Orpo: Government to also decide on tax hikes in spring

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				Orpo: Government to also decide on tax hikes in spring

Prime Minister Petteri Orpo (NCP) held a press conference in Helsinki on 12 December 2023. Orpo confirmed earlier this week that the government will also have to evaluate the need for tax hikes as it tackles its budget deficit. (Heikki Saukkomaa – Lehtikuva)

PRIME MINISTER Petteri Orpo (NCP) has revealed that the government will decide not only on spending cuts but also on tax increases in the spring.

Although the government programme stipulates that the government must forgo policy measures that increase the total tax rate in Finland, Orpo on Tuesday told Helsingin Sanomat that the government has both the leeway and need to raise taxes.

“We’re forced to also examine the revenue side, meaning taxes. And we’ll have to raise some taxes,” he admitted in an interview with the newspaper.

The Ministry of Finance, he pointed out, has published a projection according to which the total tax rate will decrease during the course of the electoral term without government measures.

Source: www.helsinkitimes.fi

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