Do you think the wealth/future earnings tax is putting off the younger population from being entrepreneurs and setting up businesses in the country?

by PowerfulSpeech7122

15 comments

  4. Its not brain capital leaving, its only some of those who have managed to hoard a lot of wealth.

  5. It’s Fortune magazine, they have a bias to combat taxes on wealth and wealth inequality reform…

    I’d take this article and throw it in the trash unless I get a neutral source reporting on this.

  6. Absolutely yes. Unless you plan to build a subsidy-driven “green” or “progressive” project, confidence among entrepreneurs in Norway is low. The market heavily favors state-backed initiatives, especially in capital goods and renewable sectors, leaving independent innovators squeezed by high costs, strict regulations, and cautious consumers. Industrial and consumer confidence remain fragile outside these niches, making organic entrepreneurship a tough uphill battle. Essentially, Norway rewards those willing to align with government agendas, while others struggle to find footing in a market dominated by compliance and subsidy dependency. If you’re not rowing in the government’s direction, the fjords of opportunity quickly narrow.

  7. I don’t know but it seems like no one wants to set business and invest in Norway. It’s just not worth it with all the taxes and roadblocks it seems. 

  9. No. And putting taxes on rich people should be mandatory on each and every country in the planet. The problem is not governments trying to tax the rich. The problem this world has is the rich trying to avoid it.

    We, as the other 99%, should be shaming those rich trying to evade what WE CANT EVADE TO PAY, not mocking the governments that try to do the right thing. 

  10. Likely yes.

    People forget that most businesses will fail (even if you work hard, your idea is good, the market exists, etc. There is an element or luck).

    9/10 businesses go bankrupt, most of those leave their founders with a broken dream and a lot of personal debt.

    When the tax system is set up in a way that breaks newer companies in their least profitable phase that just makes the problem worse.

    So anyone who wants to build anything knows that they either relocate or they likely go bankrupt.

    Or they just don’t start anything.

  11. There will always be a cheaper country to start a business in and we can’t race to the bottom for a minor part of the population nor can we give them a free reign to decide our tax policy. That’s undemocratic and will eventually result in oligarchy.

    They can go to Switzerland or wherever, but please let them stay there.

  13. This is the kind of article that is the result of people who assume that the rich are rich because they are smart and that the poor are poor because they are stupid.

  14. No, I think it is the punitive regulations/fees on small businesses that cause entrepreneurs to throw in the towel. They don’t “flee the country”, they are forced to get regular jobs. There is a reason why every industry in the country is controlled by monopolies.

    This article really is referencing extremely wealthy business owners (top 1%), not your average middle-class small business owners, though.

    While many people support extra taxes for wealthy people, myself included, a lot of people don’t understand that in Norway the wealth tax kicks in at $170,000 USD for a single person or $340,000 USD for a married couple. This is super low!

  15. No, I think it is the punitive regulations/fees on small businesses that cause entrepreneurs to throw in the towel. They don’t “flee the country”, they are forced to get regular jobs. There is a reason why every industry in the country is controlled by monopolies.

    This article really is referencing extremely wealthy business owners (top 1%), not your average middle-class small business owners, though.

    While many people support extra taxes for wealthy people, myself included, a lot of people don’t understand that in Norway the wealth tax kicks in at $170,000 USD for a single person or $340,000 USD for a married couple. This is super low!

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