Taxes: Ifo Sees Little Impetus Through Government Tax Reform

Handelsblatt

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The planned reliefs in the income tax will hardly invigorate the economy, show new calculations. The Ifo Institute calls on the government to change the plans.

Business Insider (Poland)

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Perhaps next year, instead of the two PIT rates of 12 and 32 percent, a third rate of 24 percent will be added. This would mean higher earnings for nearly 2 million Poles.

EU-Schwerbehinderung

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According to ifo Institut, the planned income tax reform of the federal government for 2027 will hardly bring new growth impulses for the economy. "The income tax reform of the federal government is more compensation than departure", says ifo President Clemens Fuest. "It compensates above all for the cold progression, i.e. covert tax increases due to inflation, and increases the top tax rate. Real reliefs for more employment and economic growth …

berliner-sonntagsblatt.de

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The German government's planned income tax reform for 2027 will, according to the Ifo Institute, provide little new impetus for economic growth. "The German government's income tax reform is more of a balancing act than a catalyst," said Ifo President Clemens Fuest on Thursday. "It primarily compensates for bracket creep, i.e., hidden tax increases due to inflation, and raises the top tax rate. Genuine tax relief for increased employment and eco…