Readit NewsThis was Frostbite/Battlefield 3 era. Good Times.
If you want something radical, I would recommend:
(1) Australia -- very rich (they avoided the 2008 global financial crisis), much less fair than Sweden (but not stupidly so like US/HK/SG), and crazy high quality of life.
(2) New Zealand -- still rich, more fair than AUS, and insanely good nature / food.
Taxes in the Scandinavian countries are similar but it wouldn't be as frustrating to pay them if everything else was working as intended.
My situation is foobar and I rather go to some place where you as an individual have more freedom and responsibilities. New Zealand sounds nice and warm though.
I can assure you that an effective tax rate of 25% would result in much higher income inequality, and much weaker social safety net. Is this the society that you want?
The tax rate hasn't always been this high. It's basically the result of government overreach over the past 100 years. I don't think you need to take more than 25% to provide essential services but I also expect people to pay more for the services that they use. I want people to allocate capital more so that the government.
Right now, Sweden has a serious immigration problem. 2 million new people over that past 20 years, a lot of them from radically different cultures. Our social welfare is being used to support these people and they aren't able to contribute back. This is a net drain on our economy and I'm not super happy about that. The studies we have show that these people don't integrate and don't generate tax revenue. And I'm not paying these taxes for their benefit, I'm paying these taxes to build a better future for my kids.
For the longest time, the lie that was being told was that it be a huge asset and opportunity for Sweden and it could have turned out this way, Sweden has had successful immigration in the past but it didn't turn out this way this time.
You talk about progressive taxation and income inequality but people forget that you need a healthy economy as well. You can't just tax everybody and expect equality.
Despite everything you think you may know about Sweden, we have the most gun violence and the most rape in Europe. The Swedish police can't be bothered with solving all the rape because of all the killings.
We have an energy crisis because environmentalists wants to shut down our nuclear reactors (50% of our energy production) and replace it with wind whit cannot work short term or during winter.
I will stop here. At some point Sweden did deserve it's reputation but this country is living on old merits. There's so much crap going on right now that I will take my chances. At least in a free and open society I'd be able to make a bigger impact myself.
That's 51.8% of what I make. That is the government is taking just slightly more than half of everything I earn.
In order to answer what I think is reasonable to pay in tax, we need to look at what the Swedish government spends it's money on. Core infrastructure, health care, school, police etc. This is about 30% of the current government spending. That is frightening to me. I'd be happy to pay less in tax, frankly I want to pay as little as possible but Sweden has this huge government apparatus and it's growing by the day with all kinds of more or less non-essential government arms. I could go into details but I won't right now. I just don't want to finance a lot of this with my money.
It won't be possible any time soon but I'd love to see my tax rate cut in half and given the spending of our governments it should be possible but only if we make it a priority.
Cool, your N=1 anecdote completely invalidates all the statistical research in that area.
> all the statistical research in that area.
Calling BS on that right there
https://www.cbpp.org/research/state-budget-and-tax/tax-fligh...
I have a Ryzen 9 5950X CPU and it has a crazy fan ramp. Anytime a process maxes out the CPU it will be audible to me when I'm working. Now, to put this in perspective. It doesn't happen when I'm gaming. I can play Diablo 4 and Cyberpunk 2077 without this noticable fan noise but when setup.exe loses it, the fan noise is how I notice it. It will max out one core and I'm going to assume "never" complete. The longest I waited was 78 CPU minutes before killing the process. This would happen now and then but it would not prevent Chrome from successfully updating. So, it was bizarre to begin with.