Hesse: State expects less tax revenue for 2023 and 2024

Wiesbaden (dpa/lhe) - Hesse's Finance Minister Michael Boddenberg (CDU) expects lower tax revenues in the next two years than previously assumed.

Hesse: State expects less tax revenue for 2023 and 2024

Wiesbaden (dpa/lhe) - Hesse's Finance Minister Michael Boddenberg (CDU) expects lower tax revenues in the next two years than previously assumed. In 2023, almost half a billion euros less will be taken in than forecast in May, Boddenberg said on Wednesday in Wiesbaden after analyzing the autumn tax estimate. In 2024, around 230 million euros will still be missing.

For the current year 2022, on the other hand, he expects additional tax revenue for the Hessian state budget, the finance minister reported. The estimate is based on an additional 220 million euros.

"This means there are challenges for the state budget," emphasized Boddenberg, with a view to the coming years. The financial consequences for the budget are currently being examined. However, the state government still has the goal of refraining from determining an exceptional situation after the debt brake if possible in the coming year. Because of the high costs for the state budget caused by the war and inflation, however, this requires considerable efforts.

The draft of the black-green state government for the double budget for 2023 and 2024 will still have to undergo some changes in the parliamentary process, the finance minister announced after the new data from the autumn tax estimate. At the beginning of 2023, the figures for the next two years are to be decided in the Hessian state parliament according to previous planning.

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