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The Danish Social Democrats' proposal for a 0.5% tax on fortunes over 25 million kroner has sparked mixed reactions, from strong opposition by Dansk Industri to support by Oxfam Denmark.
Recent reactions to the Social Democrats' proposal for a 0.5% tax on assets exceeding 25 million kroner in Denmark have been polarized. Dansk Industri, represented by Morten Høyer, calls the proposal 'damaging', emphasizing that it threatens jobs and entrepreneurship in the country. According to Høyer, many entrepreneurs operate for years without profits and reinvest in their businesses, which ultimately contributes to job creation and the welfare system. Thus, he expresses confusion over why the government would introduce a tax that could hinder these developments.