Another economically illiterate government in Europe.
🇩🇰 radical left wing Danish Prime Minister wants to restart the wealth tax that already previously failed and was abolished in 1997.
Around 22,000 Danes with fortunes exceeding 25 million kroner (~$2.6m) would be hit by a 0.5% tax on their total wealth.
As with other countries that tried a wealth tax, the wealthy will change their tax jurisdiction. The govt will bring in less revenue overall.
The radical left in Europe keeps spending money on Ukraine, illegal migrants in Europe and their welfare state. Instead of cutting spending, they keep trying to tax more.
The top marginal income tax rate in Denmark is 60.5%, and then you pay 25% VAT when you buy anything. Now they want to add a wealth tax on top?
Seriously, as an entrepreneur, would you want to live and create jobs in Denmark, or would you emigrate?
@philcoombe99@KasperLihn Ligesom andre vækstaktier, blev danske SaaS selskaber også hårdt ramt af de stigende renter i 2022 - hvis markedet efter Powells tale i går forventer pivot i efteråret 2023 kan det måske betyde et rebound for vækstaktier - bliver interessant at følge
@KasperLihn Bliver interessant, når selskabet kommer med regnskab om en måneds tid - rentefølsomme softwareaktier vil nok stadig være volatile i det nuværende makromiljø #AI
5. Don’t shy away from making changes to the leadership team
Read the full article by McKinsey: "Hard choices: How Europe’s fastest-growing start-ups become unicorns"
Focusing on 2022, green investments have accelerated following the geopolitical situation in Europe. In the report, we also take a look at how small and mid-sized #GreenTech companies are valued in the Nordic region.
Full report: https://t.co/esYK74iaTr
https://t.co/r7NbKqKrhv
In our newly launched Software-as-a-Service (#SaaS) report, we provide insights into the SaaS business model, market trends, valuation perspectives as well as deep dives into the #Danish SaaS sector
https://t.co/m7o5z5tmVB
Download the full #Report: https://t.co/vJzplW2PFj
My latest tweets have mostly been bad news, which saddens me, particularly during holiday season.
Today I’ll take you to my Happy Place, with some thoughts on why we could be in good shape – and maybe even great shape – in 6-8 weeks.
A 🧵(1/24)