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For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
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Geology and geography are also helping a lot.
They don't withdraw much from that fund though and have an annual ceiling of 3% of its value, they still pay a good amount of taxes (22% on income, 25% sales tax). Blaming the oil fund just shows how lacking other countries management is.
They don't withdraw a lot, but having it means they don't have a need to tax all the things just in case either and they can take a hit today to plan for a better future. That is to say, EVs in Norway are exempt from vehicle taxes, import duties, registration fees and get all kinds of other benefits too making them way cheaper in comparison to ICE cars.
That fund has something like $200 000 per Norwegian in it.
Close.
Every NOK over 500k is now with VAT. They changed it last year.
The selection under 500k is still quite good, so I’m not gonna pretend the deal is horrible, and you only pay on the amount over, so a 600k car is still artificially cheap compared to most places.