At that time, nevertheless, Swedish taxes have been 27 percent in the GDP, in comparison with 47 percent now. The golden times of Swedish welfare didn't coincide Using the higher tax regime we know today.
Some standard of taxation is, naturally, needed to fund the general public sector. simultaneously, a large level of taxation doesn't automatically translate into an Similarly higher degree of welfare:
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There are two important reasons why the common Swedish employee pays a substantial part of her or his profits in taxes, with out necessarily getting an Similarly substantial level of welfare.
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