Norway is considering tapping its sovereign wealth fund to dramatically increase its support for Ukraine amid signs that US military backing is waning. Europe is in crisis mode after a bitter clash between Trump and Zelenskyy at the White House, and the Trump administration is reportedly considering cutting off all military supplies to Ukraine. Norway is sitting on €1.7 trillion in the world’s largest sovereign wealth fund, including an estimated €109 billion in war-related profits from increased gas prices in 2022 and 2023. The Nordic country has so far spent €3.35 billion on support to Ukraine - an amount described on Thursday as “pathetic” and “reprehensible” by the editors of major Swedish and Danish newspapers, whose countries, according to the same data, have contributed €5.41 billion and €8.05 billion respectively. “Norway is one of the few countries that has large amounts of money readily available, and we must therefore multiply our support for Ukraine immediately,” Liberal Party leader Guri Melby said on Saturday.
I wish my taxes in the US could be sent straight up to Ukraine since the Orange Moran and the Nazis got rid of every program that our taxes used to benefit us. I don’t want a penny going to those monsters.
Slava Ukraine!
Move to Texas or wherever the taxes aren’t paid and then just start sending money to Ukraine
edit: sorry i forgot to add /s
You still pay taxes in those states, just not income. Most people will pay more taxes in those states compared to places like California (not the rich, of course). Texas chose a system of sales taxes (state and local), which act like flat-taxes, which put more burden on lower income people.
Out of curiosity, could you live and work in Texas but do all your shopping outside to pay the absolute bare minimum in taxes?
Hmm, I guess theoretically. I bet towns or businesses close to eachother over a state border do something to equalize prices. Or I guess the businesses in the lower taxed state would just raise their prices because they can and still get business.
Sorry, forgot to add /s
$170billion have been allocated to assisting Ukraine.
While your own people can’t afford treatment and die of treatable illnesses, weird choice of fight.
Socialized healthcare would be cheaper and better tgan the current system, and the surplus that niw goes to people like Brian Thompson could go to Ukraine.
Thanks for pointing out another source of aid dollars.
While sending billions to Israel for bombing civilians?
Get real.
LOL imagine if the US Republican government would do a single thing that would help reduce the cost of health care, improve disease or health research, or even reduce taxes for anyone not making millions a year.
Your argument is so fake. Just the latest directive from the Kremlin.
On this episode of false dichotomy…
Weird dichotomy, when there’s more than enough wealth to take care of both, if it were managed sensibly.
Yes but how’s that relevant to the topic at hand?
Topic of hand is sending all of your (mismanaged or otherwise) wealth overseas while