Sweden has no capital gains tax

[Woke456]

This is why there's more billionaires per capita than any other country.  If you expand your business, you keep the money.

[Leo Gura]

Capital gains is rarely a result of expanding your biz. Most captial gains is earned by people who don't work in the biz at all.

[Hardkill]

Just now, Leo Gura said:

Capital gains is rarely a result of expanding your biz. Most captial gains is earned by people who don't work in the biz at all.

Btw, I think Biden is still wanting to raise the capital gains tax to about 40% in the US. How likely do think that is going happen?

[sorrytoch]

Actually Sweden has a flat capital gains tax of 30%

[Leo Gura]

20 minutes ago, sorrytoch said:

Actually Sweden has a flat capital gains tax of 30%

Correct

Thanks for the fact-check.

Locked for fake news.