Finance Ministry Proposes Abolishing Child Benefits Amid Sweeping Reform Suggestions
5 Articles
5 Articles
The Ministry of Finance has calculated savings of hundreds of millions of euros, for example, from extending working hours and reducing salaries for public sector employees.
There has been a shift in the thinking of the Ministry of Finance: taxation of labor may also have to be tightened. A comprehensive presentation of adjustment measures worth 8–11 billion euros will be presented live starting at 12 noon.
The Ministry of Finance has published two comprehensive reports with opportunities for Finland to reduce its spending and increase its revenues. Similar lists were published ahead of the 2023 parliamentary elections and generated much debate.
Abolishing child benefits, cutting pensions, tightening labor taxation. These measures, among others, are included in the massive package of adjustment options published by the Ministry of Finance (VM) on Monday. The expenditure and structural survey and tax survey, now published for the second time, contain various measures that could strengthen public finances in the coming years. The article VM's hefty package of adjustment measures: Tax hike…
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