Get the latest tech news

Norway: Taxing Unrealized Gains Has Caused an Entrepreneurial Exodus

Recently, my story as a Norwegian entrepreneur facing an unrealized gains wealth tax bill many times higher than my net income went viral, amassing over 100 million views on X. A few years ago I publicly called out that this tax is both impossible-to-pay, but no politician would listen. So I made the difficult decision to leave my home country. I don’t know how I was supposed to pay the tax, but I recently found myself plastered on the "Wall of Shame" at the Socialist Left offices.

Recently, my story as a Norwegian entrepreneur facing an unrealized gains wealth tax bill many times higher than my net income went viral, amassingover100 millionviewson X. Ayn Rand's 1957 novel Atlas Shrugged paints a vivid picture of a dystopian society where government overreach and socialist policies kill innovation and demonize entrepreneurs. The wealth tax's mere existence continues to create absurd incentives for excessive debt and over-investment in housing, detracting from more productive investments like stocks and startups.

Get the Android app