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Wednesday, February 5, 2014

Swedes Seek Regime Change as Tax Cuts Turn Into Poison Pill - Bloomberg

"Swedes are preparing to punish the government for cutting their taxes. ...

"“The government has done completely the wrong thing when they have pushed through big and ineffective and expensive tax cuts instead of making important investments in jobs and education,” Magdalena Andersson, economic spokeswoman for the Social Democrats, who aspires to become the next Finance Minister, told reporters today in Stockholm.

"In Sweden, unlike in most other countries, “you don’t have to win on a pledge to cut taxes,” said Carl B. Hamilton, economic spokesman for the Liberal Party, a junior partner in [Prime Minister Fredrik] Reinfeldt’s coalition. “People have felt they have received a decent return on their tax money.”"


Swedes Seek Regime Change as Tax Cuts Turn Into Poison Pill - Bloomberg