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by killtimeatwork
1693 days ago
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I'm not sure about that. Norway or Sweden are infinitely more progressive than the US and yet people there are neither in poverty nor in Gulags. Are you saying it's only a matter of time until they end up there? What's your estimated timeframe for that? |
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Sweden is a social democracy that has generous welfare benefits, which are funded primarily via sales taxes (VAT) of 25%[2] and "high, but flat" income taxes[3] that are much less progressive than in the U.S., and much lower corporate tax rates than in the U.S.
It is also a country that respects private property and has a mania for privatizing everything under the sun. It's the home of enormous global corporate empires like Ikea, Volvo (trucks, the cars were sold off), H&M, Atlas Copco, Ericcson, Spotify, etc.
Sweden is the only country I know where private for profit schools compete for public school dollars, and for profit private companies are allowed to run welfare programs. Sweden has famously been called a "capitalist welfare state".[1]
[1]https://iea.org.uk/sites/default/files/publications/files/Pr...
[2]https://www.avalara.com/vatlive/en/country-guides/europe/swe...
[3]https://taxfoundation.org/how-scandinavian-countries-pay-the...