EU bureaucrats have now realized that the EU is not competitive because it lacks private investment, so they are looking for ways to entice citizens to take risks and invest in stocks like the average American.

It will be interesting to see how politicians and their media propagandists will now solve this problem. Because their worldview, mentality and culture tell them that capital is evil and that it should be taxed progressively.

To encourage private investment, Europe will have to drastically reduce taxation of capital, capital market income and profits.

How will they reconcile these two irreconcilable principles?🤡

#bureaucrats #EU #taxation