Leftist-socialist policies drive entrepreneurs out of Norway

Why does the left boasts to be ‘progressive’ in life, while its economic policies reek of regressiveness? Face unrealized gains wealth tax bill of many x my… https://t.co/59cRJMBxXn — hagaetc.eth November 16, 2024 Additionally, in an intriguing turn of events, Haga’s response received millions of views, including from Elon Musk, American businessman Marc Andreessen, along with entrepreneur and investor Paul Graham, after which on 28th November, Haga wrote a piece detailing his encounter with the wrong socialist policies implemented by Norway which only served as a barrier for entrepreneurs and creators like him. I still don’t know how I was supposed to pay the tax, but I recently found myself plastered on the ‘Wall of Shame’ at the Socialist Left Party’s offices.” He compared the present situation of his country to Atlas Shrugged and charged, “Ayn Rand’s 1957 novel Atlas Shrugged paints a vivid picture of a dystopian society where government overreach and socialist policies kill innovation and demonize entrepreneurs. In chilling similarity to Atlas Shrugged, there’ve been two train crashes, including one fatal, in the last month alone.” The Unrealized Gains Wealth Tax: A self-inflicted wound Haga stated that unrealized gains are subject to an annual wealth tax of about 1% in Norway. The administration might have changed its direction after hearing the deluge of criticism, but instead, “they doubled down on what’s not working”, Haga then drew an analogy with the Berlin Wall to further stress how socialist policies have been shown to be oppressive and detrimental throughout history and mentioned, “When the Berlin wall was created it was clear which side of the city had the better system, the one that didn’t have to build a wall to retain its citizens.” Haga accused, “Instead of trying to attract and retain capital and talent by making Norway a better place for business the Norwegian government chose to build its very own Berlin Tax Wall with yet another tax on unrealized gains.