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submitted 1 week ago by CAVOK@lemmy.world to c/europe@feddit.org

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.

Paywall? https://www.removepaywall.com/search?url=https%3A%2F%2Fwww.bloomberg.com%2Fnews%2Farticles%2F2026-09-05%2Fspotify-s-lorentzon-says-he-d-leave-sweden-if-wealth-tax-imposed

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[-] ironblossom@feddit.org 2 points 23 hours ago* (last edited 23 hours ago)

Make them pay wealth tax for 10 years after they leaves

[-] thespcicifcocean@lemmy.world 16 points 6 days ago

They always say that, and then they never do actually leave

[-] MonkderVierte@lemmy.zip 16 points 6 days ago

Way to out yourself. Please tax him double.

[-] whaleross@lemmy.world 16 points 6 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".

[-] creamfresh@lemmy.world 6 points 6 days ago

Well they pay homeopathically more out to artists, but better than nothing I guess.

[-] whaleross@lemmy.world 2 points 6 days ago

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.

[-] 0x0@lemmy.zip 1 points 6 days ago
[-] creamfresh@lemmy.world 3 points 6 days ago

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.

[-] foliumcreations@lemmy.world 2 points 4 days ago

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.

[-] Abrinoxus@lemmy.today 6 points 6 days ago

that would probably save sweden more in carboncredits than the tax proposed

[-] Kekzkrieger@feddit.org 6 points 6 days ago

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.

[-] Lanske@lemmy.world 4 points 6 days ago
[-] 0x0@lemmy.zip 6 points 6 days ago

That's an insult to cunts.
Cunts are adorable.
Lickable even.

[-] modem_down@thebrainbin.org 50 points 1 week ago

Just the latest reason to boycott Spotify.

[-] DmMacniel@feddit.org 42 points 1 week ago

Lorentzon urged politicians to consider higher taxes on capital or dividends instead

Mmmhm I wonder why. Is it because capital and dividends could be off-shored to decrease tax deductions?

[-] Duchess@piefed.linenoise.vip 40 points 1 week ago

ticks, leeches

[-] NigelFrobisher@aussie.zone 32 points 1 week ago

Person who benefits from society does not want to fairly contribute to society shocker.

[-] lemmylommy@lemmy.world 28 points 1 week ago

Yet another reason for a wealth tax.

[-] AllNewTypeFace@leminal.space 18 points 1 week ago

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.)

[-] phoenixz@lemmy.ca 17 points 1 week ago

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

[-] BigShammy80@feddit.org 2 points 6 days ago

It would make the world a better place for sure...

[-] Bluegrass_Addict@lemmy.ca 17 points 1 week ago

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...

[-] AI_toothbrush@lemmy.zip 11 points 1 week ago

Good, i dont want that pos here

[-] huppakee@lemmy.world 11 points 1 week ago
[-] Professorozone@lemmy.world 9 points 1 week ago

So fucking what. Let him leave.

[-] reallykindasorta@slrpnk.net 5 points 1 week ago

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.

[-] resipsaloquitur@lemmy.cafe 3 points 1 week ago

Oh no how unfortunate.

[-] stenAanden@feddit.dk -3 points 1 week ago

Please don't. This is only alternative to YouTube that is just near being relevant.

this post was submitted on 06 Sep 2026
95 points (98.0% liked)

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