I work for a Swedish company and spend 2 months a year in Sweden.
“(Sweden has) Lower corporate taxes than America and Germany”
I have no idea if true but I don’t see how it can be much lower.
“(Sweden has) Lower Income taxes than the US”
He probably means the average person pays less because he makes half what his US counterpart makes. The tax rate is actually much higher.
“(Sweden has) Much higher wages than the rest of Europe, Japan and the US”
This is complete BS. The average professional in Sweden makes $40,000 USD while the same position pays $80,000 in US and over $250,000 in Japan. (However the cost of living in Japan is huge but Sweden and US is comparable)
“This is complete BS. The average professional in Sweden makes $40,000 USD while the same position pays $80,000 in US and over $250,000 in Japan. (However the cost of living in Japan is huge but Sweden and US is comparable)”
- What you fail to understand is that in both Sweden and USA professionals like successful dentists/lawyers/software programmers make up for a very small part of the labor force.
Instead you should be asking things like;
“What does a Volvo worker earn compared to the ordinary (US) GM/Ford employee”
Not to mention the ridiculous wages people working for Wal Mart, McDonald’s etc. earn in America..
No one denies the fact that the really rich in America is really rich.
The question is this;
- Does the average American family own two houses and a $35 000 Volvo v70 while travelling to exotic resorts in Thailand and such places each year?
You’ve been to both Sweden and America just like I have, do you really think the average person lives better in the US than in Sweden?
No offence. I respect opinions differing from my own.
Cheers!
The tax rate is actually much higher.