Swedish taxes no longer highest

Taxes in Sweden are getting close to the EU average in relation to the countries' Gross Domestic Product. 

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  Internationally, especially perhaps in the US, Sweden is known for its high taxes. An image that is slowly fading, according to new statistics.

• Swedish taxes no longer highest
  Sweden no longer has the highest taxes in the world. New statistics show that Denmark, Belgium, and France are countries that now have higher taxes. At their highest, the Swedish taxes were about 50% of the gross domestic product. Now they’ve fallen to under 45%, which means a reduction of several hundred million Swedish crown (one million SEK equals about $153,000). If this trend continues, then Sweden will be at a European Union average (40%) within six to seven years.