Sweden’s government is proposing tax cuts that will affect 7.5 million “ordinary” Swedes in its upcoming budget, the country’s finance minister
- Says the proposals include an increase in “inclusive” tax reductions next year, “mainly for low and middle income earners”
- The current tax reduction for sickness and activity benefits is “strengthened” so that “the tax gap between these benefits and earned income disappears”
- The cost of joining the unemployment insurance fund is reduced through a tax reduction
- The cost for the proposals amounts to SEK10.42b, according to Andersson
- NOTE: Aug. 26, ...