In 1976, a scandal arose in Sweden when author Astrid Lindgren's marginal tax rate had risen to 102%. This coined the term “Pomperipossa effect”, from a story she published in Expressen on 3 March 1976, entitled “Pomperipossa in Monismania”, attacking the government and its taxation policies. She nevertheless supported the Social Democratic Party responsible for the tax rate her whole life.
Previous Fact Next Fact