How could Sweden fund a prospering welfare system with fairly reduced taxes in luxury138 the previous? because the researcher Erik Moberg documents in the ebook for the Ratio Institute, public cash was invested A great deal in different ways back again then.
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At that time, nonetheless, Swedish taxes ended up 27 % from the GDP, compared to 47 % today. The golden times of Swedish welfare didn't coincide Along with the superior tax regime we know currently.
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And, in comparison with the nineteen fifties, near to three times as much of community revenues are now expended luxury138 on public bureaucracy.
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