Strikes back against Dagbladet

2022-09-16 22:54:39 By : Mr. Jeremy Chen

When Røkke moves out of the country, probably because of the tightening of wealth tax and dividend tax, it is strange that Dagbladet's management department thinks that the Conservative Party must answer.Read Dagbladet's leader here about the topic here.The government and LO have a stated goal of taxing the country's richest harder.It is an honest matter, and after all, they are only following through on promises from the election campaign.The LO leader has stated that it is time to "take the rich".Nevertheless, both the government and LO seem surprised and indignant when it turns out that the country's richest have no interest in being "taken".We live in a globalized world, where we have to deal with the fact that companies and individuals can choose to do business where it is most lucrative.Many factors come into play, from infrastructure to power prices, bureaucratic obstacles, regulations, access to labor and, of course, taxes.This is not primarily a debate about the tax level, but about the structure of the taxes.The wealth tax is calculated on the basis of a company's or individual's paper values, regardless of whether one has a profit or not.This means that many people have to take out dividends to pay the wealth tax, but the government also increased the tax on dividends.The consequence is that from one year to the next, the tax business owners must pay has doubled.Only Norwegian owners pay wealth tax, which gives foreign-owned companies a competitive advantage.It is strange then that Dagbladet's editorial writers think the wealth tax is not harmful to value creation in Norway.We are now seeing the further consequence of that, more of the country's rich choose to move and rather become taxpayers in countries such as Switzerland rather than Norway.Redistribution is an important principle, but the government's tax cuts have so far redistributed tax revenue from Norway to Switzerland.I think it is preferable that tax is paid to Norway.Do you have a story you'd like to tell, or a special fight you're passionate about?We would like to read it.Send it to us at Dagbladet Meninger!Norway is one of the few countries that still has a wealth tax.The Labor Party has also agreed that it is harmful to the business world, until Støre's strong left-wing turn of the party.In 2004, Ap's Lisbeth Berg-Hansen, who is an entrepreneur herself, stated: "I happily pay all the world's tax on income, luxury cabins and boats and all that.But the fact that we have to take money out of the company to pay wealth tax on shares is crazy.(...) I know many people in the Labor Party who completely agree with me".In the same year, tax policy spokesperson in Ap Tore Nordtun said about the combination of dividend tax and wealth tax "It can be heavy for some companies with both parts".In 2011, the then Minister of Business and Industry, Trond Giske, said: "It is a challenge, especially for start-up companies that have not yet reached an income position.It is also a paradox that it is more profitable to place money in passive real estate investments than in productive capital."Even LO has had a different view.When Roar Flåthen was LO leader in 2011, he said "It is unacceptable that some owners of small and medium-sized companies have to take out more in dividends than normal, in order to pay wealth tax."He concluded that: "We have come to the conclusion that it would be sensible for the government and the Ministry of Finance to facilitate a review of the negative consequences wealth tax has for Norwegian ownership, Norwegian industry and Norwegian jobs."It is quite a different attitude than that promoted by Peggy Følsvik and Støre's Labor Party.Ap and LO were absolutely right in 2004 and 2011, and the same can be said today.The right's primary position is that we should reduce the wealth tax on so-called "working capital", which we also did during the years we were in government.We can discuss back and forth as much as we want about both tax levels, facilities and what is fair redistribution.But we have to deal with reality and what the consequences of the tax policy we pursue will be, and then decide whether we think it is worth it.I believe that the government's announced tax increases will be redistributive, in that even greater tax revenues are distributed from Norway to Switzerland.The website you are now visiting is largely financed by advertising revenue.Based on your previous activity with us, you will receive advertisements that we think may interest you.You choose whether you want to change your settingsAller Media owns the websites Dagbladet, Sol, DinSide, KK, Se og Hør, Lommelegen, Topp and ViDagbladet is part of Aller Media, which is responsible for your data.We use the data to improve and customize our services, offers and advertisements.If you want to know more about how you can change your settings, go to privacy settings