“Tax hikes: not the way forward”

Sweden faces a number of challenges, one of which is its ageing population. Other challenges include the housing shortage and immigrant integration, writes Jens Spendrup, chair of the Confederation of Swedish Enterprise in a debate article in business daily Dagens Industri.

Public finances will come under strain in the next few years, but tax hikes are not the way forward, he argues. The fact that there are large and unexplained differences in the cost of public services around Sweden shows that there are significant efficiency gains to be made.

Above all, the Sweden’s business environment must improve so that more people dare set up companies, develop their ideas and recruit staff. Measures such as lower starting salaries and simple jobs that could be introduced, making it easier for companies to employ people and for the jobless to find work, Spendrup suggests