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Reverse Trump Tax Policies Lead to Economic Boom in Sweden

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Through a steady diet of tax increases and welfare spending, under Andersson's leadership, Sweden's economy grew at 3.1% of GDP in 2016, as compared to just 1.6% growth in the U.S. At the same time, Sweden's tax burden is among the highest in the world, at 43% of GDP (as compared to 26% in the U.S.) On Andersson's watch, Sweden has the highest labor force participation rate in the European Union, thanks to policies like tax-funded childcare and paid parental leave, which allows both parents in a family to work. Additionally, Sweden has shifted from budget deficits to surpluses and holds one of the world's lowest public debt burdens. Not everyone in Sweden is on board with these economic programs, however. As the top marginal tax rate approaches 70%, opposition to the current Social Democratic leadership has threatened a vote of no confidence against Andersson unless she w

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