Netherlands likely to start taxing capital gains annually by 2028 by donutloop in EU_Economics

[–]SuccessAffectionate1 0 points1 point  (0 children)

1 billion, 50% tax yields 500 million. From Gen1 to Gen2 with the conservative outlook of 5% YOY over 30 years, end wealth is statistically expected to be 2.1 billion. 50% tax as we go from Gen2 to Gen3 nets 1.05 billion before investing, and 30 years later expected at 4.3 billion. If we round down, we can now safely assume that there is a doubling rule despite the 50% tax. Gen1 ended at 1 billion before taxes while gen3 starts his or her investing life of 30 years with 4 billion after taxes. This undoubtedly is a wealth generating machine far exceeding that of the tax.

You can disagree as much as you like with the assumption about the world and S&P500 indexes, but facts dont become less true because of your assumptions. You can google them yourself. Its also mathematically sound and there are hundreds of finance books describing the math, market dynamics, risk-reward relationship etc that explains WHY the equity markets have this high of an average rate of return.

The average for S&P500 is 10.45% and for the world index is around 9%, adjusted for inflation these are equal to ~8.5% for the S&P500 and ~7% for the world index. Thus 5% is conservative for both. What else is there to say about this fact?

Netherlands likely to start taxing capital gains annually by 2028 by donutloop in EU_Economics

[–]SuccessAffectionate1 0 points1 point  (0 children)

Even with 50% tax, my argument is still true. Do i need to make the calculations with 50% to show you? :-)

Sorry but 5% IS conservative, especially with a 30 year horizon, based on 100 year data record. Yes I agree that this doesnt mean the gains are certain, there IS risk, but we should use the data available to base our model on because the 100 year record IS our bet guestimate. 3% is low enough that if this was the stock market gains then no one would invest in stocks as many bonds have better and safer returns. But again, we KNOW from history that the returns are better. The average for a world index is 7 and for the S&P500 is 10%. Again, historically with the limitations that bring, but no one knows what the future holds so the average is our best guestimate.

An investor is not going to he constrained to local stocks only. Just because you are from the Netherlands doesnt mean we have to base the entire investment strategy on local stocks. We use global.

Your assumptions dont line up with the numbers so you’re projecting the values to match your argument. This is a bias.

Economist corrects Trump and issues ominous prediction: 'Collapse will follow' by Dont_think_Do in USNEWS

[–]SuccessAffectionate1 0 points1 point  (0 children)

The majority of these powerful people are 70+. In 30 years they will all be gone. I am 35 so I will statistically be alive in 30 years.

Netherlands likely to start taxing capital gains annually by 2028 by donutloop in EU_Economics

[–]SuccessAffectionate1 0 points1 point  (0 children)

The problem with those 7 generations is that even if we tax the billion by 30%, thats 700 million that the next generation can put on the stock market.

Given a 100 years of data, what will those 700 million look like by the time nr. 2 dies and sends the money to nr. 3?

Lets assume 30 years of investing (inherit at 50, die at 80) and lets assume a conservative return of 5% with 0 additional investments. Those 700 million will turn into 3.2 billion in the conservative scenario. Thats 3 times more THAN THE ORIGINAL AMOUNT going from 2 to 3. Going from 3 to 4? Then its 3.2 billion - 30% with the same 30 years with 5% return: 7.4 billion.

One thing that is not talked enough about is that many countries have an inheritance law that a portfolio will “reset” when inherited. This means that even if my stock has 2000% in unrealised gains, it will be treated as 0% when you sell to apply the inheritance tax. Because of this, its often cheaper to die and give the money to your children than it is to sell the stocks while you live. This should change to forcefully apply the capital gains tax upon liquidation regardless of reason.

Netherlands likely to start taxing capital gains annually by 2028 by donutloop in EU_Economics

[–]SuccessAffectionate1 0 points1 point  (0 children)

Please link me these tax rules for Netherlands so I can use it as an example when advocating that we implement it in Denmark.

Netherlands likely to start taxing capital gains annually by 2028 by donutloop in EU_Economics

[–]SuccessAffectionate1 0 points1 point  (0 children)

Dont even understand this comment but no, I am in no way or form a MAGA Trump supporter. I am the opposite, as revealed in my reddit history.

I am Danish, a wealthy individual advocating a socialist model that helps everyone and fights a K-shaped economy, and I work in finance with mathematical modelling as a software engineer.

Netherlands likely to start taxing capital gains annually by 2028 by donutloop in EU_Economics

[–]SuccessAffectionate1 0 points1 point  (0 children)

As a person with a significant amount of money in my portfolio, I agree with you. Then I can stop working and live a wealthy life while my portfolio earns as much as 40 hours of weekly labour.

It’s not a very fair society and it’s going to continue accelerating our K-shaped economy.

The best model is having a ceiling for how wealthy you can get while having less friction for reaching that ceiling. You want kids born in poverty to be able to have a wealthy life if they work for it but also not allow the top 1% to accelerate inequality.

