Deliberate Ignorance

Just from an

empirical standpoint, Norway’s wealth tax is stupid and counter-productive.

Did you catch that? More “super rich” Norwegians left Norway in 2022 than during the previous 13 years combined. The reason wealthy Norwegians are fleeing the country is not a secret. 

And it was SO obvious that this is exactly what would happen! Have these folks never even had a passing contact with Economics? DUH!

We need to be a little empirical, here! Here’s a clue: When you make something more expensive, you sell less of it. There is a balance between sales volume and profit margin. <sheesh!>

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