It's hard to understand why they keep raising taxes.
It's hard to understand why they keep raising taxes.
The total tax level for Norwegians are only in the middle of the chart when compared to other OECD countries so it is not really that high comparatively.
The main issue with the "wealth tax" is that it is also taxing active capital (company values, stock etc) even if that capital is not making a profit.
On another note, as a Norwegian, I happily pay my taxes even if I am in the top bracket. It is for the most part spent wisely.
I know it’s subjective so different for everyone but here in Australia I feel like it’s been a long time since we had actual leadership and we’ve had lousy middle management steering the ship.
Spending more oil money seems like a bad idea at this point.
[1]: https://www.riksrevisjonen.no/rapporter-mappe/no-2025-2026/r...
Because they can do better things with it than buy a second megayacht.