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Cake day: April 6th, 2025

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  • Lower revenues for residential property means lower prices for land. It means lower prices for buying houses and makes it cheaper for people to own their house or flat. If you are a developer that builds properties, you sell them to individual owners that live there instead of institutional investors like corporations or real estate funds. Wealth tax only applies for people that own big estates. When done well it does not apply to people that own their own property or rent out a few flats.

    That way, super rich people that look for investment opportunities for their enormous wealth make less profit with real estate and move towards other assets. Land owners (who are usually really wealthy themselves) and large investors are the only losers here, and that’s exactly the intention.




  • Fix wealth inequality. Rich people accumulate so much money that there’s hardly any left for average people. Rich people hoard assets like houses and increase their prices and the cost of living. As long as we don’t fix this, things will get worse. As long as politicians don’t fix this other parties will get more popular no matter what they offer.

    Migrants are just scapegoats. They have no lobby, they are easy to blame. They are one piece in a bigger equation. They are used as a ruse to distract from bigger problems. If the housing market was functional it could handle the influx of Ukranian refugees and the way smaller number of refugees from countries like Afghanistan or regions like Africa.

    If countries had funds from wealth and inheritance taxes they could fund a working administration, faster justice systems, working infrastructure and so on. It would be absolutely beautiful and I cannot say why there isn’t a bigger movement for that solution.

    It’s not about taxing 100.000€ in stock, or you inheriting your mum’s cottage, but about taxing people who have been living off intergenerational wealth for decades without ever working at all.