Taxes higher than we think

All of 94% of Swedish taxpayers think they pay lower taxes than they actually do, finds a new report “Underestimated taxes” by the Confederation of Swedish Enterprise (Svenskt Näringsliv) and TNS Sifo.

Swedish taxpayers think they pay around 34% of their income in tax revenue, but in fact they pay on average 52%. The misconception is largely due to the many indirect taxes, of which payroll charges constitutes the biggest one, states the report.