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points by eigart 1 day ago | 0 comments
Norway has a wealth tax (1.1% nominal, but there are tricks), but we also have almost as bad wealth inequality as the US (by Gini). Wealthy people are furious to the point of fleeing the country because it really is the one tax they can’t (entirely) escape. But it certainly doesn’t “fix” wealth inequality.
[–] TrackerFF 1 day ago
The most interesting part of it is how much PR / media storm they (the wealthy) manage to create around this topic. Last election it more or less dominated the media, which I also think backfired on them.
[–] Tryk 1 day ago
While they like to make a lot of noise, data shows that only a tiny fraction of wealthy people actually leave in response to wealth taxes.

https://www.forbes.com/sites/teresaghilarducci/2025/12/29/do...