The Danish Social Democrats proposed a 0.5 percent tax on assets exceeding 25 million kroner, eliciting mixed reactions across the political spectrum. Business leaders, particularly from Dansk Industri, argue that the tax would be detrimental to job creation and entrepreneurship. Morten Høyer, the political director of Dansk Industri, emphasized that many entrepreneurs operate at a loss for years, reinvesting their income in their businesses and thus contributing to the welfare society by creating jobs. He expressed confusion over why the Social Democrats would seek to impose such a tax, which he views as harmful to both the economy and social welfare.

In contrast, Oxfam Denmark, which focuses on global poverty and inequality, supports the proposed tax, framing it as a necessary step to address increasing inequality in Denmark. Lars Koch, the general secretary of Oxfam Denmark, argued that it should be a priority for any new government to tackle the problem of rising inequality, indicating that a wealth tax targeting the richest individuals is a wise decision. Oxfam's stance underscores the potential for a wealth tax to redistribute resources more equitably in society and to invest in social programs that can lift marginalized communities out of poverty.

This divergence in views highlights the broader debate in Danish society about wealth distribution, economic growth, and the role of government in regulating these areas. As various stakeholders react to the proposal, it remains to be seen how the impending discussions will shape Danish tax policy and whether the Social Democrats can achieve a consensus on a measure that balances economic growth with social equality.