November is tax-publicizing season in Finland, where, unlike America, the government releases all individuals’ tax records to help build public support for the country’s vast welfare state. Thus, reported Foreign Policy magazine, Finnish society gets a “yearly dose of schadenfreüde” … “opening the door for a media frenzy of gossip, boasting and fingerpointing” about “fair share” and who’s more worthy. A few, however, proudly pay high Finnish taxes as a “badge of patriotism,” rejecting common tax shelters. “We’ve received a lot of help from society,” said one homegrown (and wealthy) entrepreneur, “and now it is our turn to pay back.”
Follow FOLIO!