Amazing! :o
myrmidex
joined 3 days ago
The karma system increases engagement, which entices shareholders, resulting in an increase of share price.
I don't. Some of the reasons: I have way too many hobbies so my free time is precious, too many people on this planet already, raising a child costs 250K, we live too far away from our parents for any free babysitting, the current society is not one I want my child to grow up in, ...
Ahhh I hadn't considered that. It's a good reason to switch.
What's the issue to switch to dumb phones? Tracking SIM cards? Cookie and other web tracking by big tech? The smart phone as a spying device? Can't be SIM tracking, as dumb phones would have that issue too. I guess the latter is easily resolved by using GrapheneOS, and I imagine the second one by a having good privacy setup. Any other reasons?
I'm just wondering, as I was imagining switching to a dumb phone. I wouldn't be opposed, and I don't think I'd miss much, mainly email and lemmy. However, I would love to no longer have an easy map at hand, and actually having to look for places, and asking for directions. As for a weather app... I could just ask for the weather forecast when I'm asking for directions ;)
TIL! Never heard that definition, thanks for that.
As for your point, it's one I like to make sometimes, even though I'm fully in favor of veganism. One just cannot avoid trampling ants when walking. It's such a fine line, even a paradox that keeps sucking me in. None of the extremes would work: eat everything vs eat nothing. The line drawn by society will always seem arbitrary, no matter where it's at.
Interesting coincidence: Ryanair raises its fines right after the EU eases compensation rules for delayed flights. Almost like they were waiting for it.
Will future generations ever look at trees the way we look at primates today?
I imagine that would spell trouble for our eating habits.
It seems we've entered a post-satire world.
Wow, your post sent me down quite a rabbit hole. I suspected 94% was rather high, this page puts it into clearer perspective:
The “exceedingly high” part of this question most likely refers to the federal income tax’s “confiscatory” top rates coming out of World War II, which the Eisenhower Administration left in place into the 1960s. During the war, the top “marginal rate” was 94%, but 94% of what? Then as now, income tax rates moved up at distinct break points. In this made-up example, consider a 15% rate up to $25,000, 21% from $25,000 to $50,000, and 25% over $50,000. Those making $50,001 or more won’t pay a quarter of their total income, but rather 15% of the first $25,000, 21% of the next $25,000, and 25% of everything above $50K. That’s why the system is called progressive - the percentage rate progresses upward with income, but the higher percentage applies only to new (marginal) income above each break point. In 1944-45, “the most progressive tax years in U.S. history,” the 94% rate applied to any income above $200,000 ($2.4 million in 2009 dollars, given inflation).
Very few individuals encountered this top rate, however. The actual proportion of earnings citizens paid as income taxes in 1945 was far lower: for the poorest 20% of Americans, 1.7%; for the next 20%, 6.2%; for the middle quintile, 8.9%, for the upper-middle 20%, 10%; and for the wealthiest quintile, 20.7%.
Still, your point stands, taxes can be an instrument for (more) equality. The article I referred to (see another reply of mine for the full article) also gives an example of how taxes can be fairer, and also gives an example of a time in Italy when they were.
It's a paywalled article in Dutch, so I used AI to translate it. The dude is from The Netherlands, but he's mainly referring to the situation in Belgium (interview was in a Belgian magazine). So 'De Wever' refers to the Belgian prime minister, let me know if anything else is unclear, as I didn't check the whooole translation :)
This Dutch tax expert wants to overturn our tax system: “That capital gains tax you have is an excellent idea”
Published: June 10, 2025 · By Peter Casteels
A Dutch tax expert, Reinier Kooiman, wants to completely upend our tax system.
Reinier Kooiman proposes abolishing all taxes and replacing them with a single wealth tax. “Why can’t the government take a small amount from your savings, but it can take 50% from your income?”
Forget the wrangling in the De Wever government about the capital gains tax. During coalition talks, that new tax sparked the toughest debates—but after four months in power, there’s still no compromise.
Compared to total public spending, it’s largely symbolic. In his new book, aptly titled The Strongest Shoulders, Kooiman offers a much more radical, yet well-founded, proposal: eliminate all taxes and replace them with one clear wealth tax. He’ll now try to convince you.
That wasn’t his initial goal. Kooiman—affiliated with the University of Amsterdam and formerly at Deloitte—intended to write an academic history of our tax system. The Strongest Shoulders is partly that. He drew inspiration from medieval Italian city-states.
Kooiman: “My research was purely historical; there was no real history of our taxes. I wanted to trace the principles behind them. Obviously, as a tax expert, I had my own ideas. But only after comparing medieval times to today did I gain new insights.
