Let's not get ahead of ourselves here. Norway don't say yes to socialism they say yes to social welfare in a different way than in the US. So do Denmark (where I am from) and Sweden. Yes the taxes are higher (up to 60% in Denmark with a progressive tax system) and about the same I believe in Norway. But it's not like everyone walks around an love it. In fact there is great opposition to the level that taxation have g…
Thanks for setting the record straight on this. I'm Norwegian, and this is exactly what I would say about this. There are many things we do in Scandinavia that should be copied in the US, but start-up culture and small business is not helped along by the tax system and social services/benefits. In fact, the progressive taxation alone incentivizes everyone to _not_ earn more than about 100000 USD a year (if you work h…
Really? I've never had problem with this. Nor have I felt the tax system has disincentivized my income (which is well into the top bracket.)