Birdwatch Archive

Birdwatch Note Rating

2024-10-21 16:30:14 UTC - NOT_HELPFUL

Rated by Participant: 8C3BFC7C1CED44DB5F5F79F83D54EAF4F7E79540CE88F3C2C1A143AA764CB763
Participant Details

Original Note:

Norway raised its wealth tax aiming for $146M in extra revenue, but $54B in wealth left the country, causing $594M in lost tax revenue and a net loss of $448M. This illustrates how overtaxing can drive away capital (Laffer Curve). Source: https://www.aier.org

All Note Details

Original Tweet

All Information

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