In Norway, Start-ups Say Ja to Socialism - Essay Example

The article presents a contradiction of two tax systems that are practiced in Norway and U.S. The tax regimes are ironical in the sense that they seem to be opposite of each other while at the same time receiving opposite reaction from the citizens of those countries. Whereas in Norway the tax rates are higher than those in the U. S., people in this country are readily willing to support the government by willingly and socially paying their taxes. Using primary figures and data from both countries, the author of the article manages to convince the reader that the information he is giving is true.

The author is an American who knows the American tax system very well and he spends a few weeks in Norway interviewing notable entrepreneurs such Dalmo, Sujit among others who have invested in Norway and they feel a social duty to pay taxes.While the author has tried to give objective analysis of the two tax systems, he is obviously consumed with the Norwegian tax system. The picture he paints in throughout the article is a social system in Norway that is foolproof to any tax evaders. All we wants to bring out is that every Norwegian is happy and contented with the taxes that they pay despite the rates being among the highest systems in the world.

It is also ironical that as Norway continue to sail in the glory of entrepreneurial success; the U.S under President Obama bragging that the administration had passed. The article is well researched and well written and makes pertinent issues that are important for economic and social development of countries. Together with a touch of humor, the writer captures the imagination of the reader. He makes the reader to want to have another article. I would surely read another article from the writer since he seems to understand the life style and the effects of taxation on social and economic development very well.

Much has been written about taxation and how tax rates affect entrepreneurs in a given country. Taxation is a hot topic among people both employees and employers. The articles that I have read about taxations did not give explicit and clear comparisons and analysis backed with actual examples on how higher taxes can improve the government’s provision of services to the people. There are however, a number of articles that support the argument of the writer that higher tax rates would sometimes lead to better services if tax payers and the government agreed on the provision of social welfare services such as health, education, and other benefits to the people.

When people see the work that the government is doing with their tax they will be willing to pay is higher tax on their income.Reply to the CommentDespite the potential problems that the Norwegian taxation system may cause, the business people in that country are happy with the benefits that taxation brings. However, the benefits of a heavily taxed business lie in knowing the limits and also exploring the available options before purchasing anything from the market. With fairness and satisfaction on the way the government manages the tax, entrepreneurs are likely to come up and start innovative businesses.

It all depends on the way the government uses the resources that it collects from the people. The richness of a people does not depend so much on the availability of consumers as on the available opportunities and proper management of resources. In this case, the lesser population of Norway when compared to some counties like the US has not prevented its entrepreneurs to amass wealth that has made its people among the richest in the world. All these result from better policies from the government and the willingness of people to comply with the existing policies.