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No tax cuts next year: Moderates

TT/The Local · 4 Jul 2010, 18:08

Published: 04 Jul 2010 18:08 GMT+02:00

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Speaking to reporters in Visby, Reinfeldt indicated that the government’s priority next year would be to bolster core welfare services.

“There won’t be any further tax cuts in 2011,” said the Prime Minister, whose party has pushed through a series of income tax cuts since coming into power in 2006.

“The most important thing now is to block any tax increases,” he added

Pensioners would be the only group exempted from the freeze on tax cuts, with Reinfeldt promising to deliver on earlier pledges to ease the tax burden for retirees.

As in the previous campaign, Reinfeldt accused the opposition of neglecting what he felt was the central election issue of job creation.

“For me this is a jobs election, founded on a basis of orderly public finances.”

The Prime Minister also rejected calls from Moderate Party members of the parliamentary defence committee for Sweden to join NATO.

“The issue is not currently on the agenda,” he said.

Story continues below…

Reinfeldt is scheduled to give a speech in Visby later on Sunday. The Prime Minister is joined by the majority of Sweden’s political elite in the main town on the Baltic island of Gotland for the annual Almedalen Week gathering which began on Saturday.

TT/The Local (news@thelocal.se)

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Your comments about this article

19:48 July 4, 2010 by wxman
"Sweden's prime minister Fredrik Reinfeldt has ruled out further tax cuts in 2011..." This should read, "Sweden's prime minister Fredrik Reinfeldt has ruled out further economic growth by ruling out tax cuts in 2011".
20:09 July 4, 2010 by Mr. Puppy
Actually it should read "Fredrik Reinfeldt has ruled out the further hoarding of money by the super-rich outside of the economy in 2011".
00:54 July 5, 2010 by Beavis
Beats tax increases from bag woman and the green nutjobs
04:08 July 5, 2010 by Larry Thrash
It appears that the Western World has more conservatives than leftist. It's just the Leftist occupy the majority members of the press and leftist have the biggest mouths. Leftist tend to be very uncivilized and destructive when protesting, Conservatives are too busy providing a high standard of living for everyone. Capitalism can survive without socialism but socialism cannot survive with capitalism. Money is the grease of civilization.
08:21 July 5, 2010 by hpunlimited
If Reinfeldt manages to win the election this fall, Sweden will go into a golden era of prosperity. Europe needs to save itself from the evil cluthes of socialism and communism.
09:39 July 5, 2010 by Nemesis
This is good news.

Money needs to be diverted to infrastructure to upgrade trading routes by sea, air and rail as well as investment in Swedish projects.

The money spent on foeign aid needs to be cut and diverted to Swedish people during this economic downturn.
20:31 July 5, 2010 by miss79
no tax cuts?half of population in sweden are poor..reinfeldt is crazy!
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