2min chapter

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Does Anyone Really Know What Socialism Is? (Ep. 408 Rebroadcast)

Freakonomics Radio

CHAPTER

Norwegian Economy - Socialism?

Nordick countries rely on most people paying relatively high taxes, which is how they can afford such generous benefits. In norway, the tax burden is more equally shared, and then those taxes are aggressively reallocated. By comparison, the u s has most people paying relatively low taxes, which leaves less money available for the more generous programmes that many democrats would like to see....

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