The US is less one country than the EU members are and we are a long way off of becoming one.

Most of the world also requires annual reports to be made public

Yeah ofc, it’s another way of funding a company and the investors want their return on investment as well. Our savings, pensions, index funds etc are also investing in these publicly traded companies and we also want whatever roi we can get.

Governments just need to do their fucking job to prevent ani consumerism. But considering there are still a lot of people defending stupid rules and regulations (especially about anti consumer practises in the US) I doubt it will change anytime soon.

Or just sell the non processed eggs that’s easier since they don’t need to be refrigerated

The article says he agrees with one point of the Trump administration, where I come from that doesn’t mean you support the entire administration’s point of view, but I might be wrong about that in the US

I am of the camp that all rules should apply to everybody and that includes social standards. If it is wrong to say something to person A it is also wrong to say the same to person B.

But I am not American and idk who this person is and how he is “objectively evil” so I might be entirely wrong in this case.

Sorry not American and I cannot follow what everybody is doing. What is this guy doing to hurt others? And why should I hate him?

Can we also sue Musk and Trump for their bullshit if we don’t live in the US? Fuckers like that are destroying more than just the US

Probably 10-15 years ago or something

No it isn’t people investing and expecting massive ROI are already part of the problem. They are driving companies to generate as much profit as possible.

You need a salary of 350k a year after tax which is like a 700k salary before tax. Or more likely you need a good company and yeah they will be evaluated for a sale for in the milions, but generally that is incorrectly counted towards your net worth. Since you are counting future income from the company towards your net worth.

Yup, but most people have savings or some kind of pension, both are often put into the stock market by the bank or pension fund to give us the interest we want.

We need to try and exercise more of our power as stakeholder in these companies, in the end we still have the power to not use products from these massive corporations. Stop order from shit like Amazon, but go and order from smaller stores, switch search engine and browser, etc.

I bought it because 7-zip was shit back then so yeah ill stick with WinRar

Meanwhile Google wont even update street adresses that are 10+ years wrong ffs

Because we live in 2025 and swearing hasn’t really been sensored for decades? Or is the US not following that trend either?

People should really learn to understand that there is a lot more nuance to be had around politics. Having criticism on somebody doesn’t mean you sight up to “the other side”.

Thank you for sharing your criticism

It’s calles the Gulf of Mexico, people should stop using different names in different languages and use the actual name.

Like The Netherlands is called The Netherlands and two of it’s provinces are called Holland

The US requiring credit cards is part of the problem why people have money troubles. It’s a lot less transparent than just using bankcards (or cash). The whole credit system mostly benefits older people and richer people than starters. It should be that if you don’t have debt your need to pay monthly on you should be able to take a mortgage for the max amount. In the end if I can spend 1000$ a month for a mortgage and I have zero other monthly loan payments I should be able to get a loan which requires a payment of 1000$.

Edit: budgeting using a free tool like Actual Budget can help you give some more headspace

That whole box 3 system was shut down by the government following a judge.

We need more checks on the system required to keep companies in check. Aka accountants, like I said getting enough is already and issue.

And no I am not talking about outliers, but I have no way of proving it either due to the rules I am bound to I cannot share information about my clients. But there are multiple who use 2, 3 or maybe 4 BV’s to be more tax efficient. But that is mostly inside the same country. Go and order some annual reports if you want to see more data, sadly for this they are pretty empty.

You have a different view then me and that is fine. Believe what you want, but until I see different in practise I aint gonna believe that wealth tax made ik the way most of us want is going to be possible let alone make economic sense

They are working for a reason to fix the Box 3 tax system, but the judge made them stop the next year.

Call it what you want that people can abuse international structures. It is legal and it’s going to stay legal for a while since there are also valid reasons to setup an international structure. Especislly for bigger companies.

Evaluating companies is subjective or well at least for the sale of the company it is. The seller will always value his work a ton and the buyer will always under value that work. Then there are also synergystic effects that will affect the value. Ow what do you think of evaluating hard to sell stock? Or living stock like animals? Even then a balance sheet is still a snapshot of a company.

Idk if you have ever done any valuations yourself, but standardising them is pretty hard. It is possible to some degree for which I agree. Now if you find a good way to do that efficiently and fair to everybody please let me know then I can pass it on. Or if you know some good ways to fix the capacity in accounting let me know. (Not bookkeeping)

I am not Cherry picking situations, just think about it. Upto a revenue of 15 million (actually it can be more, but let’s just stick with that 15M) I can hope that you can make a profit of 1 or 2m a year. Often you will split this between multiple companies for tax and security reasons, but consolidated it should earn you a pretty penny. There are outliers and I also have seen companies who have 30-40m revenue (which we consider medium sized companies), but only 1 or 2m profit every year.

More people working in the accounting field is an upside to me so I am all for it. If we need to start evaluating companies every year it would be beneficial to me and the company I work for (assuming we can get the capacity).

Look for say 20-30k you can set up a company in a different country with lower tax rates and move your profits there. That’s what a lot of companies do to make it so they can pay less taxes. You need multiple countries to cooperate (something the EU is doing on this front, but it takes forever to adapt everything). It’s way easier to tax the millionaires more, they have fewer options to bypass taxes using complicated structures (over multiple countries). I am saying start there, because that will help governments close the gap in their budget.

Evaluating anything is subjective, that’s why they often do at least two evaluations when a company is being sold. At least here in NL, where we don’t spend a lot of the military and the Ukraine war is only 2200 km away. We do buy out farmers to reduce the amount of farmers to lessen the CO2 emissions of our country, but that is beside the point. As I said, our old wealth tax system was shut down because it was unfair. The tax office in NL assumed everybody had a 4% interest on their savings (above 30k) and other assets that fell in that category and that was taxed. Due to the interest being below 4% (or even being negative) people were taxed unfairly. Including a lot of the middle class who already pay a lot of taxes. Finding other people who are willing to work in accountancy or as evaluators are hard to find. I love my job, but a lot of people think it’s boring or have other wrong ideas about the job.

At least here in NL and other countries with a social security system that is complicated people mess up when doing their taxes or applying for their social security. I sadly see it way to often even with clients of mine. That’s more my point with that the bureaucracy can be to complicated.

You are wrong that every small company or company owner is struggling to survive. Some are yeah, especially once who have had a lot of issues due to COVID and gotten COVID support they need to pay back. Others are making 1 or 2 million profit per year or more. A small company in The Netherlands is a company with below 50 full-time employees, less than 7.5m balance sheet total and less than 15m revenue. This caused these people to pay less taxed percentage-wise than say a working middle-class person and this was easier to do something about. I would love to see somebody like Musk to pay 99% taxes on every dollar he makes, but I am sceptic that it is feasible and I think we should start with easier stuff. That is more my point.