Denmark: We can slash CO2 by 70% in a decade and still have welfare

Re:Denmark: We can slash CO2 by 70% in a decade and still ha... by 0xfaded on Thursday October 01, 2020 @05:11AM (#24648962)

I just want to point out how insane this tax pressure is based on a number I saw today for the first time. 2.2 million Danes are about to receive the equivalent of a 180USD stimulus check. To qualify, you have to have received public benefits within the last year. Denmark has 5.8 million people, and 5m over the age of 20, which I will assume is the age at which a person would become eligible for this type of assistance. That means 38% of all Danes, or 44% of eligible Danes, received government support.

Someone who earns $100k a year is going to pay a combined 55.5% tax rate, 40.6% income tax + 25% consumption tax. Someone making $1m is going to pay 66%, assuming they don't spend it all on cars which attracts an additional 160% excise plus all sorts of other green taxes.

https://nyheder.tv2.dk/samfund/2020-10-01-nu-udbetales-der-1...

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Re:Denmark: We can slash CO2 by 70% in a decade and still ha... by gridlockd on Thursday October 01, 2020 @07:05AM (#24649547)

Disregarding that your numbers are slightly inaccurate, these tax rates need to be put in perspective, because you get a whole lot of service, insurance and infrastructure for it - whether you want it or not.

By comparison, in the "socialist" and "high tax" state California, taxes are nominally lower, but what you get for it is essentially a dumpster fire. Plus, you have to pay out of pocket for healthcare and retirement.

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Re:Denmark: We can slash CO2 by 70% in a decade and still ha... by fogihujy on Friday October 02, 2020 @03:42AM (#24660090)

I didn't mean to critisize the Danish system, and I don't think the GP did either. It was simply an observation, and as said; if Denmark can manage to maintain their system during a time like this, then it's good news for the rest of us.

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