this post was submitted on 06 Sep 2026
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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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[–] thespcicifcocean@lemmy.world 11 points 5 hours ago

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

[–] MonkderVierte@lemmy.zip 11 points 6 hours ago

Way to out yourself. Please tax him double.

[–] Kekzkrieger@feddit.org 5 points 5 hours 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 5 hours ago (1 children)
[–] 0x0@lemmy.zip 2 points 4 hours ago

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

[–] whaleross@lemmy.world 10 points 8 hours ago (1 children)

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 3 points 5 hours ago (2 children)

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

[–] whaleross@lemmy.world 2 points 3 hours 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 4 hours ago (1 children)
[–] creamfresh@lemmy.world 2 points 4 hours 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.

[–] NigelFrobisher@aussie.zone 26 points 14 hours ago

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

[–] DmMacniel@feddit.org 41 points 19 hours 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?

[–] modem_down@thebrainbin.org 44 points 19 hours ago

Just the latest reason to boycott Spotify.

[–] lemmylommy@lemmy.world 26 points 18 hours ago

Yet another reason for a wealth tax.

[–] Duchess@piefed.linenoise.vip 38 points 20 hours ago

ticks, leeches

[–] AI_toothbrush@lemmy.zip 11 points 16 hours ago

Good, i dont want that pos here

[–] Bluegrass_Addict@lemmy.ca 17 points 18 hours 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...

[–] AllNewTypeFace@leminal.space 16 points 18 hours 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 16 points 18 hours ago (1 children)

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 hours ago

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

[–] Professorozone@lemmy.world 8 points 16 hours ago

So fucking what. Let him leave.

[–] huppakee@lemmy.world 11 points 18 hours ago
[–] reallykindasorta@slrpnk.net 5 points 17 hours 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 15 hours ago

Oh no how unfortunate.

[–] stenAanden@feddit.dk -2 points 18 hours ago

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