Star economist: Swedish billionaires have unreasonable privileges

World-renowned economist Gabriel Zucman says Sweden's billionaires enjoy unreasonable privileges and pay far lower taxes than the upper middle class. In an interview with DN in Paris, he calls for a new wealth tax.

In Paris, world-renowned economist Gabriel Zucman spoke to Dagens Nyheter about the tax situation of Swedish billionaires. Zucman states that Sweden's billionaires have unreasonable privileges. “Billionaires pay only one third as much in taxes and fees as the upper middle class,” Zucman tells DN. He advocates for the introduction of a new wealth tax to address this. The interview was published on March 22, 2026.

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Nooshi Dadgostar advocating for a tax on billionaires to fund welfare programs.
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V proposes tax on billionaires to save welfare

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Left Party leader Nooshi Dadgostar demands a billionaire tax for justice and welfare. She argues the wealthy should contribute more than wage earners.

Finance market minister Niklas Wykman warns against the opposition's proposal for a new bank tax. According to him the tax could lead to higher mortgage costs for Swedish households.

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Social Democrats propose a temporary bank tax of four billion kronor ahead of the autumn election. Major banks warn they will raise mortgage rates if the tax is introduced. Finance Minister Elisabeth Svantesson cautions that costs will be passed on to customers.

A government inquiry to be presented to the cabinet on Wednesday proposes higher fuel taxes and an increased reduction obligation.

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Economist Peter Bofinger views the SPD's plans to abolish marriage tax splitting as poor marketing. He advocates raising the top tax rate to 50 percent instead and warns against overestimating social reforms. In a Berlin interview, he commented on current economic policy ideas.

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