The Moderates are heading to the polls on new earned income tax credits

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The Moderates are heading to the polls on new earned income tax credits
Photo: Stefan Jerrevång/TT

The Moderates want to see an enhanced earned income tax credit of up to SEK 1,000 more per month after the election, according to Finance Minister Elisabeth Svantesson.

We will implement this in the next term and it will make a difference for people and people's wallets, she said at a press conference.

The party is also presenting proposals for a new so-called work-based deduction, under which pensions earned through work are taxed at a lower rate than other income. The party also wants to see a strengthened earned income tax deduction for seniors who work after retirement age.

The broad tax cut that the Moderates want to see for everyone who works will, according to the party, give a family with children up to SEK 2,000 more per month.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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