SD leader Jimmie Åkesson and the party's economic policy spokesperson Oscar Sjöstedt are presenting a proposal for a committee initiative in the Riksdag. Since Sweden is currently governed by a transitional government, it cannot take the political initiatives required to extend the temporary tax cuts when they expire this autumn.
The Riksdag should ensure that these reductions are extended, says Åkesson.
The first of the two tax cuts, the one that lowered the tax to the EU minimum level, will end on Thursday.
"Tomorrow we will get a negative surprise when we go to refuel," says Sjöstedt.
Costs billions
According to SD, this means gasoline will be 1 krona more expensive and diesel 40 öre more expensive.
Extending the tax cut until the end of the year would cost the treasury almost 1 billion kronor, according to SD's calculations.
The second tax reduction, where Sweden has been temporarily allowed to go below the EU minimum level due to the crisis in the Strait of Hormuz, ends at the end of November. This reduction has a greater impact on the price and means around 3 kronor less tax.
Extending that tax cut by one month will cost the treasury 1.5 billion kronor.
But it is far from certain that the EU Commission will allow Sweden to remain below the minimum level for longer than the five months that the exemption applies. This will depend primarily on how energy prices develop and what happens in the Middle East conflict.
Parliament acts
The SD now wants the Riksdag to give the transitional government a mandate to apply for an extension from the EU Commission.
We see that the situation in Iran and the Strait of Hormuz, which has driven up the world market price of oil, has not improved significantly, says Oscar Sjöstedt.
The issue will be discussed in the Finance Committee and Sjöstedt hopes that a majority will support the SD's initiative.
SD has not presented how continued tax cuts will be financed.
