Tell me a first world country that is not socialist

[kalinka]

If you don`t do anything capitalgains are taxed with 30%, trading is considered as capitalgains.
But the government has introduced a "Capitalsavingsaccount"
where you pay a tax of 0.8% of the amount invested and
your netprofit is taxfree including dividends.
You can also have a "capitalinsurance# with the same tax
of 0.8%.
Can also inform that the companytax from 2013 is 22%.

 

[Fractals 'R Us]

Quote from Maverick74:

We are the only country on the planet that lets people walk in and take our money.

that has been the deciding factor in my plans for where to live actually. If the leadership encourages that then what's the point in living here. That leadership is not at all about my wellbeing, nope, I'm a meal ticket for a zillion impoverished, illiterate, loud criminals? I don't frigging think so..

 

[luisHK]

Thanks for the info !

I've just open 2 links on the topic and couldn't find much info, you'll probably be able to shed some more light :

Can one trade actively on world markets under this scheme, using an international broker ike IB, or are there limitations, ie one must use a swedish broker and trade only specific markets ?

Also I'm a bit worried about where Europe is heading (stagnant economy and very heavy governments looking into extra taxation to compensate for this lack of growth, no matter the taxation impeding growth), plus I'm familiar with large changes of direction in individual countries tax policies. Do the current tax regulations look stable or are they likely to be contested at next/after next elections ?

IME fiscal toughening in HK and much of Asia is much softer than in Europe, at least for expats, but i'm not so keen on life over there.

 

[bigarrow]

Quote from bone:

A good article that explains "income security" on the chart. I had to look it up myself, I didn't know what that catagory meant.

http://www.ourdime.us/102/budgetinfo/how-much-do-we-spend-on-welfare/

 

[piezoe]

Quote from Random.Capital:

Well, if there are no first world countries that aren't significantly socialist, that would clear evidence that socialism actually works.

Otherwise they wouldn't have become first world countries.

PS. Between persistent deficit financing and high levels of corporate welfare, the US is in fact one of the most socialized economies on the planet, and has been for a long, long time.

There are high levels of what could be called "corporate welfare", assuming one wants to adopt a new context for the word "welfare". That use is descriptive enough that everyone will know what you are referring to.

Nevertheless your use of the term "socialism" breaks sharply with the widely accepted meaning. It's perfectly clear what you mean, however. So in that regard you've done a fine job of communicating.

But there is some risk of using "socialism" in this new way. Apparently you are willing to take that risk.

 

[smallStops]

Few differences

- Scandinavian countries are major oil producers who control all aspects of oil productions, including their sovereign wealth funds. Wealth funded on natural resources.
- USA needs a strong military to control foreign natural resources. Iraq might have significant oil. . Supporting militarily and financially Israel, so as to ensure oil supplies.

- Scandinavian countries believe in investing in human capital, and strong social programs to create a socially homogeneous country.
- USA believes in government investing in corporations ( via grants, subsidies, incentives, ...), and as well military support paid by your government when it comes to opening markets or acquiring natural resources. This is called the war industry.

- Scandinavian countries believe in human values.
- The USA believe in monetary values.

 

[zdreg]

Quote from smallStops:

Few differences

- Scandinavian countries are major oil producers who control all aspects of oil productions, including their sovereign wealth funds. Wealth funded on natural resources.
- USA needs a strong military to control foreign natural resources. Iraq might have significant oil. . Supporting militarily and financially Israel, so as to ensure oil supplies.

- Scandinavian countries believe in investing in human capital, and strong social programs to create a socially homogeneous country.
- USA believes in government investing in corporations ( via grants, subsidies, incentives, ...), and as well military support paid by your government when it comes to opening markets or acquiring natural resources. This is called the war industry.

- Scandinavian countries believe in human values.
- The USA believe in monetary values.

" Supporting militarily and financially Israel, so as to ensure oil supplies."

how? there is no oil in Israel.

"Scandinavian countries believe in human values. The USA believe in monetary values"
no more. unemployment benefits are more generous in the US than in Germany. in US you can sit on your arse for 2 years. in germany you go for retraining.

my guess is that government workers(no statistics) are more overpaid in the US than in Germany.

i understand germany is not scandinavia

 

[luisHK]

Also only Norway is considered a major oil producer with an important sovereign fund. Denmark is far behind and others are insignificant oil producers.

 

[nonlinear5]

Quote from kalinka:

I don`t consider Sweden as a socialistic country:

We have a liberal government since 6 years.

Wealthtax: Nil
Gifttax: Nil
Inheritancetax: Nil

Propertytax: Nil, but you have to pay a propertyfee of max
1.000 $
Capital- and tradinggains are taxed with 0,8% of the amount
invested.
I think very few countries including Us beat this!!

Personal income tax: 50%.

 

[Maverick74]

Quote from nonlinear5:

Personal income tax: 50%.

well....except for that. LOL.