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Joined 1 year ago
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Cake day: July 3rd, 2023

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  • Controlling the natural resources a country and leasing it out it private companies is pretty standard practice in most non corrupt countries. Norway probably differs in that they capture more of the economic rent in part due to a more efficient tax and a share of public ownership.




  • Yeah nope. You have to understand the reason deductions exists for income tax is that they allow you to deduct your costs from the revenue you take in and are only paying tax on the profit.

    Edit: I should add plenty of places that do have land taxes usually have a lot of exemptions like here, your primary residence is exempted as well as any land for primary production (land used for agriculture) but those exist for political reasons.



  • It really depends on where the land is as it’s based on value. If you are talking about replacing property taxes with land value taxes typically it’s just a rate on the value but in this case it’s just the land value so a higher rate but only applies to land. If you could figure out the total land value in your neighbourhood you could figure it out.

    As for who is affected, single family homes on the outskirts probably see a drop in taxes while those in the inner city and vacant plots see a large increase.