Prosperous Swedes pay more in tax

Rising prosperity led to Swedes paying more tax in 2005, contributing 24 billion kronor more to the state coffers than in 2004, according to new statistics.

The total amount paid in tax by private individuals was 548 billion kronor in 2005, of which municipal tax accounted for 436 billion kronor.

Taxable income rose by 3.8 percent or 50.5 billion kronor to 1.379 billion kronor.

Tax on private individuals’ capital gains rose by 10 billion kronor to 38.5 billion kronor.

Wealth tax fell by 400 million kronor to 4.8 billion kronor.

Income tax on companies and organizations rose by 20.5 billion kronor to 92 billion kronor.