Wealth tax increases by NOK 2.4 billion. Income tax of less than NOK 750,000 is reduced by NOK 4.5 billion. At the same time, they introduce tax increases for those earning more than NOK 750,000 Dividend tax increased from 35.2 to 37.8 percent. An additional 5% employer tax will be introduced for wages above NOK 750,000. The government is postponing the taxation of so-called “private consumption” in companies, which will tax, for example, private planes and yachts. They say they will present a proposal next year.
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This is confirmed by the tax table in the balance sheet. But there will be no major changes.
Here are some examples:
349,200 people serve between NOK 700,000 and 800,000. They maintain the current tax level. Those who earn the most in tax relief are the 282,600 taxpayers who earn between 550,000 and 600,000 crowns r. They receive an average of NOK 2,000 in tax relief and a few hundred Swedish kronor in increase in wealth tax. I 270,500 with annuity between NOK 250,000 and 300,000 will receive NOK 1,300 less in taxes with the government proposal.
At the same time, the government will raise the wealth tax. But for these groups, wealth tax increases are trivial.
So many people get tax breaks
According to the government tables, 3,005,900 will receive less taxes with the government proposal, while 1,551,000 will receive a tax increase.
The number of those receiving tax increases includes 372,700 people earning less than NOK 100,000. Many of these do not pay income tax due to low wage income, while on average they receive NOK 100 in increase in wealth tax.
These get more taxes
Government tables examine how changes in income tax and wealth tax play out.
If we look at those who receive a tax increase, the figures look like this:
There are 385,400 people earning between NOK one and two million. On average, they get NOK 2,300 more in taxes and NOK 1,400 more in wealth taxes. Only when we reach a salary between NOK two and three million does the increase start to increase: they get NOK 9,900 more in tax and NOK 5,200 more in property tax. The 23,900 Norwegians who earn more than NOK three million receive an average of NOK 67,400 more in taxes and NOK 28,500 more in wealth taxes.
In total, there are currently 4,556,900 taxpayers in this country receiving on average a total of NOK 300 in tax relief and NOK 500 in wealth tax increase.
Information
This is the national budget
* The state budget is the government’s plan for how the state will spend money in the next year.
* The government presented the state budget for 2023 on 6 October at 19:00 10.00.
* Finance Minister Trygve Slagsvold Vedum (Sp) announced a limited budget in advance.
* After the presentation of the state budget, the governing parties AP and SP will enter into negotiations with SV to obtain a majority in the Storting.
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46 billion in tax increases
The government’s proposal for the national budget increases taxes by NOK 46 billion next year in total.
Of these, businesses will be the hardest hit with tax increases of NOK 41 billion.
CRITIC: right-wing deputy leader Tina Bru. Photo: Tore Kristiansen / VG The opposition reacts to large tax increases:
– Since last year’s elections, the Labor Party and the Center Party have raised taxes by $ 53 billion, says Tina Bru, spokesperson for the Conservative Party’s fiscal policy.
– The government says this is necessary to avoid welfare cuts. The same government can still afford to spend people’s money to create more counties and to reverse a judicial reform, a railway reform, a EBA-reform and more.
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