Left Party leader Nooshi Dadgostar presented a proposal for a new tax on Sweden's super-rich during a speech in Uppsala on Thursday evening. The party identifies billionaires as main opponents ahead of the 2026 election and wants an investigation to shape the tax. The proposal aims to make the wealthiest contribute more to welfare.
On the evening of December 11, 2025, Left Party leader Nooshi Dadgostar delivered a Christmas speech at Gotlands nation in Uppsala, where she presented the party's new proposal for a billionaire tax. The speech took place in a festive atmosphere with students, wine, and music, shortly after Dadgostar's attendance at the Nobel banquet. She described Sweden's super-rich – individuals with fortunes over one billion kronor – as the party's main opponents ahead of the 2026 election.
Dadgostar emphasized that billionaires have built their wealth by pressuring ordinary people with high prices on food, rent, and interest rates. "They have stolen money from our children, elderly, and tax-funded welfare for so many years. That money needs to come back," she told Aftonbladet. She specifically mentioned Antonia Ax:son Johnson, who owns Hemköp and Willys and has a fortune of 126 billion kronor, suggesting she could lower food prices. Another example was Peje Emilsson from Kunskapsskolan. According to Dadgostar, there are over 540 billionaires in Sweden, a number that has increased rapidly.
The party has no concrete details on the tax rate or design yet, but wants a special investigation to handle the issue to ensure the tax is effective. "The super-rich do not pay their share. That needs to be corrected," Dadgostar explained. She was partly inspired by New York socialist Zohran Mamdani. The proposal addresses an unfair situation where the working class supports welfare while owners pay less in taxes. Dadgostar believes many super-rich may be open to contributing more after years of price increases on necessities like electricity, rent, and food.
She also criticized the government for rigging the system in favor of the rich through tax cuts for venture capitalists. The party plans to discuss the proposal with partners like the Social Democrats.
