this post was submitted on 19 Nov 2024
18 points (90.9% liked)

Europe

1656 readers
620 users here now

News and information from Europe πŸ‡ͺπŸ‡Ί

(Current banner: La Mancha, Spain. Feel free to post submissions for banner images.)

Rules (2024-08-30)

  1. This is an English-language community. Comments should be in English. Posts can link to non-English news sources when providing a full-text translation in the post description. Automated translations are fine, as long as they don't overly distort the content.
  2. No links to misinformation or commercial advertising. When you post outdated/historic articles, add the year of publication to the post title. Infographics must include a source and a year of creation; if possible, also provide a link to the source.
  3. Be kind to each other, and argue in good faith. Don't post direct insults nor disrespectful and condescending comments. Don't troll nor incite hatred. Don't look for novel argumentation strategies at Wikipedia's List of fallacies.
  4. No bigotry, sexism, racism, antisemitism, dehumanization of minorities, or glorification of National Socialism.
  5. Be the signal, not the noise: Strive to post insightful comments. Add "/s" when you're being sarcastic (and don't use it to break rule no. 3).
  6. If you link to paywalled information, please provide also a link to a freely available archived version. Alternatively, try to find a different source.
  7. Light-hearted content, memes, and posts about your European everyday belong in [email protected]. (They're cool, you should subscribe there too!)
  8. Don't evade bans. If we notice ban evasion, that will result in a permanent ban for all the accounts we can associate with you.
  9. No posts linking to speculative reporting about ongoing events with unclear backgrounds. Please wait at least 12 hours. (E.g., do not post breathless reporting on an ongoing terror attack.)

(This list may get expanded when necessary.)

We will use some leeway to decide whether to remove a comment.

If need be, there are also bans: 3 days for lighter offenses, 14 days for bigger offenses, and permanent bans for people who don't show any willingness to participate productively. If we think the ban reason is obvious, we may not specifically write to you.

If you want to protest a removal or ban, feel free to write privately to the mods: @[email protected], @[email protected], or @[email protected].

founded 5 months ago
MODERATORS
top 12 comments
sorted by: hot top controversial new old
[–] [email protected] 38 points 4 weeks ago* (last edited 4 weeks ago) (1 children)

We could also halt the decline in capital flight to tax havens and "allies" bribing our CEOs to relocalize elsewhere. That would help! We could also halt tax avoidance for the 1%. The year where Mærsk had the largest profit in its existence it paid 1,5% effective tax, just to name one!

edit: spelling

[–] CAVOK 12 points 4 weeks ago (1 children)

More integration between member states would help too.

[–] [email protected] 2 points 4 weeks ago (1 children)

Aye aye, especially if it would promote everyone in the union to first class citizens.

[–] [email protected] 1 points 4 weeks ago (1 children)
[–] [email protected] 2 points 4 weeks ago (1 children)
[–] CAVOK 1 points 4 weeks ago

Never been, but I have plans to visit both.

[–] [email protected] 14 points 4 weeks ago (1 children)

Weird. Despite the huge growth over the past decades, the social systems mostly became worse. What did they do different in 1990 that they managed to make more oit of the lower economic output?

[–] TheGrandNagus 8 points 4 weeks ago* (last edited 4 weeks ago)

Two main factors, I'd imagine:

  • People living longer (and the care to look after them becoming vastly more expensive, and more and more taken on by the state rather than family as in the past), meaning the ratio of workers to pensioners is getting more and more unsustainable every year.

  • Parasitic billionaire/multi-millionaire class siphoning as much money as they can from people, and abusing tax loopholes so they pay very little back to the very system that gave them their wealth in the first place.

[–] [email protected] 9 points 3 weeks ago (1 children)

https://taxjustice.net/reports/the-state-of-tax-justice-2024/

Countries are losing US$492 billion in tax a year to multinational corporations and wealthy individuals using tax havens to underpay tax, the 2024 edition of the Tax Justice Network’s State of Tax Justice finds. Nearly half the losses (43%) are enabled by the eight countries that remain, as of writing, opposed to a UN tax convention: Australia, Canada, Israel, Japan, New Zealand, South Korea, the UK and the US.

[–] CAVOK 4 points 3 weeks ago (1 children)

Surprised to see Canada and NZ on that list. I thought they were pretty progressive.

[–] [email protected] 2 points 3 weeks ago

Being progressive and a tax haven are not mutually exclusive

[–] CAVOK 3 points 4 weeks ago