---
title: "Sinking Finland into the Bermuda Triangle | Petri Roininen | Negotiator 176"
titleOriginal: "Suomi upotetaan Bermudan kolmioon | Petri Roininen | Neuvottelija 176"
episodeNumber: "176"
guest: "Petri Roininen"
datePublished: 2023-02-20
duration: "46:18"
youtube: "https://www.youtube.com/watch?v=xaYM6U6H9Wc"
originalLanguage: "fi"
topics: ["finnish_economy_policy","ownership_capital_tax"]
subtitleMethod: "none"
provenance: "Owner page assembled from YouTube metadata, the neuvottelija.fi episode record and the publisher's own chapter marks, translated one for one; their spacing is irregular and matches the recording. No transcript is published here — the channel has no English caption track for this episode and the Finnish one is YouTube's automatic track. The episode was recorded during the 2023 parliamentary election campaign with the guest leading a party contesting it, and no opposing voice is present; the long-form write-up in the Neuvottelija AI editions states that."
fiCanonical: "https://www.neuvottelija.fi/fi/episodes/262-suomi-upotetaan-bermudan-kolmioon-petri-roininen-neuvottelij"
canonical: https://www.neuvottelija.com/podcast/episodes/ep176-suomi-upotetaan-bermudan-kolmioon-petri-roininen/
---
# Sinking Finland into the Bermuda Triangle | Petri Roininen | Negotiator 176

English subtitles are not available on this page. This is an episode summary, not a curated transcript.

## Chapters

- [00:00](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=0s) Intro: politics moves, and Finland sinks into the Bermuda Triangle
- [00:26](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=26s) Introducing Petri Roininen, the first CEO to lead a Finnish party
- [01:50](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=110s) From the Blue Reform to Korjausliike, and the Helsinki constituency
- [03:50](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=230s) Why Korjausliike does not appear in the polls
- [04:30](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=270s) Four more years of the same, or what can be done next term
- [06:00](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=360s) Finland taxes the fifth most in the world, with the second highest marginal rates
- [07:14](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=434s) The Bermuda Triangle: very high taxation, no growth, low private wealth
- [08:30](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=510s) A 3 per cent deficit would make Finland the world's heaviest taxer
- [10:40](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=640s) Finland collects little capital tax because it has little capital
- [13:10](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=790s) The public sector's pay bargaining structure has failed
- [14:55](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=895s) The next government is in a very difficult position
- [17:35](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=1055s) Citizens want an end to the waste: where is the balance
- [20:05](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=1205s) Finns are as poor as Greeks and Portuguese
- [21:10](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=1270s) Joint taxation for families
- [23:40](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=1420s) Why high taxation is a problem: the five-tax wedge and the cost of housing
- [26:45](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=1605s) Finns are sensible people; economists are lobbyists
- [27:50](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=1670s) Korjausliike's role in a bloc election
- [29:15](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=1755s) The other parties have moved left
- [31:50](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=1910s) Korjausliike's values and candidates
- [34:50](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=2090s) The small-party debate
- [35:55](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=2155s) Politics needs solutions, and structural change in working life
- [41:35](https://www.youtube.com/watch?v=xaYM6U6H9Wc&t=2495s) YEL is discretionary taxation: alternatives for pension reform

## Summary

Petri Roininen, then chair of the party Korjausliike, draws Finland's situation as a Bermuda Triangle whose corners are one of the world's highest total tax rates, a decade and a half of zero growth, and households among western Europe's least wealthy. He proposes balancing public finances immediately rather than over two parliamentary terms, and as means, flattening tax progression, a privatisation programme and extending a single dividend tax rate to all owners. Recorded during the 2023 parliamentary election campaign, with the guest as a party leader and candidate.

## The triangle

Three corners: one of the world's highest total tax rates, fifteen years without growth,
and households among the least wealthy in western Europe. The argument is that they are
one problem rather than three — and the sharpest version of it is that Finland collects
little capital tax because it has little capital, which is the opposite of the usual
framing.

## What distinguishes the proposal

Not the direction but the speed. Balancing public finances inside one parliamentary term
rather than two is what separates this from the mainstream right's position, and the
episode is candid that it means larger cuts sooner.


## Watch

The recording lives on the Neuvottelija channel: [Suomi upotetaan Bermudan kolmioon | Petri Roininen | Neuvottelija 176](https://www.youtube.com/watch?v=xaYM6U6H9Wc).
A Finnish edition of this episode is published at [www.neuvottelija.fi](https://www.neuvottelija.fi/fi/episodes/262-suomi-upotetaan-bermudan-kolmioon-petri-roininen-neuvottelij).

## In depth

The Neuvottelija AI editions carry a long-form write-up of this episode:
[English](https://www.neuvottelija.com/ai/ep176-suomi-upotetaan-bermudan-kolmioon-petri-roininen/) · [suomeksi](https://www.neuvottelija.fi/economy/ep176-suomi-upotetaan-bermudan-kolmioon-petri-roininen/).

---

Cite as: Sami Miettinen, Neuvottelija — Sinking Finland into the Bermuda Triangle | Petri Roininen | Negotiator 176, https://www.neuvottelija.com/podcast/episodes/ep176-suomi-upotetaan-bermudan-kolmioon-petri-roininen/, 2023-02-20. For quotes include episode 176 and timestamp.
