Fair and incentivizing taxation
The aim of our tax system is to uphold and develop our Nordic welfare state. School, care, our infrastructure, our cultural institutions and everything else that is important for us depends on taxation. That is why we need an effective, equitable and predictable tax system. The tax system should be as simple and transparent as possible so that all taxpayers know why they are paying tax.
Finland’s total tax level is among the highest in EU countries. Taxation should incentivize people to work, run businesses and promote economic growth. Income tax in Finland should be lowered in line with the OECD’s recommendations.
We want to
- see employees receive more after taxes, that is, we want income taxation to incentivize people to work
- promote entrepreneurship by keeping corporation tax at a competitive level
- scrap inheritance and gift tax when businesses and farmers pass on the business to the next generation to promote family businesses
- scrap inheritance and gift tax by replacing it with a tax to be paid when the inheritance is sold on
- make private persons’ investments in growth companies to a certain level income-tax deductible
- make private persons’ donations to institutes of higher education tax deductible
- change property tax so it does not unreasonably hit small house owners, for example
- tackle the black economy and aggressive tax planning
- increase the tax credit for household expenses