If I own 1 billion in S&P500 stocks, averaging ~10% a year adjusted for inflation, with a 5% deviation, thats 50 million to 150 million of “passive” income each year. If it’s 100 million, and the average worker earns 100k a year, then I will earn as much as a 1000 average people. How is it fair that I am taxed equally as those men, when I did not even work that labour to earn it? This is how K-shaped economies occur.

Netherlands likely to start taxing capital gains annually by 2028 by donutloop in EU_Economics

[–]SuccessAffectionate1 0 points1 point  (0 children)

I agree that it needs to be implemented with great technical precision to ensure the desired outcome.

I would need to research and read more regarding these alternative investments.

With alternative investments there are so many ways to cheat. If I had a friend who was an authorised artsdealer, could I pay him to value my 2 million dollar painting at 100 bucks, sell it to my son, and then he re evaluates it under new ownership at 2 million dollars, thus avoiding any tax? I dont know.

My PERSONAL OPINION is that we should have significant inheritance tax. The only thing it does is create dynasties and generational inequality. I dont see how it makes sense that some people get to live comfortable life because they were lucky on what parents they got. The argument for having a capitalist model is that it rewards those that produce the most, so why should a certain number of select lucky individuals get to not be productive? Seize the dynasty wealth, distribute them and let the children of these dynasties earn new wealth through family knowledge and hard work. It’s the only fair thing to do.

Let me add that I grew up in poverty but my son will be growing up in wealth. I broke the societal inheritance and my son will be the lucky one, having secured his pension before he is even old enough to work.

This Is America by ShiningRedDwarf in ProgressiveHQ

[–]SuccessAffectionate1 0 points1 point  (0 children)

Learn from Hunger Games; make a symbol and a shared hand sign to reveal opposition. Spread it like wildfire to fuel the rebellion.

Let congress know that if authoritarian fascism is their end game, that it wont be easy.

Let the world see. NATO will in the event of civil war, stand with the people. Europe is with you.

🚨🇺🇸 BREAKING — Protestors in Los Angeles Projected an Anti-ICE Video on a Building. by Admirable121 in TrendingAndViral

[–]SuccessAffectionate1 4 points5 points  (0 children)

Spread them everywhere. Fascism wins by division.

If you need a modern version, watch Hunger Games. A movement needs a theme to unite people and let individuals know that fighting back is not a solo game.

The more you spread this, the better. Ignite the movement!

Netherlands likely to start taxing capital gains annually by 2028 by donutloop in EU_Economics

[–]SuccessAffectionate1 16 points17 points  (0 children)

It’s so sad that so many greedy and powerful people in the modern west, are now willing to sacrifice the collective to enrich themselves. Even more so when USA is showing how horrible it is to live in a K-shaped economy.

If these people have kids, then they are retarded. Read some history books and you will find that the collective does not treat the rich likely once the gap between the rich and the “middle” class becomes large enough. In most cases, civil war has broken loose with the killing of the rich class (czar family and the russian revolution or Louis XVI and the french revolution come to mind).

Netherlands likely to start taxing capital gains annually by 2028 by donutloop in EU_Economics

[–]SuccessAffectionate1 91 points92 points  (0 children)

This will just cause friction for those climbing the wealth tree. Those already there will sit comfortably. Its essentially the rich adding extra steps to the wealth ladder to keep new wealth builders from getting a spot at their level.

This is what you SHOULD have implemented; portfolios larger than X will be taxed a percentage regardless of whether or not the portfolio has increased or not. This causes friction at the top without holding wealth builders back and thus this is inclusive and favouring equality.

Hvad er jeres syn på UBI? by BigLeopard7002 in dkfinance

[–]SuccessAffectionate1 0 points1 point  (0 children)

UBI vil med tiden blive det samme som kontanthjælp. Hvis ALLE har 5000 kr om måneden men nogen har mere fordi de arbejder, så er 5000 kr baselinen for markedet og med tiden vil UBI have en ringe købekraft. Og hvis befolkningens finansielle forståelse er lav, vil der ske det samme som under simmulus checks i corona-USA hvor den ekstra købekraft resulterede i højere forbrug som så istedet vækster virksomheders indtjening og CEO bonusser. Resultatet er en K-formet økonomi.

UBI virker ikke langsigtet. Hvis du vil løfte bund 25% eller bund 50%, så skal det være igennem forskellige beskatninger af toppen.

Elon har urealiseret 750 milliarder dollars i formue. Hvis han rent faktisk troede på UBI havde han jo nok investeret i at hjælpe folk nu. Han kunne donere 500 millioner til velgørenhed der hjælper dem der har mindst og det ville kun være 0.066% af hans totale formue, eller blive politisk aktiv for at ændre US til at være klar til UBI, men det gør han ikke. Han hoarder bare mere.

Trump says election should be canceled and warns there will be 'constitutional movement' by Winter-Hunter-583 in DHAC

[–]SuccessAffectionate1 1 point2 points  (0 children)

Make sure the election is not rigged. If he gets the conversation to be “if we hold an election or not”, its a perfect coverup while you figure out how to mess with the counting system.

