Economy · first published 2025-01-12
Inheritance tax and building wealth | Sami Miettinen on Kuuntelija
Sami Miettinen as a guest on Roni Arvonen's Kuuntelija on Finland's most hated tax. The core argument is not about revenue: inheritance and gift tax raises around €1.3bn out of an inherited pot of some €7bn, but the damage is compounding cut off at the moment it has the most time left to run. Nobody inherits a sack of cash — they inherit a flat in a place with no market, held in an undivided estate, with the bill due before anything can be sold. Also covered: Sweden's 2005 abolition, an owner economy against a Finland owned by Solidium and the pension system, the euro and the payments imbalance, Poland, and whether Finland needs its own DOGE.
Inheritance tax and building wealth | Sami Miettinen on Kuuntelija
Summary: Sami Miettinen as a guest on Roni Arvonen’s Kuuntelija on Finland’s most hated tax. The core argument is not about revenue: inheritance and gift tax raises around €1.3bn out of an inherited pot of some €7bn, but the damage is compounding cut off at the moment it has the most time left to run. Nobody inherits a sack of cash — they inherit a flat in a place with no market, held in an undivided estate, with the bill due before anything can be sold. Also covered: Sweden’s 2005 abolition, an owner economy against a Finland owned by Solidium and the pension system, the euro and the payments imbalance, Poland, and whether Finland needs its own DOGE.
Key Themes
- Introduction — and what Grok says about Sami Miettinen: Discussed from 0:00 onward.
- YLE: Discussed from 2:51 onward.
- Owning things is dangerous: Discussed from 5:15 onward.
- Finland’s most hated tax: Discussed from 6:50 onward.
- Is inheritance tax an efficient tax: Discussed from 11:40 onward.
- Wool-jumper economics: Discussed from 12:20 onward.
- The Swedish model and what abolition did there: Discussed from 16:25 onward.
- Do you have to accept an inheritance: Discussed from 21:50 onward.
- Who should you vote for: Discussed from 31:40 onward.
- Is inheritance tax free money: Discussed from 48:10 onward.
- The euro and the payments system: Discussed from 57:45 onward.
- What can we learn from Poland: Discussed from 1:09:21 onward.
- Do income differences widen if the tax goes: Discussed from 1:18:55 onward.
- How to reduce an inheritance tax bill: Discussed from 1:20:12 onward.
- Does Finland need its own DOGE: Discussed from 1:25:33 onward.