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Very true! This is only possible through Sweden's standardization of tax rates — it's more like if the federal government directed the taxes they receive immedi
by alehul 8y ago
Very true! This is only possible through Sweden's standardization of tax rates — it's more like if the federal government directed the taxes they receive immediately to the local jurisdictions, but the federal government still sets the specific tax rate. Local governments won't need other forms of taxation in this model, as the income tax received is more than enough to have perfect infrastructure and all.
It's currently infeasible in the US due to how substantial our federal government is, but it's funny as it's a libertarian dream to minimize the government; Sweden's success is in fact doing so, but also keeping tax rates high in the process.