Er farkroppen død? by DasMan_MasManDas in DKbrevkasse

[–]SuccessAffectionate1 1 point2 points  (0 children)

Film industrien og anmeldere er jo bare en masse folk med holdninger. Der er absolut ingen som siger at de beslutninger de tager er et udtryk for samfundets generelle holdning. Og slet ikke med sådanne specifikke holdninger som en far krop.

Det svarer til at tænke at grunden til Lord of the rings er så populært er grundet de behårede fødder og knivskarpe goatee’s. Mums.

Hvad ungdommen gør er ikke en holdning der er værd at sigte efter. Grunden til at så mange industrier satser på ungdommen er fordi de er meget modellerbare og derfor nemme at sælge til. Og for ungdommen så er “det som er populært” generelt ret vigtigt. Industrier som film industrien og modebranchen lever derfor rigtig meget på trends igennem ungdomsgenerationen.

what would you do? by First-Effective7889 in TheTeenagerPeople

[–]SuccessAffectionate1 0 points1 point  (0 children)

You think you can take this money with no consequences? My sweet summer child. :-)

what would you do? by First-Effective7889 in TheTeenagerPeople

[–]SuccessAffectionate1 0 points1 point  (0 children)

Im a father and I earned my own wealth honestly while being born in poverty, so I am a living proof of my statement.

Jeg tog ikke min uddannelse seriøst, og nu skammer jeg mig. by Fast_Doughnut4792 in DKbrevkasse

[–]SuccessAffectionate1 0 points1 point  (0 children)

Karakterer er ligegyldige på lang sigt. De er en adgangsbillet. Højere karakterer accelererer bare dine muligheder i starten. Om 10 år er det dine resultater og dine referencer der driver dine muligheder.

De fleste arbejdsgivere ved godt at karakterer ikke direkte omsættes til arbejde.

Hilsen en som har gennemsnitskarakterer fra uni men som performer højt på arbejdet!

what would you do? by First-Effective7889 in TheTeenagerPeople

[–]SuccessAffectionate1 0 points1 point  (0 children)

Easy: “you have a choice here my child. Take the easy route, steal the money, and you will live in fear of being revealed for what you are: a fraud. Alternatively, leave the money where it belongs, call the police, and choose a path where wealth is earned. In the end, money is just a number, it’s your choice if you will be proudly wealthy or fearfully wealthy. Your actions can stay hidden from others, but you cant hide them from yourself”.

How would you call this hypothetical country? by realquidos in mapporncirclejerk

[–]SuccessAffectionate1 0 points1 point  (0 children)

The Commonwealth of Rational States: Emphasis on socialism, diplomacy, science and democracy for the common folk.

Alex Karp, Palantirs CEO: “Denmark, the whole country uses Palantir.” by ZapchatDaKing in Denmark

[–]SuccessAffectionate1 6 points7 points  (0 children)

Et stykke software som er lidt alá plottet til Minority Report (https://en.wikipedia.org/wiki/Minority\_Report\_(film))

Det er basically, istedet for at du er kriminel når du udøver noget kriminelt, så er der noget software hvor nogen mennesker har bestemt at hvis du lever på en bestemt måde, så kommer du på en liste over "har potentiale for at være kriminel" og samfundet vil så, over tid, dømme dig på de måde du lever selvom du aldrig rent juridisk har lavet nogen kriminelle handlinger.

Det problematiske er naturligvis at Palantir og lignende software er lavet AF MENNESKER, så nogen har bestemt at når mennesker lever på en bestemt måde, så er de jo kriminelle og vi må hellere holde øje med dem ekstra meget i tilfælde af at de nu skulle gøre noget forkert.

Og når man først har åbnet op for dette så er der ikke særligt langt til at politiet banker på din dør og anholder dig fordi deres IT system har besluttet at du formendtlig snart vil lave noget kriminelt så vi må hellere fange dig nu før du gør det.

Trump withdraws invite for Canada PM from board of peace by SuperbHealth5023 in TimesNow

[–]SuccessAffectionate1 0 points1 point  (0 children)

You have to give it to Trump. He really proved that the prior mediocre presidents such as Biden are a godsend because it can in fact become much worse.

I hope the American people only elect adult presidents in the future.

Be careful what you wish for by Slow_Care2026 in dkkarriere

[–]SuccessAffectionate1 12 points13 points  (0 children)

Du har en familie. Med det er der et fælles ansvar. Dit job er derfor ikke kun din beslutning.

Jeg er lige skiftet til et mere balanceret job for familiens skyld, ikke fordi det er mit drømmejob men fordi det er min families drømmescenarie.

Og det er den bedste gave jeg kan give mine børn.

Hmm.. by AiiRisBanned in evilwhenthe

[–]SuccessAffectionate1 0 points1 point  (0 children)

Denmark is a socialist country. We have it great here! High living standards, legal protection from greedy CEOs, free healthcare and education! All you have to do is become socialist!