The article tells one story, and it is true, but it is not the story why Sweden has many billionaires. Many of facts mentioned in the article are quite recent r

The article tells one story, and it is true, but it is not the story why Sweden has many billionaires. Many of facts mentioned in the article are quite recent reforms, and can in themselves not explain this. I recall that in 1997 the social democratic government introduced tax exemptions for the very rich, put in front of the threat by Stefan Persson that H&M might move abroad otherwise This old, Google-translated link to an article in Affärsvärlden (Sweden's "Financial Times") describes a more relevant piece to the puzzle. http://translate.google.com/translate?hl=en&sl=auto&tl=en&prev=_dd&u=http%3A%2F%2Fwww.affarsvarlden.se%2Fhem%2Fnyheter%2Farticle2561362.ece http://translate.google.com/translate?hl=en&sl=auto&tl=en&pr...