Nordic Model Taxes

The Nordic Model Explained: Happy Countries Pay more Taxes?

Year after year, the UN’s Sustainable Development Solutions Network releases the World Happiness Report. It’s basically a measure of happiness based on interviews and surveys all over the world about economics, laws, religions, education, food, health, shelter and other topics that, together, compose what we understand under well-being. Surprisingly, there are a few nations that seem to excel here, mainly those under the Nordic Model and the Scandinavian Model.
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Soda tax

Soda Tax Repeals: Why Don’t They Work?

After just a few months of being approved, the Cook County Illinois Soda Tax has been repealed, with a 15-1 vote that will take effect as soon as Dec. 1. So in the end, who wins? Well, soda companies, knowing that their hard work lobbying in Congress ensured that their delicious beverages stay at a price that keeps it available for everyone.

This is not even the first soda tax to come out this year. But maybe when most people cried foul over a tax on their favorite soda, it was for a good reason?
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The Great Romanian Tax Scrap

The Head of the PSD (leftist party), Liviu Dragnea, has scraped 102 taxes for 2017, days before the official election has started. This action violates the Constitution and the Fiscal Responsibility Law: it is against the law to cut taxes before elections; it has to specify the funding source for measures of this kind.
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