At the moment, nonetheless, Swedish taxes have been 27 % of the GDP, in comparison with forty seven percent now. The golden days of Swedish welfare did not coincide Using the higher tax routine We all know nowadays.
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The renowned Swedish welfare condition would be to a substantial diploma a notion of your past. a lot of think that its glory times occurred over the late nineteen fifties and early 1960s, when Sweden effectively combined welfare procedures having an growing economic system.
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There are 2 essential explanation why the typical Swedish employee pays a significant percentage of her or his profits in taxes, with out automatically acquiring an Similarly substantial degree of welfare.
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