Norway's Wealth Tax Unchains a Capital Exodus
created: Nov. 14, 2025, 5:39 p.m. | updated: Nov. 14, 2025, 6:37 p.m.
The mass departure of Norway's billionaires has transformed into an unprecedented exodus, as the nation's tax administration grapples with one of Europe's most demanding wealth tax and income tax rates.
The Wealth Tax BurdenThe net wealth tax stands at the heart of this controversy.
Norway’s Wealth Tax and the Founder Exodus@Jason, @alex and @Dune CEO Fredrik Haga discuss how Norway’s wealth tax on unrealized gains is forcing many founders to leave the country, as the policy creates overwhelming financial burdens for startups.
Other OECD countries watch developments closely, recognizing that Norway's wealth tax experiment may shape global tax policy discussions for years to come.
The story of Norway's wealth tax thus represents more than a simple tale of tax rates and capital flight.
3 days, 12 hours ago: Hacker News