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Alliance tax cuts top 100 billion kronor (:Sweden - The light is coming from Scandinavia!)
www.thelocal.se ^ | 04/23/2011 | TT/The Local

Posted on 04/23/2011 11:38:55 AM PDT by WesternCulture

I was born in Sweden 41 years ago and since 1988 I work there. Compared to when I begun my career, wages are much higher, prices have not gone up much and taxes are way lower. Recently, our economy has displayed GDP growth figures of 7.3%.

Do we Scandinavians set an example for other nations?

I think we do.

Germany has recently begun listening to what Denmark, Norway, Finland and Sweden have to say in the area of economic policy and national budget discipline.

One fine day, France, Italy, Britain, Japan and the US perhaps will too..

The article:

"The Swedish government has lowered taxes by over 100 billion kronor ($16 billion) since 2006, according to a new review of the Swedish Finance Department by Sveriges Radio's Ekot news programme.

The most generous tax breaks have gone to people with jobs. The in-work tax reduction together with tax deductions for household services (RUT-avdrag) and tax deductions for home repairs and maintenance (ROT-avdrag) accounts for 80 billion kronor of the cuts. Another 32 billion kronor in cuts come from property and wealth taxes.

The government has lowered taxes in many areas and raised taxes in others. The difference is a 100 billion kronor overall tax decrease, the review showed.

The center-right Alliance government says it is trying to make it worthwhile to work.

“Sweden has been a country that has had very high taxes and this has caused quite large damage in terms of lost jobs and shortages in our business climate,” Anders Borg, the Finance minister told Ekot.

But the new finance spokesman for the Social Democrats, Tommy Waidelich, expressed skepticism to Ekot

“I think we could have improved the quality of our welfare system,” he said.

He told Ekot that his party could have also lowered taxes, but “in a way that didn't bring the tax break to those with the highest incomes,” he said.

The Organization for Economic Cooperation and Development (OECD) ranks Sweden with the second highest tax rate in the world behind Denmark. Sweden's tax rate as percentage of GDP is 46.4%."


TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: scandinavia; sweden; taxation; taxcuts

1 posted on 04/23/2011 11:39:01 AM PDT by WesternCulture
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To: WesternCulture

But the new finance spokesman for the Social Democrats, Tommy Waidelich, expressed skepticism to Ekot

“I think we could have improved the quality of our welfare system,” he said.

He told Ekot that his party could have also lowered taxes, but “in a way that didn’t bring the tax break to those with the highest incomes,” he said.

I see they have a DNC fax machine in Sweden too.


2 posted on 04/23/2011 11:44:06 AM PDT by headstamp 2 (We live two lives, the life we learn and the life we live with after that.)
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To: WesternCulture

Now all they have to do is run the muslims that are taking advantage of their system.


3 posted on 04/23/2011 11:46:35 AM PDT by Excuse_My_Bellicosity (Liberalism is a social disease.)
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To: WesternCulture

I will cut your taxes too: let me take 90% first and then give you, maybe 5% more.

Is it beer, hard liquor or wine you’re drinking?


4 posted on 04/23/2011 11:50:16 AM PDT by mewykwistmas (“An honest politician is one who, when he is bought, will stay bought.”)
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To: WesternCulture

its time once again for this episode of “The world doesn’t give us any attention and we need a hug” starring...SWEDEN


5 posted on 04/23/2011 11:55:28 AM PDT by OL Hickory (Jesus and the American soldier-1 died for your soul/1 died for your freedom)
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To: WesternCulture

And, when the Muslims finally decide to kill all the Swedes, there’s not a damned thing you can do to protect yourselves. Tethered goats, the lot of you!


6 posted on 04/23/2011 12:06:40 PM PDT by mozarky2 (Ya never stand so tall as when ya stoop to stomp a statist!)
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To: WesternCulture

Little Known Fact - The Swedish Bikini Team has won more world championships than any other team.


7 posted on 04/23/2011 12:15:22 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: WesternCulture
Germany has recently begun listening to what Denmark, Norway, Finland and Sweden have to say in the area of economic policy and national budget discipline.

Beer night again, eh? Cheers!

8 posted on 04/23/2011 12:31:23 PM PDT by Moltke (Always retaliate first.)
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To: WesternCulture
When socialist Sweden talks about cutting taxes -- and CAPITALIST America talks about RAISING taxes, something is WRONG!!!

Finland elected a right wing party that wants NATIVES to be working as they are TIRED of MUSLIMS coming into FINLAND!! (a lot of those parties are popping up all across Europe!!

9 posted on 04/23/2011 2:07:02 PM PDT by ExCTCitizen (Wanted a keyboard with a working '\/' key!!)
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To: Moltke

“Beer night again, eh? Cheers!”

- Cheers back and please consider what folks can take their beer;)


10 posted on 04/23/2011 4:18:53 PM PDT by WesternCulture
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