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Norway’s Wealth Tax Is Backfiring. Are Americans Paying Attention?
American Institute for Economic Research ^ | June 23, 2023 | Jon Miltimore

Posted on 06/26/2023 6:14:16 AM PDT by george76

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To: drSteve78

Leftist politicians aren’t the stupid ones; they just need their voters to be stupid so they throw them raw meat like “fair share” “spread the wealth” and other nonsensical ideas so that they gain and hold power. That’s the only goal here. Consequences be damned.


21 posted on 06/26/2023 7:30:57 AM PDT by NohSpinZone (First thing we do, let's kill all the lawyers)
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To: george76

I think this is a brilliant idea, but the problem is that the rate wasn’t high enough. California and NYC could solve all their revenue problems with a modest wealth tax of, say 3%. Just think of all the benefits they could distribute to illegals.... >:)


22 posted on 06/26/2023 7:34:19 AM PDT by vikingd00d (chown -R us ~you/base)
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To: z3n

“ We all live in feudal societies. The names of kings and lords are replaced by parliaments and tax collectors.”

It seems that the Bible often talks about lepers and tax collectors in a similar manner. Coincidence?


23 posted on 06/26/2023 7:40:23 AM PDT by Rlsau1
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To: vikingd00d

I’m sure most of California would gladly part with Newsome if Norway needs a new dictator.


24 posted on 06/26/2023 7:40:31 AM PDT by Colt1851Navy (What was wrong with Nixon?)
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To: z3n

“We all live in feudal societies. “

that’s exactly correct, and almost no one understands that ...

as the fascist left crushes the vast middle class, the inevitable result is a bifurcated population consisting of: 1.) oligarchs, ultra-billionaires, mega-corporations, and the Armed Deep State, that is, the feudal overlords, and 2.) the rest of us, the peasants ...

and the United States is almost there ... only Donald J. Trump can slow down this trend, and after that, it’s all she wrote, because there’s only one Donald J. Trump ...


25 posted on 06/26/2023 9:35:09 AM PDT by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: george76

The liberals are paying attention; that’s why they want a wealth tax.


26 posted on 06/26/2023 9:36:13 AM PDT by TBP (Decent people cannot fathom the amoral cruelty of the Biden regime.)
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To: george76

In some ways, wealth tax is fairer then income tax.
Income fluctuates, wealth more stable. Taxing rich vs. taxing somebody who just won a lottery.
But, it is notoriously hard to enforce and easy to avoid.


27 posted on 06/26/2023 9:37:56 AM PDT by AZJeep
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To: george76

I always remind people of the Great Rock and Roll Tax Flight when half the British bands fled British taxes. Some of them went to countries that specifically were giving breaks to people fleeing the taxes. Jack up taxes on the people with the most ability go elsewhere and they go elsewhere.


28 posted on 06/26/2023 9:42:50 AM PDT by discostu (like a dog being shown a card trick)
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To: adorno

Your arguments, while quite valid, are easily refuted by calling you a racist.


29 posted on 06/26/2023 9:51:25 AM PDT by 17th Miss Regt ( )
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To: 17th Miss Regt
Your arguments, while quite valid, are easily refuted by calling you a racist.

True, I'll be called a racist, but, God is also a racist, since it was he (she?) that created white humans. So, I'll be in good company. ;-)
30 posted on 06/26/2023 9:59:13 AM PDT by adorno
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To: george76

Millions have left California and stopped millions from moving to the state because of the high taxes and the socialists who support criminals.


31 posted on 06/26/2023 2:06:18 PM PDT by minnesota_bound (Need more money to buy everything now)
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To: alloysteel

And corporations do not pay taxes. They collect them from their customers, clients, and patrons as a cost of doing business, and pass them through as part of the value of the goods and services they sell.

Post this EVRYWHERE!

32 posted on 06/26/2023 2:13:12 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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