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To: Mafe

I worked in Norway in the seventies and eighties. The taxes were very high to support the social system of which the Norwegian voters approved. That is good as that is their choice. However the government both left and right understood that capitalism is what supported their semi socialistic state.

In many cases capitalism was less restrictive in Norway verses the USA. Norway realized they must compete in the world market and thus were very pro business. They taxed the hell out of internal profits and wages, but did everything they could to give breaks to external profits and business. They realized if they taxed international business out of existence they would lose.

Norway is not my cup of economic tea but it works for them.

ps

Their ladies are absolutely drop dead gorgeous. I wish I were 27 again instead of 70.


18 posted on 06/09/2018 3:52:59 PM PDT by cpdiii (cane cutter, deckhand, roughneck, geologist, pilot, pharmacist, THE CONSTITUTION IS WORTH DYING FOR!)
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To: cpdiii

Interesting post #18.


40 posted on 06/12/2018 8:07:19 AM PDT by samtheman (LetÂ’s elect as many Republicans as possible in 2018)
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