We are jealous of the Norwegians
Whether it is our waistlines or our bank balance, we tend to find ourselves in recovery mode after Christmas. However, for those living in Norway they don’t find this to be as much of a problem as we do.
In November each year, the Norwegian government halves the income tax rate it charges individuals.
The result is that employee’s pay checks are a little bigger in December which helps the Norwegian’s prepare for the Christmas season and gives them more money to spend on Christmas presents for their kids and family. The result – happier people and a more stimulated economy.
Maybe the National Government should take a leaf out of the Norwegians book.