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Sun Feb 10, 2019, 01:12 PM

A lesson on "Scandinavian Socialism"

21 replies, 364 views

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Arrow 21 replies Author Time Post
Reply A lesson on "Scandinavian Socialism" (Original post)
MoshMasterD Feb 2019 OP
bfox74 Feb 2019 #1
Nostrings Feb 2019 #2
def_con5 Feb 2019 #3
WhiskeyMakesMeHappy Feb 2019 #4
spike61 Feb 2019 #5
bfox74 Feb 2019 #8
MoshMasterD Feb 2019 #6
Grumpy Pickle Feb 2019 #7
Jond414 Feb 2019 #9
Carl Feb 2019 #10
Jond414 Feb 2019 #11
Carl Feb 2019 #12
Charlie Mike Feb 2019 #13
Jond414 Feb 2019 #14
oflguy Feb 2019 #16
jh4freedom Feb 2019 #17
oflguy Feb 2019 #20
oflguy Feb 2019 #21
Charlie Mike Feb 2019 #18
jh4freedom Feb 2019 #15
Charlie Mike Feb 2019 #19

Response to MoshMasterD (Original post)

Sun Feb 10, 2019, 01:27 PM

1. Good find. Thanks for sharing that.

Let's just hope with a little education we can discredit the socialism-mongers out there. These are scary times, indeed.

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Response to MoshMasterD (Original post)

Sun Feb 10, 2019, 01:37 PM

2. Out of the park.

What a gem.


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Response to MoshMasterD (Original post)

Sun Feb 10, 2019, 01:57 PM

3. Nice find

Even a liberal could understand that.

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Response to MoshMasterD (Original post)

Sun Feb 10, 2019, 02:49 PM

4. I wish I could put that on everyone's social media account!

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Response to MoshMasterD (Original post)

Sun Feb 10, 2019, 03:17 PM

5. I keep telling people the only way these programs work is if EVERYONE pays into them.

Right now, 1/2 the people pay NO income taxes.

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Response to spike61 (Reply #5)

Mon Feb 11, 2019, 05:30 AM

8. And the other part of that is that immigration must be tightly regulated.

Nobody who can't pay their share is allowed in.

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Response to MoshMasterD (Original post)

Sun Feb 10, 2019, 04:14 PM

6. You got to read the comment for this on YT.

They like to mince words by thinking that he said Finland is Scandinavian but the delivery was meant as Finland adopted the template that is called Scandinavian Socialism.

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Response to MoshMasterD (Original post)

Mon Feb 11, 2019, 03:26 AM

7. I am part Swedish.

I am embarrassed by my tribe who once were the mighty Vikings.

Seeing them being Kucked by the middle eastern invaders is shameful.

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Response to MoshMasterD (Original post)

Mon Feb 11, 2019, 06:35 AM

9. Terrible talking points

I’m still laughing about “people will flee the country or stop working and live off their savings.” Yeah Americans have savings....im still laughing.

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Response to Jond414 (Reply #9)

Mon Feb 11, 2019, 06:44 AM

10. Sorry that you have been unsuccessful in life.

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Response to Carl (Reply #10)

Mon Feb 11, 2019, 08:15 AM

11. Nice personal attack

I was talking about most Americans, perhaps you didn’t comprehend that. And even if I was “unsuccessful” that was seriously the best you could come up with about my comment?

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Response to Jond414 (Reply #11)

Mon Feb 11, 2019, 09:27 AM

12. I was being sympathetic.

Your comment did not deserve much.

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Response to Jond414 (Reply #9)

Mon Feb 11, 2019, 09:30 AM

13. If Americans don't have savings how is the wealth tax going to work?

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Response to Charlie Mike (Reply #13)

Mon Feb 11, 2019, 11:56 PM

14. Most Americans live paycheck to paycheck

A really small percentage has almost all the wealth. You knew that though didn’t you?

