PSA for the TUSCL $350k club - Norway: The country where no salaries are secret
Alter_Kocker96
ATTN: Norway: The country where no salaries are secret, By Lars Bevanger,BBC News, Oslo.
http://www.bbc.com/news/magazine-4066923…
'In the past, your salary was published in a book. A list of everyone's income, assets and the tax they had paid, could be found on a shelf in the public library.
These days, the information is online, just a few keystrokes away. The change happened in 2001, and it had an instant impact.
"It became pure entertainment for many," says Tom Staavi, a former economics editor at the national daily, VG.
"At one stage you would automatically be told what your Facebook friends had earned, simply by logging on to Facebook. It was getting ridiculous."
Transparency is important, Staavi says, partly because Norwegians pay high levels of income tax - an average of 40.2% compared to 33.3% in the UK, according to Eurostat, while the EU average is just 30.1%. "We [need to] have trust and confidence in both the tax system and in the social security system."
This is considered to far outweigh any problems that may be caused by envy.'
Finally, a post about something other than 'schmuck' envy :)
Respectfully, AK
http://www.bbc.com/news/magazine-4066923…
'In the past, your salary was published in a book. A list of everyone's income, assets and the tax they had paid, could be found on a shelf in the public library.
These days, the information is online, just a few keystrokes away. The change happened in 2001, and it had an instant impact.
"It became pure entertainment for many," says Tom Staavi, a former economics editor at the national daily, VG.
"At one stage you would automatically be told what your Facebook friends had earned, simply by logging on to Facebook. It was getting ridiculous."
Transparency is important, Staavi says, partly because Norwegians pay high levels of income tax - an average of 40.2% compared to 33.3% in the UK, according to Eurostat, while the EU average is just 30.1%. "We [need to] have trust and confidence in both the tax system and in the social security system."
This is considered to far outweigh any problems that may be caused by envy.'
Finally, a post about something other than 'schmuck' envy :)
Respectfully, AK
4 comments
where are all the boastful rich guys when it's 'put up or shut up' time?