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Tax Revenues Open Up Budgetary Leeway – Results of the Tax Revenue Estimate of May 2015

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  • Christian Breuer

Abstract

The “tax revenues” working group has upwardly revised its revenue forecasts for the years following 2015. For the ongoing year the working group expects revenues from taxes to be a total of 6.3 billion euros higher than November’s estimate. In the years that follow, annual additional revenues will total around 8 billion euros.

Suggested Citation

  • Christian Breuer, 2015. "Tax Revenues Open Up Budgetary Leeway – Results of the Tax Revenue Estimate of May 2015," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 68(11), pages 41-44, June.
    • Handle: RePEc:ces:ifosdt:v:68:y:2015:i:11:p:41-44
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    More about this item

    JEL classification:

    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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