Re:EFF to FinCEN: Stop Pushing for More Financial Surveillance
by erk__ on Tuesday January 05, 2021 @05:29AM
(#25644083)
If you pull up a list of countries by tax rates and some quality of life index they seem to be pretty corrolated so I would not say it is an outlier, where as the outliers are those with low tax and high QOL for example UAE, Oman and Qtar, but all those have a pretty significant income in another way compared to most countries.
[ Parent
| on HN ]
Re:EFF to FinCEN: Stop Pushing for More Financial Surveillance
by throwaway0a5e on Tuesday January 05, 2021 @07:48AM
(#25644953)
I think you have the causation backward. The poorer the country the less of a cut the government can take without bringing everything crashing down. These places are low tax because they cannot afford to be high tax.
If you look at local taxes and fees between US cities the same pattern emerges.
Re:EFF to FinCEN: Stop Pushing for More Financial Surveillance
by ajkdhcb2 on Tuesday January 05, 2021 @08:18AM
(#25645166)
I think this is exactly right. Low tax jurisdictions are also often desperate to attract business. Mobile people are willing to pay high tax only when they get something else like stability and high quality of life
Re:EFF to FinCEN: Stop Pushing for More Financial Surveillance
by AshWolfy on Tuesday January 05, 2021 @11:11AM
(#25646957)
The US is wealthy, has lower taxes, and lower happiness than similar countries
Re:EFF to FinCEN: Stop Pushing for More Financial Surveillance
by icelancer on Tuesday January 05, 2021 @07:26AM
(#25644824)
>> If you pull up a list of countries by tax rates and some quality of life index they seem to be pretty corrolated
Try correlating restrictive immigration policies and quality of life index. Should we tax people a lot and make it very hard for immigrants to become citizens? Scandinavian countries do precisely both.
Re:EFF to FinCEN: Stop Pushing for More Financial Surveillance
by alkonaut on Tuesday January 05, 2021 @10:41AM
(#25646637)
> make it very hard for immigrants to become citizens? Scandinavian countries do precisely both.
As a Swede, all I can say is..."excuse me, Wat"?
Re:EFF to FinCEN: Stop Pushing for More Financial Surveillance
by icelancer on Tuesday January 05, 2021 @04:23PM
(#25651271)
Compare the racial makeup of Sweden and immigration policies (citizenship, not permanent resident) with the United States.
Re:EFF to FinCEN: Stop Pushing for More Financial Surveillance
by krageon on Thursday January 07, 2021 @06:17AM
(#25669752)
Compared to the US almost every country has lax immigration policies. Specifically for Sweden, I would say that it doesn't have significantly more strict immigration policies (language, job skills that are required) than any other EU country that someone would actually want to emigrate to.