jespinel

Well, that was harder than expected.

I thought CDs were (mostly) no longer being produced. I'm surprised this decision was not made years ago.

Sure! I can also be an adult, have fire detectors and insure my property against fires instead of hoping for the goodwill of the community or the government.

That works in a world where everyone has equal knowledge and ability all of the time.

That ^ is mostly true today.

If you have access to Polymarket or Kalshi, you have internet access. If you have internet access, you have access to more public knowledge than any previous generation.

Whether you use the internet to educate yourself or to gamble should be your choice. But starting today, it is no longer your choice in Spain.

Super low income taxes?

The general income tax brackets break down in Germany is as follows:

- Up to €12,348: 0% (Tax-free allowance)

- €12,349 – €69,878: 14% to 42% (Progressive increase)

- €69,879 – €277,825: 42% (Proportional rate)

- Over €277,826: 45% (Reichensteuer or "rich tax")

Source: https://www.expatrio.com/about-germany/german-tax-system

IMO: that doesn't look "super low".

A better tax system is the one used by Estonia: a flat tax rate of 22%

Source: https://taxsummaries.pwc.com/estonia/individual/taxes-on-per...

IMO, this is one of the main strengths of the US: you have 50 different options to live according to your values and beliefs, and relatively little friction if you decide to move to a state that better reflects them.