Huzzah for Sweden.
Could this move eventually lead to tax reductions for "the average Joe" in Sweden?
Stick a fork in them!
Could this move eventually lead to tax reductions for "the average Joe" in Sweden?
- The main argument for the abolishment is to encourage wealthy people to stay in Sweden and continue investing here and furthermore making Sweden a more attractive country to live and invest in for wealthy foreigners.
If such a development occurs at a greater level, it will, naturally, contribute a lot to the development of our economy and will allow us to lower taxes.
World economy goes up and down and Sweden, being a country of many large export industries, is heavily dependent on the state of the global economy at large, but presently I see no storms on the horizon. Asia is still booming, The US economy is growing steady but at somewhat more modest pace than one or two years ago and the largest economy on earth, the European one, is looking stronger day by day.