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Emeritus Prof Christopher May
@ChrisMayLA6@zirk.us  ·  activity timestamp 2 months ago

Meanwhile in Norway.... the taxation of the wealthy has become a key election issue, with the major parties responding to the 'exodus' of the mega rich (upset at a 1% wealth tax) over the last decade.

Even if the centre Left wins, it looks like the tax will be 'reviewed' at the very least.

Which once again poses the Q. of why the ultra-rich who would hardly notice a 1% levy on their wealth get so vexed about its imposition? A Q. of relevance well beyond Oslo.

#tax#Norway #politics
h/t FT

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