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Swedish Social Democrats Want to Increase Capital Gains Taxes

Sept. 22, 2021, 8:20 AM

The executive board of Sweden’s Social Democrats wants higher tax rates for capital gains, Finance Minister Magdalena Andersson says at a news conference.

  • “I want to be very clear; this is not about increasing taxes on small savings or home ownership, but it’s not reasonable that multi-millionaires pay a lower tax rate on capital gains than what nurses or electricians pay on their wages”
  • No further details on what exact changes party wants to see; will be more concrete ahead of the elections in September 2022
  • The executive board will also propose switching to a balanced-budget target instead of a ...

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