5 ms·
>> "When you pay that much you have to know that everyone else is doing it, and you have to know that the money goes to something reasonable," he says. That's
by valar_m 9y ago
>> "When you pay that much you have to know that everyone else is doing it, and you have to know that the money goes to something reasonable," he says.
That's an interesting justification. It's like the Norwegian government wants people to focus on making sure their neighbors are getting just as hosed as they are instead of asking why they have to pay a 40% income tax.
Also, how does making everyone's salary public prove to taxpayers that their money is going to something reasonable? That doesn't follow at all.
- Godel_unicode 9y agoThis is a nudge, they're using the power of social norms. It's ok that my tax bill is this high, because that's just how it is. The default assumption is that the money is going to something good because countries like Norway have high social trust.
- todd8 9y agoDoes Norway also have a VAT? The top marginal rate on wages in California is 51.9% according to taxfoundation.org [1] [1] https://taxfoundation.org/high-income-taxpayers-could-face-top-marginal-tax-rate-over-50-percent-tax-season/ https://taxfoundation.org/high-income-taxpayers-could-face-t...
- Thlom 9y agoYes, generally 25%, 15% for food stuff and 10% for cultural stuff. Income is taxed with 25% up to 164K NOK (about 20K USD), maximum income tax is 39,25% for everyone earning more than about 950K NOK (about 119K USD). But there's lots of deductions, so it's not too bad.
- twoodfin 9y agoDo employers pay taxes on their labor as well?
- Thlom 9y agoYes, between 0 and 14% depeding on sector and where in the country you are. This tax is going into the national insurance system called "folketrygden" which is what finance most of the welfare state (the parts that pays out money directly at at least).
- SilasX 9y agoNot just wages -- IIUIC, CA doesn't distinguish wage vs other kinds of income.
- TulliusCicero 9y agoAs opposed to those other developed countries that manage to give high quality of life to almost everyone without high taxes, such as
- mahyarm 9y agoSwitzerland!