The Wealth Exodus: How Tax Policies Impact Norway's Richest

Explore the shocking exodus of Norway's wealthiest individuals in 2022 and the consequences of the country's tax policies. Discover why Kjell Inge Rkke, Norway's third richest man, and over 30 other billionaires and multimillionaires chose to leave the country, costing the government millions in lost revenue. Uncover the implications of the Nordic nation's increased wealth tax and its connection to capital flight. Learn from Nobel laureate Robert Lucas's groundbreaking research on rational behavior and policy outcomes. Will Norway reevaluate its approach or face the aftermath of its decisions?

Source: Norway’s Wealth Tax Is Backfiring. Are Americans Paying Attention? by Jon Miltimore, aier.org: https://www.aier.org/article/norways-...