DN Debate: The Middle Class Are the Biggest Losers from Tax Cuts
Translated from Swedish and summarized by DistantNews. Read the original for the full story.
At a glance
- Lund University researchers Niklas Altermark and Anton Svensson argue that Swedenโs middle class has lost the most since the 2000s when taxes paid are compared with benefits received.
- They dispute politiciansโ claims that tax cuts have given the middle class substantially more disposable income.
Politicians often talk about tax cuts as a gain for the middle class. The figures, however, tell a different story, according to Lund University researchers Niklas Altermark and Anton Svensson.
They argue that the middle class has been the biggest loser during the 2000s. Their conclusion comes from comparing the taxes people pay with the benefits and other payments they receive.
That balance, they write, contradicts the familiar political message that tax reductions have left middle-class households with much more money in their pockets.
Originally published by Dagens Nyheter in Swedish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
Image: Jens Lindstrรถm