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centre-right coalition

Huge tax cuts since 2006

Published lördag 23 april 2011 kl 10.12

The current centre-right Swedish government has cut taxes by over US$ 16 billion since it took office in 2006, according to new figures from the Finance Ministry.

Most of those tax cuts have gone to those in employment, reports Swedish Radio News, but there have also been cuts in the amount of payroll tax that employers have had to pay, as well as cuts in property taxes.

Conservative Moderate Finance Minister Anders Borg says he is pleased with what the government has achieved so far.

"Sweden is a country that has had very high taxes", he told Swedish Radio News, "and that has cost a lot, in terms of lost jobs and problems with our business climate. We have now started to fix that. It's about making it pay to work, and cost less to hire."

Not everyone is positive, however, with new Social Democrat spokesman Tommy Waidelich saying the lost tax income could have been spent better.

"We could have improved the standard of health and welfare", he says, "There are problems with the homes for people with dementia, for example. If we'd have been in government we'd have used a lot of this money for welfare. We would probably have cut taxes too, but not in a way where the cuts would have mainly gone to those with high incomes."

Our journalism is based on credibility and impartiality. Swedish Radio is independent and not affiliated to any political, religious, financial, public or private interests.
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