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The reforms have been extremely successful to date. As taxes have decreased from 57 p.c of GDP in 1989 to forty seven p.c of GDP in 2009, the incentives to work have improved, with Swedish growth rates benefiting. The convergence of lower taxes and lessen general public shelling out is likely to continue. In the end, knowledge has created it fairly evident For a lot of Swedes that remarkable significant taxes are usually not The crucial element to qualitative welfare solutions along with a perfectly working Culture.
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