It suggests that the income tax of high earners will decrease the most, both absolutely and relatively compared to this year, because the government plans to extend the so-called solidarity tax to a lower level than before.
Helsingin Sanomat reported on Thursday that the annual tax burden of those earning 12,000 euros per month is to be reduced by 1,000 euros.
The income tax burden of low- and medium-income earners, the newspaper wrote, will decrease by 100โ250 euros per year as a result of the changes to the income tax system. The burden on wage earners with minor children must be reduced more, because the government is planning to introduce a deduction system for wage earners with minor children.
Relatively speaking, income taxation is also expected to decrease the most among high income earners without children, when looking at those who do not have minor children.
prime minister Petteri OrpoAccording to Helsingin Sanomat, the NCP government interprets the effect slightly differently: according to its view, the expansion of the solidarity tax is not a tax reduction for high income earners, because without a decision the tax that has been in force. years, would have been completely scrapped.
โEasing income taxation increases work and strengthens purchasing power. The tax relief is especially aimed at low and middle income earners. The solidarity tax is levied on earners in the highest income categories, which means that their tax rate will increase,โ Orpo said in the parliament building on Wednesday.
Aleksi Teivainen โ HT
Source: The Nordic Page