New working paper: the Norwegian wealth tax was a huge success. The "exodus" of wealthy people never happened (less than 100 individuals left). Tax revenue increased by 71.5%. No changes in business activity or investment.
“Companies” do not make decisions. Humans who hold disproportionate power within them do. Name the humans and hold them accountable. There are countless examples of failure on this, including with the bank crisis, Boeing, and tech industry harms.
