Measures targeted at the revenue side of the budget can contribute between € 10 and € 28 billion to the consolidation of public
finances. This total amount could be reached without harming the economy via an increase of excise taxes, an enhanced taxation
of wealth and the abolition of tax exemptions, which have undesired economic effects, as well as the privatisation of selected
government shareholdings.
Keywords:budget consolidation, taxes and levies, growth effects, employment effects
Research group:Industrial, Innovation and International Economics
