Iron retweeted
There was once a shepherd who found a wolf caught in a snare at the edge of his pasture.
The wolf begged to be freed.
“I was hungry,” it said. “That is all. Spare me, and I will remember your mercy!”
The shepherd cut the rope.
The next night, three lambs were gone.
Again the shepherd found the wolf. Again it pleaded. Again the shepherd convinced himself that mercy was proof of his goodness.
By winter, half the flock was dead.
An old farmer finally asked him, “Why do you keep freeing it?”
The shepherd answered, “Because I refuse to become cruel.”
The farmer looked at the empty field and said, “Then understand what you have done. You were not merciful to the wolf. You were cruel to everything that trusted you to keep them safe.”
That’s the lesson.
Mercy without judgment isn’t virtue. When someone openly intends to destroy what has been entrusted to you, endless forgiveness doesn’t make you righteous. It makes everyone behind you pay for your vanity.
Iron retweeted
🇳🇴Norway's wealth tax was so harsh that 27% of the country's 400 richest people left.
Did the government realize it had gone too far and reverse course?
No. Instead, it erected a fiscal Berlin Wall to stop business owners from leaving.
Here's what happened next:
The crazy story of how Norway🇳🇴 gifted 5,000 millionaires and $100s of billions to Switzerland🇨🇭in just 2 years:
In 2022, Norway raised its wealth tax to 1.1% (highest in Europe) and its capital gains tax to 38% (2nd highest).
It made it virtually impossible to preserve wealth in the country and forced Norwegian millionaires out of the country.
Here's how:
If you have $100m in taxable wealth (to pick a round number), you need to pay $1.1 million in wealth tax each year.
But where do you find that $1.1 million? Well, you have to sell off assets.
But if you sell $1.1 million of assets, this triggers a 38% capital gains tax, leaving you with just $682k (not enough to pay the wealth tax).
So you have to sell MORE assets.
To pay both the wealth tax AND the capital gains tax on the money you were forced to raise, you actually have to sell assets worth closer to $1.8 million.
Then you need to pay the entire $1.8m to the government - JUST TO KEEP THE MONEY YOU ALREADY PAID TAX ON WHEN YOU MADE IT IN THE FIRST PLACE.
In other words, if you do nothing, you lose 1/50th of your wealth every year. And this doesn't even account for inflation or bear market years.
It often also means losing control of your company, since you have to sell shares every year.
And if you're a startup unfortunate enough to get investment at a high valuation, you will have to borrow money just to pay tax on money you haven't even earned yet!
So, 5,000 Norwegians understandably moved to Switzerland, including 500 of the richest people in the country.
And the ones who didn't leave in time, hoping for cooler heads to prevail, got punished severely.
Because when the government saw what was happening, they introduced an EXIT TAX (effectively a financial Berlin Wall).
So now, if you want to leave Norway, you have to pay 38% of the market value of ALL YOUR ASSETS.
And the worst part is that the Norwegian government doesn't even need this tax money in the slightest.
Because thanks to enormous oil and gas revenue, only about 18% of the government's revenue comes from taxes paid by private citizens.
And only a fraction of that from wealth tax.
Norway also has the world's biggest sovereign wealth fund, today worth $1.6 TRILLION, or $320,000 per Norwegian.
Even if Norway didn't collect a single dollar in tax, it could still fund government spending for a decade using the money in that fund.
The Norwegian government does not need the money. It is simply greedy and spiteful.
Why would anyone EVER build anything in Norway?
This is how you destroy the private sector as fast as possible.
I suspect this is what this government ultimately wants since they can then control the remaining population with handouts.
Some loopholes still exist, but they are closing fast.
If you're a Norwegian who wants to get out of this abusive relationship, let me know, and I will put you in touch with people who can help.
Iron retweeted
Lewandowski has gone through so much in his life. Lost his father when he was 16, was doubted and told that he wouldn’t make it pro because he was too skinny. Then he got death threats from Dortmund fans in his first season at the club because he was not showing off his talent.
In 2016 his wife Anna had a miscarriage just before the Euros. In 2020 where he won everything and was the best in the world, France Football decided to cancel the Ballon d’Or where he was the clear winner. The following year he manages to lose the Ballon d’Or to Messi and he places second.
But despite all of this.. he never gave up, and that’s what makes him one of the best.
Iron retweeted
Can we pass a law that says that Government is never allowed to say "free" and instead they must always say "tax-payer funded"?
Iron retweeted
if I were Germany, I would simply score four goals against Paraguay, like the United States men's national team
Iron retweeted
🚨💣🎙️ | Tini, Rodrigo De Paul’s girlfriend, in an interview:
“After the World Cup, De Paul came home very drunk. I had to treat him like a baby because he wouldn’t stop celebrating the title. So I told him I loved him to calm him down. Then he replied, ‘I love you too, Messi.’ I didn’t know what to say after that.” 😂
Why are so many Fortnite kids so weird? Just act normal, I swear you don’t see these kinds of behaviors in other groups
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