I would bet if one were self employed or legally employed in America they would be better off than in Sweden.
“How high are tax rates in Sweden?”
- Income tax: 28-30%, Corporate tax: low (varies a lot though, generally speaking, corporate taxes are easy to elude), Sales tax: 25% (there’s also a lot of extra taxes on things like gas, alcohol and tobacco)
“Do people have more assets in America and less taxable income”
- Swedes like to invest. A lot of us do so in rapidly growing Swedish corporations like H&M (a shooting star in the discount fashion business). Furthermore, many middle class families in Sweden own two houses, like pointed out above, so there’s no lack of ‘assets’. On the other hand, Swedes tend to save up rather small amounts of cash compared to people in other rich nations. One explanation is the generous welfare system. People are aware that whatever misfortunes they will confront, society will be there.
“How many undocumented aliens are in Sweden?”
- My personal guess would be they are something in the range of 50 000 - 100 000 (population of Sweden is 9.1 million)
“Can one live in Sweden with out being on Welfare or with out a job? How easy is it to start a business.”
- It’s difficult to get hold of money without either working or filling in applications for benefit, but of course there are alternatives..
Starting a business in Sweden is rather easy. One good thing about the Swedish tax system is that it favours investment and entrepreneuership. On the other hand, as soon as you want to move money out of your company for your own personal use, there will be problems.
“I would bet if one were self employed or legally employed in America they would be better off than in Sweden.”
- Could well be true, although I’d say the bigger your company grows, the more advantages there are with the Swedish system. Sweden substitutes the interests of big corporations on behalf of smaller ones. These matters are often discussed over here.