Birdwatch Archive

Birdwatch Note Rating

2024-10-15 04:48:07 UTC - NOT_HELPFUL

Rated by Participant: 8CC669C7101BFB304ABE9E3A7CF44B0B76690F3DCB827767A88676FD7A8A9092
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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  • helpfulnessLevel - NOT_HELPFUL
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