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Joined 2 years ago
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Cake day: November 29th, 2024

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  • Capital gains are taxed at a flat rate of ~26.4%

    Which only the most stupid superrich (or normal people who saved up) really pay.

    If you’re superrich all your assets belong to your holding. When you gain money from your holdings (e.g. dividends) they are taxed way below 1%. Your now untaxed capital sits in your holding. Privately you now put that holding as a security for a credit. Bravo, now you are privately in debt and can save some more taxes.

    How do you pay off the credit though? Fear not: next year your holding is worth more, because it once again gained untaxed income. You just borrow more money, pay off your old debt and repeat that.



  • I don’t know about the US, but in Germany the amount and size of cars has drastically changed. So my parent’s house is at the end of a cul-de-sac. There were, kid you not, only like five cars parked in the street around 1990. And nobody drove there, you could be out playing all day on the street and not encounter a single car, if there were two it was a very busy day.

    Now the whole street is stuffed with big-ass parked cars, vou cannot even see the street from the sidewalk. You cannot turn around a car at the end of the street anymore, because there’s more parked cars. Every five minutes some Amazon or other delivery vehicle speeds along, or other cars which use the street to turn around. Wouldn’t let my kids play in that street anymore ¯\_(ツ)_/¯





  • Came here to call out this petty generational warfare thing, while the real conflict is working-class against capitalists…but basically every other commenter did it already 😅👍.

    So, yeah, fuck this shitty diversion shit and just Robin Hood the productivity gains which were stolen since the 1970ies.

    Maybe this is the only thing that one can blame the boomers for: widely voting for those neoliberal politics, but then again, it is not like the younger folks would do that much better in that regard ¯\_(ツ)_/¯







  • Well, the lesson takes long, but slowly it gets into the heads: can’t have a currency union without economic (and social) integration. The north/western countries also profit off a weak Euro. Nobody would buy German shit if they had to buy in Mark. That would be too expensive.

    So pooling it will be one day, would’ve been saving some headaches if we already had it before the Greek crisis.