As tax revenues are flooding into the Treasury, the German taxpayers’ association (BdSt) has asked the federal government to axe the “stealth” tax increases and to cut spending further. Current estimates show that tax revenues will be substantially higher than previously thought: a record 600 billion euros in 2012 and 700 billion euros in 2017.
The BdSt considers that some 27 billion euros could be saved in the federal budget.