Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Sweden has that sort of almost-confiscatory tax above certain level. This, of course, greatly helps Gini index, and provides plenty of free public services.

OTOH a few iconic Swedish companies, like IKEA [1] and Ericsson [2], largely withdrew from the Swedish tax system.

This may have something to do with motivation, e.g. the motivation to merely stay afloat.

[1] https://en.wikipedia.org/wiki/IKEA#Profits [2] Can't readily find a concise document; relying on Ericsson's employees word-of-mouth ere.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: