Norway’s Wealth Tax Is Backfiring. Are Americans Paying Attention?
June 27, 2023
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According to The Guardian, Norway’s wealth tax is backfiring as more than 30 Norwegian billionaires and multimillionaires left the country in 2022. In 2022 Norway’s third richest man, Kjell Inge Røkke, announced in an open letter to shareholders he was moving to Lugano, Switzerland. “My capital will continue working in