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Stockholmers pay half of Sweden's taxes: study

TT/The Local/dl · 18 Apr 2011, 08:58

Published: 18 Apr 2011 08:58 GMT+02:00

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The Swedish state is earning more and more money from the roughly 2 million people who live in Stockholm County, who in 2010 were responsible for about half of all direct taxes paid into state coffers, statistics published on Monday by the Stockholm Chamber of Commerce (Stockholms handelskammare) show.

"It's a sign that things are going well for Stockholm," chamber of commerce head Maria Rankka told the Dagens Nyheter (DN) newspaper.

In the last ten years, the percentage of Swedish tax revenue coming from Stockholm has increased from 37.8 percent in 2000 to 50.2 percent in 2010.

However, Rankka added that more of the revenues generated by Stockholm residents, who represent about 20 percent of Sweden's total population, should remain in the county rather than being distributed to the rest of the country.

The city is important for Sweden, and the need for further investment remains large.

"The most important thing is to fix the dysfunctional housing market," she told the newspaper.

"The housing situation is a threat to continued growth and requires a series of measures."

Story continues below…

The Chamber of Commerce forecasts Stockholm will account for 40 percent of the country's economic growth in the future, thus giving the city a key role for continued growth in Sweden.

TT/The Local/dl (news@thelocal.se)

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Your comments about this article

10:21 April 18, 2011 by jomamas
Only a communist would talk about the 'dysfunctional housing market'.

Where there is DEMAND, i.e. people wanting flats, there will be SUPPLY met to that demand by people who invest in building homes.

Only a communist government, by stopping people from building homes to meet demand - create problems.

A 'housing problem' is usually due to government involvement.

Leave the situation alone, let people go about their lives, stop getting in the way, and these 'problems' correct themselves.

The only thing the government needs to do is ensure health and safety standards, contract law etc..
11:25 April 18, 2011 by Balticcrosser
haha, I wouldn't call Maria Rankka a communist - quite the contrary.

In fact, I would guess that when she talks about the dysfunctional housing market, she is thinking at lease in part of the rental market which is stymied by too much government interference, with rent controls being the biggest problem.

'Leave the situation alone' is perhaps not the solution. 'Get out of the way' might be.
11:33 April 18, 2011 by iammucow
Jomamas, the housing market you just described is dysfunctional. It's being influenced by poor governmental policies and is therefore not functioning properly.
13:50 April 18, 2011 by Marc the Texan
@jomamas @Balticcrosser

I agree with both of you. Nice to see some people who see how market solutions can solve some of these problems fairly easily. Luckily Sweden has quite enough land for the population. I wish Britain had fewer people and more lenient building laws. Property prices in England are still ridiculous compared to wages.
14:34 April 18, 2011 by this_aint_sparta
I believe this Maria Rankka is living in the second hand aparmtent shared with two more people in Tensta. And those two people are very heave smokers and use to fix their laundry in the kitchen. Not bcoz she cant afford a better place but this is what she got,

Whats wrong with housing in Stockholm? you can always get a nice one bedroom apartment in Kungsholmen for like 1500 Sek in three months time, and queing for 3 months is not that bad or is it, a sh!t parking space might cost you 1800 per month but come on its stockholm,
20:07 April 18, 2011 by Arturio
Of course they are half of the Swedish population.
21:54 April 18, 2011 by Just_Kidding
The large percentage of tax income shows that there are quite a large number of rich people in Stockholm. Because of this, the price of housing would be higher than the rest of country specially in central parts of Stockholm. When people try to forcefully lower the rent in these areas, corruption happens automatically.
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