User blog comment:Авастри/I created my own ideology/@comment-34986534-20180310085411

A similar system is already in use in many European nations where they have a capitalist open market economy and a socialist welfare system. While most countries who use that model have high living standards, the problem is they have a lot of taxes. While an average Danish person earns more than most people, they usually spend a large amount (about 40% or even 50%) on taxes.