Sweden - Löfven backtracks on promised tax increases: Prime Minister Stefan Löfven has said his government will not implement two of the three tax increases the ruling coalition agreed on over the weekend. The two that will be withdrawn are the proposed change in the cut off point for the national income tax and increases in tax for small businesses. The suggestion to increase flight tax will remain and be part of the Autumn Budget. The opposition Alliance has threatened a confidence vote in the government if the tax suggestions are carried through.
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