Swedish government to raise taxes, woo voters with more spending on schools


  • World
  • Thursday, 20 Feb 2014

STOCKHOLM (Reuters) - Sweden's centre-right government will raise taxes on private pension savings and cut student grants to boost public finances and free up spending for services such as schools ahead of September's election.

Raising taxes is usually unpopular, but Finance Minister Anders Borg hopes spending more on public services can steal the thunder of the Social Democrat led-opposition and turn around polls showing support for the centre right at 20-year lows.

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