On April 24, 2025, EkonomiFakta reported tax revenues by income group. In Sweden, approximately 60% of total tax revenue comes from taxes on labor, primarily income taxes and general payroll tax. However, there is a big difference in how much different individuals pay in taxes, because the tax rate is progressive and increases the more you earn.
In these calculations, tax is defined as the sum of the taxes we declare ourselves in our income tax return. Most of this tax primarily relates to municipal and state income tax, capital tax and municipal property tax. Various tax deductions, such as earned income tax deductions and more, made in the income tax return, reduce the final tax on which the return is based.
In 2023, the income group with an annual income exceeding $80,000 contributed, they constitute 4% of taxpayers, with 24% of total tax payments.
The same year, the income group with an annual income below $19,900 contributed, they constitute 73% of taxpayers, with 12% of total tax payments.
Based on these facts, can one truly say that the rich pay too little in taxes, and above all, how sustainable is this? We are definitely not among the 4% with the highest annual income, but we have also started thinking about moving from Sweden as soon as the world's most perfect teenager finishes his university education. As the Swedish social contract fails, our willingness to work and pay taxes in Sweden is decreasing.
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