The Opposition: Favors Those Who Earn the Most

Most to those who already have and crumbs to the rest. The Social Democrats, the Left Party and the Green Party are not unexpectedly critical of the government's and the SD's budget proposal with lowered taxes on wages and savings.

» Published: September 05 2024

The Opposition: Favors Those Who Earn the Most
Photo: Anders Wiklund/TT

It's remarkable that the government wants to propose tax cuts that benefit those with the highest incomes the most, and do it with borrowed money, says S's economic-political spokesperson Mikael Damberg.

This will create problems for Sweden and it's the Swedish people who will have to pay.

Damberg doesn't think it's wrong to support households, but he's critical of how the government prioritizes.

Favors the rich

Vänsterpartiet's economic-political spokesperson Ida Gabrielsson is also critical of how the government chooses to allocate so much money to tax cuts.

She notes that the Tidö parties often lift the indexation of taxes, which means that the better-paid get lower taxes.

The largest share of basic-level compensation to the groups that have it worst is not indexed, says Gabrielsson.

This applies, for example, to unemployment benefits, child benefits, and sickness benefits, which remain at the same level despite inflation.

"Very ideological"

The budget is clearly biased, thinks Gabrielsson.

It's very ideological. You give middle-income earners a few crumbs and favor those who have it best.

About lowering taxes on the savings form ISK:

I think most people are still wondering how to pay their bills.

"Doesn't solve unemployment"

Centern's spokesperson on economic issues Martin Ådahl:

"It's not wrong to increase purchasing power with the equivalent of a pizza a month, but it doesn't solve unemployment, because that requires more pressure to go from benefits to jobs and job creation in companies. It's also tiresome that they pretend that indexation of tax scales is tax cuts. A third of the tax cuts are just accounting tricks", he says in a written comment.

Miljöpartiet's spokesperson, Janine Alm Ericson:

"I don't understand what social problems you solve with large tax cuts for high-income earners while families with children will get reduced housing benefits. The government is misleading when they claim to prioritize low-income earners. It's incomprehensible to make this priority when welfare is on its knees and households with small margins really need support".

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By TTThis article has been altered and translated by Sweden Herald

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