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Re:Norway’s Wealth Tax Is Backfiring by davidwritesbugs on Wednesday June 28, 2023 @01:20PM (#36509561)
The article quotes the billionaire saying "My capital will continue to work in Norway". What evidence these people are taking their money out of Norwegian bank and depositing it elsewhere? Or is their wealth already offshore anyway and they are just shifting their personal chump change to Switzerland? I'm somewhat suspicious of libertarian neo-cons saying "Don't tax me Bro', it'll just hurt you."
Re:Norway’s Wealth Tax Is Backfiring by dontlaugh on Wednesday June 28, 2023 @01:23PM (#36509604)
Sure, most of them won’t even follow through on the threat of capital flight because it would affect their profits too much.