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Sweden has long had the reputation of having the highest taxes in the world. But those times have past.
Denmark has now taken over as the country with the highest tax burden, according to website E24 and Danish newspaper Dagbladet Börsen.
Based on figures taken from the tax authorities in both countries, Danes now have a tax burden of 48.4 percent, compared to 47.8 percent for Swedes.
Prime Minister Fredrik Reinfeldt is happy that Sweden no longer has the world’s highest tax burden.