zlacker

[parent] [thread] 1 comments
1. vidarh+(OP)[view] [source] 2023-06-24 18:34:44
UK has council tax bands based loosely on property value, but it's not very regularly reassessed so it's not very progressive.

Norway has a wealth tax of up to 1.1% of wealth, with discounts based on different types of wealth and a minimum deduction of ca. $150k. Discounts are based roughly on how liquid assets are. Houses etc. are valued at 25% of market value, so let's say you have a $600k house, the taxable value is $150k, which falls entirely within the minimum deduction, so most people pay very little wealth tax.

replies(1): >>fragme+07
2. fragme+07[view] [source] 2023-06-24 19:24:45
>>vidarh+(OP)
and speeding tickets! In parts of Scandinavia, the speeding tickets fine is based on your income, not a flat fee, so if you're a bank manager you pay more for the parking ticket vs if you're a poor student. The record is €121,000 for being caught going 20 over the limit by a multimillionaire.
[go to top]