04-16-2019, 01:25 AM
Quote:“The short version of the story is that Sweden and other Nordic countries ... have high taxes and they have fairly good economic performance,” Torben Andersen, a professor in the Department of Economics and Business Economics at Aarhus University in Denmark, told CNBC. “And the simple explanation is that you cannot judge the effect of taxes without knowing what they are financing.” Sweden is known to have some of the highest taxes in the world. At the same time, unemployment is low and the country has posted better GDP numbers than the United States in recent years. Here’s how a country with fewer than 10 million people pulled it off.Taxes and Sweden: How one country deals with high taxes without hurting growth
There is a video in the link explaining things..