Economy
Spotify Co-founder: I Will Leave Sweden If Wealth Tax Is Introduced
Martin Lorentzon, co-founder of music streaming service Spotify, has stated he will leave Sweden if the country introduces a new wealth tax. The Swedish billionaire made this announcement in an interview with news agency Bloomberg. Lorentzon’s remarks come amid ongoing discussions in Sweden about implementing a tax targeting the wealthy. He emphasized his opposition to such a measure, warning of potential consequences for his residency. The debate reflects broader concerns among entrepreneurs about the impact of higher taxes.
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