Swedish opposition says banks to pay 4 billion extra in tax by 2018 if win election


  • World
  • Tuesday, 02 Sep 2014

STOCKHOLM (Reuters) - Sweden's opposition Social Democratic party said its plans for increased taxes on banks would raise 4 billion Swedish crowns ($570 million)(343.91 million British pound) a year by 2018, if polls are correct and it wins a general election on Sept. 14.

In its election manifesto, the party said it would increase spending on welfare, schools and jobs by 40 billion Swedish crowns ($5.7 billion) if it is elected.

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