OSLO, NORWAY—Not wanting reports of the happy, healthy lives of its citizens to demoralize people living outside the Scandinavian nation, Norway announced Monday that it would start hiding its standard of living to make other countries feel better about themselves. “In an effort to not lord it over the rest of the…
You know who also has high taxes…
Norwegian income taxes are barely higher than California, and you get way more in return. And before you start ranting about California, Texas has a higher effective tax rate than California.
Taxes basically become extortion when they don’t return to 99% of the citizens in any way. That’s what it rightfully feels like in many parts of the world.
Where taxes return to you as service in both good times and bad times, they become an easy way to solve your problems compared to the alternative being pocketing untaxed money but having its service and product value way lower.