Message from @StoneCold316
Discord ID: 760645322468491307
Yea - scandanavian countries have a lot of taxes
60% income tax?
Or what ?
well our tax system is a bit different
amount other things we have a 25% VAT on most services...
‘Shared infrastructure’
I sell programming services, so when I sell a service I first pay the 25VAT then I pay income tax on top of that
Yes - how much income tax?
As a percentage?
There are differnent tax brackets
I can see why someone would call any tax ‘redistribution’ - but I also see the nuance between redistribution and shared services.
> There are differnent tax brackets
@ChordFunc from what to what? Lowest and highest?
Its 39,8% at the highest I think...
Didnt know fellons cant vote in usa
Ok. - so out of 100 you make, 25 goes go vat, and roughly 40 to income tax. Effectively you keep 35 ?
But we have a lot of indirect taxsation...
we are not a democracy
Good point. U are a republic.
Democracy is a particular type of republic.
We are god’s kingdom.
45 issnt it?
40 + 25 =65. 100-65= 35
(100 *0.75)*0.6
Depends if you apply the income tax to the whole 100 or after vat
no the income tax would just be one the revenue or the profit after expenses
Ok cool. What’s your system of government?
Most people would say that we are a : Social democracy
But we have State capitalism
We have the world largest Sovern wealth fund
Yes. Great country
Bigger than china as well 😮
But its mostly oil money poured into free markets, a stroke of absolute brilliance or pure luck
It’s the fruit of their Labour - they can choose to wipe their asses with it.
Irrelevant
No. It's actually illegal to destroy money.
You can't burn them
@ChordFunc are ‘vikings’ part of Norwegian history?
Yea
nobody's gonna stop ya