Tax rate reaches a new century record

By 2028, the share of government tax revenue in total economic output will reach a record 23.3 %.

The tax ratio is the proportion of total economic output accounted for by the state's tax revenue. As the SPIEGEL reports, according to figures from the German government, this tax ratio will rise significantly in the coming years. While the tax ratio is still at 22.4 % this year, it will rise to 23.3 % by 2028. This would be a new record value in this century, but only reflects a long-term trend, as the tax rate was still 19.7 % in 2005. As SPIEGEL has calculated, the government would have to decide on a tax relief volume of around 135 billion euros for 2025 in order to reach the previous value again. However, due to the empty state coffers, this is considered completely out of the question. Instead, the tax rate will make a particularly large leap from 0.4 % to 22.8 % in the coming year.