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Additional Tax Revenues and Hidden Tax Increases – On the Results of the Tax Revenue Estimate of May 2016

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  • Christian Breuer

Abstract

The “tax revenues” working group has upwardly revised its revenue forecasts for the years after 2016. Tax revenues turned out to be higher than expected back in 2015. The changes in the following years are also due to revised assessments of the macroeconomic framework conditions. Assessments of total gross wages and compensation are now higher than in autumn. The rising taxation rate and the growing burden on gross wages and compensation points to fiscal policy leeway that could be used to refund additional revenues arising from tax progression.

Suggested Citation

  • Christian Breuer, 2016. "Additional Tax Revenues and Hidden Tax Increases – On the Results of the Tax Revenue Estimate of May 2016," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 69(11), pages 46-50, June.
    • Handle: RePEc:ces:ifosdt:v:69:y:2016:i:11:p:46-50
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    References listed on IDEAS

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    1. Projektgruppe Gemeinschaftsdiagnose, 2016. "Aufschwung bleibt moderat – Wirtschaftspolitik wenig wachstumsorientiert," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 23(03), pages 28-31, June.
    2. Breuer Christian, 2015. "On the Rationality of Medium-Term Tax Revenue Forecasts: Evidence from Germany," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 235(1), pages 22-40, February.
    3. Projektgruppe Gemeinschaftsdiagnose, 2016. "Upturn Remains Moderate – Economic Policy Lacks Growth Orientation," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 69(08), pages 03-59, April.
    4. Projektgruppe Gemeinschaftsdiagnose, 2016. "Gemeinschaftsdiagnose Frühjahr 2016: Aufschwung bleibt moderat – Wirtschaftspolitik wenig wachstumsorientiert," Wirtschaft im Wandel, Halle Institute for Economic Research (IWH), vol. 22(2), pages 25-25.
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    Cited by:

    1. FlorianDorn & ClemensFuest & BjörnKauder & LuisaLorenz & MartinMosler & NiklasPotrafke & LuisaDörr, 2018. "How Bracket Creep Creates Hidden Tax Increases: Evidence from Germany," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(04), pages 34-39, January.
    2. Florian Dorn & Clemens Fuest & Björn Kauder & Luisa Lorenz & Martin Mosler & Niklas Potrafke & Luisa Dörr, 2017. "How Bracket Creep Creates Hidden Tax Increases: Evidence from Germany," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(04), pages 34-39, December.
    3. Florian Dorn & Clemens Fuest & Björn Kauder & Luisa Lorenz & Martin Mosler & Potrafke. Niklas & Luisa Dörr, 2017. "Bracket Creep – Distribution Effects of a Rolling Income Tax Rate," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 70(03), pages 28-39, February.
    4. repec:ces:ifodic:v:15:y:2018:i:4:p:50000000000859 is not listed on IDEAS
    5. Clemens Fuest & Björn Kauder & Luisa Lorenz & Martin Mosler & Niklas Potrafke & Florian Dorn, 2016. "Hidden tax increases - the extra tax burden of the bracket creep and the expected impact of income tax rates "on wheels" on tax reliefs," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 76.

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    More about this item

    JEL classification:

    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • H22 - Public Economics - - Taxation, Subsidies, and Revenue - - - Incidence

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