Sweden’s warning to California: Don’t tax wealth like we did

2026-07-23 The San Francisco Standard
Op-Ed
Reference
Henrekson, Magnus (2026). “Sweden’s warning to California: Don’t tax wealth like we did”. The San Francisco Standard, July 23.

Author
Magnus Henrekson

Sweden abolished its century-old wealth tax in 2007 after it punished entrepreneurship and raised little revenue. California risks making the same mistake.