Swedes pay most taxes
NZPA-Reuter London Sweden, with its commitment to the Welfare State, is the world’s most heavily taxed country, official statistics show. New Zealand lies thirteenth, four places in front of Australia. The top 10 nations in the world’s tax league are all European. Britain, where the Thatcher Government is
concerned that tax and social security contributions now take 40 per cent of gross domestic product, is ranked ninth, just ahead of West Germany. The table below, showing tax as a percentage of gross domestic product, is based on latest 1982 figures from the Organisation for Economic Co-operatjon and Development. (The figures for Italy, Australia, and the
United States are 1981 figures). Sweden, 50.3; Norway, 47.8; Netherlands, 45.5; Belgium, 45.4; Denmark, 44.5; France, 43.7; Austria, 41.0; Ireland, 40.5; Britain, 40.0; West Germany, 37.0; Finland, 36.8; Canada, 35.9; New Zealand, 34.0; Italy, 33.7; Luxemburg, 33.3; Greece, 31.7; Australia, 31.6; United States, 31.2; Portugal, 31.1; Switzerland, 31.0.
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Press, 4 February 1984, Page 8
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157Swedes pay most taxes Press, 4 February 1984, Page 8
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