Tax Estimate 2027: More Money, but "No New Room for Manoeuvre"
17 Articles
17 Articles
From site recruiter to fun brake: In view of improved revenues, Minister of Finance Klingbeil has to explain why there is no money for further tax cuts – and the Chancellor has unfortunately miscalculated.
Despite current crises, the federal government can expect more tax revenues next year than initially expected. Nevertheless, Minister of Finance Klingbeil does not expect more room for manoeuvre for the budget.
In the coming years, the federal government, Länder and municipalities can expect a little more revenue than expected in the spring.
The booming economy flushes higher revenues into the state treasury. For the federal government, however, the room for manoeuvre hardly expands. Hopes of the union will probably not be fulfilled.
Germany could achieve around five billion euros more tax revenues through better growth prospects. According to economic editor Karsten Seibel, because the state is also allowed to make less new debts, there is no additional financial room for manoeuvre.
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