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Comment on Norway's lesson for Europe on wealth taxes: let some millionaires go

Funny, cause here (Norway) half of political parties and discourse are going ape over this. Otoh, which is my perspective, wave as they leave, if they’re too poor to live here they can F off.

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MyBrainHurts@piefed.ca ⁨5⁩ ⁨hours⁩ ago
Fair, though can I ask what if the economists are right?

Around 40% of emigrants are business owners, according to Princeton researcher Christine Blandhol, who estimates, opens new tab the latest tax changes will cut Norway’s output by 1.3% over the long run.

Seems like the expectation is that this will lower government revenues etc. So, is the idea that egalitarianism is of higher value to Norway than some government services?

(Personally, I tend to think this one of those frustrating ones where what is moral and right in the short term smashes into cruel political/economic reality.)

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