How could Sweden fund a prospering welfare procedure with rather small taxes previously? given that the researcher Erik Moberg documents within a guide with the Ratio Institute, community income was invested A great deal in different ways back then.
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At that time, even so, Swedish taxes were 27 p.c in the GDP, when compared with 47 p.c these days. The golden days of Swedish welfare did not coincide Together with the substantial tax routine we know nowadays.
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The share of general public revenues expended on wellbeing care and schooling at the conclusion of the fifties was increased than it is nowadays.
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