To: WesternCulture
Sweden has enjoyed good finances and high GDP growth before in history.
Sweden has experienced governments that have spoken about tax reductions before.
However, these two things haven't coincided too often since Sweden became a true democracy in the beginning of the twentieth century, but now they have.
For a long time, the typical pattern has been one of Social Democrats (The 'Socialists' to keep it simple) maintaining high taxes when the economy has performed well, handing out all kinds of government goodies and launching all sorts of new welfare projects, followed by a period of weaker economic development when different right wing government constellations sometimes - often the Socialists have remained in power - have been able to overthrow Socialist governments, only to find the state of the economy so poor that tax reductions have seemed to hazardous to them.
Today, neither of these two situations is at hand. The Swedish economy is VERY healthy, but we do NOT have a government who wishes to maintain our traditional high levels of taxation.
Apart from getting rid of the Wealth Tax, PM Reinfeldt is determined to lower income taxes by and by if the high GDP growth continues. One such reduction has already been enforced, resulting in an average Swede having appr $145 more to spend on a monthly basis and another reduction will soon follow.
This is getting interesting.
To: WesternCulture
Geez,you guys might even get to keep some of your own money huh ???
9 posted on
03/28/2007 6:31:08 PM PDT by
Obie Wan
To: WesternCulture
Reinfeldt has done a marvelous job in his environment. Bravo!
10 posted on
03/28/2007 6:35:27 PM PDT by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: WesternCulture
One such reduction has already been enforced, resulting in an average Swede having appr $145 more to spend on a monthly basis and another reduction will soon follow.
Baby steps in the right direction. I am genuinely happy for the Swedish people.
11 posted on
03/28/2007 6:38:36 PM PDT by
Army Air Corps
(Four fried chickens and a coke)
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