Spotify’s Lorentzon Says He’d Leave Sweden If Wealth Tax Imposed
Spotify Technology SA co-founder Martin Lorentzon said he would leave Sweden immediately if the country introduces new wealth taxes.
Lorentzon urged politicians to consider higher taxes on capital or dividends instead of a wealth tax, saying it would be "directly counterproductive".
Lorentzon said the discussions about new taxes have already created uncertainty, with entrepreneurs asking if it is still OK to start a company in Sweden.
28 replies
Make them pay wealth tax for 10 years after they leaves
Why not also put in an exit tax for individuals worth above a certain networth, that would make the moving of assets leaa desirable. You shouldn't build wealth in and off a country's infrastructure and systems etc and then ditch when they ask you to put some back in. When Sweden put him through school, vaccination programs, 18 years of free dental care, natal care , childcare etc. That was as a societal investment. Not purely out of altruism.
Just the latest reason to boycott Spotify.
Mmmhm I wonder why. Is it because capital and dividends could be off-shored to decrease tax deductions?
ticks, leeches
Person who benefits from society does not want to fairly contribute to society shocker.
Yet another reason for a wealth tax.
In the same way that billionaires vacated Mamdani’s New York? (i.e., they made a lot of noise about doing so but none have left.)
then leave.. the world and 99% of humanity, do not give a single fuck about you. pay your tax, or fuck off to your bunker...
Fine
Let's put wealth caps in place. Nobody should be worth (or control) over 10 million dollars
Any income over that wealth goes 100% tot taxes
No more billionaires
No more centillionaires
No more wealth hoarding
Governments will now have enough income to pay for universal healthcare, free education, you name it
No more narcissists with all the power
Sounds like a great idea
It would make the world a better place for sure...
Way to out yourself. Please tax him double.
Qobuz, Deezer, Tidal. All these steaming services pay artists more, do not try to push their AI down your throat and don't have a CEO that calls music "content without production costs".
Well they pay homeopathically more out to artists, but better than nothing I guess.
If I remember correctly, Spotify has a revenue model that benefits bigger acts while said pay per stream. It makes sense when Spotify sees music as nothing but content to be consumed.
Bandcamp perhaps?
There's only merch and digital music for monetization, but that's the way to go anyway if you really want to support some artists.
They always say that, and then they never do actually leave
Good, i dont want that pos here
So fucking what. Let him leave.
that would probably save sweden more in carboncredits than the tax proposed
Easy as is: Tax money earned for working less while taxing money earned from capital more
Since these fucks think they work more than anyone they should even thank us for that since they work so much and hard.
None of my homies support spotify anyway, we’re moving back to physical media and mp3 and encouraging young artists who rely only on spotify to distribute to offer these pro-artist pro-consumer options.
What a cunt
That's an insult to cunts.
Cunts are adorable.
Lickable even.
Oh no how unfortunate.
Please don't. This is only alternative to YouTube that is just near being relevant.