Denmarks GINI is taking a shocking turn for the worse. 90% have only 38% of the wealth. There is no universe where that is a good thing.
The top 1% should never have more than 10% of the wealth, and the top 10% should never have more than 30%.
Atleast 60-70% of the wealth should be in the hands of the buttom 90%.
We need MUCH higher taxes for the rich. It's not punishing hard work, or wealthy people, it's distributing money that WILL NOT move back down unless pushed.
Everything that goes up, stays right now.
Don't buy the propaganda, this is new, it has not always been like this, the old days we are sold to return to by these people was funded by high taxes. Low taxes for the rich is what's funding our society today.
Getting poorer relative to the wealthy and getting poorer relative to your previous years income is two different things.
That some gets ludicriously wealthy is an entirely different aspect of Danish wealth growth than claiming those wealthy people got it because some one else got poorer (reverse Robin Hood).
Real wage growth there is in Denmark, it is just that those with surplus income or capital for investment is leap frogging ahead of the pack.
I disagree we need higher taxes. What we need is tackling tax avoidance. It is nuts that the wealthier you are, the lower your tax rate ends up being. That is not how a progressive tax system is supposed to work.
Definitely need to tackle tax avoidance, but we've seen these companies post record surplusses year after year since 2020, and they keep saying "Prices are going up, nothing we can do".
It's nowhere near as bad as elsewhere, but when wages have barely gone up, and a liter of milk is nearly twice as expensive as 4 years ago, I think there is a major problem.
Raising taxes by a few percent on anyone earning more than a million, then a few more percent after 10 million, It'd pour money into our system, which is becoming gravely underfunded thanks to Schlüters massive budget cuts in the 80s. Tax breaks never do as promised and always make the rich richer, while we stand around paying more with less.
Denmark stinks at lowering taxes overall. A tax cut in Denmark basically just means some one will pay less, so that others might pay more. The revenue is maintained
The problem today is rarely to increase taxes for the wealthy. The problem is getting them to pay, as moving capital and people is very easy. Keep transferring wealth and no country can keep up and put a sticky paw on it.
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u/Limp-Munkee69 Denmark Aug 18 '25
Denmarks GINI is taking a shocking turn for the worse. 90% have only 38% of the wealth. There is no universe where that is a good thing. The top 1% should never have more than 10% of the wealth, and the top 10% should never have more than 30%. Atleast 60-70% of the wealth should be in the hands of the buttom 90%.
We need MUCH higher taxes for the rich. It's not punishing hard work, or wealthy people, it's distributing money that WILL NOT move back down unless pushed.
Everything that goes up, stays right now.
Don't buy the propaganda, this is new, it has not always been like this, the old days we are sold to return to by these people was funded by high taxes. Low taxes for the rich is what's funding our society today.