Nearly half of Norway wants wealth tax cut or abolished

Nearly half of Norway's population desires a reduction or complete removal of the wealth tax, according to a recent survey. The findings indicate a significant public sentiment shift, with 49 percent expressing a wish to cut or abolish the tax.

The survey highlights a division in opinion, particularly among supporters of the Labour Party. While a majority of Labour voters (69 percent) prefer to maintain or increase the wealth tax, a notable 21 percent believe it should be reduced or eliminated.

This public discussion comes as the Tax Commission proposes potential cuts to the wealth tax, amounting to up to 20 billion kroner. The commission's report is currently undergoing a public hearing process, which is scheduled to conclude on September 24. Following this period, the government is expected to present its proposed changes to the Storting, Norway's parliament.

State Secretary Ellen Reitan from the Ministry of Finance commented on the findings, noting that a majority still supports the wealth tax. She emphasized the Labour Party's view that the tax is crucial for ensuring fair distribution within the country.

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It is worth noting that a majority wants to keep the wealth tax. The Labour Party believes the wealth tax is important for ensuring fair distribution.