Moderate Party leader Ulf Kristersson made a big deal in Dagens Industri’s (DI) party leader interview in March of lowering marginal taxes significantly.
“If the state is taking more than half of your money when you work, then the state is taking too much and we cannot have confiscatory taxes in Sweden. Marginal taxes must be lowered and everything over 50 per cent is going to be a problem,” he said.
The move was met with applause from the business world, but now, what was perceived to be a promise, is not the case. The Moderates’ shadow budget lacked any proposal for lower marginal taxes and the party says it has no plans to present more proposals.
There is disappointment at the Confederation of Swedish Enterprise (Svenskt Näringsliv). Johan Fall, head of the tax department at the confederation, says, “The entire alliance and in particular the Moderates need to raise their ambitions significantly. The Liberals are the only ones who get marks in this area.”
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