Rune Østgård on Nostr: My fellow Norwegians, including our economists it seems, perceive the transfer from ...
My fellow Norwegians, including our economists it seems, perceive the transfer from the oil fund (Norway's pensiom fund), which makes up 21.8% of the Norwegian state's budget, as some sort of gift from the government or a gift from the nature to the citizens.
However, considering that the state is just an institution that manages the pension fund on our behalf, meaning - the fund is the citizens' wealth, the transfer from the fund to the public budget in reality is a wealth tax, just like any other wealth tax.
I've got big fish to fry, so thx for sharing.
Published at
2024-09-07 08:46:41Event JSON
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