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#economicmodels — Public Fediverse posts

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  1. retroshare://chat_room?name=%23%D0%98%D0%9B%D0%98%D0%A2%D0%90&id=L13129B3B4419DA72

    Вот перевод моего ответа на английский:
    This is an **economics-themed meme**, which *claims* that Norway’s wealth-tax increase caused a net loss in government revenue.
    **What exactly is shown?**
    **The text:**
    It states that:
    Norway raised its wealth tax;
    it expected to collect +$146M;
    but allegedly lost $448M because $54B in wealth left the country;
    resulting in a total reduction of $594M in tax revenue.
    **The chart:**
    It’s the *Laffer Curve* — a popular but debated economic concept suggesting that if tax rates are too high, government revenue eventually falls due to capital flight, tax avoidance, lower activity, etc.
    **Important to understand:**
    This is **not an official report** and **not a scientific chart**, but a social-media-style visualization making a claim.
    Many such images are **politicized memes**: they use selective data or interpret it in a convenient way.
    The Laffer Curve is a **theoretical model**, not a universal law.
    If you want, I can:
    — fact-check the specific numbers;
    — explain the context of Norway’s wealth tax;
    — show where the argument in this picture is manipulative.

    #Norway #WealthTax #LafferCurve #Economics #TaxPolicy #CapitalFlight #BudgetLoss #FactCheck #EconomicModels #FiscalPolitics