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Economics
Tax & Spend

Norway Told to Cut Income Tax to Make Work More Profitable

  • Group recommends income-tax cuts to encourage working
  • Expert group report commissioned by previous government
Updated on

Norway should cut income tax across the board to improve people’s incentives to work, according to a committee of experts that made a swathe of proposals on revamping taxation in the Nordic country.

The ruling Labor-led government, whose predecessor appointed the working group, is more likely to listen to that proposal than the other recommendations, which included reducing the wealth tax and partially replacing it with a tax on inheritance.