Sweden: Left Party Party Executive supports the Government’s tax package
2014-10-09 11:55
(SIX) Left Party party board has given the green light to government's tax proposals was sent out for consultation on Monday before autumn budget, reports the Swedish newspaper Svenska Dagbladet. "We are very clear that we need to bring in more revenue to common welfare. But this was as far as we got now. The Left recording layer boundaries, that is, that more people will pay State income taxes and to begin unwinding Earned Income Tax Credit, "said Left Party's economic policy spokesperson Ulla Andersson according to the newspaper. "We have enhanced the profile of the pensioner tax cut. It those with the lowest pensions up to 10,000 crowns which we conclude tax gap for, "she said further. Left Party, Jonas Sjöstedt stated earlier in week to be surprised that the government went out with that in the tax package last Monday as negotiations were still ongoing. The contents of the budget negotiations between the Left and Government must be approved by the Left Party party board, he said according to Swedish Radio. This should now therefore have occurred. The new red-green government proposes that income tax to be raised for everyone who earns over about 50,000 per month next years. The reduced employer contributions for persons under 26 years proposed to be removed in two stages. The special payroll tax is according to proposals partially reinstated for persons over 65, while as the tax on pensions to some extent be reduced. A limitation of the list of state income tax is also expected, while some environmental taxes and excise proposed to be raised. Deductibility of private pension proposed while limited, something that the previous government wanted to do. Johan Lind, tel +46 48 8586164 mailto: johan.lind@six-group.se www.blogg.six.seSIXNews SIX News
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