Berlin. The German government is planning to introduce a plastic levy and a sugar tax, according to sources within the coalition on Tuesday.
Germany unveils sweeping tax hikes and reforms to stabilize public finances
These measures were already agreed upon within the governing coalition as part of fiscal consolidation efforts, though further details on their implementation have not yet been disclosed.
However, the government has drawn up a list of additional measures—many of which are already known—that are intended to either generate more revenue or reduce expenditures. These include boosting efficiency by cutting bureaucracy, reforming statutory health insurance, long-term care insurance, and pension schemes "with a corresponding reduction in federal subsidies," as officials stated.
Further steps to consolidate the budget include raising taxes on alcohol and tobacco, taxing cryptocurrencies, and intensifying the fight against financial and tax fraud.
To implement these consolidation measures, ministries will be required to submit regulatory proposals. Legislative changes are then expected to be incorporated into the 2027 Budget Implementation Act and other sector-specific laws. The government's goal is to avoid drawing from financial reserves as much as possible by 2027.
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