They hate wealth creation in the private sector.
Individual sovereignty and protection of property rights is an anathema to socialists, who view income as de facto property of the state and it’s up to them to decide how much the subject is entitled to keep as they redistribute the rest the way they see fit. There is no respect for successful people as long as it happens outside big government.
Crony capitalism/welfare capitalism is the marriage of business interests with that of the state’s and they award each other in much the same way big unions award politicians with the votes of their rank ad file for continued largess.
The ”wealth tax” is nothing more than the stealing of private poverty and crippling a free market economy, for as I’ve said here repeatedly, every single note of currency taken from the private sector and redistributed by big government, is one note of currency taken from wealth creation.
NOTE: Sad thing is, she speaks the obvious to a heavily socialized people who view it like it’s something from another planet.
The SV parliamentarian also rejected Skogen Lund’s calls for the country’s wealth tax to be ditched, instead heralding the efforts of former Finance Minister Kristin Halvorsen, who stepped down as SV party leader earlier this year.
“There are more than 600,000 fewer people paying wealth tax since Kristin Halvorsen gave huge tax cuts to ordinary people and clamped down on the wealthiest. Wealth tax represents sound distributive politics,” said Valen.
At the opposite end of the political spectrum, the conservative Progress Party welcomed Skogen Lund’s opening political salvos.
A day after her appointment as NHO chief, the former Telenor vice president immediately called for the abolition of wealth tax, while arguing that society benefits from having more wealthy people operating businesses and creating jobs.
“I don’t think we should be so afraid of letting people get rich,” she said in an interview with newspaper Aftenposten, arguing that creators of wealth also act as driving forces for the economy.
She further contended that business leaders are often unfairly targeted for their high wages.
“Being a leader can be quite thankless. It’s a difficult task and one has to do some unpopular things. What perhaps annoys me the most is that we’re not very good at getting behind the business sector,” said Skogen Lund.
In a comment that enraged Snorre Valen of the Socialist Left (SV), she also called for greater moderation on behalf of employees in collective wage agreements.
“I think we should be honest enough to say that we are not fully satisfied, especially with the settlements of the last couple of years. It has been very difficult to get approval and acceptance for moderation.”