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Twitchy
twitchy.com
20 Oct 2024
Amy Curtis


NextImg:NOT SHOCKED: Norway Tried Taxing the Rich, Ended Up Losing HUNDREDS of Millions in Tax Revenue Instead

'Tax the rich!'

'Make the wealthy pay their fare share!'

How many times have we heard some iteration of those sentences? Far too many. Government in general, but the Left in particular, think they're entitled to the wealth earned and held by others. Because reasons. 

So they argue with a straight face that raising taxes on the rich is a panacea that will balance budgets and pay for their extravagant spending.

Except it never, ever works. In part, because spending far outpaces tax revenue but also because the wealthy they target are free and rich enough to go elsewhere and take their money with them.

The same thing happened recently in Norway:

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What's the definition of insanity again?

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Tax them even harder. It'll work this time.

Or something.

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Wash, rinse, repeat.

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Greed.

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And all their money goes bye-bye.

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You'd think they'd learn this.

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Sure does.

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Truth!

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YUP.

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And yet the Left is always surprised by this.

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Textbook example.

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Everyone.

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Because politicians by and large don't think about consequences.