Tag: Shadow Budget
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LO backs S proposal to scrap karensavdrag in shadow budget
Overview: A shadow budget with a broad fairness agenda In a Friday press conference, Sweden’s Social Democrats outlined a shadow budget that aligns with the Confederation of Swedish Trade Unions (LO). The plan centers on scrapping the karensavdrag, a waiting-day deduction that penalizes workers taking sick leave, and pairs it with stepwise tax relief for…
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LO Backs S Proposal to Scrap Karensavdrag in Shadow Budget
Overview of the shadow budget proposals In a move that would reshape Sweden’s social safety net, the Social Democrats (S) outlined a set of measures in their shadow budget. The plan centers on scrapping the karensavdrag, expanding family support, and introducing targeted tax relief for ordinary earners. The announcements came during a Friday briefing led…
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LO backs S plan to scrap the karensavdrag in shadow budget
What the plan includes The Social Democrats announced key elements of their shadow budget on Friday, presenting a package designed to ease cost‑of‑living pressures on Swedish families while redefining fairness on the labor market. Central to the proposal is scrapping the karensavdrag, the sickness‑absence deduction, a reform they argue will reduce penalties on ordinary workers.…