4 ms·
Sweden has cut services and taxes more than any other western country in the past decade. They still have some of the highest taxes in the world and an extensi
by workhere-io 13y ago
Sweden has cut services and taxes more than any other western country in the past decade.
They still have some of the highest taxes in the world and an extensive welfare state.
- pedalpete 13y agoThough statistically you are correct, I'd like to see a comparison of not only current tax rates, but tax rates compared to debt/deficits. The US may be collecting less taxes, but if they're just putting the remainder on credit, then they aren't really any further ahead (and possibly behind). I did a quick search, but didn't come up with anything.
- jpttsn 13y agoSweden collects high taxes even compared to other nations. When it comes to debt, the US is the outlier.
- roel_v 13y agoActually the US debt-to-GDP ration isn't all that bad, and its deterioration (or increase, depending on interpretation...) of the last decade is largely due to spending on war, not due to fiscal or socio-economic factors (that is to say, this is spending that can 'easily' be cut). Whereas the other countries with ratios similar to that of the US have historically not had much better figures, and their deficits are due to enshrined socio-economic structures.
- dalke 13y agoAny such comparison is tricky. Swedish taxes also pay for child care, medical care, elderly care, and even burial, which are seen more as a purely personal/employer cost in the US.