Sweden is infamous for having some of the highest taxes in the world, and yet the country’s tax agency is still one of Sweden’s most trusted institutions.
The Swedish attitude towards tax contrasts sharply with many countries where taxes can be a deeply divisive issue. We investigate what this says about Swedish society and how the popularity of the welfare state might survive growing challenges in the future.
Thanks, and your math makes sense, but I think this is a misinterpretation by op. It’s fair to say that as a percentage of expenditure… But not tax dollars.
Social security gets complicated because it’s set up as a trust fund and has investments that grow to support disbursement rates. It also means that the expenditures should be carved out, same as the inbound tax. This should shift the calculations meaningfully.
Social security is a Ponzi scheme, not a trust fund. There’s no growing pot of money, the inbound payments are directly used to pay current benefits.