Rich Norwegians Flee Fjords for Swiss Exile in Rage About Taxes
Nordic country’s millionaire prime minister has embarked on a push to tax the wealthiest for social justice
The sun sets in Tangstad fjord, in Norway.
Photographer: Olivier Morin/AFP/Getty Images
Some of Norway’s richest citizens are hoping for an electoral setback for the government this coming week as they rage at a fiscal regime that drove dozens of them into exile in Switzerland.
One of the world’s most prosperous diasporas has swapped the fjords for the Alps to escape a double whammy of higher wealth and dividend taxes since the minority cabinet of Prime Minister Jonas Gahr Store stepped in less than two years ago.
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Rich Norwegians Flee Fjords for Swiss Exile in Rage About Taxes