The happiest countries within the globe also pay a lot in taxes

While Congress along with the White House push a reform bill of which includes around $1.5 trillion in tax cuts, of which is usually interesting to note of which the most satisfied countries in 2017 are not ones in which citizens have low tax burdens. In fact, the opposite is usually true: The happiest countries pay some of the highest taxes within the globe.

According to the United Nations’ latest World Happiness Report, as covered by CBS News, the top 10 happiest countries are:

1. Norway
2. Denmark
3. Iceland
4. Switzerland
5. Finland
6. Netherlands
7. Canada
8. brand-new Zealand
9. Australia
10. Sweden

Report co-author Jeffrey Sachs, who is usually also the director of the Sustainable Development Solutions Network, tells CBS of which “happiness is usually a result of creating strong social foundations,” along with of which if additional nations prioritized “social trust” along with “healthy lives,” they could also find of which their citizens become more content.

The top three happiest countries, Norway, Denmark along with Iceland, are all among the highest taxed countries within the Organization for Economic Cooperation along with Development (OECD), in terms of total tax revenue as a percentage of GDP. The widely enjoyed social benefits residents get in exchange for their taxes, such as universal health care, access to education along with subsidized parental leave, could have something to do with the “strong social foundations” touted by Sachs.

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