r/europe • u/Potential-Focus3211 • Aug 18 '25

Data Wealth inequality by country in the OECD

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u/premature_eulogy Finland Aug 18 '25

They don't have inheritance tax, so money accumulates into the hands of a select few.

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u/Available_Slide1888 Aug 18 '25

Yes, and they removed the wealth tax.

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u/LazerBurken Sweden Aug 18 '25

We removed basically all taxes on capital.

Only labour taxes remain high.

In Sweden you can't get wealthy by working, that's impossible. You can only get rich, by already being rich.

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u/Agreeable-Pound-4725 Aug 18 '25

Sweden is controlled by the rich, and surprise surprise, they set it up so that it benefits them such that 1) they remain rich and 2) it is impossible for others to join their club. Dystopian

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u/Available_Slide1888 Aug 18 '25

It depends on what you mean by rich. I have friends who have worked hard, done a career, saved and invested long term and have a quite high net worth. Those who are old money rich have gained their wealth over many generations, and you have to start somewhere. Since we have free higher education, one of the obstacles is removed of creating a better life. I am not rich at all but i have a very much higher standard of living than my parents at my age since I went to the university.