A brief Swedish economic history that seems to have fallen out of the curriculum: Ruben Rausing left Sweden in 1969. Ingvar Kamprad left in 1973. Hans and Gad Rausing shipped out in 1982. H&M founder Erling Persson emigrated the same year. Reason: tax. The Left thought it was just an empty threat and implemented a series of tax increases. In the 90s, Stefan Persson also threatened to leave. Then the tax rules changed. He stayed and later paid 1.7 billion in income tax in just three years. It is totally irrelevant how high the tax rate is on paper if the wealthy flee. 100% of 0 kronor is unfortunately 0 kronor. What is relevant is, of course, how much tax actually comes in when people adjust to it. An honest question: is Sweden so incredibly wrong as it is? Thriving startup culture, very generous welfare, a good country to live and reside in. Do we have to challenge this with EVEN. MORE. TAX? (translated)
