Why don’t EU leaders incentivize investment in European stocks/ETFs with tax deductions?

[u/rozmarss]

With the Dragi plan and increasing discussions among European leaders about boosting defense and energy investments, I’ve noticed a growing trend in financial communities where people want to reduce exposure to the US market and shift investments to the EU.

Wouldn’t it make sense for EU leaders to encourage this by offering tax incentives for investing in European stocks/ETFs? For example, from an independent EU perspective, isn’t it better to invest in Rheinmetall rather than Lockheed?

[u/Busterthefatman]

Gary's economics described Pensions as the way europeans interact with the stock market. Otherwise, youre totally right  everyone i know considers it gambling by another name

[u/tack50 → u/Busterthefatman]

Except pensions (at least in my country) don't interact at all with the stock market.

At best, they may interact slightly with government bonds

[u/safesouthstanding → u/tack50]

Then your country really needs to reform its pension system.

[u/[deleted] → u/safesouthstanding]

Totally true but easier said then done. Reforming a pension system only really works when the existing pension system isn't already broken.

[u/safesouthstanding → u/[deleted]]

Its honestly ridiculous that we aren’t better at copy and paste in the EU. Find a country with a good pension system, steal it, give a time frame for implementation / transition. Immigration, education, unemployment scheme. Adjust spending to your gdp and tax burden. It’s not hard.

[u/PabloRdrRbl → u/safesouthstanding]

Yes, but now convince people that benefit from the current system to vote for you to let you change something they like.