A Stitch in Haste

A Stitch in Time Saves Nine...But Haste Makes Waste

A collection of real-world libertarian, individualist and laissez-faire rants on law, economics, politics, culture and other current events
by an average, everyday lawyer & investment banker and part-time pop scholar.

Finland Abolishes All Tax Record Privacy
(Why aren't you reading this at the new website?)

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Computer Hacker #1: "Hey look, this vice president makes twice as much as that vice president. I bet they don't know that!"

Computer Hacker #2: "They do now -- I just emailed the entire company!"


--An old IBM commercial

Certain noisy socialists love to remind us that the Scandinavian nations supposedly have a "higher standard of living" than the U.S.

Of course, such calculations do not include factors like this:
Care to find out what your neighbor earned last year, or how much your partner really has stashed in the bank? In Finland you can -- and a lot of people did Wednesday.

Every November when the Nordic nation's tax records of the previous year become public, Finns indulge on a massive scale in satisfying their curiosity about each other's finances.

Newspapers were crammed with lists of the wealthiest and highest-earning men and women in 2004.

Veroporssi, a private firm which offers income details on everyone in Finland via mobile text message, said it was its busiest day of the year and had no time to comment.
Words escape me.

Of course, the next logical question, to the extent logic plays any role here, is why should tax records be public information but not library records, or medical records, or report cards, or credit card statements, or grocery lists, or Netflix queues, etc.

If this is what a nation with a "higher standard of living" considers an appropriate privacy policy, then I'd prefer poverty.


(Click to enlarge.)
Posted by Kip on 3 November 2005


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