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We have no wealth tax, no inheritance tax. If most of your income is a salary, the tax burden is high, but if you're living off investments, properties or gener
by ACS_Solver 6mo ago
We have no wealth tax, no inheritance tax. If most of your income is a salary, the tax burden is high, but if you're living off investments, properties or generational funds, it's quite advantageous.
- lifestyleguru 6mo agoSounds like in Sweden it's critical to pick the right parents.
- fragmede 6mo agoWhere is that not the case?
- lifestyleguru 6mo agoIn countries lower in the ranking of wealth inequality, less so. I mean they are next to Russia, Saudi Arabia, and UAE. No, not everywhere it's the same.
- johanneskanybal 6mo agoThat always helps. Another thing that helps is the free child care/school/university/health care/elderly care/parenting support/living support that the high taxes provides. The lowest standard is very high, the middle is comfy life but keep less dollars than if you lived in the states, the rich not-surprising gets away here too.
- flowerthoughts 6mo agoIn Sweden, you can choose to have your investments in an ISK or KF, which effectively allows you to choose whether you want CGT or wealth tax, for public investments. The current ISK tax is about 3x that of a low tax canton.