Spotify Technology SA co-founder Martin Lorentzon said he would leave Sweden immediately if the country introduces new wealth taxes.
Lorentzon urged politicians to consider higher taxes on capital or dividends instead of a wealth tax, saying it would be “directly counterproductive”.
Lorentzon said the discussions about new taxes have already created uncertainty, with entrepreneurs asking if it is still OK to start a company in Sweden.
Fine
Let’s put wealth caps in place. Nobody should be worth (or control) over 10 million dollars
Any income over that wealth goes 100% tot taxes
No more billionaires
No more centillionaires
No more wealth hoarding
Governments will now have enough income to pay for universal healthcare, free education, you name it
No more narcissists with all the power
Sounds like a great idea
It would make the world a better place for sure…