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To: SES1066

Example is Denmark had Corp tax of 50% in 1985, it is now 22%. 2018 max individual rates are 57% Sweden, 55% Denmark & 48% Norway BUT that comes with excellent social system benefits.


Largely paid for by North Sea oil rights. It’s not really sustainable even then for any country of real size.


88 posted on 11/01/2020 9:28:00 AM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: lepton
Largely paid for by North Sea oil rights. It’s not really sustainable even then for any country of real size.

I *think* you are talking about Norway & its 48% personal income taxation maximum so I agree, but thought it unnecessary to burden my reply with extraneous to the point that the Scandinavian trio are no longer at 110% taxation.

Now if you want an eye-opener referencing expensive government costs, look at what Finland & Switzerland did with progressive speeding fines. " Back in 2002, former Nokia director Anssi Vanjoki was caught driving 47mph in a 30mph zone on his motorbike and was fined $103,600. More recently, in 2015, Reima Kuisla, a Finnish businessman, had to pay $62,000 for driving 15mph above the 30mph speed limit. The Guinness World Records claim for the largest speeding ticket belongs to a Swiss man who was caught driving 85mph in a 50mph zone in St. Gallen, Switzerland. He was fined for $290,000 US Dollars. The man was driving a Ferrari Testarossa, and the fine was based on his 22.7 million dollar wealth. The fine was made higher as he was a repeat offender."

97 posted on 11/01/2020 10:18:26 AM PST by SES1066 (2020, VOTE your principles, VOTE your history, VOTE FOR ALL AMERICANS, VOTE colorblind!)
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