Danish Premier Bets on $1 Billion Wealth Tax to Keep Her Job

Prime Minister Mette Frederiksen is betting that a proposal to reinstate a wealth tax on Denmark’s richest residents will resonate with the Danish voter base and help keep her in power next month, even though critics say it might lead to an exodus of billionaires.

Frederiksen, a Social Democrat, said she aims to raise about 6 billion kroner ($1 billion) from a group of Danes, representing less than 1% of the population of 6 million, as she called a parliamentary ballot for March 24.

“A wealth tax will take the top off inequality and create a better balance for our ...