Sweden paying people to fix things

To combat its ‘throwaway consumer culture’, Sweden has announced tax breaks on repairs to clothes, bicycles, fridges and washing machines. On bikes and clothes, VAT has been reduced from 25% to 12% and on white goods consumers can claim back income tax due on the person doing the work. The scheme is expected to cost the state some $54 million in lost taxes, which will be more than outweighed by income from a new tax on harmful chemicals in white goods. Moreover, Sweden’s economy is growing strongly and the government has an $800 million budget surplus. Alexander Starritt interviewed the man behind the scheme, deputy finance minister Per Bolund, a member of the Green party and a biologist by training. He spoke about nudging people towards better choices; creating jobs for skilled manual workers; and Sweden’s six-hour working day. Read the interview on the Medium web site, which originally appeared on World Economic Forum web site.