Daniel Helldén says Sweden’s billionaires should pay more tax

Green Party co-leader Daniel Helldén argues that Sweden taxes work more heavily than extreme wealth. MP wants a targeted billionaire tax to fund welfare, climate investment and defence.

MP’s 2026 election manifesto makes a tax on the super-rich one of its equality proposals. The model Helldén has backed would charge 2% annually on net wealth above €100 million. It is a party proposal, not current Swedish law.

MP says the measure could raise up to SEK 50 billion annually. The party’s budget document says that figure is highly uncertain because Sweden has had no wealth register since 2007, making the tax base difficult to calculate.

Economist Daniel Waldenström told TV4 that owners could be forced to take money from companies during weak years, potentially hurting investment and jobs. Helldén says billionaires currently pay an effective tax rate of about 20%, lower than many workers.

For international residents following Sweden’s election, the practical point is that MP is proposing a new tax on a very small group; its design, revenue and international coordination remain disputed.

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