LO's Largest Confederation Demands increased Tax Next year Vedum Will Hold Again

LO's largest confederation is demanding increased taxes next year Vedum will hold again.

The Minister of Finance will maintain the current tax level The trade union wants a "financial escalation plan for the public sector" and proposes a number of tax increases.

The governing parties and SV increased the general tax level in Norway by over NOK 46 billion from last year to this year Finance Minister Trygve Slagsvold Vedum (Sp) tells Aftenposten that the aim is to avoid increasing the tax level further.

- Undoubtedly The aim is to be able to continue the tax level we have now, he says.

He is then counting on the salmon tax, which comes into effect from 1 January this year but which has not yet been adopted in the Storting But in the red-green hinterland, not everyone agrees.

The trade union is LO's and Norway's largest employee organisation, with over 400,000 members Most in the public sector.

The association is led by Mette Nord, who also sits on Aps' central board LO confederation wants taxes up The confederation has sent input on next year's state budget to the Ministry of Finance and the Prime Minister's office, ahead of the so-called March conference.

This is the government's first budget conference each year Here are important guidelines for the upcoming budget.

Aftenposten has been given access to the Trade Union's input Here it is stated that Norway's largest trade union wants to "increase the public resource base" and proposes a detailed tax package to achieve this.

"Increased revenues to the public sector provide the opportunity for increased public investments," the letter to the finance minister states In a separate letter to Prime Minister Jonas Gahr Støre (Ap), it sets out what the trade union wants to prioritize in terms of public initiatives in 2024.

The trade union will, among other things, strengthen the municipal economy, child protection and the public health services, especially hospitals To finance this and to reduce the financial differences, the Trade Union proposes several tax measures.

The trade union advocates, among other things, increased tax on wealth and dividends, as well as on profits from financial services and insurance The trade union also wants increased tax on incomes over NOK 900,000 and equal or reduced tax on incomes below this.

Confederation leader Mette Nord cannot say how much the Confederation of Trade Unions will overall increase the tax level - But everyone wants good public services, and then we must also be willing to pay what it actually costs, she says to Aftenposten.

She emphasizes that the Trade Union will not increase taxes for ordinary people And that the most important move to increase tax revenue is to get more people into work.

- But we believe that we should look at capital taxation with new eyes Vedum is not quite there.

He believes that capital taxation is "at a level that is right" - There may be adjustments up and down, but the main part is quite right, he says.

He adds that the government still wants to use the tax system to redistribute more LO: - Can't get away from tax debate LO's chief economist Roger Bjørnstad in LO tells Aftenposten that LO has not taken a decision on which tax level is correct.

- But we have pointed out that there is room for tax increases on certain high-income groups and on capital And then it is obvious that we have a funding challenge related to the elderly wave, he says to Aftenposten.

More and more elderly people will incur higher pension and health expenses in the years to come - When we have a higher need for health services, we have to pay for it.

We have to, regardless of whether we organize it in the private or public sector, from our own wallets or through the tax bill He believes we can hope to reduce the need for funding by organizing work better, using more technology and prioritizing more correctly.

- But we won't escape a debate on tax increases either, I would like to think, says Bjørnstad More people in work and oil money But Vedum will therefore solve the challenges in a different way.

On Tuesday, he gave a lecture at the University of Oslo on the outlook for state finances He has already published the analysis in Aftenposten.

The message is that the war in Ukraine is an economic turning point on a par with the fall of the Berlin Wall in 1989 - but now in a negative sense In the future, Norway must count on spending large sums on preparedness and security, he says.

Now the high energy prices give Norway wild income from oil and gas But the cash flow is expected to decrease.

In the long term, this will result in lower growth in the Oil Fund This will give more room for maneuver in the annual budgets, at the same time as the wave of elderly people hits us with full force.

The aim of Vedum is nevertheless that everyone should get a little better off every year People should be left with more, and have a positive welfare development.

How will the guild be financed? More at work, is Vedum's answer - And we have the oil and gas revenues, which we are still phasing into the economy.

So we have room to make new, heavy priorities, which we have done For example, the free after-school program (SFO) is a new big and heavy priority, he says.

- There are many new steps we will take in the future as well But defense and preparedness will be a main priority.

- It is increased use of oil money that will finance more welfare? - We do have a phasing in of oil money in Norway, but we are doing it gradually and carefully That is the freedom we have.

But we have to do it in a way that means prices don't go up, and people's real wages can rise again aps lise christoffersen says that Ap is teaming up with the Trade Union Confederation to strengthen the welfare state.

But the party will have to return to the specific arrangements for tax when the government's budget proposal comes - We must find a balance between creating and sharing so that we have a fair and redistributive tax system, she says.

aps lise christoffersen says that Ap is teaming up with the Trade Union Confederation to strengthen the welfare state But the party will have to return to the specific arrangements for tax when the government's budget proposal comes.

- We must find a balance between creating and sharing so that we have a fair and redistributive tax system, she says aps lise christoffersen says that Ap is teaming up with the Trade Union Confederation to strengthen the welfare state.

But the party will have to return to the specific arrangements for tax when the government's budget proposal comes - We must find a balance between creating and sharing so that we have a fair and redistributive tax system, she says.

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