this post was submitted on 16 Jul 2025
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Data is Beautiful
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Assuming it's true, I love that countries like Norway, Finland, and Baltic states have responses closer to 50%, implying better democratic representation of taxation policies. I see this as less of "wealth inequality" and more of "political inequality".
In Denmark we have something called top tax where everyone over a certain income level are taxed a little over 50% of their income.
Unless, of course, you are a mega-rich corporation, then you pay 4% tax or less because you have the power to take your business elsewhere if you get offended and your 4% tax or less still contributes a pretty significant amount to our country, so no one dares to put pressure on you to contribute what you owe to society. 🫠
So it isn't exactly perfect. Those who are rich enough get to do whatever they want even in a system that is otherwise built to support the collective.
It sometimes pisses me off to know how easily most of our issues could be solved if companies like Mærsk and Novo Nordisk paid one or two percent more in taxes. Not even close to what they actually owe, but just one or two percent more. It could be a fucking game changer for our healthcare and educational system.
I feel like the percentages should be higher in Denmark, but I don't think people think about corporations getting to cheat the system when they are asked this question. They think about the well off civilians among us who already pay over half of their income in taxes and they will probably feel like it would be unfair to have to pay even more. At that point the thought would go to: why the fuck did I even get this degree, took on this responsibility and worked these hours if at the end of the day I have the same money after tax as a school teacher?
I can't speak for all the other Nordic countries, though I suspect similar constellations there.
Basically the same in Sweden. I think the reason %-turnout is a bit higher here is because of some very beneficial tax structures on existing wealth for private individuals. Capital gains is normally taxed at 30% of the earnings but you can opt to place (parts of) your portfolio in special accounts (”Investeringssparkonto” and ”Kapitalförsäkring” for example) where the tax is below 1% of that entire account’s value. Makes it possible to get much more out of certain investments.
One argument might then be that if you have enough capital to invest from the beginning, you’ll be at an advantage compared to those that don’t. And wealth gaps might become larger as a result