several billionaires are leaving Norway.
owner of financial magazine Kapital explains the simple reason by giving an example: if billionaire Kjell Inge Røkke continued to live in Norway, he would be paying €40-50M/yr in wealth tax. nobody will pay €100k+/day just to be allowed to live in a country.
some people are fans of heavily taxing the rich, and we do that, but they just run away. there are always tax havens.
Whadoyoumean it doesn’t work? But muh Norw…oh…