How could Sweden fund a prospering welfare procedure with somewhat lower taxes previously? As the researcher Erik Moberg documents in a very reserve for that Ratio Institute, community money was invested Substantially differently back again then.
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At that time, however, Swedish taxes have been 27 per cent from the GDP, in comparison to 47 % currently. The golden days of Swedish welfare did not coincide with the significant tax regime We all know now.
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And, when compared to the nineteen fifties, near to thrice just as much of general public revenues at the moment are spent on community bureaucracy.
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