Manager
Government should not be locked into current taxation. This will harm Norway’s economy.
RETHINK: Finance Minister Trygve Slacksvold Vedum (SP) (TV) and Prime Minister Jonas Carr Stort (AP) must reconsider taxes in next year’s state budget. Photo: Terje Pedersen / NTP
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Manager: It is Dagbladet’s editorial and expresses the newspaper’s vision. Dagbladet’s political editor is responsible for the editorial.
As time changes, Politics should do the same. In Norway’s current economic situation, politicians need to think anew to reduce inflation and ensure that the key interest rate is not raised too high. So a few tax measures may be in order.
There is only one small problem. Before the election, Jonas Karr launched the so-called Store Tax Pledge. The law provides that the aggregate amount of taxes and levies on the income of the people shall not increase. This means that if one tax or fee goes up, the other must go down.
This is basically a sensible line to take. Not the least of the promises is that the tax burden on low- and middle-income earners will not increase with a Labor-led government.
I understand why Storr needed such a promise in the eyes of voters. The Conservatives may find it hard for Labor to attack Labor and accuse them of drastically raising taxes and scare away so-called “purple voters”.
But the tax promise is not very meaningful at the same time. The overall level of taxes and fees on income doesn’t necessarily say much about how fair a tax system is—it probably is about that. what And how We tax. There’s a subtlety we’ve missed in Store’s tax promise.
Also, there is now a need to lower the temperature in the Norwegian economy. If it is to be done mainly through interest rate hikes, it will strike blindly. There is indeed an opportunity for the government to target certain groups in society and reduce the effect of increased temperatures on the economy. Through autumn budget negotiations with SV, the government will decide next year’s tax level.
This could be a golden opportunity The Støre government must create a fair and just tax system. It may also tax inheritance, property and wealth a little more. Both of these can ensure that the temperature in the economy is reduced somewhat. At the same time, some moderate tax concessions may be made available to the needy.
So, the most important argument of Støre’s tax promise is: people with low and middle incomes should pay less tax. The rich have to pay a little more.
The leader initially said Labor would not raise the overall tax rate. Aimed at people who do not want to increase overall taxes and fees on their incomes.
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