So what is the alternative to wealth tax?

Photo: Helge Skodvin
Photo: Helge Skodvin

29 May 2024 10:40

So what is the alternative to wealth tax?

Guttorm Schjelderup: My NHH colleagues Jøril Mæland and Karin Thorburn want to remove wealth tax and are concerned with distribution. But they do not propose alternative and equally effective proposals for redistribution.

In DN on 25 May, my two colleagues Jøril Mæland and Karin Thorburn write that wealth tax shrinks the cake we have to share. They do not mention that almost all taxes shrink the cake, and that there is no evidence from empirical studies that the cake shrinks more with wealth tax, Guttorm Schjelderup writes.

His feature article Så hva er alternativet til formuesskatten? (in Norwegian) was published in Dagens Næringsliv on 27 May, 2024.