I had never realized our system redistributes from the poor to the rich. Our taxes vastly increase inequality, while like many, I assumed the opposite. In the Italian city-states, a uniform wealth tax was levied on everyone. Primitive as it sounds, it’s fairer than today’s system.” How it works
Kooiman explains: everyone pays income tax based on ability, but indirect taxes like VAT, excise, and tariffs are flat. Lower-income people spend a larger share of income on consumption, so proportionally pay more taxes.
In countries like the Netherlands and Belgium, income inequality is moderate, but wealth inequality is extreme. Our tax system causes it: wealth is never taxed, while low- and middle-income people struggle to build wealth because they pay too much income tax.
The wealthy can accumulate more easily. Simply raising income tax rates won’t reduce inequality; the super-rich would own an even greater share of wealth overall. Lessons from medieval Italy
Kooiman: “City-states only taxed when major expenses arose—like war. If Genoa needed 4,000 libra, and total wealth was 400,000 libra, everyone paid 1% of their wealth. Tax rates varied yearly, but contributions were equal. They measured ability by wealth, not income.” Modern feasibility
Kooiman admits medieval governments were smaller, less bureaucratic, and more local. Today’s centralized, anonymous systems have moved tax collection far from citizens. Governments now take ~45% of GDP in taxes without public debate over who pays. Why wealth tax fell out of favor
As city-states grew, taxing wealth became complex. Since the 18th century, economists pushed income-based taxation. With capitalism’s rise, capital needed for investment—like railways—shouldn’t be taxed. Kooiman calls this “elitist rhetoric”: if total tax revenue stays the same, there’s still plenty of capital.
No evidence suggests the wealthy manage their money better than those living off income. Practicality
Belgium and the Netherlands already have inheritance taxes, meaning declaring estates isn’t too hard. Income tax on labor might be easy, but capital taxes provoke debate—just look at capital gains tax arguments.
Wealth isn’t volatile, so it’s manageable: if someone reports much less, tax authorities can inspect. The exchange
Freedom and equality guide Kooiman: tax shouldn’t redistribute wealth—redistribution should occur through government spending. People should end up equally rich before and after taxes, achieved by a flat wealth tax. A millionaire pays more in absolute terms but the same percentage—no special targeting.
“A millionaire will pay a lot—but can’t claim they’re being singled out.” Rate needed
Kooiman estimates around 8.5% for the Netherlands; Belgium would be similar. The system is simpler and cheaper. Millions of families currently pay income tax to get social benefits—without income tax, they might not need those benefits. Impact by age
Yes, paying 8.5% of assets annually is steep, especially for homeowners. But young people would pay less and have more chance to buy homes; over-50s would pay more. He estimates young people would benefit and older people would see slight drawbacks.
“On average, people under fifty would pay less; after fifty, a bit more.”
He argues that many older people leave large inheritances—money that sits idle. Meanwhile, younger generations bear heavy income tax burdens. Asset scrutiny concerns
Critics say wealth taxes mean inspecting paintings or wine cellars. Kooiman says no exemptions: otherwise, people hide value. But he believes it’s manageable until inconsistencies arise—then the tax office can investigate. Resistance
“The opposition is immense: it feels like theft.”
Kooiman responds: “Why take 50% from income but not from savings? In my system, no one can say money is taxed twice [income vs. wealth]. We all believe in rewarding work—but in practice, inheritance or lucky sales reward people most. We disadvantage hard workers.” Capital flight
Could wealthy flee or hide assets? He says there are two flight types: moving abroad—which is exaggerated as many resist that—and moving capital via corporations. International tax avoidance is tighter, but tax cuts reduce capital flight fears. Countries used to have 70% top rates; now harder to avoid, maybe rates can rise.
“Capital flight concerns are overblown. Many people won't emigrate just for taxes.” His background
He left Deloitte for law firm Stibbe, and teaches at the University of Amsterdam. He notes fiscal firms both help clients avoid taxes and shape tougher laws. They are not a “trick box”—the system doesn't work like that.
He supports Belgium’s capital gains tax. Simplification plea
Tax reforms are politically sensitive. Belgium keeps adding complexity instead of simplifying. A standalone wealth tax would be a step, but only if paired by eliminating other taxes. Otherwise, people won’t embrace it.
Book: De sterkste schouders, Atlas Contact, 352 pp, €24.99 Bio: Born 1990 in Deventer; tax law at Univ. of Amsterdam; PhD in 2016 on inheritance tax; Deloitte 2009–2025; joining Stibbe; lecturer at UvA.
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They all just want to be good boys for Daddy.