Norway’s wealth tax increase, expected to raise $146M, led to a $448M net loss as $54B in wealth left the country, reducing tax revenue by $594M.
ALEX RECOUSO
CO-FOUNDER AND CEO
Martin Erlić @SeloSlav 1d
Wealth taxes are the only way we don’t go extinct. I hope Europe keeps moving in this direction. When the US collapses in on itself, Europe wil
It’s hilarious when Americans pity my Norwegian tax rate. And yes. We pay more to the state. In return, we get free healthcare, free college, and 49 weeks of fully paid parental leave. We do not have to crowd-fund our cancer treatments. Your 'low taxes' just mean you pay private corporations a premium for the privilege of still going broke when you
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