Tuesday, August 12, 2014

Visita: Reduced VAT yielded 7,500 jobs – Swedish Dagbladet

Visita: Reduced VAT yielded 7,500 jobs – Swedish Dagbladet

“Spread over an entire economic cycle will be even more jobs and lower average cost,” writes Visitas industry economist Bjorn Arnek in a press release.

Accommodation and food tray is for VAT reduction, but hesitant to job effects.

– There are many factors that come into play. We want to wait to equate the VAT reduction and more jobs, says union president Ella Niia.

It’s very common with part-time jobs in the restaurant business. The analytical basis for the creation of more jobs are increased unpaid payroll.

– But it’s much overtime outlets in this, says Ella Niia.

In addition, growing the industry even before the tax cut came.

– And there is an increasing purchasing power of those who have jobs, due to the earned income tax credit, she said.

Government NIER (KI) came in December last year until the tax cut had created about 4,000 jobs.

– It is quite possible that they have continued to increase, says Marcus Mossfeldt, who was responsible for the AO’s report last winter.

The restaurants are not lowered prices fully represented by the VAT reduction. It has increased the profitability and attracted more restaurants in the industry.

– So the full effect should take time, says Marcus Mossfeldt.

But even if the industry would have been correct in his analysis, it is not the same as it has created 7,500 new jobs in the entire economy.

– The net effect may be smaller. Others have become relatively more expensive. We might go to the movies less, for example, says Mossfeldt.

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