Re:The Shock of Sweden's Housing Market Is Hitting the Count...
by bzbarsky on Friday November 17, 2017 @01:42AM
(#15719614)
> The 3.8% net investment income tax doesn't apply to real property
Ah, I didn't realize that, thank you!
> he's whining about having to pay an effective tax rate of 10-15% on his profits
No, the key part of the complaint is that the combination of price rise and tax structure mean that a lateral move requires liquidity he does not have.
It's a first-world problem for sure, but it's still a problem caused by the fact that we have various fairly dumb tax policies.
Ah, I didn't realize that, thank you!
> he's whining about having to pay an effective tax rate of 10-15% on his profits
No, the key part of the complaint is that the combination of price rise and tax structure mean that a lateral move requires liquidity he does not have.
It's a first-world problem for sure, but it's still a problem caused by the fact that we have various fairly dumb tax policies.