Richard Bucker

The politics of money and taxation

Posted at — Jan 11, 2014

I’m probably capitalist however I find myself intrigued by the social democracy found in Sweden. My thesis is very shallow. While the Swedish government imposes hey near 50% tax rate the countries infrastructure seems to take care of its people much better than here in the US. I find myself questioning whether or not the 50% tax rate in Sweden is no different than we have here. By the time you consider the different ways that we are taxed both on income and spending in the form of sales tax then there are the other services that we pay for like health insurance and unemployment. By the time we pay for these services that other countries provide for free and our compounded tax rates are we any better off than those countries? The diversity of climate notwithstanding.