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.

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  • whaleross@lemmy.world
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    9 days ago

    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”.