In recent years, Americans have lost their thrifty, self reliant attitudes and adopted a “just throw it away and buy a new one” lifestyle. Sweden has noticed a similar trend amongst its citizens, and has decided to use their tax laws to change it.
[:18] For generations, Americans fostered a culture of thrifty self-reliance and repair.
[1:04] We have become a “throwaway” society.
[1:44] Sweden has seen a similar trend.
[2:01] Sweden has passed a new law, cutting taxes on “fixing things.”
[3:41] These tax incentives should encourage Swedes to buy higher quality products, and repair them when they break.
[4:00] The new law will cost Sweden a significant amount of money.
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