Every country taxes their wealthy. Some more, some less, but Finland doesn’t have a wealth tax.
And low income inequality doesn’t mean much if capital gains and inheritance aren’t considered income (and taxed as such). For example, I could earn 50k€/year in income but have 1M in bonuses, and 1M in capital gains, and inherit 5 homes which allow me to buy another home and pay it through rent that isn’t considered income. In income, I’d be exactly equal as somebody else who earns 50k€/year but has no other wealth.
The Gini index is bad at expressing that.
Sure, Germany’s AfD party has 20% but it didn’t get into a coalition.
Every country taxes their wealthy. Some more, some less, but Finland doesn’t have a wealth tax.
And low income inequality doesn’t mean much if capital gains and inheritance aren’t considered income (and taxed as such). For example, I could earn 50k€/year in income but have 1M in bonuses, and 1M in capital gains, and inherit 5 homes which allow me to buy another home and pay it through rent that isn’t considered income. In income, I’d be exactly equal as somebody else who earns 50k€/year but has no other wealth.
The Gini index is bad at expressing that.
Sure, Germany’s AfD party has 20% but it didn’t get into a coalition.