1 hour ago · 6 min read1292 words · Politics · hide · 0 comments

Martin Lorentzon with a guitar, which feels fairly ironic, as his company works hard to decimate songwriter payouts and other horrid things. For more on Spotify, see my Spotify garden page. A short while ago, Martin Lorentzon—Spotify co-founder and billionaire—posted the following complaint: Zucmans and the Green Party's fundamental view is absurd. They make a problem out of the fact that we have successful entrepreneurs. Their view is extraordinarily damaging to Sweden. The rest of this post is the reply from Gabriel Zucman, economist and Professor at Paris School of Economics, to what Lorentzon wrote. Hello dear Spotify founder Martin Lorentzon. There is nothing "absurd" about pointing out that Swedish billionaires like yourself pay a lower share of their income in taxes than ordinary Swedes. It is a fact. But since you question our research on the regressivity of Sweden's tax system, allow me to explain the main conclusions of our work, the most comprehensive to date on this issue.…

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