Wednesday, May 9, 2012

Grow a pony tail and cut taxes

The strategy employed by the Swedish Finance Minister seems to be working.
He continued to cut taxes and cut welfare-spending to pay for it; he even cut property taxes for the rich to lure entrepreneurs back to Sweden. The last bit was the most unpopular, but for Borg, economic recovery starts with entrepreneurs. If cutting taxes for the rich encouraged risk-taking, then it had to be done. "In most cases, the company would not have been created without the owner," he says. "There would be no Ikea without [Ingvar] Kamprad. We would not have Tetra-Pak without [Ruben] Rausing. They are probably the foremost entrepreneurs we have had in the last few decades, and both moved out of Sweden."
HT:  Carpe Diem

1 comment:

  1. Our beautiful Naples provided apartments and homes are among the top joint lodging in the Napoli region. With our fond and broody staff, you testament be provided relocation options to fit your requirements and be competent to select your perfect short-term or long-term accommodations.
    naples corporate housing

    ReplyDelete