The left is pushing wealth taxes to the top of their agenda. This article from Reuters tries to make the case that Norway is an example of how wealth taxes can work. Norway is always used as the socialist dream, with all of the social programs that the left loves. What the left ignores is that Norway is not analogous to the US.
For starters, let’s recognize that Norway ranks among the world’s wealthiest thanks to oil, shipping, and fishing. In Norway, the government owns those industries. All of the profits from those industries gets funneled into a government wealth fund, which is in turn invested in companies in other nations, especially the US. However, Norwegian law says that they can only spend 3% of the fund’s $2.1 trillion balance each year. This means they need to find other forms of income to enable them to support the welfare state.
That means a wealth tax on unrealized capital gains. The entire nation is a welfare state, living off of investments made in countries with actual free markets. Since there are no nations that the US could siphon money from, this plan will never work here.
2 Comments
Stefan v. · November 26, 2025 at 1:53 pm
So, if that would not work for you, there, but it does for them, elsewhere….what happens when it collapses there, where you are? Vikings raiding coastal Europe? Or Barbary shitbags raiding Europe, from the north this time? Or within? Whole lot of blood shedding going to happen everywhere, at the same time, soon. If you’re white…you’ll be hemmed up and executed, whitemanbad, especially if you merely defend yourself. If you’re not white….expenses paid and all injuries healed, forever, because notwhite. Multikulti forever! At least until we get back to before Tower of Babel, V1.0. And we all know what that was about. Or do we? No, we want MAGA, Barka lounges and Diet Pepsi, abortions, Superbowl, Band of Brothers, Fonzie, Cheers, Beatles, Aerosmith, China Beach, Glory, Little House on the Prairie, Lindenstrasse, Disco, Techno, Rap, Crap, Schnickschnackschnabernack.
Get the Bible and learn it. God probably hates you and has a plan for your life you will not like, statistically. On the other hand, those He does love He never forsakes. If He loves you, you will go to Him, because He will draw you. If He doesn’t, you will go to the other. He doesn’t need you…you need Him. No synergism. Salvation is wholly of Him.
Honk Honk · November 26, 2025 at 2:22 pm
To each according to his need, property is theft.