Swedish Prime Minister Promises Tax Cuts

Swedish Prime Minister Fredrik Reinfeldt promised further tax cuts in his annual speech at Vaxholm earlier today. "If we get this through then the Alliance [i.e. the centre-right coalition government] will have brought about the greatest rise in living standards ever for low-earners," he said.

This is excellent. The proposed tax cuts are far from enough to make the world’s most tax-burdened people justice, but it would make a big difference to low-earners forced into poverty by heavy taxation.