There is no evidence that high tax rates in Nordic countries are adversely affecting the ability of these countries to compete effectively in world markets.

Question

Quizplus · Accepted Answer

Nordic countries, despite their high tax rates, consistently rank high in global competitiveness indexes, indicating that their tax policies have not hindered their ability to compete effectively in world markets. Factors such as high levels of education, strong social safety nets, and substantial investments in research and development contribute to their competitiveness.

There Is No Evidence That High Tax Rates in Nordic