Høyre will remove all property taxes on housing in Oslo

Oslo,Eirik Lae Solberg (Conservative Party): Terje Pedersen / NTB scanpix

A few days before the election, Oslo Høyre proposes to remove all property tax on housing in the capital. Efficiency should cover the loss, according to the party.

Oslo Høyre’s proposal goes beyond what the government has set as its goal, which is that the maximum property tax should be reduced from 5 to 4 per mille, writes Dagens Næringsliv.

It is expensive enough to live in Oslo. The tax makes housing more expensive. It hits randomly – neighbours with identical homes have in many cases received very different taxes. In addition, the property tax is unsocial, it must be paid without regard to the income level, Høyre’s city council leader candidate in Oslo Eirik Lae Solberg told the newspaper.

Oslo Høyre proposes full removal of the property tax from 2020. In the party platform, they have previously promised that the property tax on housing will be removed “during the coming city council period.”

The revenue loss will be NOK 600 million. Lae Solberg believes it is possible to cover the loss by cutting out some less important tasks and streamlining operations with some per mille. He assures that the loss will not affect schools and elderly care.

© NTB Scanpix / #Norway Today

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