Norway’s no utopia

Publicly searchable tax returns? Yikes!

Worse, Norway has a 25% HST, which includes a 15% value-added tax on groceries. There are also local taxes and social security levies. Plus, Norway has a 1.1% wealth tax – which clicks in at the $130,000 mark – on top of income and sales taxes. In total, the average middle-class Norwegian family (there are no other kinds, of course) pays about $70,000 a year to the state. For that they get Canadian-style health care, free education and subsidized child care.

Norwegians also surrender privacy. The state publishes everyone’s tax return online in a searchable database, complete with birth dates and place of residence. This database also includes the net worth of all citizens, which must be real handy if you are into fraud.

www.greaterfool.ca/2015/08/10/perfection/

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