Re:$900k Median Package for Engineers at OpenAI
by fragmede on Saturday June 24, 2023 @03:24PM
(#36461873)
and speeding tickets! In parts of Scandinavia, the speeding tickets fine is based on your income, not a flat fee, so if you're a bank manager you pay more for the parking ticket vs if you're a poor student. The record is €121,000 for being caught going 20 over the limit by a multimillionaire.
Norway has a wealth tax of up to 1.1% of wealth, with discounts based on different types of wealth and a minimum deduction of ca. $150k. Discounts are based roughly on how liquid assets are. Houses etc. are valued at 25% of market value, so let's say you have a $600k house, the taxable value is $150k, which falls entirely within the minimum deduction, so most people pay very little wealth tax.