Re:Unlike most millennials, Norway's are rich
by jopsen on Saturday July 14, 2018 @09:58AM
(#17530373)
I sometimes jokingly view the welfare state with high taxes as an index fund whose underlying assests is people.
I like it because there aren't many legal means by which I can invest in humans :)
And if you're trying to diversify your portfolio, why wouldn't you want to bet on humans?
Re:Unlike most millennials, Norway's are rich
by flatfilefan on Saturday July 14, 2018 @10:20AM
(#17530444)
Great way to put it! This is literally the argument for the index funds, right? You are profiting from the economic activity of all businesses in the field by paying an index share price = tax.
I think cynicism and acceptance are two sides of the same coin, unfortunately.
One cannot cite high tax levels as a downside without looking at what you get for the bargain. High price is not a downside when you get better value for money.