[lit-ideas] Who Says High Taxes are Bad?

  • From: Eric Yost <mr.eric.yost@xxxxxxxxx>
  • To: lit-ideas@xxxxxxxxxxxxx
  • Date: Thu, 29 Sep 2005 00:36:48 -0400

http://www.nytimes.com/2005/09/29/business/worldbusiness/29compete.html

Finland Again Ranks First Among Global Competitors

By TOM WRIGHT,
International Herald Tribune
Published: September 29, 2005

GENEVA, Sept. 28 - Nordic countries remain more competitive than those of any other region, while Japan and the major economies of Europe have become less so, the World Economic Forum said Wednesday in its annual study.

<snip>

The high rankings of Finland, Sweden, Denmark, Iceland and Norway highlighted the countries' ability to foster a climate in which business can flourish while they also run large social welfare systems. Their success can in part be explained by high taxes, which most citizens accept in exchange for free health care and education, affordable child care and generous unemployment benefits.

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