Taxes: Tax Estimate: No Unexpected Tax Bonanza for the Coalition
The economy is indeed doing significantly better, but tax revenues are not increasing as strongly as hoped. Further relief is therefore moving further and further away.
Berlin - The new tax forecast reveals that the federal government, regional governments, and municipalities will collect roughly €43 billion more in taxes by 2030 than initially anticipated, according to the latest tax estimation unveiled by Finance Minister Lars Klingbeil (SPD). The average expected state revenue is about €11 billion higher annually than previously calculated.
For the federal government, the new tax forecast essentially eliminates any new leeway. The tax forecasters anticipate overall government income, including the three billion euro reduction due to tax law changes like the fuel rebate, to be €0.8 billion. While hopes that the new tax forecast could improve the coalition's budget situation and open up room for further tax cuts, those expectations have been dashed.
Hence, even in the coming years, the Bund can hardly expect noticeable additional revenues. In 2027, the surplus is expected to amount to around €4 billion, but expenditure remains largely constant thereafter, with similar trends unfolding in subsequent years.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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