4 ms·

Yes, but the population density of the US is ~5 times greater than Norway, so this isn't really an argument.

qwytw 3y ago
Doesen't that just reinforce their point? Small population and large area (with a lot of mountains) allows them to generate most of their electricity supply from cheap/clean hydro. Also they have very high revenue per person from oil sales.
- arcade79 3y ago
  The revenues from the oil sales goes into the pension fund. Not really applicable.
  - rad_gruchalski 3y ago
    How is that not applicable when one doesn’t need to save for their pension?
    - qwytw 3y ago
      To be fair taxes in Norway are not at all low.
      - rad_gruchalski 3y ago
        https://www.skatteetaten.no/en/rates/bracket-tax/ https://www.skatteetaten.no/en/rates/bracket-tax/ Maximum is 17.6%. I pay 42% in Germany. I happily take those Norwegian „high taxes”.
        qwytw 3y ago
        No it isn't (an average Norwegian pays close to 40%). There is basically no difference between taxes paid by employee or employer (besides the lack of transparency built into the tax system) all of is is still coming from the same pot. Denmark is pretty much the only country in Europe that isn't purposefully trying to trick their taxpayers... * https://en.wikipedia.org/wiki/Tax_rates_in_Europe https://en.wikipedia.org/wiki/Tax_rates_in_Europe
        rad_gruchalski 3y ago
        Care to point to some income tax calculator for Norway? Because the internet says different things: https://taxsummaries.pwc.com/norway/individual/taxes-on-personal-income https://taxsummaries.pwc.com/norway/individual/taxes-on-pers....
        qwytw 3y ago
        I'm not talking about income tax but the entire tax burden. Look at the wikipedia article I linked: "46.4% (53.0% including 14.1% social security contribution by employer. All taxes include 8.2% pension fund payments)" Also indirect taxes like VAT are higher than in Germany.
        deleted 3y ago
        [deleted]
        arcade79 3y ago
        No, the general income tax is 22%. You add the higher tax bracket to that. Then it's the social insurance on top.
  - qwytw 3y ago
    You still have all the people and companies working in the industry paying taxes. And some of the oil revenue still ends up in the government budget directly: https://www.statista.com/statistics/744826/budget-revenue-of-the-central-government-in-norway-by-main-entry/ https://www.statista.com/statistics/744826/budget-revenue-of...

Doesen't that just reinforce their point? Small population and large area (with a lot of mountains) allows them to generate most of their electricity supply from cheap/clean hydro. Also they have very high revenue per person from oil sales.

arcade79 3y ago
The revenues from the oil sales goes into the pension fund. Not really applicable.
- rad_gruchalski 3y ago
  How is that not applicable when one doesn’t need to save for their pension?
  - qwytw 3y ago
    To be fair taxes in Norway are not at all low.
    - rad_gruchalski 3y ago
      https://www.skatteetaten.no/en/rates/bracket-tax/ https://www.skatteetaten.no/en/rates/bracket-tax/ Maximum is 17.6%. I pay 42% in Germany. I happily take those Norwegian „high taxes”.
      - qwytw 3y ago
        No it isn't (an average Norwegian pays close to 40%). There is basically no difference between taxes paid by employee or employer (besides the lack of transparency built into the tax system) all of is is still coming from the same pot. Denmark is pretty much the only country in Europe that isn't purposefully trying to trick their taxpayers... * https://en.wikipedia.org/wiki/Tax_rates_in_Europe https://en.wikipedia.org/wiki/Tax_rates_in_Europe
        rad_gruchalski 3y ago
        Care to point to some income tax calculator for Norway? Because the internet says different things: https://taxsummaries.pwc.com/norway/individual/taxes-on-personal-income https://taxsummaries.pwc.com/norway/individual/taxes-on-pers....
        qwytw 3y ago
        I'm not talking about income tax but the entire tax burden. Look at the wikipedia article I linked: "46.4% (53.0% including 14.1% social security contribution by employer. All taxes include 8.2% pension fund payments)" Also indirect taxes like VAT are higher than in Germany.
        deleted 3y ago
        [deleted]
      - arcade79 3y ago
        No, the general income tax is 22%. You add the higher tax bracket to that. Then it's the social insurance on top.
- qwytw 3y ago
  You still have all the people and companies working in the industry paying taxes. And some of the oil revenue still ends up in the government budget directly: https://www.statista.com/statistics/744826/budget-revenue-of-the-central-government-in-norway-by-main-entry/ https://www.statista.com/statistics/744826/budget-revenue-of...