Friday, September 18, 2009
Sweden on top of the world
Congratulations fellow Swedes, by the beginning of 2010 we'll be the country in the world with the heaviest tax burden, with a marginal tax rate of a whopping 56,7 percent! Now that's really something. In fact only 5 other countries in the world are part of this exclusive "50%+" club.
Of course confiscating over half of people's income isn't enough for social democratic opposition leader Mona Sahlin, who has already promised she will continue increasing the income-, wealth- and housing taxes, all in the name of decreasing the differences between rich and poor. Sure, I get that. After all, why should a hard-working, tax-paying citizen have more money to spend than a person living on welfare? Why should it pay to work at all?
In fact, I can't see any reason to stop at 56,7 percent. It would probably be best just to confiscate 100 percent of people's income and then redistribute it equally so that no one is left behind.