September 24, 2016

"Last week, the always-enviable country of Sweden unveiled yet another forward-thinking maneuver geared to make all other developed nations look positively backwards in comparison."

mother nature network: The maneuver in question, crafted by the country’s ruling Social Democrat and Green Party coalition, comes in the form of a parliamentary proposal that would usher in tax breaks that reward Swedes who opt to send off consumer goods such as bicycles, clothing and shoes for minor mending and repairs instead of chucking said items in the trash and replacing them with new ones. by Matt Hickman

'This would be achieved by lowering the rate of the value-added tax (VAT) applied to the professional repair of such items from 25 percent to 12 percent.

'An additional incentive introduced to Swedish Parliament would offer tax refunds — half the labor cost of repairs — to those who fix bigger ticket items including home appliances such as dishwashers, washing machines and ovens. As noted by the BBC, Swedes can already recoup 50 percent of labor costs of “paid house work” such as employing a handyman or cleaning person from their annual income taxes.

'“I believe there is a shift in view in Sweden at the moment. There is an increased knowledge that we need to make our things last longer in order to reduce materials’ consumption,” Per Bolund, the country’s Minister For Financial Markets and Consumer Affairs, explains to The Guardian. “We believe that this [the proposed tax breaks] could substantially lower the cost and so make it more rational economic behaviour to repair your goods.”'

much more here

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