Exchange on the Long-Term Design of Fiscal Policy

In his presentation, Badelt pointed out the considerable additional burdens that are to be expected for public budgets in the long term and that can only be offset by far-reaching structural reforms in the public sector. He also said that the tax structure needed to be rethought in light of a possible decline in the importance of earned income – for example, by shifting the tax burden away from earned income and towards inheritance or technology companies.

In his presentation, Badelt pointed out the considerable additional burdens that are to be expected for public budgets in the long term and that can only be offset by far-reaching structural reforms in the public sector. He also said that the tax structure needed to be rethought in light of a possible decline in the importance of earned income – for example, by shifting the tax burden away from earned income and towards inheritance or technology companies.