Finland, the happiest country on earth according to the World Happiness Report, is cutting taxes and raiding pension funds to cover increases in defence spending according to Euractiv.com:

The Finnish government unveiled today a major tax reform package as part of its mid-term budget proposal for 2025 to boost investment and supporting increased defence spending.

The plan includes cutting the corporate tax rate from 20% to 18% and reducing personal income tax by €1.1 billion. The top marginal income tax rate will fall from nearly 60% to 52%.

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The move comes as Helsinki commits to raising defence spending to 3% of GDP by 2029, up from the current 2.4%, in line with NATO expectations.

To finance the tax cuts, the government will dip into the national pension fund. However, the deficit is projected to rise to €12.3 billion or 4.4% of GDP in 2025 – well above the EU's 3% limit.

Finland joined NATO due to the increased threat from invasion from Russia with whom they share a border.

Despite decades of peaceful co-existence since WW2, Finland was persuaded that Russia is likely to invade the country in a bid to grab its valuable natural resources.

That may be true. A Kremlin spokesperson told FNN:

We have decided that we do not have enough trees in Siberia to meet Russian needs for lumber.

So we think invading Finland and starting WW3 could be an attractive option in order to get access to their valuable forests.