Showing posts sorted by relevance for query unicorn. Sort by date Show all posts
Showing posts sorted by relevance for query unicorn. Sort by date Show all posts

4.04.2024

Finally someone says what many are thinking

For transparency and my own agenda, I strongly dislike our previous government, the Social Democrats with the support of the Green Party and the tacit acceptance of the Left Party, who ruled Sweden for 8 years. At the last election, I voted for the current government.

My opinion is that politics is ultimately about pitting different groups against each other. Each state and/or country has a certain amount of tax dollars each year to be spent on the residents. In democracies, the idea is that power comes from the people and that the people, through democratic elections, decide how this tax money should be distributed each year. 

Sweden has one of the world's highest tax burdens. Currently, Sweden's tax burden amounts to 44% of GDP, while Switzerland, for example, only has a tax burden of 28% of GDP but considerably better welfare.

The city and municipality of Malmo governed by social democrats, which receives approximately half a billion dollars in municipal equalization system every year, spends this tax money on many things that do not belong to a municipality's core business.

Among other things, they have a pink unicorn, the most communicators in the country and now they have bought the rest of Love Park from Philadelphia.

This has now finally caused one of Stockholm's neighboring municipalities, Lidingo municipality, to react and say that Malmo's way of using the tax equalization tax is quote "a catastrophic failure" unquote.

8.05.2023

Tax money at work...

In Sweden, there is something called municipal economic equalization.

This means that money is transferred from prosperous municipalities and regions to poor areas. The aim is that the affected municipalities and regions should be able to provide equivalent service for their municipal citizens regardless of conditions that are difficult for the municipality to influence.

Unfortunately, it happens as always when it's "nobody's money". It is wasted.

The City of Malmo, also Sweden's third largest city, makes up 25% of its total revenue with contributions from the municipal economic equalization system. Despite this, in 2020, the city of Malmo hired a communications agency whose sound engineer recorded sounds from different parts of the city and created Malmo's own sound identity. The cost of this at the time was $42,000.

During 2021 the city chose to buy a pink plastic unicorn to place in one of the city's squares. Which at the time of purchase cost almost $73,000.

This year, Malmo has chosen to organize a festival that will be free of charge for visitors. During this festival, the city has hired Swedish House Mafia to broadcast a live concert. The cost of this concert is $26,000. The Social Democrats have governed in Malmo since 1994.

Malmo should be subject to a PURCHASE BAN or not be approved for further contributions.


Click to enlarge

3.13.2024

"Nobody's" money

It is common knowledge that it is easy to trade with other people's money. A clear example is tax money. Since tax money is money that is allocated to the state and municipalities without any work input, this money is valued less.

Since there is no clear sender and the fact that this money is given and expected, it makes it easier for people who handle the tax money to steal or waste it on things that do not belong to the core business. For example, a camel farm or a unicorn.

Most Swedes are in control that they pay income tax, capital tax and value added tax, but in addition to this we also pay various excise taxes which are special consumption taxes on specially selected goods and services. Another example is that the Swedes pay 25% VAT on the energy tax.

The result is a tax burden of over 50% and the biggest expense a Swedish household has.

Final Post – This Blog is Now an Archiv

Dear readers, After many years on Blogger I have finally moved my new writing to a more stable platform. This blog will remain online as a c...