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by MandieD
2362 days ago
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Unlike most other petrostates, Norway has had the sense not to get high on their own supply - higher fuel taxes than their neighbors, stashing the oil revenues in a permanent fund, and taxing the heck out of their high salaries to pay for government spending. When the oil runs out, they’ll still have their (currently) 1 Trillion dollar permanent fund to cushion the blow. |
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