Moderates promise higher income tax credits for workers — if they win upcoming elections (opens in new tab)

The Moderates are promising higher income tax credits for working people worth up to SEK 1,000 per month.The measure would be implemented in the next term of government.The election promise is estimated to cost SEK 44 billion, and would be financed via cuts to foreign aid, bureaucratic costs and welfare benefits, according to Finance Minister Elisabeth Svantesson.