any more ethical in welfare states. Welfare states set the financial burden on individuals - the contributions on employment contracts, dividend and capital gains taxes there are obnoxiously enourmous. An individual there basically gets a job to take a mortgage and that's it regarding life aspirations.

fsloth 5y ago
"An individual there basically gets a job to take a mortgage and that's it regarding life aspirations." Doesn't that describe most if not all economies that have middle class? Private mortgage was considered a great way to increase national wealth in "rich" post-WW2 economies. And so it became part of "the expected economic life path of the middle-class employee". Most people who are employed work to satisfy basic economic needs: 1. house 2. food 3. health and after that 4. leisure. Some even turn to 5. investment at some point. So I'm not sure what you are trying to say? Maybe expand/rephraze it a little bit?
Milner08 5y ago
Found the American... You're kidding yourself if you think that's it for life aspirations. Or if you think the taxes are the end of the world. I am sure most people in 'welfare states' would agree that they would rather that than the American system.
- durnygbur 5y ago
  I'm not American, barely ever been in America even...
cycomanic 5y ago
You base your assertion on what evidence? Do you know what the capital gains tax is in Sweden? I encourage you to look up the ISK accounts. Also regarding getting a job to take a mortgage for life aspirations, the nordic countries have actually much more social mobility than most other countries in the world.
- durnygbur 5y ago
  Both dividend and capital gains taxes in Sweden are 30%.
  - occz 5y ago
    ISKs (Investeringssparkonto, Investment savings account) are taxed at a flat amount of the account value per year, replacing capital gains taxes. In 2021, it will be 0,375%.
theelous3 5y ago
As opposed to americans who... do exactly what differently?
throwawaylinux 5y ago
I wouldn't use the word ethical, or give agency to a legal entity. It's people who own and run businesses, and it's not unethical for people to want to put themselves in a better financial situation rather than a worse one. Many who would call a business unethical for moving somewhere with a more favorable regulatory environment are entirely in favor of economic migrants moving to welfare states to be better off. They might argue the business should pay back the benefits it got from the welfare state, but would probably bristle at the suggestion that the migrants were unethical for wanting to benefit without paying into it. In the end it's the same thing really, human nature. Nothing about a business generates any kind of ethics or generosity beyond what people have.

fsloth 5y ago

"An individual there basically gets a job to take a mortgage and that's it regarding life aspirations." Doesn't that describe most if not all economies that have middle class? Private mortgage was considered a great way to increase national wealth in "rich" post-WW2 economies. And so it became part of "the expected economic life path of the middle-class employee". Most people who are employed work to satisfy basic economic needs: 1. house 2. food 3. health and after that 4. leisure. Some even turn to 5. investment at some point. So I'm not sure what you are trying to say? Maybe expand/rephraze it a little bit?

Milner08 5y ago

Found the American... You're kidding yourself if you think that's it for life aspirations. Or if you think the taxes are the end of the world. I am sure most people in 'welfare states' would agree that they would rather that than the American system.

durnygbur 5y ago
I'm not American, barely ever been in America even...

cycomanic 5y ago

You base your assertion on what evidence? Do you know what the capital gains tax is in Sweden? I encourage you to look up the ISK accounts. Also regarding getting a job to take a mortgage for life aspirations, the nordic countries have actually much more social mobility than most other countries in the world.

durnygbur 5y ago
Both dividend and capital gains taxes in Sweden are 30%.
- occz 5y ago
  ISKs (Investeringssparkonto, Investment savings account) are taxed at a flat amount of the account value per year, replacing capital gains taxes. In 2021, it will be 0,375%.

theelous3 5y ago

As opposed to americans who... do exactly what differently?

throwawaylinux 5y ago

I wouldn't use the word ethical, or give agency to a legal entity. It's people who own and run businesses, and it's not unethical for people to want to put themselves in a better financial situation rather than a worse one. Many who would call a business unethical for moving somewhere with a more favorable regulatory environment are entirely in favor of economic migrants moving to welfare states to be better off. They might argue the business should pay back the benefits it got from the welfare state, but would probably bristle at the suggestion that the migrants were unethical for wanting to benefit without paying into it. In the end it's the same thing really, human nature. Nothing about a business generates any kind of ethics or generosity beyond what people have.