• Wanpieserino@lemm.ee
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    21 hours ago

    Worker co-ops cause for a high risk portfolio. I’m putting my income in Stoxx 600 ETF. That way I’m being paid in company property while I don’t depend on the well being of one specific company.

    Raising new capital is easier when you can sell a part of the company for it.

    the 0,26 gini here in Belgium isn’t done by taxing capital but by taxing labour. We attract capital by having 0% capital gains tax on stocks/commodities/real estate/…

    We attract talent because the capital here provides them with high paying jobs. We then tax the talent who is quite divided and conquered.

    Far easier than trying to get the global leaders to tax capital equally.

    Median net wealth in Belgium is 256k USD per adult. We’re a land of people that love to save up money.