As Sweden is heading for the polls to elect rulers for the next four-year term on Sunday, it looks like there will be a bunch of winners: the racist party, the feminist party, the green party, and the communist party. The other parties, which are more Sweden-style mainstream, seem to lose, which will leave the parliament in a sort of deadlock with two “blocs” with only minority influence - dependent on at least one of the former parties (likely two - maybe even three). The Economist has an article discussing the new Sweden, which is nothing like the progressive utopia, and how voters might turn their backs on this improvement. Writes the Economist:
Twenty years ago public spending took an eye-watering 68% of GDP; today the figure is heading to 50%. Although the tax burden remains high by international standards, top rates have been cut, as have corporate taxes. Taxes on gifts, inheritance, wealth and most property have been scrapped. Few Swedes need now to flee into tax exile.
Perhaps we’ll see another wave of Swedish [tax] refugees in the not too distant future. The question is, where will they go? H/T Jesper.
