Monday, December 30, 2013

Swedish Taxes - No Longer the Highest

Sweden has a history of having the highest taxes in the world, in proportion to the Gross National Product. The tax part used to be over 50 % of the Swedish GNP. Over the last seven years, with a centre-right government, the total taxes have been lowered to about 45 % of the GNP. This have caused Denmark, Belgium, and France to pass Sweden in the league of having the highest taxes. There is, of course, nothing good about having a top position in this league. The aim of politics must be to make the most of the tax money, not to have the highest taxes you can.

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