tag:blogger.com,1999:blog-4900303239154048192.post5167430837919800794..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Kevin Hassett and Donald Luskin Do Not Understand Norwegian Tax LawUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4900303239154048192.post-54480729498930900612017-07-25T05:40:58.598-04:002017-07-25T05:40:58.598-04:00Or we could note what is actually being done:
&qu...Or we could note what is actually being done:<br /><br />"Norway produces and exports a lot oil. President Trump is also hoping we can export a lot of natural gas, coal, and oil. Maybe the right thing to do is to follow Norway’s lead and raise the tax rate on these profits."<br /><br />They are taxing the Ricardian rents of those natural resources. And why not, a very sensible thing to be doing.Tim Worstallhttps://www.blogger.com/profile/13161727860817121071noreply@blogger.com