Thursday's papers: Purra promises tax cuts, growing nicotine addiction, and shoplifting surge

Thursday's papers: Purra promises tax cuts, growing nicotine addiction, and shoplifting surge

Finance Minister Riikka Purra cites research suggesting that tax cuts for high-income earners could boost employment and economic growth.

Reducing corporate income tax is also being considered, Purra says. The government plans to finance the tax cut partly through savings and partly through anticipated “dynamic effects.”

The chairwoman of the Finns Party, Minister of Finance Riikka Purra, said on Wednesday (HS 16.

Research shows that reducing marginal taxation for high-income earners would accelerate growth - but reductions are also promised for other income groups.