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> The country scrapped wealth and inheritance taxes in the 2000s, and tax rates on money made from stocks and pay outs to company shareholders are much lower th
by mytailorisrich 3y ago
> The country scrapped wealth and inheritance taxes in the 2000s, and tax rates on money made from stocks and pay outs to company shareholders are much lower than taxes on salaries. The corporate tax rate has also dropped from around 30% in the 1990s to around 20% - slightly lower than the European average.
There's no miracle...
- DonnyV 3y agoRight now the ultra wealthy in Sweden are pouring that money back into their local economy. But that won't last. Eventually it will get passed down and children will not feel obligated to do the same thing. This is why they should keep the corporate rate high and bring back the wealth and inheritance tax.