Taxes: Tax Estimation Working Group expects around 81 billion euros less tax revenue by 2029

An important basis for estimating tax revenues is the federal government's economic forecast. And at the end of April, this forecast showed that the economy is stagnating. For the third consecutive year, there has been no growth, and gross domestic product is stagnating. And the government expects little recovery next year, with growth of only 1.0 percent.

"The results show: We must strengthen revenues through higher economic growth," said Klingbeil when announcing the figures. "This is the only way to gain new financial flexibility. We are therefore now initiating the most significant modernization of our country in decades." Overall, however, the tax assessors' results are largely in line with what was already expected during the coalition negotiations.