FlexibleToast comments on Washington Post editorial board says don't tax the rich

[–] FlexibleToast@lemmy.world 0 points 6 months ago (3 children)

Doing a quick search, it's not working out for Noway. Their tax revenue is down because the wealthy moved away.

parent

[–] atan@lemmy.ml 1 point 6 months ago (2 children)

They've had a wealth tax in Norway since 1892.

parent

[–] FlexibleToast@lemmy.world 1 point 6 months ago (1 child)

The article I looked at was an increase of the wealth tax that occurred recently. So you're right, not the start of it just a consequence of it.

parent

[–] atan@lemmy.ml 1 point 6 months ago

What was the article? This one from November claims revenue has still increased - while ridding themselves of more wealth hoarders:

"Revenue from it has climbed despite the exodus and now sits at 0.6% of GDP"

parent