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To: WesternCulture

Huzzah for Sweden.

Could this move eventually lead to tax reductions for "the average Joe" in Sweden?


2 posted on 03/28/2007 5:59:40 PM PDT by Army Air Corps (Four fried chickens and a coke)
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To: Army Air Corps
No Sweden is so Politically Correct that they are done.

Stick a fork in them!

8 posted on 03/28/2007 6:29:57 PM PDT by rocksblues (Do unto others as they do unto you!)
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To: Army Air Corps

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.


12 posted on 03/28/2007 6:43:37 PM PDT by WesternCulture
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To: Army Air Corps
Could this move eventually lead to tax reductions for "the average Joe" in Sweden?

This "wealth tax" could be actually affecting a lot of people. The threshold for it is 1.5 million kronor in wealth which is just about $200,000. That's how Swedish Social Democrats define "rich"...
14 posted on 03/28/2007 7:06:43 PM PDT by AdrianR
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