Shhh! Nobody tell the Obama Administration!
Sweden’s centre-right government on Saturday announced income tax cuts of 10 billion kronor to stimulate the job market, its primary objective.Prime Minister and three other ministers in the four-party coalition said the reduction would mean most would have 200 to 250 kronor (20 to 25 euros, 29 to 36 dollars) more in take-home pay every month.
The left likes to point out that the Stimupalooza gave a large number of folks a $12 or so per month “tax cut”. They also like to call this “the largest tax cut in American history.”
In a follow up post, they then rail against tax cuts during deficit spending.
This news out of the not-so-Great White North might just ‘splode their little pumpkin heads.