Posted 9/3/2023, 12:43:26 PM

Swedan to pause inflation-linked hike in state taxes in budget

Sweden's government will pause an automatic hike in the threshold for paying state taxes this year, saving around $1.1 billion, in an effort to combat inflation and maintain a restrained budget.

reuters.com

Relevant topic timeline:

9/20/2023

Swedish Budget Promises Tax Cuts and Increased Spending to Ease Costs for Households While Bolstering Security

Sweden's government plans to implement tax cuts and increase spending on welfare, defense, and the criminal justice system in its 2024 budget, while keeping inflation in check.