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Tax Pressure Does Not Say Everything About the Welfare of the Country
Summary by Kringvarp Føroya
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It is impossible to say what the welfare of a country is just by taking into account the tax burden. This is what Nicolai Wammen, Danish Finance Minister, says in response to the Finance Committee of the Folketing. The Budget Committee asked how much the Faroe Islands and Greenland need money from Denmark if the tax burden is the same in both countries as it is in Denmark. In Denmark, the tax burden is 44.9 per cent. It is estimated to be 30 per…
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