Tidö Agreement main subject economic growth
Growth and household economy
Paragraph one of the Tidö Agreement describes the overall direction of the economic policy during the term of office. The agreement has led to the direction of the economic policy being to counteract unemployment and strengthen Sweden's ability to grow. The companies' administrative costs must be reduced during the mandate period. Arbetslinjen (A) will be strengthened through a major grant reform with, among other things, grant caps and activity requirements for those who live with social security in Sweden. Health insurance must provide financial security for those who cannot work due to illness. The level of the A fund that applies today should apply in the future is not included in the agreement but was stated at the press meeting. The tax on work is reduced with a focus on low and middle income earners, as is the tax on pensions. To further support households, the tax on savings is reduced. Household compensation for high electricity prices and fuel prices is greatly reduced, among other things by lowering the reduction obligation to the European Union's minimum level. Corporate taxation must be competitive and companies must have good incentives to invest in research and be given a better opportunity to attract and retain key competence. The conditions for small and medium-sized enterprises to grow, employ and attract capital must be improved.