V wants to tax the banks’ excess profits

V wants to introduce a tax on banks’ excess profits as a way to help Swedish households with rising mortgage interest rates and high inflation.

According to V, a tax of 50 percent of the banks’ excess profits should be introduced.

– For the Left Party, the choice is obvious between protecting the banks’ unreasonable excess profits and protecting welfare, V leader Nooshi Dadgostar said in his summer speech.

According to the proposal, a so-called oligopoly tax on banks’ excess profits would be introduced from 2024 through 2026.

sv-general-01