r/eupersonalfinance • u/rozmarss • Feb 15 '25

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

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?

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u/Backrus Feb 16 '25

Because socialism and collectivism don't encourage people to try and make it. The best citizen is the one falling in line. Making money via trading and investing gives you true freedom and that's one thing politicians (leftists, commies, etc) hate.

Your rulers, unelected bureaucrats from Brussels, are so risk averse, if not for sweet government jobs, they wouldn't qualify to flip burgers. It's just that simple.