After ongoing speculation about Brian’s tax rate, we decided a graph was in order.
So, with a couple of home-brew beers and some salted nuts we settled into the couch. Brian fired up excel, and I started preparing some data (for excel that is – regex was required).
A couple of hours later we had our answers.
Norway does indeed have a graduated tax system, much like New Zealand, but in accordance with their tax philosophy, is considerably higher, with both our top tax rates at over 50%.
However, after a bit more research, what I even more found surprising, is not that Norway has a higher tax rate, but rather than New Zealand has one of the lowest personal income tax rates in the world (and one of the highest corporate rates). So, if you want to start a business, Norway it seems, is a pretty good place to be.