141–150 of 165 posts
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I've heard the argument that, with high inheritance taxes, the heir of a family-owned company has to sell parts or all of the business in order to pay the tax. I don't know enough about the issue to say whether there is some truth to it.
If they sell it other investors are buying it so I don't get this argument.
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Thats case for gymnasiums, right? How about other type of schools? Are they still popular? Here in Czech rep. those vocational only schools are kind of dyin.
yeah, what he says is wrong. there are classes with older pupils (~19-30 years old), but they're the minority. most are, as you kindly noted before, between 15 and 18. and i honestly can't agree on this constant praise for this system. i'm just finishing with my apprenticeship and the school part was a total joke. i think the highlight of my time there was me entering the class and saying 'good morning' to the teache…
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I wonder how/whether increasing the defense budget would help the German economy. Let me just say right away, that I am in no way advocating for increasing the supply of arms and ammunition in the world, which already seems to be at dangerous levels. However, if Germany invested as much in military R&D and a domestic arms industry, I wonder if that would boost the economy as it has done in the US. Also, the immigrati…
_Selling_ weapons to nations not threatening you is a great business. You get to do some R&D, you employ quite a few people (often including manufacturing) and the buyer can't use the thing you sell them to advance their economy. _Buying_ more weapons than you need to defend yourself on the other hand is a terrible investment. If they just sit around and aren't used against someone (or at least the threat of you usin…
Those arms will kill somebody.
It will even kill you in some years, once the friendly country you sold your arms to is no longer friendly.
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Max Weber has you covered: https://en.m.wikipedia.org/wiki/The_Protestant_Ethic_and_the... However, the German economic powerhouses are the Southern states - all of which are predominantly Catholic
In Baden-Württemberg (the South Western state), 37% are catholic and 33% are part of the official evangelical church, with likely a few in smaller protestant groups. Likewise for franconia, which is mostly within the state of Bavaria.
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Well, and that's part of the problem no? When the economy improves why is not the welfare of the Germans improving? If not that their people have a better life, what it means that an economy is going well then? We read about micro-jobs and how some retired people have to work again in one of the richest countries in the world. What is the point of a stronger economy if the life is harder for their inhabitants? I thin…
The thing is that the conditions have changed considerably. In earlier times there were 3-4 people working for every retired person and the average retirement span was ~5 years. Now it's 2:1 and ~15 years in retirement. Something has to give, sadly...
If now 1 person makes the work of 4, why something have to give? Is not the economy producing more than in 'early times'?
Wow, that's a pretty appalling article. Seems to avoid even mentioning the desire of most of Europe to try and learn from what went wrong after the Great War. In 1918-1930 Germany was left so weakened by peace treaties that the seeds were sown for WW2. Post-WW2 the allies felt that a Germany crippled would only bring future wars, and a huge co-ordinated effort to build a sustainable industry and economic growth was p…
If some money would help so much, more contries would be doing better.
If some money would help, more countries qould be soing better.
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Since you used the phrase "trickle down economics" as if it were a formal economic theory, I discount every thing you stated because you don't understand the phrases you are using.
This sort of personal attack will get your account banned on HN, so please don't do it again. Ditto for uncivil swipes like https://news.ycombinator.com/item?id=14435509 . https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newswelcome.html
Wow, that's a pretty appalling article. Seems to avoid even mentioning the desire of most of Europe to try and learn from what went wrong after the Great War. In 1918-1930 Germany was left so weakened by peace treaties that the seeds were sown for WW2. Post-WW2 the allies felt that a Germany crippled would only bring future wars, and a huge co-ordinated effort to build a sustainable industry and economic growth was p…
Okay, first things- first - no lessons where learned, nobody out of the good of their hearts did anything for anybody. The original plan after world war 2 was to turn Nazi Germany into a agrarian border stripe between the two emerging power blocks. This plan was put into action, and some starvation resulted from the dismantling and moving of the factories. The reason this changed is because the cold war tensions, mad…
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The owner could have gifted a small interest in the company to each daughter, grand-daughter, and perhaps their spouses in each year of those decades, letting subsequent value growth and inflation accrue to the surviving family members. And also, perhaps transformed the company ownership structure into a limited partnership as well, claiming a lower market value for the shares owned by limited partners. tl;dr: First…
I asked the same question, and his response was, "do you really think the government hasn't thought of that already?"
Look up "family limited partnership" or see:
http://scholarship.law.marquette.edu/cgi/viewcontent.cgi?art...
https://www.forbes.com/sites/brianluster/2014/03/18/why-form...
Note especially the discount from fair market value for shares of interest in an FLP.
[usual disclaimers - not a lawyer, not legal advice, see a qualified professional in your jurisdiction, etc.]
The problem with tax/estate planning is the same problem as insurance - the time when you really want to have done it is often the time when it is too late to get it. (e.g., founder/owner is dying, building is flooding or on fire, etc.).
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In america you are required to take english, math, physics, chemistry etc. in high school. I am just talking about the post high school years.
Well, it is different system here and in Germany. Vocational study or technical high school is limiting your choices of uni and career paths. Post high school you either go work (you already spent few years on the job during school) or uni. There are tons of jobs that are closed to you when you choose wrong path at the age of 14 or 15 and it is really hard to change the tracks. It is good system for manufacturing com…