The Federal Minister of Finance will present the new tax estimate on Thursday. Despite additional income, he will warn against spending requests.
(Photo: REUTERS)
Berlin When Christian Lindner (FDP) presents a tax estimate for the first time this Thursday as Federal Minister of Finance, the FDP politician is immediately faced with a dilemma. He has to explain why the state is swimming in money, but there are still no funds for additional spending. Communicating this message well is a challenge even for a practiced rhetorician like Lindner.
Despite the war in Ukraine and the slowdown in the economy, the state can surprisingly expect huge additional revenues. Lindner’s officials in the Federal Ministry of Finance, in their submission for the working group on tax estimates, forecast additional general government revenue by 2026 of 232 billion euros compared to the last forecast from last November.
Excerpts of the paper are available to the Handelsblatt. In 2025, the federal, state and local governments will break the trillion mark in tax revenue for the first time.
Tax estimate: Impact of Ukraine war not yet clear
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