4.27.2024

Waste of tax money

A company that over a 9-year period built a battery factory in northern Sweden has, despite $846,500,000, still not managed to get the project taken to its conclusion. During the same time period, the company has received $84,650,000 in support from Swedish tax payers. At the same time, 2 ongoing projects with the production of green steel in the same part of Sweden receive approximately $93,100,000 from Swedish tax payers.

Using tax money on these extremely unsafe projects instead of improving infrastructure and more in an attempt to attract prosperous companies is a waste of tax money.

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