Live data from Hacker News

In Norway, personal income is a matter of public record

articles.sfgate.com

1–10 of 40 posts

Re: In Norway, personal income is a matter of public record

#5
Wouldn't that be a deterrent for anyone who wants to establish a business in Norway?

Look at the quotes : "Actress and director Liv Ullmann, for instance, earned $17k ... Pioneering women's long-distance runner Grete Waitz, a nine-time New York City Marathon champion, earned $13k"

Either their best and brightest are dirt poor or they prefer earning and keeping their money abroad.

If that was the objective of the law, it's a success.

Re: In Norway, personal income is a matter of public record

#6
post #5

Wouldn't that be a deterrent for anyone who wants to establish a business in Norway? Look at the quotes : "Actress and director Liv Ullmann, for instance, earned $17k ... Pioneering women's long-distance runner Grete Waitz, a nine-time New York City Marathon champion, earned $13k" Either their best and brightest are dirt poor or they prefer earning and keeping their money abroad. If that was the objective of the law,…

I looked up the New York City marathon prize. Apparently the winner (men's and women's) gets $130K for winning the first time, or $200K if a repeat winner. So she should have amassed something approaching two million dollars in marathon prize money alone by now. Sounds like she's keeping it somewhere other than Norway.

Re: In Norway, personal income is a matter of public record

#7
While I accept that it might not be so bad once you get used to it, I really can't imagine any reason that it could be a good thing.

The government could also compulsorily publish photos of everybody's genitals every year. Again, you'd probably get used to it, and it probably wouldn't be as bad as it sounds, but I can't see any upside to it.

Re: In Norway, personal income is a matter of public record

#8
post #5

Wouldn't that be a deterrent for anyone who wants to establish a business in Norway? Look at the quotes : "Actress and director Liv Ullmann, for instance, earned $17k ... Pioneering women's long-distance runner Grete Waitz, a nine-time New York City Marathon champion, earned $13k" Either their best and brightest are dirt poor or they prefer earning and keeping their money abroad. If that was the objective of the law,…

The article states, "Income earned or kept abroad, or otherwise in some sort of tax shelter, is not included."

I would assume that both Ullmann and Waitz earned most of their income outside of Norway.

Re: In Norway, personal income is a matter of public record

#9
post #8
post #5

Wouldn't that be a deterrent for anyone who wants to establish a business in Norway? Look at the quotes : "Actress and director Liv Ullmann, for instance, earned $17k ... Pioneering women's long-distance runner Grete Waitz, a nine-time New York City Marathon champion, earned $13k" Either their best and brightest are dirt poor or they prefer earning and keeping their money abroad. If that was the objective of the law,…

The article states, "Income earned or kept abroad, or otherwise in some sort of tax shelter, is not included." I would assume that both Ullmann and Waitz earned most of their income outside of Norway.

Yes. Actually, the public information is not the income or value of property, but the amount of tax paid on these, which means that the numbers splashed all over the internet are estimates (for instance, people with zero-income dependants are taxed at a lower rate).

Re: In Norway, personal income is a matter of public record

#10
post #5

Wouldn't that be a deterrent for anyone who wants to establish a business in Norway? Look at the quotes : "Actress and director Liv Ullmann, for instance, earned $17k ... Pioneering women's long-distance runner Grete Waitz, a nine-time New York City Marathon champion, earned $13k" Either their best and brightest are dirt poor or they prefer earning and keeping their money abroad. If that was the objective of the law,…

You really think a world-class actor and directory is going to make serious money in a market of 4.8 million people? I think Ullman's business abroad is motivated by other things.
Post reply on HN