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Sweden Cuts Taxes To Boost Economy

swedenSweden’s center-right government has announced a series of tax cuts in an effort to stimulate its flagging economy and produce more jobs.

Prime Minister Fredrik Reinfeldt and his four-party coalition said the reduction means most wage earners would get 200 – 250 kronor (20 to 25 euros, 29 to 36 dollars) more in take-home pay every month.

“The coalition government has agreed on reforms for jobs and entrepreneurialism that will increase employment in the long-term. It has to be more profitable to work and more companies should be able to hire employees,” the government said.

The international economic crisis has caused Swedish unemployment to rise from 5.7 percent in August 2006 to 8.0 percent in August 2009.

Since taking power in 2006, the center-right coalition has implemented measures to get citizens off state subsidies and into the work force.

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Posted in Independant People.

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4 Responses

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  1. Aryan says

    Now here we finally have the 1st sane Western Government in the world. And who could’ve guessed it would be Sweden. Slash taxes and State subsidies and get Big Government off the backs of the ordinary citizens. It’s the only way the free market will work.

    And all of that thanks to those with a right-wing nationalist perspective.

    Wonder whether that deranged bunch of Bolsheviki in the US’ Government will ever get it.

  2. Philoctetes says

    Forget about the tax cuts- Sweden has some broads that will knock your socks off!!!!!!
    I would pay more taxes just for that. Better than these PR’s, spearchuckers, dothead, slant, ginny broads we have in Queens!!!!

  3. CL says

    Gee wiz! 36 bucks. Yeah, I suppose you could stimulate the Swedish economy by procuring the services of a cheap Swedish whore once a month.

  4. joe says

    If Americans would enact the FairTax Bill HR 25/S296 it would do the same plus bunches more. Enact the FairTax Bill would do away to tons of others erroneous taxes including:

    * Enables workers to keep their entire paychecks
    * Enables retirees to keep their entire pensions
    * Refunds in advance the tax on purchases of basic necessities
    * Allows American products to compete fairly
    * Brings transparency and accountability to tax policy
    * Ensures Social Security and Medicare funding
    * Closes all loopholes and brings fairness to taxation
    * Abolishes the IRS.

    The U.S. would be the #1 place in the world to invest money in. If the administration wants change this would make the country the beacon of the world. Go to FairTax.org to sign up



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