The proposal by the Social Democrats for a 0.5% tax on wealth exceeding 25 million kroner has sparked mixed reactions in Denmark, reflecting divergent perspectives on wealth distribution and economic policy. Danish Industry (DI) has strongly opposed the proposal, describing it as detrimental to businesses and the Danish economy. Morten Høyer, DI's political director, argued that such a tax would undermine entrepreneurs, who often struggle for years without profit as they reinvest in business development and job creation. He expressed confusion over why the Social Democrats would pursue a policy that could hurt the labor market and the welfare state.

On the other hand, Oxfam Denmark views the tax proposal as a necessary measure to address rising inequality in the country. Lars Koch, the organization's secretary general, emphasized the importance of government action to combat inequality and suggested that a wealth tax targeting the wealthiest would be a logical step for any new administration. Oxfam advocates believe that a wealth tax could not only assist in reducing the wealth gap but could also generate revenue for social programs aimed at alleviating poverty.

This debate underscores the broader tensions in Danish society regarding wealth accumulation and social responsibility. With contrasting views from business and social advocacy sectors, the outcome of this proposal could significantly shape the future of Denmark's economic policies and its approach to wealth redistribution as the government seeks to balance economic growth with social equity.