Was about to say part of what Elph said above. If you compare wages, costs of living, various amounts of economical help that people who have little money can get and such, you won't have to eat canned beans every day unless you spend most of your money on booze.
It's great as far as reaching some good minimum standard of living.
Businesses will have a harder time than in low-tax countries, of course, but it would be great if those people who start businesses here remember that in return, they get to live in a welfare state. If your goal is just to stuff your pockets, then yes, there are better places to be a capitalist than in Denmark.
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