Sweden’s government has unveiled a 2026 budget with 46 billion kronor in tax cuts on jobs, pensions and food, aiming both to revive the economy and to woo voters ahead of next year’s election. The government calculates that tax revenues will be 46 billion kronor lower in 2026 as a result of tax cuts announced in the budget, while rule changes included will reduce tax income by 53 billion kronor. It could be different things, but this budget gives them the conditions to do so.”Svantesson said that the tax cuts in the 2026 budget took the total value of tax cuts brought in since the government took power to 100 billion kronor, with a 'typical family' now paying 5,000 kronor less in tax than before the government came in. As well as the tax cuts, the government is spending an extra 4.5 billion kronor on schools, 5 billion on healthcare and half a billion kronor on schemes to get more people into work. The government is also spending 1.5 billion on welfare reforms, which include bringing in a new cap on welfare payments.