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Response to Jond414 (Reply #14)

Tue Feb 12, 2019, 12:23 AM

16. Time after time, it has been played out

Countries that tax wealth lose their wealthy

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Response to oflguy (Reply #16)

Tue Feb 12, 2019, 02:43 AM

17. Highest taxed country

Belgium, 42.0%
Belgium has a progressive tax, higher-income individuals pay more taxes than lower-income individuals do. Its top progressive rate is 50%. Income from property, work, investments and miscellaneous sources is all taxable. Capital gains tax rates depend on the type of capital. Employees also pay a social security tax of 13.07% of their income. The government allows deductions for business expenses, social contributions and 80% of alimony payments, and there is a personal allowance based on filing status.
https://www.investopedia.com/taxes/countries-highest-income-taxes/

Belgium is the sixth richest country in the world: this has been confirmed in the recent edition of the Allianz Global Wealth Report 2016. The same report also demonstrates an increase in the global financial average this year. The global net fortune has grown by 7.6% to a total of 128.5 billion euros. However, this does not alter the fact that these resources remains unevenly spread: the world's richest people 10% possesses 79% of all the wealth.
https://focusonbelgium.be/en/international/belgium-sixth-richest-country-world

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Response to jh4freedom (Reply #17)

Wed Feb 13, 2019, 05:14 AM

20. Belgium is number 7 in the world, not number 1

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Response to jh4freedom (Reply #17)

Wed Feb 13, 2019, 05:22 AM

21. Why have countries moved away from wealth taxes?

Back in 1990, 12 high-income countries had wealth taxes. By 2017, that had dropped to four: France, Norway, Spain, and Switzerland (In 2018, France changed its wealth tax so that it applied only to real estate, not to financial assets.) The OECD describes the reasons why other countries have been dropping wealth taxes, along with providing a balanced pro-and-con of the arguments over wealth taxes, in its report The Role and Design of Net Wealth Taxes in the OECD (April 2018).

https://marginalrevolution.com/marginalrevolution/2019/02/why-have-countries-moved-away-from-wealth-taxes.html

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Response to Jond414 (Reply #14)

Tue Feb 12, 2019, 08:33 AM

18. You know that the Marxists are trial-ballooning wealth taxes, don't you?

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Response to MoshMasterD (Original post)

Tue Feb 12, 2019, 12:02 AM

15. The Nordic Model

From investopedia.com:

The Nordic Model is the social welfare and economic systems adopted by Nordic countries. The Nordic model combines features of capitalism, such as a market economy and economic efficiency, with social benefits, such as state pensions and income distribution. This model is most commonly associated with the countries of Sweden, Norway, Finland, Denmark, and Iceland.

BREAKING DOWN the Nordic Model
The Nordic model embraces both the welfare state and globalization – two approaches to government that can be seen at times as opposites. The core aspects of the Nordic model include the public provision of social services funded by taxes; investment in education, childcare and other services associated with human capital; and strong labor force protections through unions and through the social safety net.

Risk Sharing
The Nordic model emphasizes society-wide risk sharing and the use of a social safety net to help workers and families adapt to changes in the overall economy brought on by increased global competition for goods and services. The region’s economies have benefited from cultural homogeneity, political freedoms, and low levels of corruption.

Much of the model is based on how Nordic cultures have developed over the centuries. The citizens have a high degree of trust in their government and a history of working together to reach compromises and address societal challenges through democratic processes. Citizens believe that both public institutions and private companies have their best interests in mind through a general social contract, with an emphasis on fairness.

Maintaining economic growth while providing social welfare services requires Nordic countries to emphasize workforce participation. Nordic governments have to create incentives for their citizens to continue to work despite having generous welfare benefits. The finances of Nordic governments are generally considered strong, with economic growth steady. This was not always the case, as several Nordic countries struggled with low productivity and high unemployment during the 1990s.

This is all paid for by some of the highest tax rates in the world. Notes the Tax Foundation, tax revenue as a percent of GDP from individual income taxes and payroll taxes in Denmark are 26.4%, Norway, 19.7%, and Sweden, 22.1%. That compares to the 15% of GDP raised by the United States through its individual income taxes and payroll taxes. For example, the foundation states that Denmark’s top marginal effective income tax rate is 60.4% and Sweden’s is 56.4% while Norway’s top marginal tax rate is 39%. Tax rates in these countries are relatively high on nearly all income, not just that of wealthy people.
https://www.investopedia.com/terms/n/nordic-model.asp

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Response to jh4freedom (Reply #15)

Tue Feb 12, 2019, 08:34 AM

19. In other words: Not the socialism Commies Cortez and the others keep bloviating about.

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