Estonia, Financial Services, Legislation, Taxation

International Internet Magazine. Baltic States news & analytics Saturday, 20.04.2024, 12:21

Estonian PM doesn’t see the possibility of raising income tax threshold to 400 euros per month

BC, Tallinn, 24.07.2015.Print version
Estonian Prime Minister Taavi Rõivas said on Thursday that the Social Democratic Party amendments to the coalition agreement will be discussed in the Reform Party board, but a firm "no" will be said to tax increases, LETA/Delfi reports.

He said, commenting upon the wish of the SDP to raise income tax threshold to 400 euros a month, that "I do not see a possibility now that it could be financed in any other ways than by additional tax increases and we do not support a tax increase," said Rõivas.

 

"The proposals, which require hundreds of millions of euros in additional financing sources, i.e. additional tax increases, they are very unlikely to find support," said Rõivas.

 

He added that the probability of success is better for proposals, which do not require very large additional sums from the state budget. "I think that is appropriate, if we discuss these positions in our party, and then say what we think of one or another proposal."

 

Junior coalition partner Social Democratic party gathered across Estonia 151 amendments to the coalition agreement. 21 of them were selected to discuss with the coalition partners.






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