Jens Stoltenberg (Norway Prime Minister), 27 Sept 2013: Norway natural resources are not privately owned. Oil & gas are owned & managed by Norwegian State by law Foreign companies to can sell oil & gas, with 78% tax So, revenue is from both taxing companies & direct ownership
@LandNoli Thanks again Noli for this important education.Please when time permits, share or repost some of the old videos you posted. We missed some of them as we joined Twitter not so long ago. They help clear things.Some of your content needs repeating until it sinks. Ungadinwa dadewethu
@LandNoli Thanks Noli, we really appreciate your efforts to educate us
@LandNoli Walala president of investments would tell you that we gonna chase away investors since hes busy tryna get errthang privatized
@LandNoli Yet in Africa resources are owned by private Western Corporations.
@LandNoli Not under the current leadership of the ruling party or government…
@LandNoli Only income from offshore production and pipeline transportation of petroleum on the NCS (offshore tax regime) is subject to the additional 56% special tax above the normal 22% Corporate Income Tax (CIT).
@LandNoli Norway is an example that socialism does work but often don't hear it. The Scandinavian countries have the best indicators because they aren't capitalistic