"Finns live in smaller homes than Americans and consume a lot less. They spend relatively little on national defense, though they still have universal male conscription, and it is popular. Their per capita national income is about 30 percent lower than ours. Private consumption of goods and services represents about 52 percent of Finland’s economy, and 71 percent of the United States’. Finns pay considerably higher taxes — nearly half their income — while Americans pay about 30 percent on average to federal, state and local governments."
Finland

January 1, 1970

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Original Language: English