Budget: pricier alcohol, more money to schools
After Parliament's highly unusual vote yesterday, the budget drafted by the shadow Alliance opposition parties, and not the government, is what will apply to Sweden next year after it has gone through the various committees which will be hammering out the details.
The Alliance's budget calls for investments of SEK 10 billion, whereas the government's had called for SEK 25 billion.
The Alliance's budget includes higher taxes on tobacco (6 percent more tax on cigarettes, 22 percent more on snus) and alcohol (9 percent more on beer and wine, 1 percent more on spirits), phasing out deductions for private pension savings, SEK 680 million towards defense, more money towards cancer treatment, high cost protection for companies doling out sick pay, higher tax on vehicles, more money towards schools, more money for student loans (SEK 1,000 per month), and building 300,000 new places for people to live by 2020.
The government's budget, which did not pass, had proposed lowering the tax for pensioners and giving them more money for their supplementary housing allowance, raising the tax on high-income earners, raising what it would cost to employ someone over the age of 65, raising the ceiling on the unemployment benefit, getting rid of the time limit that one can get compensation for being ill, trainee jobs for young people in elder care, SEK 230 million towards culture for certain neighborhoods ("Million Program" neighborhoods), and free entrance to state-run museums.